Warren Buffett Accumulates NRG Energy (NRG) Stock; Raises Stakes in Ingersoll-Rand (IR) and Union Pacific (UNP)

August 14, 2008 5:40 PM EDT

Summary of Warren Buffett's Berkshire Hathaway 13F for the quarter ended June 30, 2008.

Buffett showed a new stake in NRG Energy (NYSE: NRG), raised his stakes in Ingersoll-Rand (NYSE: IR) and Union Pacific (NYSE: UNP). Buffett lowered his stakes in Anheuser-Busch (NYSE: BUD), which was acquired by InBev. Buffett maintained his position is large holding Wells Fargo & Company (NYSE: WFC), which is worth nearly $9B. He also maintained his massive positions in Procter & Gamble (NYSE: PG) ($7.4B), Burlington Northern (NYSE: BNI) ($6.3B), American Express (NYSE: AXP) ($5.8B) and Kraft (NYSE: KFT) ($4.5B), among others. Buffett filed confidential information with the SEC on ConocoPhillips (NYSE: COP), he was holding 17,508,700 shares at the latest quarter.

New Stakes:
NRG Energy (NYSE: NRG) new 3,238,100 shares

Raised Stakes:
Ingersoll-Rand Co. Ltd. (NYSE: IR) from 936,600 shares to 5,636,600 shares
Union Pacific Corp. (NYSE: UNP) from 4,453,000 shares to 8,906,000 shares (2-for-1 stock split)

Lowered Stakes:
Anheuser-Busch Companies Inc. (NYSE: BUD) 35,563,200 shares to 13,845,000 shares (takeover)

Maintained Stakes:
American Express Company (NYSE: AXP) 151,610,700 shares
Bank of America Corporation (NYSE: BAC) 9,100,000 shares
Burlington Northern Santa Fe Corp. (NYSE: BNI) 63,785,418 shares.
CarMax Inc. (NYSE: KMX) 21,300,000 shares
Coca-Cola Co. (NYSE: KO) 200,000,000 shares
Comcast (Nasdaq: CMCSA) 12,000,000 shares
Comdisco Holding Co. Inc. (OTCBB: CDCO) 1,537,866 shares
Costco Wholesale Corp. (Nasdaq: COST) 5,254,000 shares
Gannett Co., Inc. (NYSE: GCI) 3,447,600 shares
General Electric Co. (NYSE: GE) 7,777,900 shares
GlaxoSmithKline (NYSE: GSK) 1,510,500 shares
Home Depot (NYSE: HD) 4,181,000 shares
Iron Mountain Inc. (NYSE: IRM) 3,372,200 shares
Johnson & Johnson (NYSE: JNJ) raised to 61,754,448 shares
Kraft Foods (NYSE: KFT) 138,272,500 shares.
Lowe's Companies Inc. (NYSE: LOW) 7,000,000 shares
M&T Bank Corp. (NYSE: MTB) 6,715,060 shares
Moody's Corp. (NYSE: MCO) 48,000,000 shares
Nike Inc. (NYSE: NKE) 7,641,000 shares
Norfolk Southern Corp. (NYSE: NSC) 1,933,000 shares
Procter & Gamble Co. (NYSE: PG) 105,847,000 shares
Sanofi-Aventis (NYSE: SNY) 3,569,905 shares
SunTrust Banks Inc. (NYSE: STI) 3,204,600 shares
Torchmark Corp. (NYSE: TMK) 2,823,879 shares
US Bancorp (NYSE: USB) 68,631,026 shares
USG Corp. (NYSE: USG) 17,072,192 shares
United Parcel Service, Inc. (NYSE: UPS) 1,429,200 shares
Unitedhealth Group, Inc. (NYSE: UNH) 6,400,000 shares
WABCO Holdings Inc. (NYSE: WBC) 2,700,000 shares
Wal-Mart (NYSE: WMT) 19,944,300 shares
Washington Post Co. (NYSE: WPO) 1,727,765 shares
WellPoint Inc. (NYSE: WLP) 4,500,000 shares
Wesco Financial Corp. (NYSE: WSC) 5,703,087 shares
Wells Fargo & Company (NYSE: WFC) 290,654,868 shares
Wellpoint Inc. (NYSE: WLP) from 4,500,000 shares to 4,800,000 shares

Track all Warren Buffett news here. StreetInsider.com Premium members can set up e-mail alerts on Buffett so you don't miss a thing.

Related Categories

Insiders' Blog
Trader Talk

Stocks Mentioned

Related Entities

• Warren Buffett
• Banc of America

Comments

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?