Investors anxiously await the quarterly release of Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) 13-F regulatory filing. It reveals which stocks Warren Buffett's holding company bought and sold during each quarter, and that gives investors lots of food for thought about investments. The third-quarter filing offered some interesting news for Buffett-followers, such as a new position in building products company Louisiana-Pacific.
According to a regulatory filing, Buffett on Wednesday donated another 2.4 million of the conglomerate's Class B shares, worth about $759 million based on their closing price. Buffett donated 1.5 million shares to the Susan Thompson Buffett Foundation. Another 900,000 shares were split evenly among charities run by his children Howard, Susan and Peter: the Howard G. Buffett Foundation, the Sherwood Foundation and the Novo Foundation.
Allstate (ALL) implements auto rate hikes in October to counter inflationary headwinds. Catastrophe losses remain low last month.