Archive for May 18th, 2010

Berkshire Hathaway – 1Q2010 Update (As of Mar31, 2010)

Tuesday, May 18th, 2010

Based on the latest update as of March 31st, 2010 of Berkshire Hathaway, below lists his top holdings and the most recent update on his positions:

These positions may represent a buying opportunity as this market correction has made these stocks substantially cheaper. The research and blessing of Berkshire Hathaway takes away the majority of the risk.

TOP 15 HOLDINGS — As of Mar 31st, 2010 ($50.9 Billions)

Company Name Symbol Percent Comments
Coca Cola KO 21.6 No Change
Wells Fargo WFC 19.56 No Change
American Express AXP 12.28 No Change
Proctor & Gamble PG 9.83 Sold 8,406,627 shares during first quarter, reducing stake by 9.6 percent.  Berkshire had sold 8,812,599 shares (-9.1%) during the fourth quarter
Kraft food KFT 6.34 Reduced by 22.8%
Wesco Financial WSC 4.32
Walmart WMT 4.26 No Change
US Bankcorp USB 3.51 No Change
Conoco Phillips COP 3.43 Sold 3,532,081 shares during first quarter, reducing stake by 9.4 percent.  Berkshire had cut its holdings by 19.7 million shares (-34.3%) during the fourth quarter.
Johnson & Johnson JNJ 3.06 Sold 3,241,019 shares during first quarter, reducing stake by 11.9 percent.  Berkshire had cut its holdings by 9,782,166 shares (-26.5%) during the fourth quarter
Moody MCO 1.8 Sold 1,030,734 shares during first quarter, reducing stake by 3.2 percent, as previously reported.  Berkshire had cut its stake by 7,404,702 shares (-18.9%) during the fourth quarter
Washington Post WPO 1.51 No Change
Nike NKE 1.1 No Change
M&T Bank MTB 0.87 Sold 1,151,779 shares during first quarter, reducing stake by 17.2 percent.  No sales during fourth quarter
Republic Services RSG 0.62 Bought 2,537,200 shares during first quarter, increasing stake by 30.6 percent.  Berkshire had bought 4,665,500 shares (+128.7%) during the fourth quarter

Positions Berkshire Has Sold Out of Completely – Positions to avoid
SunTrust Bank STI
Travelers TRV
UnitedHealth UNH
Wellpoint WLP

Reduced Positions
Gannett GCI Reduced by 20.98%
Costco COST Reduced by 17.5%
CarMax KMX Reduced by 3.43%
Moody’s (MCO): Reduced by 3% (we detailed these sales back when they occurred)

Other Positions With No Change
Bank of America BAC
Comcast CMCSA
Comdisco Holdings CDCO.OB
Exxon Mobil XOM
General Electric GE
GlaxoSmithKline GSK
Home Depot HD
Ingersoll-Rand IR
Lowe’s LOW
Nalco Holding NLC
Nestle NSRGY.PK
Sanofi Aventis SNY
Tiffany & Co TIF
Torchmark TMK
USG USG
United Parcel Service UPS

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