Big Changes To Berkshire’s Portfolio In Q2

In an SEC 13F filing after the market closed today, Berkshire Hathaway revealed major changes to its portfolio as of June 30, 2018.

The largest additions to its current holdings in its portfolio were:

(1) Apple (AAPL):  + $2.5 billion (14 million shares or 5.2%)

(2) Delta Airlines (DAL) : + $500 million (10 million shares or 18.8%)

(3) Goldman Sachs (GS): + $500 million (2.3 million shares or 21%)

(4) U.S. Bancorp (USB): + $500 million (10 million shares or 10.8%)

(5) Southwest Airlines (LUV): + $465 million (9.3 million shares or 18.7%)

 

The largest subtractions from current holdings in its portfolio were:

(1) Phillips 66 (PSX): – $1.3 billion (11.5 million shares or 24%)

(2) Charter Communications (CHTR): – $200 million (700,000 shares or 8.7%)

 

Additions of less than $100 million were made in Bank of New York (BK) , Liberty Global (LBTYA), Teva Pharmaceutical (TEVA), and Axalta Coating Systems (AXTA).

Reductions of less than $100 million were made in American Airlines (AAL), United Continental Holdings (UAL), and Wells Fargo (WFC) to maintain Berkshire’s stakes at less than 10% as these companies have bought back their shares.

There were no new investments added to its portfolio during the second quarter.  Verisk Analytics (VRSK) ($30 million) was eliminated.

LEAVE A COMMENT


Saved Articles
X
TextTExtLInkTextTExtLInk

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Welcome in the new year by signing up up for ValueWalkPremium today and get our exclusive content for 40% off. This is our second biggest discount ever!!

Use coupon code VIP20 or click on the button below

Limited time offer only ENDS 1/31/2019 or after next 30 23 subscribers take advantage whichever comes first – please do not share this discount with others

 

0