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Berkshire Hathaway Buys Becton Dickinson, Johnson & Johnson, Sells Constellation Energy Group Inc., Eaton Corp. and The Home Depot Inc.

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The long awaited Q2 portfolio of Warren Buffett is out today, it turns out that he did not buy a lot of stocks. He is short of cash. But he still bought some Johnson & Johnson, which he likes and had to sell some to raise cash. He did sell some of his holdings, including the reported Moody's Corp. and Constellation Energy Group Inc. This is his Q2 portfolio update.

Warren Buffett buys Becton Dickinson and Company, sells Constellation Energy Group Inc. during the 3-months ended 06/30/2009, according to the most recent filings of his investment company, Berkshire Hathaway. Warren Buffett owns 41 stocks with a total value of $49 billion. These are the details of the buys and sells.

New Purchases: BDX,

Added Positions: JNJ,

Reduced Positions: ETN, HD, KMX, UNH, WLP, MCO,

Sold Out: CEG,

For the details of Warren Buffett's stock buys and sells, go to the Link Here

This is the sector weightings of Warren Buffett's portfolio:

Financials 29.3% 29.3%
Utilities 0.7% 0.7%
Consumer Services 4.7% 4.7%
Health Care 5.3% 5.3%
Consumer Goods 37.7% 37.7%
Industrials 16.7% 16.7%
Oil & Gas 5.5% 5.5%


These are the top 5 holdings of Warren Buffett

  1. The CocaCola Company (KO) - 200,000,000 shares, 19.61% of the total portfolio
  2. Wells Fargo & Company (WFC) - 302,609,212 shares, 15% of the total portfolio
  3. Burlington Northern Santa Fe Corp. (BNI) - 76,777,029 shares, 11.53% of the total portfolio
  4. The Procter & Gamble Company (PG) - 96,316,010 shares, 10.05% of the total portfolio
  5. American Express Company (AXP) - 151,610,700 shares, 7.2% of the total portfolio


Added: Johnson & Johnson (JNJ)

Warren Buffett added to his holdings in Johnson & Johnson by 13.55%. His purchase prices were between $50.47 and $56.6, with an estimated average price of $54.2. The impact to his portfolio due to this purchase was 0.51%. His holdings were 36,914,633 shares as of 06/30/2009.

Johnson & Johnson is engaged in the manufacture and sale of a broad range of products in the health care field in many countries of the world. The company's worldwide business is divided into three segments: Consumer; Pharmaceutical; and Professional. Johnson & Johnson has a market cap of $165.56 billion; its shares were traded at around $60.08 with a P/E ratio of 13.2 and P/S ratio of 2.6. The dividend yield of Johnson & Johnson stocks is 3.2%. Johnson & Johnson had an annual average earning growth of 12.5% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.

New Purchase: Becton Dickinson and Company (BDX)

Warren Buffett initiated holdings in Becton Dickinson and Company. His purchase prices were between $60.88 and $70.94, with an estimated average price of $66.2. The impact to his portfolio due to this purchase was 0.17%. His holdings were 1,200,000 shares as of 06/30/2009.

Becton Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies devices and systems used by health care professionals medical research institutions and the general public. BD's operations consist of three worldwide business segments: Medical Systems Biosciences and Preanalytical Solutions. Becton Dickinson and Company has a market cap of $15.9 billion; its shares were traded at around $66.39 with a P/E ratio of 13.7 and P/S ratio of 2.2. The dividend yield of Becton Dickinson and Company stocks is 2%. Becton Dickinson and Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Becton Dickinson and Company the business predictability rank of 4-star.

Reduced: The Home Depot Inc. (HD)

Warren Buffett reduced to his holdings in The Home Depot Inc. by 25.46%. His sale prices were between $22.65 and $26.07, with an estimated average price of $24.5. The impact to his portfolio due to this sale was -0.03%. Warren Buffett still held 2,757,898 shares as of 06/30/2009.

Home Depot is the one of world's largest home improvement retailer. The company offers a level of service unprecedented among warehouse-style retailers. Home Depot stores cater to do-it-yourselfers as well as home improvement construction and building maintenance professionals. The Home Depot currently operates in the USA Canada Chile Puerto Rico and Argentina. The company also operates EXPO Design Centers across the U.S. and Villager's Hardware in New Jersey. The Home Depot Inc. has a market cap of $46.23 billion; its shares were traded at around $27.14 with a P/E ratio of 16 and P/S ratio of 0.6. The dividend yield of The Home Depot Inc. stocks is 3.3%. The Home Depot Inc. had an annual average earning growth of 19.5% over the past 10 years. GuruFocus rated The Home Depot Inc. the business predictability rank of 5-star.

Reduced: UnitedHealth Group Inc. (UNH)

Warren Buffett reduced to his holdings in UnitedHealth Group Inc. by 24.44%. His sale prices were between $22.97 and $28.87, with an estimated average price of $25.4. The impact to his portfolio due to this sale was -0.04%. Warren Buffett still held 3,400,000 shares as of 06/30/2009.

UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. The company's products and services reflect a number of core capabilities including medical information management health benefit administration care coordination risk assessment and pricing health benefit design and provider contracting. With these capabilities it is able to provide comprehensive health care management services through organized health systems and insurance products. UnitedHealth Group Inc. has a market cap of $33.38 billion; its shares were traded at around $28.06 with a P/E ratio of 9.2 and P/S ratio of 0.4. The dividend yield of UnitedHealth Group Inc. stocks is 0.1%. UnitedHealth Group Inc. had an annual average earning growth of 30.4% over the past 10 years. GuruFocus rated UnitedHealth Group Inc. the business predictability rank of 5-star.

Reduced: Eaton Corp. (ETN)

Warren Buffett reduced to his holdings in Eaton Corp. by 37.5%. His sale prices were between $42.91 and $48.7, with an estimated average price of $44.8. The impact to his portfolio due to this sale was -0.07%. Warren Buffett still held 2,000,000 shares as of 06/30/2009.

Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems electrical power quality and controls automotive air management and fuel economy and intelligent truck components for fuel economy and safety. Eaton Corp. has a market cap of $8.96 billion; its shares were traded at around $54.11 with a P/E ratio of 17.8 and P/S ratio of 0.6. The dividend yield of Eaton Corp. stocks is 3.8%. Eaton Corp. had an annual average earning growth of 7.4% over the past 10 years.

Reduced: CarMax Inc. (KMX)

Warren Buffett reduced to his holdings in CarMax Inc. by 25%. His sale prices were between $9.91 and $15.31, with an estimated average price of $12.6. The impact to his portfolio due to this sale was -0.07%. Warren Buffett still held 9,000,000 shares as of 06/30/2009.

CarMax Group is a subsidiary of Circuit City Stores Inc. The company is one of the nation's largest retailers of brand-name consumer electronics and major appliances and a leading retailer of personal computers and music software. The company is adding value to this industry with a consumer offer that includes extraordinary selection; everyday low prices marked clearly on every car; quality gaurantees; and exceptional customer service. (PRESS RELEASE) CarMax Inc. has a market cap of $3.67 billion; its shares were traded at around $16.67 with a P/E ratio of 69.4 and P/S ratio of 0.5. CarMax Inc. had an annual average earning growth of 21.9% over the past 5 years.

Reduced: WellPoint Inc. (WLP)

Warren Buffett reduced to his holdings in WellPoint Inc. by 26.74%. His sale prices were between $40.34 and $51.34, with an estimated average price of $45.8. The impact to his portfolio due to this sale was -0.1%. Warren Buffett still held 3,500,000 shares as of 06/30/2009.

WellPoint Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. WellPoint Inc. is an independent licensee of the Blue Cross and Blue Shield Association and serves its members as the Blue Cross licensee for California; the Blue Cross and Blue Shield licensee for Colorado Connecticut Georgia Indiana Kentucky Maine Missouri Nevada New Hampshire Ohio Virginia (excluding the Northern Virginia suburbs of Washington D.C.) Wisconsin; and through HealthLink and UniCare. WellPoint Inc. has a market cap of $25.29 billion; its shares were traded at around $52.19 with a P/E ratio of 8.7 and P/S ratio of 0.4. WellPoint Inc. had an annual average earning growth of 20.8% over the past 5 years.

Sold Out: Constellation Energy Group Inc. (CEG)

Warren Buffett sold out his holdings in Constellation Energy Group Inc.. His sale prices were between $22.7 and $27.23, with an estimated average price of $25.3. The impact to his portfolio due to this sale was less than 0.01%.

Baltimore Gas and Electric Company consists primarily of generating purchasing and selling electricity and purchasing transporting and selling natural gas. Constellation Energy Group Inc. has a market cap of $5.8 billion; its shares were traded at around $29.1 with a P/E ratio of 11.1 and P/S ratio of 0.3. The dividend yield of Constellation Energy Group Inc. stocks is 3.2%. Constellation Energy Group Inc. had an annual average earning growth of 4% over the past 10 years. GuruFocus rated Constellation Energy Group Inc. the business predictability rank of 2.5-star.

Reduced: Moody's Corp. (MCO)

Warren Buffett reduced to his holdings in Moody's Corp. by 20%. The impact to his portfolio due to this sale was 2.6%. Warren Buffett still held 40,013,700 shares as of 06/30/2009.

Moody's Corporation is the parent company of Moody's Investors Service a leading provider of credit ratings research and analysis covering debt instruments and securities in the global capital markets Moody's KMV a leading provider of credit risk processing and credit risk management products for banks and investors in credit-sensitive assets serving the world's largest financial institutions Moody's Economy.com a provider of economic research and data services and Moody's Wall Street Analytics a provider of software tools and analysis for the structured finance industry. Moody's Corp. has a market cap of $5.78 billion; its shares were traded at around $24.52 with a P/E ratio of 14.8 and P/S ratio of 3.4. The dividend yield of Moody's Corp. stocks is 1.6%.


Rating: 3.6/5 (24 votes)

Comments

softdude2000
Softdude2000 - 5 years ago
Does it mean WEB finally stopped selling COP (for now)? Anyone know how many shares he has to sell to fufil taxes issue?

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