The recent new feature of the Gurus’ holding history with their holdings allows you to see not only what gurus are buying, but also what they keep buying. This will help you to understand how serious they are with this position, the prices they are willing to pay.
So what did Warren Buffett keep buying? By looking at Warren Buffett’s portfolio we can see that Warren Buffett has been buying Wells Fargo & Company, Republic Services, Iron Mountain Inc., and Becton Dickson & Company
Wells Fargo is now Warren Buffett’s second largest portfolio. He did not really buy Wells Fargo over the last quarter, but the holding history reveals that he is still in buying mode for Wells Fargo.
Warren Buffet has been buying Well Fargo all through the years, ever as he was selling other positions to raise cash for Berkshire, he kept buying Well Fargo. Now he owns more than 320 million shares, and he owns Wells Fargo for his personal account, too.
Warren Buffett is still losing money with Wells, we estimate that his loss is at about 9%. His average price paid was above $31. Today the stock is traded at around $28, you can grab it by paying lower prices than Warren Buffett has paid.
Republic Services, Inc. is certainly in a simple business that Warren Buffett likes. It is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $11.41 billion; its shares were traded at around $29.96 with a P/E ratio of 19.7 and P/S ratio of 1.3. The dividend yield of Republic Services Inc. stocks is 2.5%. 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.
Republic Services, Inc. is also in Bill Gates’ portfolio. Bill & Melinda Gates Foundation owns 1,350,000 shares as of 03/31/2010.
Warren Buffett started to buy RSG in Q3 of 2009, and he keeps adding to the position, now he owns more than 10 million shares, account for 0.6% of Berkshire portfolio. We will not be surprised that Buffett adds to the position again this quarter.
Warren Buffett’s average cost is about $27 a share, about 10% lower than its current price.
Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain Inc. has a market cap of $4.99 billion; its shares were traded at around $24.5 with a P/E ratio of 24.8 and P/S ratio of 1.6. The dividend yield of Iron Mountain Inc. stocks is 1%. 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.
As shown in the history chart below, Berkshire has owned Iron Mountain for a long time. It reduced its exposure in IRM in 2007 as the stock price peaked. Now Berkshire is adding to it again.
For the purchases over the past two quarters, Berkshire paid the price at about where it is now. If it is good enough for Berkshire, is it good for you?
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 $17.06 billion; its shares were traded at around $72.39 with a P/E ratio of 14.2 and P/S ratio of 2.4. The dividend yield of Becton Dickinson And Company stocks is 2.1%. 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.
Berkshire started to buy BDX in the second quarter of 2009. Buffett keeps adding to the shares in the past two quarters. The average share cost is about $69, close to where it is today.
By looking at the holding history of Gurus’ with their positions we can find out how serious the gurus are with this position and the prices they are willing to pay. We have found that Warren Buffett keeps buying Wells Fargo & Company, Republic Services, Iron Mountain Inc., and Becton Dickson & Company for Berkshire Hathaway’s equity portfolio.
We also like to point out that Republic Services, Iron Mountain Inc., and Becton Dickson all have high business predictabilities. This is what Warren Buffett says “businesses with proven and predictable earnings”. Even Wells Fargo has much better business consistency than other banks.
Business predictability and holding history are just some of the premium features we provide on GuruFocus. To gain full access to these features, you are invited for a 7-day Free Trial of GuruFocus Premium Membership.
So what did Warren Buffett keep buying? By looking at Warren Buffett’s portfolio we can see that Warren Buffett has been buying Wells Fargo & Company, Republic Services, Iron Mountain Inc., and Becton Dickson & Company
Wells Fargo & Company (WFC, Financial)
Wells Fargo is now Warren Buffett’s second largest portfolio. He did not really buy Wells Fargo over the last quarter, but the holding history reveals that he is still in buying mode for Wells Fargo.
Warren Buffet has been buying Well Fargo all through the years, ever as he was selling other positions to raise cash for Berkshire, he kept buying Well Fargo. Now he owns more than 320 million shares, and he owns Wells Fargo for his personal account, too.
Warren Buffett is still losing money with Wells, we estimate that his loss is at about 9%. His average price paid was above $31. Today the stock is traded at around $28, you can grab it by paying lower prices than Warren Buffett has paid.
Republic Services, Inc. (RSG, Financial)
Republic Services, Inc. is certainly in a simple business that Warren Buffett likes. It is a provider of services in the domestic non-hazardous solid waste industry. Republic Services Inc. has a market cap of $11.41 billion; its shares were traded at around $29.96 with a P/E ratio of 19.7 and P/S ratio of 1.3. The dividend yield of Republic Services Inc. stocks is 2.5%. 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.
Republic Services, Inc. is also in Bill Gates’ portfolio. Bill & Melinda Gates Foundation owns 1,350,000 shares as of 03/31/2010.
Warren Buffett started to buy RSG in Q3 of 2009, and he keeps adding to the position, now he owns more than 10 million shares, account for 0.6% of Berkshire portfolio. We will not be surprised that Buffett adds to the position again this quarter.
Warren Buffett’s average cost is about $27 a share, about 10% lower than its current price.
Iron Mountain Inc. (IRM, Financial)
Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain Inc. has a market cap of $4.99 billion; its shares were traded at around $24.5 with a P/E ratio of 24.8 and P/S ratio of 1.6. The dividend yield of Iron Mountain Inc. stocks is 1%. 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.
As shown in the history chart below, Berkshire has owned Iron Mountain for a long time. It reduced its exposure in IRM in 2007 as the stock price peaked. Now Berkshire is adding to it again.
For the purchases over the past two quarters, Berkshire paid the price at about where it is now. If it is good enough for Berkshire, is it good for you?
Becton Dickson & Company (BDX, Financial)
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 $17.06 billion; its shares were traded at around $72.39 with a P/E ratio of 14.2 and P/S ratio of 2.4. The dividend yield of Becton Dickinson And Company stocks is 2.1%. 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.
Berkshire started to buy BDX in the second quarter of 2009. Buffett keeps adding to the shares in the past two quarters. The average share cost is about $69, close to where it is today.
Conclusion:
By looking at the holding history of Gurus’ with their positions we can find out how serious the gurus are with this position and the prices they are willing to pay. We have found that Warren Buffett keeps buying Wells Fargo & Company, Republic Services, Iron Mountain Inc., and Becton Dickson & Company for Berkshire Hathaway’s equity portfolio.
We also like to point out that Republic Services, Iron Mountain Inc., and Becton Dickson all have high business predictabilities. This is what Warren Buffett says “businesses with proven and predictable earnings”. Even Wells Fargo has much better business consistency than other banks.
Business predictability and holding history are just some of the premium features we provide on GuruFocus. To gain full access to these features, you are invited for a 7-day Free Trial of GuruFocus Premium Membership.
