Warren Buffett Buys Kraft Foods Inc., GlaxoSmithKline plc, Sells Iron Mountain Inc., Ameriprise Financial Inc.

Author's Avatar
Feb 14, 2008
What did Warren Buffett buy during the fourth quarter? We are having a contest for this. Here is the answer. As of Dec. 31, 2007, Buffett owns 40 stocks with a total value of $68.8 billion


Warren Buffett buys Kraft Foods Inc., TRANE INC COM, GlaxoSmithKline plc, adds to Burlington Northern Santa Fe Corp, Wells Fargo & Company and CarMax Inc., sells American Standard Companies Inc., during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, Berkshire Hathaway. Warren Buffett owns 40 stocks with a total value of $68.8 billion. These are the details of the buys and sells.





New Purchases: GSK, KFT,


Added Positions: BNI, KMX, WFC, BNI, BNI,


Reduced Positions: AMP, IRM,


Sold Out: ASD, DJ,





Added: Burlington Northern Santa Fe Corp. (BNI, Financial)


Warren Buffett added to his holdings in Burlington Northern Santa Fe Corp. by 14.81%. His purchase prices were between $82.15 and $86.72, with an estimated average price of $84.2. The impact to his portfolio due to this purchase was 0.95%. His holdings were 60,828,818 shares as of 12/31/2007.


Burlington Northern Santa Fe Corporation, through its subsidiaries, provides freight rail transportation services in North America. The company transports various products and commodities, including consumer, industrial, coal, and agricultural product. Burlington Northern Santa Fe Corp. has a market cap of $30.98 billion; its shares were traded at around $90.12 with a P/E ratio of 17.48 and P/S ratio of 1.98. The dividend yield of Burlington Northern Santa Fe Corp. stocks is 1.6%.


Added: Wells Fargo & Company (WFC, Financial)


Warren Buffett added to his holdings in Wells Fargo & Company by 3.43%. His purchase prices were between $29.76 and $35.34, with an estimated average price of $31.6. The impact to his portfolio due to this purchase was 0.42%. His holdings were 289,259,868 shares as of 12/31/2007.


Wells Fargo & Company, through its subsidiaries, provides banking and financial products and services in the United States. The company operates in three segments: Community Banking, Wholesale Banking, and Wells Fargo Financial. Wells Fargo & Company has a market cap of $97.56 billion; its shares were traded at around $30.47 with a P/E ratio of 12.42 and P/S ratio of 2.92. The dividend yield of Wells Fargo & Company stocks is 4%.


Added: CarMax Inc. (KMX, Financial)


Warren Buffett added to his holdings in CarMax Inc. by 50.2%. His purchase prices were between $19.05 and $22.87, with an estimated average price of $20.8. The impact to his portfolio due to this purchase was 0.2%. His holdings were 21,000,000 shares as of 12/31/2007.


CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company purchases, reconditions, and sells used vehicles. CarMax Inc. has a market cap of $4.12 billion; its shares were traded at around $19.29 with a P/E ratio of 20.51 and P/S ratio of 0.52.


New Purchase: Kraft Foods Inc. (KFT, Financial)


Warren Buffett initiated holdings in Kraft Foods Inc.. His purchase prices were between $32.24 and $34.4, with an estimated average price of $33.1. The impact to his portfolio due to this purchase was 6.28%. His holdings were 132,393,800 shares as of 12/31/2007.


Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $44.9 billion; its shares were traded at around $29.56 with a P/E ratio of 18.04 and P/S ratio of 1.22. The dividend yield of Kraft Foods Inc. stocks is 3.6%.



New Purchase: GlaxoSmithKline plc (GSK, Financial)


Warren Buffett initiated holdings in GlaxoSmithKline plc. His purchase prices were between $48.25 and $52.51, with an estimated average price of $50.3. The impact to his portfolio due to this purchase was 0.11%. His holdings were 1,510,500 shares as of 12/31/2007.


GlaxoSmithKline plc, together with its subsidiaries, engages in the creation, discovery, development, manufacture, and marketing of pharmaceutical and consumer health-related products. GlaxoSmithKline plc has a market cap of $116.42 billion; its shares were traded at around $43.66 with a P/E ratio of 11.77 and P/S ratio of 2.63. The dividend yield of GlaxoSmithKline plc stocks is 4.5%.


Reduced: Iron Mountain Inc. (IRM, Financial)


Warren Buffett reduced to his holdings in Iron Mountain Inc. by 48.45%. His sale prices were between $31.56 and $37.29, with an estimated average price of $35.2. The impact to his portfolio due to this sale was 0.17%. Warren Buffett still held 4,663,900 shares as of 12/31/2007.


Iron Mountain Incorporated, together its subsidiaries, provides information protection and storage services in North America, South America, Canada, Australia, New Zealand, Mexico, Europe, Latin America, and the Asia Pacific. Iron Mountain Inc. has a market cap of $7.03 billion; its shares were traded at around $34.78 with a P/E ratio of 43.57 and P/S ratio of 2.67.


Reduced: Ameriprise Financial Inc. (AMP, Financial)


Warren Buffett reduced to his holdings in Ameriprise Financial Inc. by 54.32%. His sale prices were between $54.28 and $65.89, with an estimated average price of $58.9. The impact to his portfolio due to this sale was 0.03%. Warren Buffett still held 661,742 shares as of 12/31/2007.


Ameriprise Financial, Inc. provides financial planning, asset management, and insurance services to individuals, businesses, and institutions. It operates through two segments, Asset Accumulation and Income, and Protection. Ameriprise Financial Inc. has a market cap of $11.74 billion; its shares were traded at around $52.7 with a P/E ratio of 15.20 and P/S ratio of 1.35. The dividend yield of Ameriprise Financial Inc. stocks is 1.2%.