GuruFocus Premium Membership

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

Free Trial

Free 7-day Trial
All Articles and Columns »

Berkshire Hathaway Buys Republic Services Inc., Exxon Mobil Corp., The Travelers Companies Inc., Wells Fargo & Company, Walmart Stores Inc.

November 16, 2009 | About:
insider

The long awaited portfolio update of Warren Buffett is out today. His largest purchase in Q3: WalMart. He got into Republic Services Inc., a Bill Gates holding. These are the details.

Warren Buffett buys Republic Services Inc., Exxon Mobil Corp., The Travelers Companies Inc., sells Eaton Corp., Wabco Holdings Inc. during the 3-months ended 09/30/2009, according to the most recent filings of his investment company, Berkshire Hathaway. Warren Buffett owns 43 stocks with a total value of $56.5 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

This is the sector weightings of his portfolio:

Consumer Goods 36.4%
Financials 31.9%
Industrials 15.1%
Consumer Services 6.4%
Health Care 4.9%
Oil & Gas 4.7%
Utilities 0.6%


These are the top 5 holdings of Warren Buffett

  1. The CocaCola Company (KO) - 200,000,000 shares, 18.99% of the total portfolio
  2. Wells Fargo & Company (WFC) - 313,355,657 shares, 15.62% of the total portfolio
  3. Burlington Northern Santa Fe Corp. (BNI) - 76,777,029 shares, 10.84% of the total portfolio
  4. The Procter & Gamble Company (PG) - 96,316,010 shares, 9.87% of the total portfolio
  5. American Express Company (AXP) - 151,610,700 shares, 9.09% of the total portfolio


Added: Walmart Stores Inc. (WMT)

Warren Buffett added to his holdings in Walmart Stores Inc. by 89.71%. His purchase prices were between $47.57 and $51.88, with an estimated average price of $49.98. The impact to his portfolio due to this purchase was 1.55%. His holdings were 37,836,642 shares as of 09/30/2009.

Walmart Stores Inc. has a market cap of $205.03 billion; its shares were traded at around $53.16 with a P/E ratio of 15.1 and P/S ratio of 0.5. The dividend yield of Walmart Stores Inc. stocks is 2.1%. Walmart Stores Inc. had an annual average earning growth of 13.3% over the past 10 years. GuruFocus rated Walmart Stores Inc. the business predictability rank of 5-star.

Added: Wells Fargo & Company (WFC)

Warren Buffett added to his holdings in Wells Fargo & Company by 3.55%. His purchase prices were between $22.87 and $29.39, with an estimated average price of $26.42. The impact to his portfolio due to this purchase was 0.54%. His holdings were 313,355,657 shares as of 09/30/2009.

Wells Fargo & Company has a market cap of $131.79 billion; its shares were traded at around $28.21 with a P/E ratio of 29.4 and P/S ratio of 2.5. The dividend yield of Wells Fargo & Company stocks is 0.7%. Wells Fargo & Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Wells Fargo & Company the business predictability rank of 4-star.

New Purchase: Republic Services Inc. (RSG)

Warren Buffett initiated holdings in Republic Services Inc.. His purchase prices were between $23.41 and $27.3, with an estimated average price of $25.72. The impact to his portfolio due to this purchase was 0.17%. His holdings were 3,625,000 shares as of 09/30/2009.

Republic Services, Inc., is a leading provider of services in the domestic non-hazardous solid waste industry. They provide non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers through their collection companies. They also own or operate transfer stations and solid waste landfills. Republic Services Inc. has a market cap of $10.61 billion; its shares were traded at around $27.97 with a P/E ratio of 18 and P/S ratio of 2.9. The dividend yield of Republic Services Inc. stocks is 2.7%. Republic Services Inc. had an annual average earning growth of 11.6% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 5-star.

Republic Services, Inc. is a holding of Bill Gates. Is Warren Buffett getting ideas from Bill again? As we reported before, Burlington Northern (BNI) is an idea Buffett borrowed from Bill Gates’ Canadian National Railway (CNI). Buffett eventually buys the whole company.

New Purchase: Exxon Mobil Corp. (XOM)

Warren Buffett initiated holdings in Exxon Mobil Corp.. His purchase prices were between $65.12 and $72.75, with an estimated average price of $69.26. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,276,290 shares as of 09/30/2009.

Berkshire started to buy Exxon Mobil in the second quarter of 2009. Buffett kept this purchase confidential, after he bought more in the third quarter. Buffett did this before with his purchases of Burlington Northern (BNI), ConocoPhilips (COP). It is interesting that Buffett did not buy more COP, he bought into XOM instead.

Exxon Mobil Corp. has a market cap of $357.7 billion; its shares were traded at around $74.43 with a P/E ratio of 17.3 and P/S ratio of 0.7. The dividend yield of Exxon Mobil Corp. stocks is 2.3%. Exxon Mobil Corp. had an annual average earning growth of 16.8% over the past 10 years. GuruFocus rated Exxon Mobil Corp. the business predictability rank of 2.5-star.

New Purchase: The Travelers Companies Inc. (TRV)

Warren Buffett initiated holdings in The Travelers Companies Inc.. His purchase prices were between $39 and $50.42, with an estimated average price of $45.5. The impact to his portfolio due to this purchase was less than 0.01%. His holdings were 27,336 shares as of 09/30/2009.

St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services. Under the Travelers brand, the company is also a leading underwriter of homeowners and auto insurance through independent agents. The Travelers Companies Inc. has a market cap of $30.05 billion; its shares were traded at around $52.94 with a P/E ratio of 9.2 and P/S ratio of 1.2. The dividend yield of The Travelers Companies Inc. stocks is 2.3%. The Travelers Companies Inc. had an annual average earning growth of 55% over the past 5 years.

Sold Out: Eaton Corp. (ETN)

Warren Buffett sold out his holdings in Eaton Corp.. His sale prices were between $40.82 and $59.94, with an estimated average price of $52.3.

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 $10.93 billion; its shares were traded at around $65.99 with a P/E ratio of 28.7 and P/S ratio of 0.7. The dividend yield of Eaton Corp. stocks is 3%. Eaton Corp. had an annual average earning growth of 7.4% over the past 10 years.

Sold Out: Wabco Holdings Inc. (WBC)

Warren Buffett sold out his holdings in Wabco Holdings Inc.. His sale prices were between $16.47 and $21.67, with an estimated average price of $19.34.

WABCO is one of the world's leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. Wabco Holdings Inc. has a market cap of $1.6 billion; its shares were traded at around $24.99 with a P/E ratio of 37.9 and P/S ratio of 0.6.


Rating: 3.6/5 (10 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