Billionaire Family Offices Join Berkshire in UnitedHealth Bet

(Bloomberg) – Some of the richest people in the world joined Warren Buffett’s Berkshire Hathaway Inc. in the second quarter.

According to the 13F files published on Thursday, George Soros’s investment company, the Swedish packaging dynasty’s family office and Michael Plat’s Bluecrest Capital Management increased its shares in UnitedThealth in the last quarter.

Unitedhealth’s shares fell in December after a series of mishaps, starting from the deadly shooting of a top manager in New York. A few months later, the company reduced its financial appearance by increasing medical costs and the general manager suddenly resigned. Meanwhile, the health company is under a federal investigation regarding Medicare invoices.

Tumulent increased its attractiveness for resource investors known for contract and value bets, including Billionaire David Tepper, including Billionaire David Tepper, including the risk protection fund that made the insurance company the second largest holding. The announcement of Buffett’s Unitedhealth’s purchase, the company’s shares increased by 13% at 11:18 to $ 306.52 in New York. Berkshire’s share is about $ 1.6 billion.

Family offices also leaned on technology in the last quarter, while the Soros and Parker family’s Kemnay Consulting Services increased their shares in Apple Inc., while Platt’s Bluecres and Iconiq Capital is a very family office that manages a few Silicon Valley billionaires, and more Nvidia Corp. He bought the sharing.

Money managers who inspect more than $ 100 million in US stocks are required to submit 13F forms within 45 days from the end of each quarter to list their shares in the US stock exchanges. It presents one of a few glances on how hedge funds and some large family offices invest.

Other important points from the second quarter 13F files include:

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