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Berkshire Hathaway Buys Wells Fargo, DaVita HealthCare, Sells Kraft Foods, Johnson & Johnson

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GuruFocus

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This the latest portfolio update for Berkshire Hathaway. Warren Buffett continued to add to his favorite companies such as Wells Fargo and IBM, while his new managers Ted Weschler and Todd Combs bought into three new positions and added to existing positions.

Berkshire sells Kraft Foods Group Inc, Johnson & Johnson during the 3-months ended 12/31/2012, according to the most recent filings of his investment company, Berkshire Hathaway. As of 12/31/2012, Berkshire Hathaway owns 41 stocks with a total value of $75.3 billion. These are the details of the buys and sells.

For the details of Warren Buffett's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Warren+Buffett

These are the top 5 holdings of Warren Buffett

  1. Wells Fargo & Co (WFC) - 439,857,861 shares, 20.0% of the total portfolio. Shares added by 4.1%
  2. Coca-Cola Co (KO) - 400,000,000 shares, 19.3% of the total portfolio.
  3. International Business Machines Corp (IBM) - 68,115,484 shares, 17.3% of the total portfolio. Shares added by 0.89%
  4. American Express Co (AXP) - 151,610,700 shares, 11.6% of the total portfolio.
  5. Procter & Gamble Co (PG) - 52,793,078 shares, 4.8% of the total portfolio.


New Purchase: Archer-Daniels Midland Company (ADM)

Warren Buffett initiated holdings in Archer-Daniels Midland Company. His purchase prices were between $24.48 and $29.1, with an estimated average price of $27.08. The impact to his portfolio due to this purchase was 0.22%. His holdings were 5,956,600 shares as of 12/31/2012. Archer-Daniels Midland Company was incorporated in Delaware in 1923, successor to the Daniels Linseed Co. Archer-daniels Midland Company has a market cap of $20.82 billion; its shares were traded at around $31.44 with a P/E ratio of 22.1 and P/S ratio of 0.2. The dividend yield of Archer-daniels Midland Company stocks is 2.2%. Archer-daniels Midland Company had an annual average earnings growth of 9.4% over the past 10 years.

New Purchase: VeriSign, Inc. (VRSN)

Warren Buffett initiated holdings in VeriSign, Inc.. His purchase prices were between $34.15 and $49.5, with an estimated average price of $41.58. The impact to his portfolio due to this purchase was 0.19%. His holdings were 3,685,700 shares as of 12/31/2012. VeriSign, Inc is a Delaware Corporation. The Company is a provider of Internet infrastructure services for the networked world. Verisign, Inc. has a market cap of $7.1 billion; its shares were traded at around $45.68 with a P/E ratio of 29 and P/S ratio of 8.8. Verisign, Inc. had an annual average earnings growth of 6.5% over the past 10 years.

Added: Wells Fargo & Co (WFC)

Warren Buffett added to his holdings in Wells Fargo & Co by 4.1%. His purchase prices were between $31.43 and $35.97, with an estimated average price of $33.71. The impact to his portfolio due to this purchase was 0.79%. His holdings were 439,857,861 shares as of 12/31/2012. Wells Fargo & Company is a corporation organized under the laws of Delaware and a financial holding company and a bank holding company registered under the Bank Holding Company Act of 1956, as amended. Wells Fargo & Co has a market cap of $185.99 billion; its shares were traded at around $35.26 with a P/E ratio of 11.1 and P/S ratio of 2.2. The dividend yield of Wells Fargo & Co stocks is 2.6%. Wells Fargo & Co had an annual average earnings growth of 15.6% over the past 5 years.

Added: DaVita HealthCare Partners Inc (DVA)

Warren Buffett added to his holdings in DaVita HealthCare Partners Inc by 33.44%. His purchase prices were between $104.11 and $114.98, with an estimated average price of $110.09. The impact to his portfolio due to this purchase was 0.5%. His holdings were 13,607,935 shares as of 12/31/2012. DaVita HealthCare Partners Inc was incorporated as a Delaware corporation in 1994. Davita Healthcare Partners Inc has a market cap of $11.35 billion; its shares were traded at around $118.98 with a P/E ratio of 21.6 and P/S ratio of 1.5. Davita Healthcare Partners Inc had an annual average earnings growth of 15.3% over the past 10 years. GuruFocus rated Davita Healthcare Partners Inc the business predictability rank of 3.5-star.

Added: General Motors Co (GM)

Warren Buffett added to his holdings in General Motors Co by 66.67%. His purchase prices were between $23.28 and $27.96, with an estimated average price of $25.18. The impact to his portfolio due to this purchase was 0.38%. His holdings were 25,000,000 shares as of 12/31/2012. General Motors Company was formed by the UST in 2009 originally as a Delaware limited liability company, Vehicle Acquisition Holdings LLC, and subsequently converted to a Delaware corporation, NGMCO, Inc. General Motors Co has a market cap of $43.44 billion; its shares were traded at around $27.73 with a P/E ratio of 10.6 and P/S ratio of 0.3.

Added: Directv (DTV)

Warren Buffett added to his holdings in Directv by 15.16%. His purchase prices were between $48.17 and $53.24, with an estimated average price of $50.31. The impact to his portfolio due to this purchase was 0.3%. His holdings were 34,037,500 shares as of 12/31/2012. Directv was incorporated in Delaware in 2009. The Company is a provider of digital television entertainment in the United States and Latin America. Directv has a market cap of $30.42 billion; its shares were traded at around $50.01 with a P/E ratio of 12.6 and P/S ratio of 1.2. Directv had an annual average earnings growth of 28.7% over the past 5 years.

Added: Wabco Holdings Incorporated (WBC)

Warren Buffett added to his holdings in Wabco Holdings Incorporated by 154.64%. His purchase prices were between $56.26 and $63.54, with an estimated average price of $59.7. The impact to his portfolio due to this purchase was 0.21%. His holdings were 4,071,925 shares as of 12/31/2012. Wabco Holdings Incorporated was founded in the United States in 1869 as Westinghouse Air Brake Company. Wabco Holdings Incorporated has a market cap of $4.36 billion; its shares were traded at around $68.78 with a P/E ratio of 14.7 and P/S ratio of 1.8. Wabco Holdings Incorporated had an annual average earnings growth of 3.6% over the past 5 years.

Added: Precision Castparts Corp. (PCP)

Warren Buffett added to his holdings in Precision Castparts Corp. by 58.33%. His purchase prices were between $161.11 and $188.82, with an estimated average price of $175.56. The impact to his portfolio due to this purchase was 0.18%. His holdings were 1,977,336 shares as of 12/31/2012. Precision Castparts Corp. was incorporated in the State of Oregon. Precision Castparts Corp. has a market cap of $27.08 billion; its shares were traded at around $184.93 with a P/E ratio of 20 and P/S ratio of 3.4. The dividend yield of Precision Castparts Corp. stocks is 0.1%. Precision Castparts Corp. had an annual average earnings growth of 19.1% over the past 10 years. GuruFocus rated Precision Castparts Corp. the business predictability rank of 2.5-star.

Added: International Business Machines Corp (IBM)

Warren Buffett added to his holdings in International Business Machines Corp by 0.89%. His purchase prices were between $185.51 and $211, with an estimated average price of $195.05. The impact to his portfolio due to this purchase was 0.15%. His holdings were 68,115,484 shares as of 12/31/2012. International Business Machines Corporation was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. International Business Machines Corp has a market cap of $225.56 billion; its shares were traded at around $199.58 with a P/E ratio of 14.4 and P/S ratio of 2.2. The dividend yield of International Business Machines Corp stocks is 1.7%. International Business Machines Corp had an annual average earnings growth of 13.1% over the past 10 years. GuruFocus rated International Business Machines Corp the business predictability rank of 4.5-star.

Added: National Oilwell Varco, Inc. (NOV)

Warren Buffett added to his holdings in National Oilwell Varco, Inc. by 26.46%. His purchase prices were between $64.87 and $82.03, with an estimated average price of $72.53. The impact to his portfolio due to this purchase was 0.1%. His holdings were 5,294,800 shares as of 12/31/2012. National Oilwell Varco, Inc., a Delaware corporation incorporated in 1995, is a provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. National Oilwell Varco, Inc. has a market cap of $30.12 billion; its shares were traded at around $70.39 with a P/E ratio of 12.6 and P/S ratio of 1.6. The dividend yield of National Oilwell Varco, Inc. stocks is 0.7%. National Oilwell Varco, Inc. had an annual average earnings growth of 31.6% over the past 10 years. GuruFocus rated National Oilwell Varco, Inc. the business predictability rank of 4-star.

Added: DaVita HealthCare Partners Inc (DVA)

Warren Buffett added to his holdings in DaVita HealthCare Partners Inc by 0.23%. The impact to his portfolio due to this purchase was 0.01%. His holdings were 14,049,909 shares as of 12/31/2012. DaVita HealthCare Partners Inc was incorporated as a Delaware corporation in 1994. Davita Healthcare Partners Inc has a market cap of $11.35 billion; its shares were traded at around $118.98 with a P/E ratio of 21.6 and P/S ratio of 1.5. Davita Healthcare Partners Inc had an annual average earnings growth of 15.3% over the past 10 years. GuruFocus rated Davita Healthcare Partners Inc the business predictability rank of 3.5-star.

Added: DaVita HealthCare Partners Inc (DVA)

Warren Buffett added to his holdings in DaVita HealthCare Partners Inc by 0.3%. The impact to his portfolio due to this purchase was 0.01%. His holdings were 14,017,533 shares as of 12/31/2012. DaVita HealthCare Partners Inc was incorporated as a Delaware corporation in 1994. Davita Healthcare Partners Inc has a market cap of $11.35 billion; its shares were traded at around $118.98 with a P/E ratio of 21.6 and P/S ratio of 1.5. Davita Healthcare Partners Inc had an annual average earnings growth of 15.3% over the past 10 years. GuruFocus rated Davita Healthcare Partners Inc the business predictability rank of 3.5-star.

Reduced: Kraft Foods Group Inc (KRFT)

Warren Buffett reduced to his holdings in Kraft Foods Group Inc by 94.52%. His sale prices were between $43.66 and $47.57, with an estimated average price of $45.48. The impact to his portfolio due to this sale was -1.61%. Warren Buffett still held 1,668,714 shares as of 12/31/2012. Kraft Foods Group Inc is a Virginia Corporation. On October 1, 2012, Kraft Foods Inc. Kraft Foods Group Inc has a market cap of $28.05 billion; its shares were traded at around $47.28 with and P/S ratio of 1.5. The dividend yield of Kraft Foods Group Inc stocks is 1.1%.

Reduced: Johnson & Johnson (JNJ)

Warren Buffett reduced to his holdings in Johnson & Johnson by 33.52%. His sale prices were between $67.97 and $72.52, with an estimated average price of $70.02. The impact to his portfolio due to this sale was -0.02%. Warren Buffett still held 327,100 shares as of 12/31/2012. Johnson & Johnson was incorporated in the State of New Jersey in 1887. Johnson & Johnson has a market cap of $210.48 billion; its shares were traded at around $75.81 with a P/E ratio of 24.8 and P/S ratio of 3.2. The dividend yield of Johnson & Johnson stocks is 3.2%. Johnson & Johnson had an annual average earnings growth of 7.6% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 3.5-star.

Here is the complete portfolio of Warren Buffett. Also check out:

1. Warren Buffett's Undervalued Stocks

2. Warren Buffett's Top Growth Companies, and

3. Warren Buffett's High Yield stocks


Rating: 2.0/5 (2 votes)

Comments

AlbertaSunwapta
AlbertaSunwapta - 1 year ago
So what's wrong with JNJ?

Please leave your comment:


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