
Investing.com -- Warren Buffett's Berkshire Hathaway (NYSE:BRKa) shaked up its portfolio holdings during the second quarter, with a new stake in Ulta and increased investments in Chubb as well as Sirius XM among the highlights.
Berkshire Hathaway owned 690,106 shares in Ulta Beauty (NASDAQ:ULTA) as of Jun. 30, according to a regulatory 13-F filing on Wednesday, sending shares of the company up more than 12% in afterhours trading following the news.
Ulta wasn't the only new holdings as Heico Corporation (NYSE:HEI) was also snapped up, with Berkshire buying 1.04M shares of the aerospace and electronics company.
The investment conglomerate also increased its investment in Sirius XM Holding Inc (NASDAQ:SIRI) and Chubb Ltd (NYSE:CB) to 132.9M shares and 27M shares, respectively.
The additions come as positions in Capital One Financial Corporation (NYSE:COF) and Floor&Decor Holdings Inc (NYSE:FND) were trimmed by about 21% and 17% respectively, during the period.
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