Berkshire Hathaway Sells Intel; Buys National-Oilwell Varco

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Berkshire Hathaway
BRKBRK
, 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
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
V
, UPS
UPS
, Johnson & Johnson
JNJ
, Procter & Gamble
PG
, Dollar General
DG
, GM
GM
, General Electric
GE
and Ingersoll-Rand
IR
, CVS Caremark
CVS
, and Kraft
KFT
. Among the stocks which Buffett added to in the quarter were Liberty Media
LMCA
, Phillips 66
PSX
, Lee Enterprises
LEE
, and IBM
IBM
. Berkshire also initiated a position in National-Oilwell Varco
NOV
during the quarter, according to its 13-F filing.
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Posted In: NewsHedge FundsMovers & ShakersManagementInsider TradesGeneralTodd CombsTodd WeschlerWarren Buffett
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