Period: Q1 2013
Portfolio date: 31 Mar 2013
No. of stocks: 15
Portfolio value: $1,585,747,000
|Stock||% of portfolio||Shares||Recent activity||Reported Price*|
|hist||BRK.B - Berkshire Hathaway CL B||10.40||1,583,384||Add 11.98%||$104.20|
|hist||ORCL - Oracle Corp.||10.24||5,019,659||Add 63.69%||$32.33|
|hist||DTV - DIRECTV Group Inc.||10.23||2,865,413||Add 64.93%||$56.60|
|hist||TEL - TE Connectivity||9.23||3,491,828||Add 10.24%||$41.93|
|hist||WFC - Wells Fargo||8.38||3,590,497||Add 28.79%||$36.99|
|hist||SCHW - Charles Schwab||8.15||7,301,813||Add 11.84%||$17.69|
|hist||VRX - Valeant Pharmaceuticals Int'l||7.94||1,678,038||Add 12.98%||$75.03|
|hist||MCO - Moody's Corp.||6.80||2,022,576||Add 73.97%||$53.32|
|hist||CCK - Crown Holdings||6.79||2,586,486||Add 19.76%||$41.61|
|hist||FISV - Fiserv Inc.||6.21||1,120,216||Reduce 0.10%||$87.85|
|hist||BAM - Brookfield Asset Management Inc.||5.59||2,430,551||Add 21.77%||$36.50|
|hist||CVE - Cenovus Energy Inc.||5.40||2,765,467||Add 18.67%||$30.98|
|hist||LOW - Lowe's Cos.||4.41||1,844,639||Reduce 23.13%||$37.92|
|hist||BRK.A - Berkshire Hathaway CL A||0.21||21||$156285.71|
|hist||USB - U.S. Bancorp||0.03||14,000||$33.93|
* Reported Price is the price of the security on the portfolio date. This value is significant in that it indicates the portfolio manager's confidence in the stock at that price and suggests at least some level of undervaluation and/or margin of safety.
Sector % analysis
Articles & Commentaries
Lou Simpson should need no introduction to avid value investors, but he managed the investment portfolio of Berkshire's subsidiary, Geico auto insurance, for 31 years until his retirement at the end of 2010.
According to Buffett himself, Lou's investment track record has been stellar with an average annual return of 20% since 1980.
Lou Simpson started the investment advisory firm, SQ Advisors, end of last year and we have added the three quarters of data since then to our database.
It is fitting to see his old firm, Berkshire Hathaway, as the second largest position currently in his portfolio.