Chubb is Warren Buffett’s Berkshire Hathaway secret stock pick

Warren Buffett speaks during Berkshire Hathaway’s annual shareholders meeting in Omaha, Nebraska on May 4, 2024.


Warren Buffett has finally revealed his secret stock picks in a new regulatory filing, and the insurance company Chubb.

His conglomerate Berkshire Hathaway bought nearly 26 million shares in Zurich-based Chubb for a stake worth $6.7 billion. The property and casualty insurer became Berkshire’s ninth-largest company at the end of March.

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