Period: Q2 2014
Portfolio date: 30 Jun 2014
No. of stocks: 46
Portfolio value: $107,580,386,000
|Stock||% of portfolio||Shares||Recent activity||Reported Price*|
|hist||WFC - Wells Fargo||22.64||463,458,123||$52.56|
|hist||KO - Coca Cola Co.||15.75||400,000,000||$42.36|
|hist||AXP - American Express||13.37||151,610,700||$94.87|
|hist||IBM - International Bus. Machines||11.82||70,173,978||Add 2.66%||$181.27|
|hist||WMT - Wal-Mart Stores||4.10||58,797,259||Add 1.28%||$75.07|
|hist||PG - Procter & Gamble||3.86||52,793,078||$78.59|
|hist||XOM - Exxon Mobil Corp.||3.85||41,129,643||$100.68|
|hist||USB - U.S. Bancorp||3.23||80,094,497||Add 0.08%||$43.32|
|hist||DVA - DaVita HealthCare Partners||2.53||37,621,152||$72.32|
|hist||MCO - Moody's Corp.||2.01||24,669,778||$87.66|
|hist||GS - Goldman Sachs Group||1.97||12,631,531||$167.44|
|hist||DTV - DIRECTV Group Inc.||1.85||23,467,995||Reduce 32.01%||$85.01|
|hist||GM - General Motors||1.11||32,960,056||Add 9.87%||$36.30|
|hist||USG - USG Corp.||1.09||39,002,016||Add 11.79%||$30.13|
|hist||BK - Bank of New York||0.86||24,652,836||$37.48|
|hist||CBI - Chicago Bridge & Iron Company||0.68||10,701,110||Add 12.04%||$68.20|
|hist||VZ - Verizon Communications||0.68||15,000,928||Add 36.09%||$48.93|
|hist||SU - Suncor Energy Inc.||0.65||16,458,330||Add 26.60%||$42.63|
|hist||MTB - M&T Bank Corp.||0.62||5,382,040||$124.05|
|hist||VIA.B - Viacom Inc.||0.61||7,607,200||$86.73|
|hist||VRSN - Verisign Inc.||0.59||12,985,000||Add 11.12%||$48.81|
|hist||NOV - National Oilwell Varco Inc.||0.56||7,302,278||Reduce 17.77%||$82.35|
|hist||LMCA - Liberty Media Corp.||0.51||4,000,000||Reduce 24.53%||$136.68|
|hist||PSX - Phillips 66||0.49||6,495,800||Reduce 33.32%||$80.43|
|hist||COST - Costco Co.||0.46||4,333,363||$115.16|
|hist||PCP - Precision Castparts||0.44||1,876,622||Reduce 5.09%||$252.40|
|hist||LBTYA - Liberty Global Inc.||0.41||9,866,546||Add 34.29%||$44.22|
|hist||WBC - WABCO Holdings Inc.||0.40||4,076,325||$106.82|
|hist||V - Visa Inc.||0.35||1,799,749||Add 15.71%||$210.71|
|hist||CHTR - Charter Communications||0.34||2,309,013||Buy||$158.38|
|hist||DE - Deere & Co.||0.33||3,978,767||$90.55|
|hist||TMK - Torchmark Corp.||0.32||6,353,727||$54.61|
|hist||LBTYK - Liberty Global Inc. C||0.29||7,346,968||$42.31|
|hist||MA - Mastercard Inc.||0.28||4,050,000||$73.47|
|hist||GE - General Electric||0.26||10,585,502||$26.28|
|hist||SNY - Sanofi Aventis||0.19||3,905,875||$53.17|
|hist||COP - ConocoPhillips||0.11||1,355,228||Reduce 87.77%||$85.73|
|hist||MEG - Media General||0.09||4,646,220||$20.53|
|hist||VRSK - Verisk Analytics Inc.||0.09||1,563,434||$60.02|
|hist||GHC - Graham Holdings Co.||0.07||107,575||Reduce 93.77%||$718.11|
|hist||DNOW - NOW Inc.||0.06||1,825,569||Buy||$36.21|
|hist||JNJ - Johnson & Johnson||0.03||327,100||$104.62|
|hist||MDLZ - Mondelez International||0.02||578,000||$37.61|
|hist||UPS - United Parcel Service||0.01||59,400||$102.66|
|hist||KRFT - Kraft Foods Group||0.01||192,666||$59.95|
|hist||LEE - Lee Enterprises||0.00||88,863||$4.45|
* Reported Price is the price of the security as of 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 or margin of safety.
Sector % analysis
Articles & Commentaries
So according to Buffett, Berkshire's GM investment is a Ted Weschler selection and constitutes 15% of his portfolio.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., Lloyd Blankfein, chief executive officer of Goldman Sachs Group Inc., Michael Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies, and Michigan Governor Rick Snyder talk about efforts to bolster small businesses, the future of Detroit, the U.S. economy and the financial industry.
“Warren eats a full meal, let me tell you,” said Stumpf, 61. “When the food comes, Warren grabs a salt shaker in his left hand and one in his right hand, and it’s a snowstorm. And I know a snowstorm when I see one because I’m from Minnesota.”
Burger King Worldwide Inc.’s pursuit of Tim Hortons Inc. began in March with a conversation with Warren Buffett, in which the billionaire agreed to support a takeover. Over the ensuing months, through intensive talks, Tim Hortons pushed the price higher three times and demanded protections for Canada.
Even he is a bit puzzled by how two men could take a jumble of dying textile mills, stagnant department stores and a trading-stamp company and turn it into the fifth-biggest firm in America, with a stock-market value of $337 billion.
“How the hell does this thing end up blowing past GE?” asked Mr. Munger, a sense of wonder in his voice. (General Electric’s stock is valued at $260 billion.)
"I'm only trying to do one thing: preserve what's there for the public's benefit," he said. "I thought about doing what Rosa Parks would want. I doubt that she would want to have her stuff sitting in a box with people fighting over them."
“Tim Hortons earns more money than Burger King does,” he told the Financial Times. “I just don’t know how the Canadians would feel about Tim Hortons moving to Florida. The main thing here is to make the Canadians happy.”
Filing shows 12,985,000 shares of VerSsign Inc. (VRSN) as of Jul 31, 2014.
Warren Buffett's annual gift of Berkshire Hathaway stock to the Bill and Melinda Gates Foundation is worth $2.1 billion this year, up from $2.0 billion last year. It's also more than any of Buffett's previous eight donations...
Warren Buffett is categorically denying money manager David Winters' comments speculating that Coca-Cola could be taken private.