Changes to Berkshire Hathaway’s Portfolio in First Quarter 2015
After the market closed on May 15, 2015, Berkshire Hathaway (NYSE: BRK.A, BRK.B) reported its equity holdings of U.S. based companies in its SEC 13F filing for the quarter ending March 31, 2015. This report revealed numerous changes to Berkshire’s portfolio. The largest were:
(1) Warren Buffett added about $400 million (3%) to his holding in International Business Machines (NYSE:IBM) ($13.8 billion)
(2) Warren Buffett added about $350 million (1.5%) to his holding in Wells Fargo (NYSE: WFC) ($26 billion).
(3) Todd Combs added about $300 million (50%) to his position in Precision Castparts (NYSE: PCP) ($900 million)
(4) Todd Combs sold about $200 million (60%) of his holding in National Oilwell Varco (NYSE: NOV) ($100 million).
(5) Warren Buffett added about $150 million (5%) to his holding in US Bancorp (NYSE: USB) ($3.7 billion)
Berkshire also had minor additions to stakes in Deere (NYSE: DE), Phillips 66 (NYSE: PSX), and Twenty First Century Fox (NASDAQ: FOXA).
There were also minor reductions in Bank of New York Mellon (NYSE: BK), Charter Communications (NYSE: CHTR), Liberty Global (NASDAQ: LBTYA), MasterCard (NYSE: MA), Viacom (NASDAQ: VIAB), Visa (NYSE: V), and Wabco (NYSE: WBC)
There were no positions that were either initiated or eliminated.
Berkshire’s 13F filing for the first quarter of 2015 is available at:
