Industrials
Buffett & Berkshire Hathaway Stock Holdings, A to L (BRK-B, BRK-A, AXP, BK, KO, CDCO, COP, COST, DG, XOM, GCI, GE, GSK, JNJ, KFT, LZ)
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Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of June 30, 2011. These public stock holdings have been broken down into two groups of ‘A to L’ and ‘M to Z’ so it is more concise and clear to see the path of changes. We have included some accompanying notes on each. Keep in mind that Todd Combs is a new portfolio manager and his new positions were given ‘special exemptions’ from being disclosed last quarter.
American Express Co. (NYSE: AXP) was over 151.6 million shares, SAME AS last quarter.
Bank of New York Mellon Corp. (NYSE: BK) was 1,793,915 shares, SAME AS last quarter.
Coca Cola Co. (NYSE: KO) was right at 200 million shares, SAME AS BEFORE.
Comdisco Holdings (NASDAQ: CDCO) was roughly 1.5 million shares, SAME AS BEFORE.
ConocoPhillips (NYSE: COP) is roughly 29.1 million shares, SAME AS BEFORE but it is still lower than previous quarters.
Costco Wholesale (NASDAQ: COST) 4,333,363 Shares, SAME AS last quarter after having lowered it before.
Dollar General Corporation (NYSE: DG) is a NEW POSITION of 1,497,800 shares, which is also one of our own Top Stocks for the Next Decade.
Exxon Mobil Corp. (NYSE: XOM) was 421,800 shares; SAME AS before but lower than the 1.276 million shares originally.
Gannett Co. (NYSE: GCI) was 1.74 million, SAME AS BEFORE but decreased in prior quarters.
General Electric Corp. (NYSE: GE) is 7.777 million shares; SAME AS before. Please note that this does not include the huge preferred shares from late in 2008 that are likely to be called from Buffett later this year.
GlaxoSmithKline (NYSE: GSK) 1.51 million shares, SAME AS last quarter.
Ingersoll-Rand (NYSE: IR) was 636,600; SAME AS last quarter but still way down from prior reports.
Johnson & Johnson (NYSE: JNJ) was just over 42.6 million shares; SAME AS last quarter but well under the peak of 62 million shares at one point in prior quarters.
Kraft Foods (NYSE: KFT) was 99,467,624 shares; DOWN FROM the 105.21 million last quarter but lower than before selling during the Cadbury purchase.
Lubrizol Corporation (NYSE: LZ) was not listed as a formal holding, but Berkshire Hathaway is still in the acquisition process.
What is interesting is that Berkshire Hathaway STILL does not full reflect its full holdings: Confidential information has been omitted from the Form 13F and filed separately with the Commission. It looks as though Warren Buffett was again given permission to delay or omit some of the new holdings.
PAGE TWO…BUFFETT HOLDINGS ‘M to Z’
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JON C. OGG
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