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Buffett’s Berkshire Reveals Most Recent Buys, Sells

It's investing in Deere and Wells Fargo, cutting back on PG, CVS


Warren BuffettAccording to filings with the SEC, Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A,BRK.B) has added the shares of a number of new companies to its investment portfolio.

Berkshire now holds 4 million shares farm equipment manufacturer Deere & Company (NYSE:DE). It has also added 1.25 million shares of Precision Castparts (NYSE:PCP) and Wabco (NYSE:WBC), CBS News noted.

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Though Buffett remains in charge at Berkshire, two other investment managers, Ted Weschler and Todd Combs, each oversee about $4 billion in firm investments. The SEC filings do not identify which Berkshire official has invested in a company’s shares.

At the end of the third quarter, Berkshire’s stock portfolio was valued at $75.3 billion.

Companies in which Berkshire boosted its existing holdings:

  • General Motors (NYSE:GM)
  • Wells Fargo (NYSE:WFC)
  • Bank of New York Mellon (NYSE:BK)
  • DirecTV (NASDAQ:DTV)
  • Viacom (NASDAQ:VIAB)

Companies in which Berkshire cut its holdings:

  • Procter & Gamble (NYSE:PG)
  • CVS Caremark (NYSE:CVS)
  • Johnson & Johnson (NYSE:JNJ)
  • Kraft Foods (NASDAQ:KRFT)
  • US Bancorp (NYSE:USB)

Article printed from InvestorPlace Media,

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