Buffett's Berkshire Set to Unveil New Confidential Stake Today

Warren Buffett's Berkshire Hathaway fourth-quarter 13F is due to be filed with the SEC today and it is expected to hold a major goodie.

For the first time in years, Buffett disclosed with the third-quarter 13F that the firm is withholding confidential information. This means Buffett is building a new large stake and is not ready to tell the world about it. SEC rules allow the withholding of confidential information if the investment firm can prove that disclosing the information would be detrimental to the firm.

The last time Buffett used the confidential disclosure was in 2015 when he was building a position in Phillips 66.

While it is unclear what stock Buffett & Co. are currently accumulating, there have been recent vague rumors the firm was accumulating a position in PayPal (NASDAQ: PYPL). This could make sense as he already owns American Express (NYSE: AXP), Mastercard (NYSE: MA) and Visa (NYSE: V).

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