The long awaited Berkshire Hathaway 13F filing was just out. It turns out that Warren Buffett did much more selling than buying in the first quarter of 2010. It seems that Berkshire is trying to raise its cash positions by selling some long term holdings.
Warren Buffett adds to Republic Services Inc., sells Wellpoint Inc., Unitedhealth Group Inc., Suntrust Banks Inc., The Travelers Companies Inc. He also reduced Berkshire’s position in Kraft Foods Inc., and Gannett Co. Inc., Procter & Gamble Company etc.
According to the most recent filings of his investment company, Berkshire Hathaway, Warren Buffett owns 36 stocks with a total value of $50.9 billion. These are the details of the buys and sells.
This is the sector weightings of his portfolio:
These are the top 5 holdings of Warren Buffett
Republic Services, Inc., is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $11.27 billion; its shares were traded at around $29.58 with a P/E ratio of 19.46 and P/S ratio of 1.37. The dividend yield of Republic Services Inc. stocks is 2.57%. Republic Services Inc. had an annual average earning growth of 10.3% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 4.5-star.
RSG is a long term holding of Bill Gate’s personal portfolio and Bill & Melinda Gates Foundation. Apparently Warren Buffett got this idea from Bill Gates.
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. Becton Dickinson And Company has a market cap of $17.27 billion; its shares were traded at around $73.26 with a P/E ratio of 14.39 and P/S ratio of 2.41. The dividend yield of Becton Dickinson And Company stocks is 2.02%. Becton Dickinson And Company had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Becton Dickinson And Company the business predictability rank of 4.5-star.
Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain Inc. has a market cap of $4.98 billion; its shares were traded at around $24.48 with a P/E ratio of 24.73 and P/S ratio of 1.65. The dividend yield of Iron Mountain Inc. stocks is 1.02%. Iron Mountain Inc. had an annual average earning growth of 13.5% over the past 10 years. GuruFocus rated Iron Mountain Inc. the business predictability rank of 4-star.
CarMax Group is a subsidiary of Circuit City Stores, Inc. Carmax Inc. has a market cap of $5.19 billion; its shares were traded at around $23.22 with a P/E ratio of 19.85 and P/S ratio of 0.7.
Gannett Co., Inc. is an international news and information company that publishes daily newspapers in the USA, including USA TODAY, the nation'slargest-selling daily newspaper. Gannett Co. Inc. has a market cap of $3.75 billion; its shares were traded at around $15.76 with a P/E ratio of 7.43 and P/S ratio of 0.67. The dividend yield of Gannett Co. Inc. stocks is 1.02%.
Moody's Corp. has a market cap of $5.1 billion; its shares were traded at around $21.57 with a P/E ratio of 12.33 and P/S ratio of 2.84. The dividend yield of Moody's Corp. stocks is 1.95%. Moody's Corp. had an annual average earning growth of 15.7% over the past 10 years. GuruFocus rated Moody's Corp. the business predictability rank of 2.5-star.
Costco Wholesale Corp. has a market cap of $25.43 billion; its shares were traded at around $57.74 with a P/E ratio of 21.79 and P/S ratio of 0.36. The dividend yield of Costco Wholesale Corp. stocks is 1.42%. Costco Wholesale Corp. had an annual average earning growth of 7.8% over the past 10 years. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 5-star.
It is interesting that Warren Buffett is reducing this position, as both Charlie Munger and Warren Buffett himself like this company.
M&T Bank Corp is a bank holding company. They have two primary bank subsidiaries: Manufacturers and Traders Trust Company and M&T Bank, National Association. M&t Bank Corp. has a market cap of $10.36 billion; its shares were traded at around $87.25 with a P/E ratio of 23.9 and P/S ratio of 2.74. The dividend yield of M&t Bank Corp. stocks is 3.21%. M&t Bank Corp. had an annual average earning growth of 1.3% over the past 10 years.
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $83.03 billion; its shares were traded at around $55.84 with a P/E ratio of 12.41 and P/S ratio of 0.54. The dividend yield of Conocophillips stocks is 3.58%. Conocophillips had an annual average earning growth of 18.2% over the past 10 years.
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. Johnson & Johnson has a market cap of $176.32 billion; its shares were traded at around $63.97 with a P/E ratio of 13.73 and P/S ratio of 2.85. The dividend yield of Johnson & Johnson stocks is 3.06%. Johnson & Johnson had an annual average earning growth of 11.1% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. The Procter & Gamble Company has a market cap of $181.65 billion; its shares were traded at around $62.54 with a P/E ratio of 16.63 and P/S ratio of 2.3. The dividend yield of The Procter & Gamble Company stocks is 3.08%. The Procter & Gamble Company had an annual average earning growth of 12.9% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 5-star.
Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $44.43 billion; its shares were traded at around $30.03 with a P/E ratio of 14.58 and P/S ratio of 1.1. The dividend yield of Kraft Foods Inc. stocks is 3.86%.
SunTrust Banks, Inc. is a commercial banking organization. Suntrust Banks Inc. has a market cap of $14.97 billion; its shares were traded at around $29.82 with and P/S ratio of 1.44. The dividend yield of Suntrust Banks Inc. stocks is 0.13%.
St. Paul Travelers is a provider of commercial property-liability insurance and asset management services. The Travelers Companies Inc. has a market cap of $25.36 billion; its shares were traded at around $50.12 with a P/E ratio of 8.08 and P/S ratio of 1.03. The dividend yield of The Travelers Companies Inc. stocks is 2.63%.
UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. Unitedhealth Group Inc. has a market cap of $35.18 billion; its shares were traded at around $30.39 with a P/E ratio of 8.78 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 22.1% over the past 10 years. GuruFocus rated Unitedhealth Group Inc. the business predictability rank of 3.5-star.
WellPoint, Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. Wellpoint Inc. has a market cap of $23.57 billion; its shares were traded at around $53.09 with a P/E ratio of 8.4 and P/S ratio of 0.36. Wellpoint Inc. had an annual average earning growth of 21.6% over the past 10 years.
Warren Buffett adds to Republic Services Inc., sells Wellpoint Inc., Unitedhealth Group Inc., Suntrust Banks Inc., The Travelers Companies Inc. He also reduced Berkshire’s position in Kraft Foods Inc., and Gannett Co. Inc., Procter & Gamble Company etc.
According to the most recent filings of his investment company, Berkshire Hathaway, Warren Buffett owns 36 stocks with a total value of $50.9 billion. These are the details of the buys and sells.
- Added Positions: BDX, IRM, RSG,
- Reduced Positions: COP, COST, GCI, JNJ, KFT, KMX, MCO, MTB, PG,
- Sold Out: STI, TRV, UNH, WLP,
This is the sector weightings of his portfolio:
| Financials | 41% |
| Consumer Goods | 38.9% |
| Consumer Services | 7.6% |
| Industrials | 4.3% |
| Health Care | 3.7% |
| Oil & Gas | 3.5% |
| Utilities | 0.7% |
These are the top 5 holdings of Warren Buffett
- The CocaCola Company (KO) - 200,000,000 shares, 21.6% of the total portfolio.
- Wells Fargo & Company (WFC) - 320,088,385 shares, 19.56% of the total portfolio.
- American Express Company (AXP) - 151,610,700 shares, 12.28% of the total portfolio.
- The Procter & Gamble Company (PG) - 79,096,784 shares, 9.83% of the total portfolio. Shares reduced by 9.61%
- Kraft Foods Inc. (KFT) - 106,734,745 shares, 6.34% of the total portfolio. Shares reduced by 22.81%
Added: Republic Services Inc. (RSG, Financial)
Warren Buffett added to his holdings in Republic Services Inc. by 30.6%. The impact to his portfolio due to this purchase was 0.15%. His holdings were 10,827,700 shares as of 03/31/2010.Republic Services, Inc., is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $11.27 billion; its shares were traded at around $29.58 with a P/E ratio of 19.46 and P/S ratio of 1.37. The dividend yield of Republic Services Inc. stocks is 2.57%. Republic Services Inc. had an annual average earning growth of 10.3% over the past 10 years. GuruFocus rated Republic Services Inc. the business predictability rank of 4.5-star.
RSG is a long term holding of Bill Gate’s personal portfolio and Bill & Melinda Gates Foundation. Apparently Warren Buffett got this idea from Bill Gates.
Added: Becton Dickinson And Company (BDX, Financial)
Warren Buffett added to his holdings in Becton Dickinson And Company by 16.28%. The impact to his portfolio due to this purchase was 0.04%. His holdings were 1,744,128 shares as of 03/31/2010.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. Becton Dickinson And Company has a market cap of $17.27 billion; its shares were traded at around $73.26 with a P/E ratio of 14.39 and P/S ratio of 2.41. The dividend yield of Becton Dickinson And Company stocks is 2.02%. Becton Dickinson And Company had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Becton Dickinson And Company the business predictability rank of 4.5-star.
Added: Iron Mountain Inc. (IRM, Financial)
Warren Buffett added to his holdings in Iron Mountain Inc. by 11.35%. The impact to his portfolio due to this purchase was 0.04%. His holdings were 7,794,800 shares as of 03/31/2010.Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain Inc. has a market cap of $4.98 billion; its shares were traded at around $24.48 with a P/E ratio of 24.73 and P/S ratio of 1.65. The dividend yield of Iron Mountain Inc. stocks is 1.02%. Iron Mountain Inc. had an annual average earning growth of 13.5% over the past 10 years. GuruFocus rated Iron Mountain Inc. the business predictability rank of 4-star.
Reduced: Carmax Inc. (KMX, Financial)
Warren Buffett reduced to his holdings in Carmax Inc. by 3.43%. The impact to his portfolio due to this sale was -0.01%. Warren Buffett still held 7,725,900 shares as of 03/31/2010.CarMax Group is a subsidiary of Circuit City Stores, Inc. Carmax Inc. has a market cap of $5.19 billion; its shares were traded at around $23.22 with a P/E ratio of 19.85 and P/S ratio of 0.7.
Reduced: Gannett Co. Inc. (GCI, Financial)
Warren Buffett reduced to his holdings in Gannett Co. Inc. by 20.98%. The impact to his portfolio due to this sale was -0.01%. Warren Buffett still held 1,740,231 shares as of 03/31/2010.Gannett Co., Inc. is an international news and information company that publishes daily newspapers in the USA, including USA TODAY, the nation'slargest-selling daily newspaper. Gannett Co. Inc. has a market cap of $3.75 billion; its shares were traded at around $15.76 with a P/E ratio of 7.43 and P/S ratio of 0.67. The dividend yield of Gannett Co. Inc. stocks is 1.02%.
Reduced: Moody's Corp. (MCO, Financial)
Warren Buffett reduced to his holdings in Moody's Corp. by 3.24%. The impact to his portfolio due to this sale was -0.06%. Warren Buffett still held 30,783,876 shares as of 03/31/2010.Moody's Corp. has a market cap of $5.1 billion; its shares were traded at around $21.57 with a P/E ratio of 12.33 and P/S ratio of 2.84. The dividend yield of Moody's Corp. stocks is 1.95%. Moody's Corp. had an annual average earning growth of 15.7% over the past 10 years. GuruFocus rated Moody's Corp. the business predictability rank of 2.5-star.
Reduced: Costco Wholesale Corp. (COST, Financial)
Warren Buffett reduced to his holdings in Costco Wholesale Corp. by 17.52%. The impact to his portfolio due to this sale was -0.09%. Warren Buffett still held 4,333,363 shares as of 03/31/2010.Costco Wholesale Corp. has a market cap of $25.43 billion; its shares were traded at around $57.74 with a P/E ratio of 21.79 and P/S ratio of 0.36. The dividend yield of Costco Wholesale Corp. stocks is 1.42%. Costco Wholesale Corp. had an annual average earning growth of 7.8% over the past 10 years. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 5-star.
It is interesting that Warren Buffett is reducing this position, as both Charlie Munger and Warren Buffett himself like this company.
Reduced: M&T Bank Corp. (MTB, Financial)
Warren Buffett reduced to his holdings in M&t Bank Corp. by 17.15%. The impact to his portfolio due to this sale was -0.15%. Warren Buffett still held 5,563,281 shares as of 03/31/2010.M&T Bank Corp is a bank holding company. They have two primary bank subsidiaries: Manufacturers and Traders Trust Company and M&T Bank, National Association. M&t Bank Corp. has a market cap of $10.36 billion; its shares were traded at around $87.25 with a P/E ratio of 23.9 and P/S ratio of 2.74. The dividend yield of M&t Bank Corp. stocks is 3.21%. M&t Bank Corp. had an annual average earning growth of 1.3% over the past 10 years.
Reduced: Conocophillips (COP, Financial)
Warren Buffett reduced to his holdings in Conocophillips by 9.37%. The impact to his portfolio due to this sale was -0.32%. Warren Buffett still held 34,179,249 shares as of 03/31/2010.ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $83.03 billion; its shares were traded at around $55.84 with a P/E ratio of 12.41 and P/S ratio of 0.54. The dividend yield of Conocophillips stocks is 3.58%. Conocophillips had an annual average earning growth of 18.2% over the past 10 years.
Reduced: Johnson & Johnson (JNJ, Financial)
Warren Buffett reduced to his holdings in Johnson & Johnson by 11.95%. The impact to his portfolio due to this sale was -0.37%. Warren Buffett still held 23,891,448 shares as of 03/31/2010.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. Johnson & Johnson has a market cap of $176.32 billion; its shares were traded at around $63.97 with a P/E ratio of 13.73 and P/S ratio of 2.85. The dividend yield of Johnson & Johnson stocks is 3.06%. Johnson & Johnson had an annual average earning growth of 11.1% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
Reduced: The Procter & Gamble Company (PG, Financial)
Warren Buffett reduced to his holdings in The Procter & Gamble Company by 9.61%. The impact to his portfolio due to this sale was -0.94%. Warren Buffett still held 79,096,784 shares as of 03/31/2010.The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. The Procter & Gamble Company has a market cap of $181.65 billion; its shares were traded at around $62.54 with a P/E ratio of 16.63 and P/S ratio of 2.3. The dividend yield of The Procter & Gamble Company stocks is 3.08%. The Procter & Gamble Company had an annual average earning growth of 12.9% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 5-star.
Reduced: Kraft Foods Inc. (KFT, Financial)
Warren Buffett reduced to his holdings in Kraft Foods Inc. by 22.81%. The impact to his portfolio due to this sale was -1.45%. Warren Buffett still held 106,734,745 shares as of 03/31/2010.Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $44.43 billion; its shares were traded at around $30.03 with a P/E ratio of 14.58 and P/S ratio of 1.1. The dividend yield of Kraft Foods Inc. stocks is 3.86%.
Sold Out: Suntrust Banks Inc. (STI)
Warren Buffett sold out his holdings in Suntrust Banks Inc..SunTrust Banks, Inc. is a commercial banking organization. Suntrust Banks Inc. has a market cap of $14.97 billion; its shares were traded at around $29.82 with and P/S ratio of 1.44. The dividend yield of Suntrust Banks Inc. stocks is 0.13%.
Sold Out: The Travelers Companies Inc. (TRV)
Warren Buffett sold out his holdings in The Travelers Companies Inc..St. Paul Travelers is a provider of commercial property-liability insurance and asset management services. The Travelers Companies Inc. has a market cap of $25.36 billion; its shares were traded at around $50.12 with a P/E ratio of 8.08 and P/S ratio of 1.03. The dividend yield of The Travelers Companies Inc. stocks is 2.63%.
Sold Out: Unitedhealth Group Inc. (UNH)
Warren Buffett sold out his holdings in Unitedhealth Group Inc..UnitedHealth Group Inc. offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. Unitedhealth Group Inc. has a market cap of $35.18 billion; its shares were traded at around $30.39 with a P/E ratio of 8.78 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 22.1% over the past 10 years. GuruFocus rated Unitedhealth Group Inc. the business predictability rank of 3.5-star.
Sold Out: Wellpoint Inc. (WLP)
Warren Buffett sold out his holdings in Wellpoint Inc..WellPoint, Inc. is the largest publicly traded commercial health benefits company in terms of membership in the United States. Wellpoint Inc. has a market cap of $23.57 billion; its shares were traded at around $53.09 with a P/E ratio of 8.4 and P/S ratio of 0.36. Wellpoint Inc. had an annual average earning growth of 21.6% over the past 10 years.
