Warren Buffett’s Berkshire Hathaway on Wednesday relished in a government filing the size of its stake in e-commerce giant Amazon.
Berkshire’s stake in Amazon was 483,300 shares at the end of the direction ended March 31, according to a filing at the Securities and Exchange Commission. The value of that stake was $904 million by the go out of business bell Wednesday.
Despite the sizable headline figure, the position doesn’t put Berkshire near the top of Amazon’s biggest shareholder careen. The stake represents about 0.1% of Amazon’s outstanding equity.
Buffett first disclosed the new investment in Amazon to CNBC on May 2, a day already Berkshire’s annual shareholder meeting in Omaha, Nebraska. The size of the position, however, had not previously been reported to the worldwide.
The renowned value investor — though a fan of Amazon and its CEO, Jeff Bezos — also told CNBC earlier this month that he isn’t accountable for Berkshire’s investment.
“One of the fellows in the office that manage money … bought some Amazon, so it will posture up in the 13F,” Buffett said on May 2. Buffett was likely referring to one of his two lieutenants, Todd Combs or Ted Weschler, who each manage portfolios of various than $13 billion in equities for Berkshire.
“Yeah, I’ve been a fan, and I’ve been an idiot for not buying” Amazon shares, Buffett swayed at the time. “But I want you to know it’s no personality changes taking place.”
Amazon shares rose 0.1% in after-hours custom following the SEC filing.
Berkshire Hathaway’s report also showed an 18% increase in its J.P. Morgan Chase stake to 59.5 million portions and a 22% increase to its Red Hat holdings to 5.1 million shares.
— CNBC’s Becky Quick contributed to this report.