Berkshire Hathaway Buys Fiserv Inc., Johnson & Johnson, Becton Dickinson, Reduces ConocoPhillips, M&T Bank Corp
August-16-2010
Warren Buffett’s company Berkshire Hathaway reported the second quarter portfolio today. Buffett added significantly to JNJ, but continued to reduce ConocoPhillips. These are the details of buys and sells.
According to the most recent filings of his investment company, Berkshire Hathaway, Warren Buffett owns 37 stocks with a total value of $46.4 billion. These are the details of the buys and sells.
New Purchases: FISV,
Added Positions: BDX, IRM, JNJ, NLC, SNY,
Reduced Positions: COP, KFT, MTB, PG,
For the details of Warren Buffett's stock buys and sells, go to
http://www.gurufocus.com/StockBuy.php?GuruName=Warren+Buffett
This is the sector weightings of his portfolio:
Financials
39.3%
Consumer Goods
39.1%
Consumer Services
7.3%
Health Care
5.9%
Industrials
4.1%
Oil & Gas
3.1%
Utilities
0.7%
These are the top 5 holdings of Warren Buffett
[list type=A]
The CocaCola Company (KO) - 200,000,000 shares, 21.58% of the total portfolio.
Wells Fargo & Company (WFC) - 320,088,385 shares, 17.64% of the total portfolio.
American Express Company (AXP) - 151,610,700 shares, 12.96% of the total portfolio.
The Procter & Gamble Company (PG) - 78,071,036 shares, 10.08% of the total portfolio. Shares reduced by 1.3%
Kraft Foods Inc. (KFT) - 105,214,584 shares, 6.34% of the total portfolio. Shares reduced by 1.42%[/list]
Added: Johnson & Johnson (JNJ)
Warren Buffett added to his holdings in Johnson & Johnson by 72.95%. His purchase prices were between $58 and $66.03, with an estimated average price of $62.2. The impact to his portfolio due to this purchase was 2.21%. His holdings were 41,319,563 shares as of 06/30/2010.
Johnson & Johnson has a market cap of $158.98 billion; its shares were traded at around $58.01 with a P/E ratio of 12.2 and P/S ratio of 2.6. The dividend yield of Johnson & Johnson stocks is 3.7%. Johnson & Johnson had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Johnson & Johnson the business predictability rank of 4.5-star.
Added: Becton Dickinson And Company (BDX)
Warren Buffett added to his holdings in Becton Dickinson And Company by 8.36%. His purchase prices were between $67.45 and $79.66, with an estimated average price of $73.87. The impact to his portfolio due to this purchase was 0.02%. His holdings were 1,889,889 shares as of 06/30/2010.
Becton, Dickinson and Co. is engaged principally in the manufacture and sale of a broad line of supplies, devices and systems used by health care professionals, medical research institutions and the general public. Becton Dickinson And Company has a market cap of $16.46 billion; its shares were traded at around $70.63 with a P/E ratio of 13.9 and P/S ratio of 2.3. The dividend yield of Becton Dickinson And Company stocks is 2.1%. Becton Dickinson And Company had an annual average earning growth of 13.9% over the past 10 years. GuruFocus rated Becton Dickinson And Company the business predictability rank of 4.5-star.
Added: Sanofiaventis (SNY)
Warren Buffett added to his holdings in Sanofiaventis by 4.09%. His purchase prices were between $28.47 and $37.49, with an estimated average price of $32.49. The impact to his portfolio due to this purchase was 0.01%. His holdings were 4,063,675 shares as of 06/30/2010.
Sanofi-Aventis is a global pharmaceutical company that contributes to enhance life by providing medicines, vaccines, and integrated healthcare solutions adapted to local needs and means primarily in Europe and the United States. Sanofiaventis has a market cap of $73.69 billion; its shares were traded at around $28.75 with a P/E ratio of 6.6 and P/S ratio of 1.8. The dividend yield of Sanofiaventis stocks is 3.9%.
Added: Iron Mountain Inc. (IRM)
Warren Buffett added to his holdings in Iron Mountain Inc. by 2.63%. His purchase prices were between $22.69 and $28.39, with an estimated average price of $25.23. The impact to his portfolio due to this purchase was 0.01%. His holdings were 8,000,000 shares as of 06/30/2010.
Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain Inc. has a market cap of $4.43 billion; its shares were traded at around $22 with a P/E ratio of 21.4 and P/S ratio of 1.5. The dividend yield of Iron Mountain Inc. stocks is 1.1%. Iron Mountain Inc. had an annual average earning growth of 13.5% over the past 10 years. GuruFocus rated Iron Mountain Inc. the business predictability rank of 4-star.
Added: Nalco Holding Company (NLC)
Warren Buffett added to his holdings in Nalco Holding Company by 1.67%. His purchase prices were between $20.27 and $26.19, with an estimated average price of $23.42. The impact to his portfolio due to this purchase was 0.01%. His holdings were 9,150,000 shares as of 06/30/2010.
During the past century, Nalco Holding Company has grown from a fledgling water treatment business to a provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications. Nalco Holding Company has a market cap of $3.2 billion; its shares were traded at around $23.3 with a P/E ratio of 18.6 and P/S ratio of 0.9. The dividend yield of Nalco Holding Company stocks is 0.6%. Nalco Holding Company had an annual average earning growth of 4.5% over the past 5 years.
New Purchase: Fiserv Inc. (FISV)
Warren Buffett initiated holdings in Fiserv Inc.. His purchase prices were between $45.33 and $54.69, with an estimated average price of $49.82. The impact to his portfolio due to this purchase was 0.43%. His holdings were 4,400,000 shares as of 06/30/2010.
Fiserv, Inc., a Fortune five hundred company, provides information management systems and services to the financial and insurance industries. Fiserv Inc. has a market cap of $7.64 billion; its shares were traded at around $50.07 with a P/E ratio of 13.1 and P/S ratio of 1.9. Fiserv Inc. had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Fiserv Inc. the business predictability rank of 3-star.
Reduced: M&T Bank Corp. (MTB)
Warren Buffett reduced to his holdings in M&T Bank Corp. by 3.59%. His sale prices were between $74.24 and $94.45, with an estimated average price of $84.36. The impact to his portfolio due to this sale was -0.04%. Warren Buffett still held 5,363,821 shares as of 06/30/2010.
M&T Bank Corp is a bank holding company. They have two primary bank subsidiaries: Manufacturers and Traders Trust Company and M&T Bank, National Association. M&t Bank Corp. has a market cap of $10.18 billion; its shares were traded at around $85.45 with a P/E ratio of 17.8 and P/S ratio of 2.7. The dividend yield of M&t Bank Corp. stocks is 3.3%. M&t Bank Corp. had an annual average earning growth of 1.3% over the past 10 years.
Reduced: Kraft Foods Inc. (KFT)
Warren Buffett reduced to his holdings in Kraft Foods Inc. by 1.42%. His sale prices were between $28.32 and $31.07, with an estimated average price of $29.71. The impact to his portfolio due to this sale was -0.09%. Warren Buffett still held 105,214,584 shares as of 06/30/2010.
Kraft Foods, Inc. is the largest branded food and beverage company headquartered in the U. Kraft Foods Inc. has a market cap of $43.57 billion; its shares were traded at around $29.45 with a P/E ratio of 14 and P/S ratio of 1.1. The dividend yield of Kraft Foods Inc. stocks is 3.9%. Kraft Foods Inc. had an annual average earning growth of 1.7% over the past 5 years.
Reduced: The Procter & Gamble Company (PG)
Warren Buffett reduced to his holdings in The Procter & Gamble Company by 1.3%. His sale prices were between $59.79 and $63.94, with an estimated average price of $62.05. The impact to his portfolio due to this sale was -0.13%. Warren Buffett still held 78,071,036 shares as of 06/30/2010.
The Procter & Gamble Company manufactures and markets a broad range of consumer products in many countries throughout the world. The Procter & Gamble Company has a market cap of $171.64 billion; its shares were traded at around $59.77 with a P/E ratio of 16.2 and P/S ratio of 2.2. The dividend yield of The Procter & Gamble Company stocks is 3.2%. The Procter & Gamble Company had an annual average earning growth of 12.3% over the past 10 years. GuruFocus rated The Procter & Gamble Company the business predictability rank of 3.5-star.
Reduced: Conocophillips (COP)
Warren Buffett reduced to his holdings in Conocophillips by 14.83%. His sale prices were between $49.57 and $59.7, with an estimated average price of $54.39. The impact to his portfolio due to this sale was -0.46%. Warren Buffett still held 29,109,637 shares as of 06/30/2010.
ConocoPhillips is a major international integrated energy company with operations in some 49 countries. Conocophillips has a market cap of $81.27 billion; its shares were traded at around $54.93 with a P/E ratio of 10.3 and P/S ratio of 0.5. The dividend yield of Conocophillips stocks is 4%. Conocophillips had an annual average earning growth of 18.2% over the past 10 years.
