Tag: CHTR

What Warren Buffett has been Buying

by Fred Fuld III

Warren Buffett, top investor and one of the richest people in the world, is in charge of Berkshire Hathaway (BRKA) (BRKB) which is up about 50% over the last five years. Even during the last month, BRKA outperformed the S&P 500 by 1.3%. So many look to Buffett to see where he is investing his money.

According to the latest reported filing with the SEC, Berkshire has made the following purchases earlier this year:

Bank of America (BAC) bought 31,081,000 shares

US Bancorp (USB) bought 3,150,787 shares

Amazon (AMZN) bought 54,000 shares

Red hat (RHT) bought 61,419 shares

In regards to what Warren Buffett sold, he liquidated all shares of USG Corp. (USG), and sold 284,102 shares of Charter Communications (CHTR).

Disclosure: Author owns AMZN & BAC.

Warren Buffett has Been Buying Apple

Warren Buffett’s Berkshire Hathaway (BRK-A) (BRK-B) just filed its latest shareholdings with the SEC a few days ago, and shows some interesting data. Buffett has added to three new positions and reduced holdings in some stocks.

Most importantly, his shareholdings in Apple (AAPL) increased by almost four million shares during the third quarter of this year. Could that be the cause of the significant boost in the stock price or just a great call on the part of Buffett? Or both? After all, he made a great call on General Electric (GE) by dumping the stock earlier in the year.

Warren Buffett has also been adding to his positions in Monsanto (MON) and Synchrony Financial (SYF).

Reductions were made in the shareholdings of a few stocks. Berkshire sold over $17 million shares of IBM (IBM). Plus, he sold some Charter Communications (CHTR) stock and shares in Wells Fargo (WFC).

Warren Buffett has an outstanding track record, so reviewing his buys and sells may be helpful to you and your portfolio.