Berkshire Hathaway Boosts BNSF Stake

Berkshire Hathaway boosted its stake in Burlington Northern Santa Fe Corp., the second-largest U.S. freight railroad, to 15%, Bloomberg reported.

Berkshire, BNSF’s largest shareholder, said in a regulatory filing it bought 10.1 million more shares of stock from Thursday through Monday, Bloomberg reported.

That boosted its ownership by 24% to 52.1 million shares of BNSF stock, adding to the Berkshire’s transportation interests, which include XTRA Corp., which leases truck trailers and shipping containers.

Berkshire Hathaway is owned by billionaire investor Warren Buffett.