Banking, finance, and taxes
Week of Whale Watching, Billionaire & Fund Manager Stock Picks (BRK-A, HCA, MRO, BAC, C)
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This week we highlighted some of the big whale watching portfolio changes. Yep, the stock holdings from the likes of Warren Buffett at Berkshire Hathaway Inc. (NYSE: BRK-A), and other great billionaire investing whales like Paulson, Soros, Einhorn, Icahn, and others were released. What is interesting is that if you strip out the additional stocks bought and sold, you can start to see some trends in certain stocks from the top fund managers out there.
It turns out that HCA Inc. (NYSE: HCA) has now become one of the top fresh additions by many of the top fund managers. Another addition was seen in Marathon Oil Corporation (NYSE: MRO). Then there is the Wall of Shame where some of the top funds cut positions in Bank of America Corporation (NYSE: BAC) and in Citigroup, Inc. (NYSE: C). These and others were highlighted by Reuters in an audio-video showing other positions and much more detail.
Our own reviews showed the full holdings of Berkshire Hathaway Inc. (NYSE: BRK-A), although we were very disappointed that the SEC gave confidential privilege to not show new holdings under Berkshire Hathaway’s new fund manager. We then also noted some of the key changes seen from the likes of billionaires such as John Paulson, George Soros, Bruce Berkowitz, Carl Icahn and David Einhorn. Those were shown in summary to eliminate the overlaps.
Speaking of gurus, we also got some picks from fund managers given to us in private interviews. We were given key dividend picks in a Dividend 8-Pack for dividend growth stocks as well as some key gold picks with $1,700.00 gold coming from a gold fund portfolio manager.
JON C. OGG
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