Warren Buffett's Berkshire Hathaway Buys JPMorgan Chase & Co, Amazon.com Inc, Delta Air Lines Inc, Sells Wells Fargo & Co, Phillips 66, Charter Communications Inc

This is the Q1 portfolio update of Berkshire Hathaway

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May 20, 2019
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Warren Buffett (Trades, Portfolio)’s investment company Berkshire Hathaway buys JPMorgan Chase & Co, Amazon.com Inc, Delta Air Lines Inc, Red Hat Inc, PNC Financial Services Group Inc, sells Wells Fargo & Co, Phillips 66, Charter Communications Inc, Southwest Airlines Co, Verizon Communications Inc during the 3-months ended 2019Q1, according to the most recent filings of his investment company, Berkshire Hathaway. As of 2019Q1, Berkshire Hathaway owns 48 stocks with a total value of $199.5 billion. These are the details of the buys and sells.

For the details of Berkshire Hathaway's stock buys and sells, go to https://www.gurufocus.com/guru/warren+buffett/current-portfolio/portfolio


These are the top 5 holdings of Berkshire Hathaway
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1. Apple Inc (AAPL) - 249,589,329 shares, 23.77% of the total portfolio.

2. Bank of America Corporation (BAC) - 896,167,600 shares, 12.39% of the total portfolio.

3. Wells Fargo & Co (WFC) - 409,803,773 shares, 9.93% of the total portfolio. Shares reduced by 3.98%

4. Coca-Cola Co (KO) - 400,000,000 shares, 9.40% of the total portfolio.

5. American Express Co (AXP) - 151,610,700 shares, 8.31% of the total portfolio.

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New Purchase: Amazon.com Inc (AMZN, Financial)

Berkshire Hathaway initiated holdings in Amazon.com Inc. His purchase prices were between $1500.28 and $1819.26, with an estimated average price of $1661.42. The stock is now traded at around $1869.00. The impact to his portfolio due to this purchase was 0.43%. His holdings were 483,300 shares as of the end of 2019Q1.

Sold Out: Verizon Communications Inc (VZ, Financial)

Berkshire Hathaway sold out his holdings in Verizon Communications Inc. His sale prices were between $53.28 and $60.88, with an estimated average price of $56.61.

Added: JPMorgan Chase & Co (JPM, Financial)

Berkshire Hathaway added to his holdings in JPMorgan Chase & Co by 18.75%. His purchase prices were between $97.11 and $107.19, with an estimated average price of $103. The stock is now traded at around $110.77. The impact to his portfolio due to this purchase was 0.48%. His holdings were 59,514,932 shares as of the end of 2019Q1.

Added: Delta Air Lines Inc (DAL, Financial)

Berkshire Hathaway added to his holdings in Delta Air Lines Inc by 8.20%. His purchase prices were between $45.61 and $51.82, with an estimated average price of $49.61. The stock is now traded at around $54.89. The impact to his portfolio due to this purchase was 0.14%. His holdings were 70,910,456 shares as of the end of 2019Q1.

Added: Red Hat Inc (RHT, Financial)

Berkshire Hathaway added to his holdings in Red Hat Inc by 22.38%. His purchase prices were between $173.96 and $182.9, with an estimated average price of $179.17. The stock is now traded at around $185.51. The impact to his portfolio due to this purchase was 0.09%. His holdings were 5,110,471 shares as of the end of 2019Q1.

Added: PNC Financial Services Group Inc (PNC, Financial)

Berkshire Hathaway added to his holdings in PNC Financial Services Group Inc by 4.94%. His purchase prices were between $116.91 and $131.88, with an estimated average price of $123.74. The stock is now traded at around $130.22. The impact to his portfolio due to this purchase was 0.02%. His holdings were 8,671,054 shares as of the end of 2019Q1.

Reduced: Wells Fargo & Co (WFC, Financial)

Berkshire Hathaway reduced to his holdings in Wells Fargo & Co by 3.98%. His sale prices were between $46.08 and $51.73, with an estimated average price of $49.15. The stock is now traded at around $45.70. The impact to his portfolio due to this sale was -0.43%. Berkshire Hathaway still held 409,803,773 shares as of the end of 2019Q1.

Reduced: Phillips 66 (PSX, Financial)

Berkshire Hathaway reduced to his holdings in Phillips 66 by 53.32%. His sale prices were between $86.15 and $98.89, with an estimated average price of $94.94. The stock is now traded at around $84.81. The impact to his portfolio due to this sale was -0.3%. Berkshire Hathaway still held 5,552,715 shares as of the end of 2019Q1.

Reduced: Charter Communications Inc (CHTR, Financial)

Berkshire Hathaway reduced to his holdings in Charter Communications Inc by 18.81%. His sale prices were between $284.53 and $366.27, with an estimated average price of $328.4. The stock is now traded at around $386.41. The impact to his portfolio due to this sale was -0.2%. Berkshire Hathaway still held 5,710,711 shares as of the end of 2019Q1.

Reduced: Southwest Airlines Co (LUV, Financial)

Berkshire Hathaway reduced to his holdings in Southwest Airlines Co by 2.18%. His sale prices were between $45.61 and $58.29, with an estimated average price of $52.72. The stock is now traded at around $52.24. The impact to his portfolio due to this sale was -0.03%. Berkshire Hathaway still held 53,649,213 shares as of the end of 2019Q1.

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