Warren Buffett buys Burlington Northern Santa Fe Corp., Kraft Foods Inc., and IngersollRand Company Ltd., sells Ameriprise Financial Inc.

Author's Avatar
May 16, 2008
Article's Main Image
The long awaited new Warren Buffett portfolio is out. Although there were a lot of speculations, Warren Buffett did not buy any new stocks. These are the details. Warren Buffett owns 39 stocks with a total value of $66.5 billion.


Warren Buffett buys Burlington Northern Santa Fe Corp., Kraft Foods Inc., and IngersollRand Company Ltd., sells Ameriprise Financial Inc. during the 3-months ended 03/31/2008, according to the most recent filings of his investment company, Berkshire Hathaway. Warren Buffett owns 39 stocks with a total value of $66.5 billion. These are the details of the buys and sells.





Added Positions: BNI, IR, KFT,


Reduced Positions: IRM,


Sold Out: AMP,





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


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


Warren Buffett added to his holdings in Burlington Northern Santa Fe Corp. by 4.86%. His purchase prices were between $76.65 and $91.99, with an estimated average price of $85.9. The impact to his portfolio due to this purchase was 0.41%. His holdings were 63,785,418 shares as of 03/31/2008.


Burlington Northern Santa Fe Corporation, through its subsidiaries, engages primarily in the freight rail transportation business. It transports various products and commodities, including consumer, industrial, coal, and agricultural products. Burlington Northern Santa Fe Corp. has a market cap of $37.23 billion; its shares were traded at around $107.93 with a P/E ratio of 19.85 and P/S ratio of 2.25. The dividend yield of Burlington Northern Santa Fe Corp. stocks is 1.2%.


Added: Kraft Foods Inc. (KFT, Financial)


Warren Buffett added to his holdings in Kraft Foods Inc. by 4.44%. His purchase prices were between $28.56 and $31.66, with an estimated average price of $30.4. The impact to his portfolio due to this purchase was 0.27%. His holdings were 138,272,500 shares as of 03/31/2008.


Kraft Foods, Inc., together with its subsidiaries, engages in the manufacture and marketing of packaged foods and beverages worldwide. Its products include snacks, such as cookies, crackers, salted snacks, and chocolate confectionery; Kraft Foods Inc. has a market cap of $48.41 billion; its shares were traded at around $31.93 with a P/E ratio of 20.07 and P/S ratio of 1.23. The dividend yield of Kraft Foods Inc. stocks is 3.4%.


Added: IngersollRand Company Ltd. (IR, Financial)


Warren Buffett added to his holdings in IngersollRand Company Ltd. by 47.13%. His purchase prices were between $36.81 and $43.64, with an estimated average price of $40.4. The impact to his portfolio due to this purchase was 0.02%. His holdings were 936,600 shares as of 03/31/2008.


Ingersoll-Rand Company Limited, together with its subsidiaries, designs, manufactures, sells, and services a range of industrial and commercial products in the United States and internationally. IngersollRand Company Ltd. has a market cap of $12.36 billion; its shares were traded at around $44.74 with a P/E ratio of 3.26 and P/S ratio of 1.37. The dividend yield of IngersollRand Company Ltd. stocks is 1.7%.


Reduced: Iron Mountain Inc. (IRM, Financial)


Warren Buffett reduced to his holdings in Iron Mountain Inc. by 27.7%. His sale prices were between $24.63 and $35.3, with an estimated average price of $31.2. The impact to his portfolio due to this sale was 0.1%. Warren Buffett still held 3,372,200 shares as of 03/31/2008.


Iron Mountain Incorporated, together its subsidiaries, provides information protection and storage services. It offers various records management services, including records management program development and implementation; Iron Mountain Inc. has a market cap of $6.01 billion; its shares were traded at around $29.92 with a P/E ratio of 39.89 and P/S ratio of 2.11.


Sold Out: Ameriprise Financial Inc. (AMP, Financial)


Warren Buffett sold out his holdings in Ameriprise Financial Inc.. His sale prices were between $48.62 and $56.94, with an estimated average price of $51.5. The impact to his portfolio due to this sale was less than 0.01%.


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 $11.25 billion; its shares were traded at around $50.65 with a P/E ratio of 14.28 and P/S ratio of 1.26. The dividend yield of Ameriprise Financial Inc. stocks is 1.3%.