Warren Buffett’s Recent Stock Portfolio Changes

Warren Buffett

by Fred Fuld III

Warren Buffett, head of Berkshire Hathaway (BRKA) (BRKB), is one of the richest men in the world and one of the most followed investment professional.

Many long term investors pay close attention to his stock moves and the Berkshire Hathaway stock portfolio, and often follow in his footsteps.

Here are his recent changes:

He sold off over 57 million shares of Apple (AAPL), but the stock still makes up over 43% of his portfolio and his largest holding.

He added 88 million shares of Verizon (VZ) to his current holdings in the company.

He sold off more than 800,000 shares of US Bancorp (USB), but still owns131 million  shares.

He added 4 million shares of Chevron (CVX) to his current stockholdings.

He reduced his General Motors holdings (GM) by 7.5 million shares.

He sold off a substantial amount of his holdings in Wells Fargo (WFC), about 75 million shares.

He bought more shares of Abbvie (ABBV), Merck (MRK), Kroger (KR), Restoration Hardware (RH), T-Mobile (TMUS), Marsh & McLennan (MMC), and Bristol-Myers Squibb (BMY).

He sold 5 million shares of Suncor (SU).

Finally, he closed out his entire positions in JP Morgan Chase (JPM), M&T Bank (MTB), Barrick Gold (ABX), PNC Financial (PNC), and Pfizer (PFE).

To se Warren Buffett’s portfolio, click HERE. Let’s see if you can outperform Warren Buffett this year.

 

Disclosure: Author owns AAPL, MRK, and PFE.