Buffett's Berkshire Jumps Into National-Oilwell (NOV) and Phillips 66 (PSX), Boosts Wells Fargo (WFC)


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August 14, 2012 4:19 PM EDT Send to a Friend
Warren Buffett's Berkshire Hathaway issued its 13F for the second quarter ended June 30, 2012.

Notably, Buffett showed new stakes in National-Oilwell, Inc. (NYSE: NOV) and Phillips 66 (NYSE: PSX), raised his stake in Bank of New York (NYSE: BK), Viacom (NYSE: VIA-B), and Wells Fargo & Co. (NYSE: WFC) and liquidated Intel (Nasdaq: INTC)

New Stakes
National-Oilwell, Inc. (NYSE: NOV) new 2,841,200 share position
Phillips 66 (NYSE: PSX) new 27,163,918 share position

Raised Stakes
Bank of New York (NYSE: BK) raised from 5,607,466 shares to 18,719,515 shares
DaVita, Inc. (NYSE: DVA) raised from 6,000,000 shares to 9,300,000 shares
DIRECTV-A (NASDAQ: DTV) raised from 22,999,600 shares to 28,420,700 shares
GlaxoSmithKline PLC ADS (NYSE: GSK) raised from 67,837 shares to 68,833 shares
International Business Machines Corp. (NYSE: IBM) raised from 64,395,700 shares to 66,645,396 shares
Lee Enterprises, Inc. (NYSE: LEE) raised from 1,655,125 shares to 3,225,822 shares
LIBERTY MEDIA-CAP-A (NASDAQ: LMCA) raised from 3,000,000 shares to 5,500,000 shares
Viacom (NYSE: VIA-B) raised from 1,591,670 shares to 6,813,200 shares
Wells Fargo & Co. (NYSE: WFC) raised from 394,334,928 shares to 411,045,245 shares

Lowered Stakes
ConocoPhillips (NYSE: COP) lowered from 29,100,937 shares to 28,868,637 shares
CVS Caremark (NYSE: CVS) lowered from 7,106,500 shares to 5,301,916 shares
Dollar General (NYSE: DG) lowered from 3,637,164 shares to 3,320,885 shares
General Electric (NYSE: GE) lowered from 7,777,900 shares to 5,008,625 shares
Ingersoll-Rand (NYSE: IR) lowered from 636,000 shares to 20,400 shares
Johnson & Johnson (NYSE: JNJ) lowered from 29,018,127 shares to 10,333,128 shares
KRAFT FOODS-A (NASDAQ: KFT) lowered from 78,017,165 shares to 58,826,390 shares
Procter & Gamble Co. (NYSE: PG) lowered from 73,254,136 shares to 59,602,203 shares
Sanofi-Aventis ADS (NYSE: SNY) lowered from 4,063,675 shares to 153,526 shares
United Parcel Service Inc. Cl B (NYSE: UPS) lowered from 1,429,200 shares to 261,900 shares
U.S. Bancorp (NYSE: USB) lowered from 69,039,326 shares to 66,000,713 shares
VERISK ANLYTCS-A (NASDAQ: VRSK) lowered from 2,230,148 shares to 1,871,871 shares
Visa (NYSE: V) lowered from 2,865,008 shares to 2,079,659 shares

Liquidated Stakes
Intel (NASDAQ: INTC) liquidated

Maintained Stakes
American Express Co. (NYSE: AXP) maintained 151,610,700 share stake
Coca-Cola Co. (NYSE: KO) maintained 200,000,000 share stake
Costco Wholesale Corp (NASDAQ: COST) maintained 4,333,363 share stake
Gannett Co., Inc. (NYSE: GCI) maintained 1,740,231 share stake
General Dynamics Corp. (NYSE: GD) maintained 3,877,122 share stake
General Motors (NYSE: GM) maintained 10,000,000 share stake
M&T Bank Corp. (NYSE: MTB) maintained 5,382,040 share stake
MasterCard Cl A (NYSE: MA) maintained 405,000 share stake
Moodys Corp. (NYSE: MCO) maintained 28,415,250 share stake
Torchmark Corp. (NYSE: TMK) maintained 4,235,818 share stake
USG Corp. (NYSE: USG) maintained 17,072,192 share stake
Wal-Mart Stores (NYSE: WMT) maintained 46,708,142 share stake
Washington Post Co. Cl B (NYSE: WPO) maintained 1,727,765 share stake

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Related Categories

13Fs, Hedge Funds

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Warren Buffett, Wells Fargo

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