Although he’s a burger-and-soda kind of guy, Warren Buffett will most likely not be spotted at a Burger King anytime soon. A regulatory filing submitted Thursday night by the legendary financier’s investment vehicle Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) revealed that it has completely sold its stake in Restaurant Brands International (NYSE:QSR), the fast-food chain’s owner.
Berkshire Hathaway is required to provide updates to the Securities and Exchange Commission (SEC) every quarter about its portfolio of publicly traded companies. These reports are closely scrutinized by many investors and can often affect sentiment on a stock, depending on whether Berkshire adds more of it to its holdings, reduces its stake, or keeps it level.
