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Articles (1325) 

Berkshire Hathaway Buys More IBM, Wells Fargo, Precision Castparts, Sells National Oilwell Varco, Bank Of New York Mellon, Charter Communications

Warren Buffett (Trades, Portfolio)’s investment company just released his first quarter portfolio. Warren Buffett (Trades, Portfolio) and his CIOs buys IBM, Wells Fargo, Precision Castparts, U.S. Bancorp, Phillips 66, Twenty-First Century Fox Inc, Deere & Co, sells National Oilwell Varco Inc, Bank of New York Mellon Corp, Charter Communications Inc, Viacom Inc, Liberty Global PLC, Wabco Holdings Inc, MasterCard Inc, Visa Inc during the 3-months ended , according to the most recent filings of his investment company, Berkshire Hathaway. As of 2015-03-31, Berkshire Hathaway owns 47 stocks with a total value of $107.1 billion. These are the details of the buys and sells.

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


These are the top 5 holdings of Warren Buffett (Trades, Portfolio)

  1. Wells Fargo & Co (WFC) - 470,292,359 shares, 23.88% of the total portfolio. Shares added by 1.47%
  2. Coca-Cola Co (KO) - 400,000,000 shares, 15.14% of the total portfolio.
  3. International Business Machines Corp (IBM) - 79,565,115 shares, 11.92% of the total portfolio. Shares added by 3.37%
  4. American Express Co (AXP) - 151,610,700 shares, 11.06% of the total portfolio.
  5. Wal-Mart Stores Inc (WMT) - 60,385,293 shares, 4.64% of the total portfolio.

Added: International Business Machines Corp (NYSE:IBM)

Warren Buffett added to his holdings in International Business Machines Corp by 3.37%. His purchase prices were between $151.55 and $164.83, with an estimated average price of $158.65. The stock is now traded at around $173.26. The impact to his portfolio due to this purchase was 0.39%. His holdings were 79,565,115 shares as of 2015-03-31.

Added: Wells Fargo & Co (NYSE:WFC)

Warren Buffett added to his holdings in Wells Fargo & Co by 1.47%. His purchase prices were between $50.72 and $56.17, with an estimated average price of $54.04. The stock is now traded at around $55.52. The impact to his portfolio due to this purchase was 0.35%. His holdings were 470,292,359 shares as of 2015-03-31.

Added: Precision Castparts Corp (NYSE:PCP)

Warren Buffett added to his holdings in Precision Castparts Corp by 47.21%. His purchase prices were between $199.63 and $238.44, with an estimated average price of $212.18. The stock is now traded at around $215.49. The impact to his portfolio due to this purchase was 0.26%. His holdings were 4,200,792 shares as of 2015-03-31.

Added: U.S. Bancorp (NYSE:USB)

Warren Buffett added to his holdings in U.S. Bancorp by 4.59%. His purchase prices were between $40.94 and $45.12, with an estimated average price of $43.79. The stock is now traded at around $43.93. The impact to his portfolio due to this purchase was 0.15%. His holdings were 83,773,390 shares as of 2015-03-31.

Added: Phillips 66 (NYSE:PSX)

Warren Buffett added to his holdings in Phillips 66 by 14.19%. His purchase prices were between $59.09 and $80.06, with an estimated average price of $73.4. The stock is now traded at around $81.05. The impact to his portfolio due to this purchase was 0.07%. His holdings were 7,499,450 shares as of 2015-03-31.

Added: Twenty-First Century Fox Inc (NASDAQ:FOXA)

Warren Buffett added to his holdings in Twenty-First Century Fox Inc by 31.19%. His purchase prices were between $32.8 and $37.85, with an estimated average price of $34.7. The stock is now traded at around $33.99. The impact to his portfolio due to this purchase was 0.05%. His holdings were 6,228,097 shares as of 2015-03-31.

Added: Deere & Co (NYSE:DE)

Warren Buffett added to his holdings in Deere & Co by 1.25%. His purchase prices were between $84.58 and $92.75, with an estimated average price of $88.73. The stock is now traded at around $89.13. The impact to his portfolio due to this purchase was 0.02%. His holdings were 17,310,090 shares as of 2015-03-31.

Reduced: National Oilwell Varco Inc (NYSE:NOV)

Warren Buffett reduced to his holdings in National Oilwell Varco Inc by 62.37%. His sale prices were between $47.46 and $65.49, with an estimated average price of $54.23. The stock is now traded at around $51.27. The impact to his portfolio due to this sale was -0.2%. Warren Buffett still held 1,978,895 shares as of 2015-03-31.

Reduced: Bank of New York Mellon Corp (NYSE:BK)

Warren Buffett reduced to his holdings in Bank of New York Mellon Corp by 6.05%. His sale prices were between $35.66 and $41.14, with an estimated average price of $38.95. The stock is now traded at around $43.09. The impact to his portfolio due to this sale was -0.05%. Warren Buffett still held 20,680,420 shares as of 2015-03-31.

Reduced: Charter Communications Inc (NASDAQ:CHTR)

Warren Buffett reduced to his holdings in Charter Communications Inc by 3.53%. His sale prices were between $150.6 and $193.46, with an estimated average price of $173.37. The stock is now traded at around $181.20. The impact to his portfolio due to this sale was -0.03%. Warren Buffett still held 5,979,136 shares as of 2015-03-31.

Reduced: Viacom Inc (NASDAQ:VIAB)

Warren Buffett reduced to his holdings in Viacom Inc by 4.27%. His sale prices were between $64.42 and $75.4, with an estimated average price of $69.04. The stock is now traded at around $65.57. The impact to his portfolio due to this sale was -0.03%. Warren Buffett still held 8,265,079 shares as of 2015-03-31.

Reduced: Liberty Global PLC (NASDAQ:LBTYA)

Warren Buffett reduced to his holdings in Liberty Global PLC by 4.38%. His sale prices were between $46.4 and $55.63, with an estimated average price of $50.6. The stock is now traded at around $51.61. The impact to his portfolio due to this sale was -0.02%. Warren Buffett still held 10,342,793 shares as of 2015-03-31.

Reduced: Wabco Holdings Inc (WBC)

Warren Buffett reduced to his holdings in Wabco Holdings Inc by 5.23%. His sale prices were between $94.54 and $122.88, with an estimated average price of $108.69. The stock is now traded at around $129.22. The impact to his portfolio due to this sale was -0.02%. Warren Buffett still held 3,863,195 shares as of 2015-03-31.

Reduced: MasterCard Inc (MA)

Warren Buffett reduced to his holdings in MasterCard Inc by 3.15%. His sale prices were between $80.74 and $92.81, with an estimated average price of $86.75. The stock is now traded at around $93.22. The impact to his portfolio due to this sale was -0.01%. Warren Buffett still held 5,229,756 shares as of 2015-03-31.

Reduced: Visa Inc (V)

Warren Buffett reduced to his holdings in Visa Inc by 1.51%. His sale prices were between $61.59 and $69.57, with an estimated average price of $66.12. The stock is now traded at around $69.57. The impact to his portfolio due to this sale was -0.01%. Warren Buffett still held 9,885,160 shares as of 2015-03-31. 


Rating: 4.0/5 (1 vote)

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Comments

vgm
Vgm - 3 years ago    Report SPAM
That's now a really significant holding in PCP for Berkshire. Presumably a Todd/Ted buy.

Jeff Ubben (Trades, Portfolio), Lou Simpson (Trades, Portfolio) and Dan Loeb initiated new positions in PCP:

http://www.bloomberg.com/news/articles/2015-05-15/valueact-ex-buffett-manager-buy-precision-castpart-stock?cmpid=yhoo

Gold rush!

vgm
Vgm - 3 years ago    Report SPAM

The percentages you quote in many of those Berkshire stock reductions are fractions of a percent. If those are correct figures, they hardly qualify as 'sells' or 'reductions'.

Omar Venerio
Omar Venerio premium member - 3 years ago

I think it depends on the amounts behind. Something very little applied to something big, means lot of dollars.

vgm
Vgm - 3 years ago    Report SPAM

Ovenerio, thanks. You're right, but my point is really about what such minute percentages mean for sentiment around the stock: for example, selling 0.15% of the Visa holding would suggest whoever is selling still has full confidence in the stock holding. So the use of the word "sells" in the title of the article is to me misleading. It implies there has been a significant reduction.

PS As usual, 'Buffett' should be replaced by 'Berkshire' for many of these transactions, since most of them involve Todd or Ted.

snowballbuilder
Snowballbuilder - 3 years ago    Report SPAM

These are the top 5 holdings of Warren Buffett (Trades, Portfolio)

1. Wells Fargo & Co (WFC) - 470,292,359 shares, 23.88% of the total portfolio. Shares added by 1.47%

2. International Business Machines Corp (IBM) - 79,565,115 shares, 11.92% of the total portfolio. Shares added by 3.37%

3. U.S. Bancorp (USB) - 83,773,390 shares, 3.41% of the total portfolio. Shares added by 4.59%

4. Deere & Co (DE) - 17,310,090 shares, 1.42% of the total portfolio. Shares added by 1.25%

5. Charter Communications Inc (CHTR) - 5,979,136 shares, 1.08% of the total portfolio. Shares reduced by 3.53%

IS NOT TRUE. THE TOP FIVE POSITIONS OF BERKSHIRE ARE: WFC, KO, IBM, AXP, WMT.

How can you write an article with this kind of errors ?

vgm
Vgm - 3 years ago    Report SPAM

"...reduced...holdings in National Oilwell Varco Inc by 2.37%."

According to various other sources, NOV was reduced from 5.3M shares to 1.98M in the quarter. That's more than a 60% reduction.

In conjunction with Snowballbuilder's comments above, I might suggest a complete revision of this article. Thanks.

gurufocus
Gurufocus premium member - 3 years ago

@Snowballbuilder @Vgm corrected.

LwC
LwC - 3 years ago    Report SPAM

I note in the article that BRK increased its holdings in PSX. Interestingly PSX was a long position recommended at the Sohn Investment Conference by Daniel Dreyfus of 3G Capital. I haven't been able to find a detailed review of Dreyfus' presentation. Anybody know where to find one?

vgm
Vgm - 3 years ago    Report SPAM
aditm
Aditm - 3 years ago    Report SPAM

ok

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