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13F Season: A Look At Warren Buffett's Q1 Moves

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13F Season: A Look At Warren Buffett's Q1 Moves

Warren Buffett’s Berkshire Hathaway filed its first quarter 13F with the SEC on Friday. According to the record, the famed investment firm has an equity portfolio worth more than $107 billion, focused on companies from the financial sector (45 percent) and consumer staples (25 percent).

As it is usual, Buffett’s holdings remained pretty much unchanged over the quarter: there were no new arrivals, nor positions closed. The fund did, however, boost its exposure to seven stocks and trimmed its participation in another eight companies.

Increased Exposure

Wells Fargo & Co (NYSE: WFC) continued to occupy the top spot in Berkshire Hathaway’s portfolio, in terms of market value. After adding 6,834,236 shares to its holdings over the first quarter, the fund declared ownership of 470,292,359 shares, worth about $25.5 billion – which account for more than 23.8 percent of its equity portfolio’s total value.

Buffett’s stake in The Coca-Cola Co (NYSE: KO), the second-most valuable position, remained untouched at 400,000,000 shares.

Third in line is International Business Machines Corp. (NYSE: IBM), which saw the fund boost its exposure by 3 percent to 79,565,115 shares, worth about $12.77 billion.

Other stocks that witnessed increases in Berkshire’s bets are:

  • U.S. Bancorp (NYSE: USB), up 4 percent, to 83,773,390 shares
  • Deere & Company (NYSE: DE), up 213,204 shares, to 17,310,090 shares
  • Precision Castparts Corp. (NYSE: PCP), up 47 percent, to 4,200,792 shares
  • Phillips 66 (NYSE: PSX), up 14 percent, to 7,499,450 shares
  • Twenty-First Century Fox Inc (NASDAQ: FOXA), up 31 percent, to 6,228,097 shares.

Reduced Exposure

As mentioned above, eight companies saw Buffett diminish his involvement.

  • Charter Communications, Inc. (NASDAQ: CHTR), by 3 percent, to 5,979,136 shares
  • Bank of New York Mellon Corp (NYSE: BK), by 6 percent, to 20,680,420 shares
  • Visa Inc (NYSE: V), by 152,000 shares, to 9,885,160 shares
  • Viacom, Inc. (NASDAQ: VIAB), by 4 percent, to 8,265,079 shares
  • Liberty Global plc (NASDAQ: LBTYA), also by 4 percent, to 10,342,793 Class A Ordinary Shares shares
  • WABCO Holdings Inc. (NYSE: WBC), by 5 percent, to 3,863,195 shares
  • Mastercard Inc (NYSE: MA), by 3 percent, to 5,229,756 shares
  • National-Oilwell Varco, Inc. (NYSE: NOV), by 62 percent, to 1,978,895 shares

Posted-In: Berkshire Hathaway Warren BuffettHedge Funds General Best of Benzinga

 

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