viernes, 16 de noviembre de 2018

Cartera de W. Buffett a 30 de septiembre


Fuente: Zerohedge.com

Buffett added 2 new banks to his portfolio, JPMorgan and PNC Financial, adding some 35.7 million shares of the former and 6.1 million shares of the latter, amounting to $4 billion and $829 million as of Sept. 30, respectively.

Why the bank additions? Buffett may be hoping that a stronger U.S. economy and rising interest rates will benefit the nation’s biggest banks. In fact, Berkshire is now a major shareholder in four of the five biggest U.S. banks - only Citi is not on the list - and he boosted his investments in Bank of America Corp. by 29 percent and Goldman Sachs Group Inc. by 38 percent (more below).
Berkshire entered new stakes in Oracle in the third quarter (41.4 million shares, or $2.1BN as of Sept 30) and put on a new bet on insurer Travelers (3.5 million shares, amounting to $460MM), which is somewhat surprising as it competes with Berkshire's own Geico unit. These new positions were offset by exits in his smallish positions in Walmart and Sanofi.
Buffett also boosted his stakes in Apple by 523K shares, bringing his total to 252.5MM shares, amounting to $57 billion as of Sept. 30, a number which is about 20% lower today, when the world's most valuable entered a bear market. Berkshire also added to its stakes in Bank of America, US Bancorp, Goldman, Bank of New York Mellon - in fact his 77.8 million stake makes him BoNY's top shareholder with a 7.9% stake in the custody bank - as well as Delta, and General Motors.
With these latest additions, Buffett is now the biggest shareholder in Bank of America, Bank of New York, Wells Fargo and US Bancorp.
Buffett also unexpectedly cut stakes in what was formerly his favorite bank, Wells Fargo, which is now his 3rd most valuable position at $23.2BN as of Sept 30, after top holding Apple and dropping behind Bank of America, his 2nd largest holding at the end of Q3 at $25.8BN as of Sept 30. Berkshire also cut stakes in Phillips 66, as well as several airlines including American Airlines, United Continental, and Southwest.

Warren Buffett - Berkshire Hathaway
Period: Q3 2018
Portfolio date: 30 Sep 2018
No. of stocks: 46
Portfolio value: $221,020,177,000
HistoryStock% of portfolioSharesRecent activityReported Price*Value
≡AAPL - Apple Inc.25.79252,478,779Add 0.21%$225.74$56,994,561,000
≡BAC - Bank of America Corp.11.69877,248,600Add 29.20%$29.46$25,843,745,000
≡WFC - Wells Fargo10.52442,361,700Reduce 2.14%$52.56$23,250,531,000
≡KO - Coca Cola Co.8.36400,000,000$46.19$18,476,000,000
≡KHC - Kraft Heinz Co.8.12325,634,818$55.11$17,945,735,000
≡AXP - American Express7.30151,610,700$106.49$16,145,025,000
≡USB - U.S. Bancorp2.98124,923,092Add 24.06%$52.81$6,597,189,000
≡MCO - Moody's Corp.1.8724,669,778$167.20$4,124,787,000
≡GS - Goldman Sachs Group1.8618,353,635Add 38.47%$224.24$4,115,619,000
≡JPM - JPMorgan Chase & Co.1.8235,664,767Buy$112.84$4,024,412,000
≡BK - Bank of New York1.8077,849,476Add 20.14%$50.99$3,969,546,000
≡DAL - Delta Air Lines Inc.1.7165,535,000Add 2.94%$57.83$3,789,889,000
≡LUV - Southwest Airlines1.5856,047,399Reduce 0.88%$62.45$3,500,160,000
≡DVA - DaVita HealthCare Partners1.2538,565,570$71.63$2,762,452,000
≡CHTR - Charter Communications1.087,340,985Reduce 2.17%$325.88$2,392,280,000
≡UAL - United Continental Holdings1.0525,984,542Reduce 2.62%$89.06$2,314,183,000
≡ORCL - Oracle Corp.0.9741,404,791Buy$51.56$2,134,832,000
≡VRSN - Verisign Inc.0.9412,952,745$160.12$2,073,994,000
≡AAL - American Airlines Group Inc.0.8243,700,000Reduce 2.24%$41.33$1,806,121,000
≡GM - General Motors0.8052,461,411Add 2.08%$33.67$1,766,376,000
≡PSX - Phillips 660.7915,433,024Reduce 55.56%$112.72$1,739,611,000
≡USG - USG Corp.0.7639,002,016$43.31$1,689,178,000
≡V - Visa Inc.0.7210,562,460$150.09$1,585,320,000
≡LSXMK - Liberty SiriusXM Series C0.6131,090,985$43.45$1,350,903,000
≡MA - Mastercard Inc.0.504,934,756$222.61$1,098,526,000
≡COST - Costco Co.0.464,333,363$234.88$1,017,820,000
≡TEVA - Teva Pharmaceutical Industries Ltd.0.4243,249,295$21.54$931,589,000
≡MTB - M&T Bank Corp.0.405,382,040$164.54$885,561,000
≡SIRI - Sirius XM Holdings Inc.0.39137,915,729$6.32$871,627,000
≡PNC - PNC Financial Services0.386,087,319Buy$136.19$829,032,000
≡AXTA - Axalta Coating Systems Ltd.0.3224,264,000$29.16$707,538,000
≡LSXMA - Liberty Sirius XM Series A0.2914,860,360$43.44$645,535,000
≡SYF - Synchrony Financial0.2920,803,000$31.08$646,557,000
≡LBTYA - Liberty Global Inc.0.2619,791,000$28.93$572,553,000
≡TMK - Torchmark Corp.0.256,353,727$86.69$550,804,000
≡QSR - Restaurant Brands International0.238,438,225$59.28$500,218,000
≡STOR - STORE Capital Corp.0.2318,621,674$27.79$517,496,000
≡TRV - Travelers Companies Inc.0.213,543,688Buy$129.71$459,652,000
≡LBTYK - Liberty Global Inc. C0.097,346,968$28.16$206,891,000
≡LILA - Liberty LiLAC Group A0.032,714,854$20.84$56,578,000
≡JNJ - Johnson & Johnson0.02327,100$138.17$45,195,000
≡MDLZ - Mondelez International0.01578,000$42.96$24,831,000
≡PG - Procter & Gamble0.01315,400$83.23$26,251,000
≡LILAK - Liberty LiLAC Group C0.011,284,020$20.63$26,489,000
≡UPS - United Parcel Service0.0059,400$116.75$6,935,000
≡VZ - Verizon Communications0.00928$53.88$50,000

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