GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Former Warren Buffett CIO Lou Simpson Buys Berkshire Hathaway, Wells Fargo, U.S. Bancorp, Oracle, Crown Holdings

Former Warren Buffett (Trades, Portfolio) CIO Lou Simpson (Trades, Portfolio) Buys Berkshire Hathaway, Wells Fargo, U.S. Bancorp, Oracle, Crown Holdings

Former Warren Buffett (Trades, Portfolio) CIO Lou Simpson (Trades, Portfolio) just reported his second quarter holdings. Mr. Simpson managed the investment portfolio of GEICO for many years before started his own shop SA Advisors. Warren Buffett (Trades, Portfolio) spoke highly about him many times. He buys Berkshire Hathaway Inc, Wells Fargo & Co, U.S. Bancorp, Oracle Corporation, Crown Holdings Inc, Brookfield Asset Management Inc, United Parcel Service Inc (UPS), Charles Schwab Corp during the 3-months ended 06/30/2014, according to the most recent filings of his investment company, SQ Advisors, LLC. As of 06/30/2014, SQ Advisors, LLC owns 13 stocks with a total value of $2.5 billion. These are the details of the buys and sells.

For the details of Lou Simpson (Trades, Portfolio)'s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Lou+Simpson

This is the sector weightings of his portfolio:




Financial Services



44.3%



Technology



16.5%



Industrials



11%



Healthcare



8.2%



Consumer Cyclical



7.6%



Real Estate



6.8%



Communication Services



5.7%



These are the top 5 holdings of Lou Simpson (Trades, Portfolio)



1. Wells Fargo & Co (WFC) - 5,654,012 shares, 12.1% of the total portfolio. Shares added by 4.48%

2. Berkshire Hathaway Inc (BRK.B) - 2,180,950 shares, 11.3% of the total portfolio. Shares added by 5.48%

3. Oracle Corporation (ORCL) - 6,708,783 shares, 11.1% of the total portfolio. Shares added by 4.07%

4. United Parcel Service Inc (UPS) (UPS) - 2,625,929 shares, 11.0% of the total portfolio. Shares added by 2.29%

5. U.S. Bancorp (USB) - 4,777,853 shares, 8.4% of the total portfolio. Shares added by 6.46%





Added: Berkshire Hathaway Inc (BRK.B)

Lou Simpson (Trades, Portfolio) added to his holdings in Berkshire Hathaway Inc by 5.48%. His purchase prices were between $121.7 and $129.06, with an estimated average price of $126.57. The impact to his portfolio due to this purchase was 0.59%. His holdings were 2,180,950 shares as of 06/30/2014. Berkshire Hathaway Inc is domiciled in the state of Delaware. Berkshire Hathaway Inc has a market cap of $313.46 billion; its shares were traded at around $134.26 with a P/E ratio of 14.70 and P/S ratio of 1.70. Berkshire Hathaway Inc had an annual average earnings growth of 9.20% over the past 10 years. GuruFocus rated Berkshire Hathaway Inc the business predictability rank of 3-star.



Added: Wells Fargo & Co (WFC)

Lou Simpson (Trades, Portfolio) added to his holdings in Wells Fargo & Co by 4.48%. His purchase prices were between $47.71 and $52.98, with an estimated average price of $50.23. The impact to his portfolio due to this purchase was 0.52%. His holdings were 5,654,012 shares as of 06/30/2014. Wells Fargo & Co 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 $262.22 billion; its shares were traded at around $50.23 with a P/E ratio of 12.50 and P/S ratio of 3.30. The dividend yield of Wells Fargo & Co stocks is 2.60%. Wells Fargo & Co had an annual average earnings growth of 4.60% over the past 10 years.



Added: U.S. Bancorp (USB)

Lou Simpson (Trades, Portfolio) added to his holdings in U.S. Bancorp by 6.46%. His purchase prices were between $40.15 and $43.82, with an estimated average price of $41.71. The impact to his portfolio due to this purchase was 0.51%. His holdings were 4,777,853 shares as of 06/30/2014. U.S. Bancorp was incorporated in Delaware in 1929. It is a multi-state financial services holding company headquartered in Minneapolis, Minnesota. U.s. Bancorp has a market cap of $74.78 billion; its shares were traded at around $41.50 with a P/E ratio of 13.70 and P/S ratio of 3.90. The dividend yield of U.s. Bancorp stocks is 2.20%. U.s. Bancorp had an annual average earnings growth of 26.90% over the past 5 years.



Added: Oracle Corporation (ORCL)

Lou Simpson (Trades, Portfolio) added to his holdings in Oracle Corporation by 4.07%. His purchase prices were between $38.98 and $42.81, with an estimated average price of $41.16. The impact to his portfolio due to this purchase was 0.43%. His holdings were 6,708,783 shares as of 06/30/2014. Oracle Corporation was incorporated in 2005 as a Delaware corporation and is the successor to operations originally begun in June 1977. Oracle Corporation has a market cap of $178.69 billion; its shares were traded at around $40.11 with a P/E ratio of 16.70 and P/S ratio of 4.80. The dividend yield of Oracle Corporation stocks is 1.20%. Oracle Corporation had an annual average earnings growth of 17.90% over the past 10 years. GuruFocus rated Oracle Corporation the business predictability rank of 4.5-star.



Added: Crown Holdings Inc (CCK)

Lou Simpson (Trades, Portfolio) added to his holdings in Crown Holdings Inc by 5.84%. His purchase prices were between $44.19 and $50.68, with an estimated average price of $47.94. The impact to his portfolio due to this purchase was 0.42%. His holdings were 3,763,275 shares as of 06/30/2014. Crown Holdings, Inc. designs, manufactures and sells packaging products for consumer goods. Crown Holdings Inc has a market cap of $6.43 billion; its shares were traded at around $46.30 with a P/E ratio of 23.00 and P/S ratio of 0.70. Crown Holdings Inc had an annual average earnings growth of 10.90% over the past 10 years. GuruFocus rated Crown Holdings Inc the business predictability rank of 3-star.



Added: Brookfield Asset Management Inc (BAM)

Lou Simpson (Trades, Portfolio) added to his holdings in Brookfield Asset Management Inc by 5.44%. His purchase prices were between $40.84 and $44.51, with an estimated average price of $42.71. The impact to his portfolio due to this purchase was 0.35%. His holdings were 3,788,811 shares as of 06/30/2014. Brookfield Asset Management, Inc, a Canadian corporation was formed on August 1, 1997. Brookfield Asset Management Inc has a market cap of $29.01 billion; its shares were traded at around $47.11 with a P/E ratio of 14.70 and P/S ratio of 1.50. The dividend yield of Brookfield Asset Management Inc stocks is 1.40%. Brookfield Asset Management Inc had an annual average earnings growth of 11.90% over the past 10 years. GuruFocus rated Brookfield Asset Management Inc the business predictability rank of 2.5-star.



Added: United Parcel Service Inc (UPS) (UPS)

Lou Simpson (Trades, Portfolio) added to his holdings in United Parcel Service Inc (UPS) by 2.29%. His purchase prices were between $95.78 and $104.08, with an estimated average price of $100.38. The impact to his portfolio due to this purchase was 0.25%. His holdings were 2,625,929 shares as of 06/30/2014. United Parcel Service, Inc. was incorporated in Delaware. United Parcel Service Inc (ups) has a market cap of $87.56 billion; its shares were traded at around $95.85 with a P/E ratio of 24.70 and P/S ratio of 1.60. The dividend yield of United Parcel Service Inc (ups) stocks is 2.70%. United Parcel Service Inc (ups) had an annual average earnings growth of 1.60% over the past 10 years.



Added: Charles Schwab Corp (SCHW)

Lou Simpson (Trades, Portfolio) added to his holdings in Charles Schwab Corp by 3.37%. His purchase prices were between $24.81 and $27.9, with an estimated average price of $26.24. The impact to his portfolio due to this purchase was 0.22%. His holdings were 6,272,954 shares as of 06/30/2014. Charles Schwab Corp was incorporated in Delaware in 1986. Charles Schwab Corp has a market cap of $35.95 billion; its shares were traded at around $27.58 with a P/E ratio of 30.20 and P/S ratio of 6.30. The dividend yield of Charles Schwab Corp stocks is 0.90%. Charles Schwab Corp had an annual average earnings growth of 3.40% over the past 10 years.



About the author:


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK