Berkshire Hathaway Sells Intel; Buys National-Oilwell Varco
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the holding company run by Warren Buffett, released its second-quarter 13-F filing on Tuesday after the closing bell. The updated filing shows the moves that Berkshire has made in its stock holdings over the last quarter.
Most surprisingly, Berkshire has sold its entire stake in chip-maker Intel (NASDAQ: INTC), which was purchased not that long ago.
Buffett and his investing lieutenants, Todd Combs and Todd Weschler also trimmed holdings in numerous stocks, including Visa (NYSE: V), UPS (NYSE: UPS), Johnson & Johnson (NYSE: JNJ), Procter & Gamble (NYSE: PG), Dollar General (NYSE: DG), GM (NYSE: GM), General Electric (NYSE: GE) and Ingersoll-Rand (NYSE: IR), CVS Caremark (NYSE: CVS), and Kraft (NYSE: KFT).
Among the stocks which Buffett added to in the quarter were Liberty Media (NYSE: LMCA), Lee Enterprises (NYSE: LEE), Phillips 66 (NYSE: PSX) and IBM (NYSE: IBM). Berkshire also initiated a position in National-Oilwell Varco (NYSE: NOV) during the quarter, according to its 13-F filing.
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Tags: Todd Combs, Todd Weschler, Warren Buffett
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