Warren Buffett and Berkshire Buy a New Stock

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Berkshire Hathaway Inc. (NYSE: BRK-B) revealed its latest quarterly holdings report, with stocks of record as of the market close on June 30. Though many positions remain unchanged, there are some notable moves where Warren Buffett boosted his company’s stake in picks like Johnson & Johnson (NYSE: JNJ).

Warren Buffett and his Berkshire holdings are closely watched by many investors, so to make things easier here is a complete list of BRK stock holdings and a note of which common stock positions have changed as of this latest quarterly report.

The following stock is a new position:

Fiserv, Inc. (NASDAQ: FISV) is a new position of 4.4 million shares.

The following stocks have an increase in holdings:

Becton Dickinson & Co. (NYSE: BDX) is 1.889 million shares. Up from 1.744 million shares last quarter and was a raised position last quarter too from 1.5 million shares before and versus 1.2 million even earlier.

Iron Mountain (NYSE: IRM) is 8 Million shares. A higher position versus 7,794,800 shares last quarter, and above 7 million shares and versus 3.37 million shares in the quarters before then.
Johnson & Johnson (NYSE: JNJ) is almost 41.1 million shares, which is an increased position from last quarter’s 27 million shares.  This gets J&J back above the 36.91 million shares before that and on the way back up to the 62 million shares at one point in 2008.
Nalco Holding (NYSE: NLC) 9.15 million shares. Up slightly from the 9.0 million a quarter earlier.
Sanofi Aventis (NYSE: SNY) is 4.063 million, which appears to be higher than what we calculated as being “more than 3.9 million shares” a quarter earlier.  That one could be a rounding difference.

The following stocks have a decrease in holdings:

ConocoPhillips (NYSE: COP) is roughly 29.1 million shares. A lower stake than the prior 34.179 million shares and yet another cut from 37.7 million two quarters ago and 57.43 million and 62.485 million before that.

M&T Bank Corp. (NYSE: MTB) is 5.363 million. A decrease from 5.563 million shares before that and down from 6.71 million shares even earlier.
Moody’s Corp. (NYSE: MCO) 30.783 million, which appears to be a decrease from what we listed as 30.83 million last quarter.  This is way down from the 48 million originally, prior to two quarters of decreases.
Procter & Gamble (NYSE: PG) is 70.071 million shares; down slightly from over 78.317 million a quarter before and from approximately 87.5 million and 96.3 million in the quarters before that.

The following stocks have the same number of holdings:

American Express Co. (NYSE: AXP) over 151.6 million shares.

Bank of America Corp. (NYSE: BAC) 5 million shares.

Carmax Inc. (NYSE: KMX) is 7,725,900, had been reduced from 8 million shares the prior quarter and versus 9 million shares a quarter before that.

Coca Cola Co. (NYSE: KO) right at 200 million shares.

Comcast (NASDAQ: CMCSA) 12 million shares.
Comdisco Holdings (NASDAQ: CDCO) roughly 1.5 million shares.

Costco Wholesale (NASDAQ: COST) 4,333,363 shares. Same as last quarter but that is after it had been lowered from 5.254 million before.
Exxon Mobil Corp. (NYSE: XOM) 421,800 shares; same as before but lowered from 1.276 million shares originally.
Gannett Co. (NYSE: GCI) 1,740,231 shares; same as before, but a decrease from earlier.
General Electric Corp. (NYSE: GE) 7.777 million shares; same as before but does not include the huge preferred shares from late in 2008.
GlaxoSmithKline (NYSE: GSK) 1.51 million shares.

Home Depot Inc. (NYSE: HD) 2.757 million.

Ingersoll-Rand (NYSE: IR) 5.636 million shares. Same as last quarter but way down from the 7.78 million a year ago.
Lowe’s Companies (NYSE: LOW) 6.5 million shares.

NRG Energy Inc. (NYSE: NRG) was 6 million shares.

Nestle ADR is 3.4 million shares.

Nike Inc. (NYSE: NKE) 7.641 million shares.

Republic Services Inc. (NYSE: RSG) is 10.827 million shares; same as before but still above the prior quarter.

Torchmark Corp. (NYSE: TMK) roughly 2.82 million.

US Bancorp (NYSE: USB) roughly 69 million.

USG Corp. (NYSE: USG) 17.072 million shares.

United Parcel Service (NYSE: UPS) 1.429 million shares.

Wal-Mart Stores Inc. (NYSE: WMT) is just over 39 million; same last quarter after it had been raised earlier.
Washington Post (NYSE: WPO) over 1.72 million shares, which is the same as last quarter.
Wells Fargo & Co. (NYSE: WFC) was roughly 325 million shares, which appears mostly static after having been raised in the quarters before.

Wesco Financial Corp. (NYSE: WSC) 5.703 million shares.

As of this writing, Jon Ogg did not own a position in any of the stocks named here.

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