[巴菲特班] 3Q12波克夏賣光JNJ和GE

網誌： 巴菲特班 洪瑞泰 (Michael On)
文章： 3Q12波克夏賣光JNJ和GE
連結： http://mikeon88.blogspot.com/2012/11/3q12jnjge.html

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波克夏是在賣貴的股票，買便宜的

http://www.cnbc.com/id/49827014

Buffett's Berkshire Sells Most of J&J and GE Stakes

Published: Wednesday, 14 Nov 2012 | 5:06 PM ET Text Size 
By: Alex Crippen  Executive Producer

Warren Buffett's Berkshire Hathaway has eliminated almost all of its stakes in Johnson & Johnson [JNJ  69.27     -0.24  (-0.35%)    ] and General Electric [GE  20.01     -0.67  (-3.24%)    ].

According to Berkshire's 13-F filing with the SEC, the company held just over 492-thousand shares of J&J as of September 30.  That's a 95 percent reduction from the 10.3 million shares it reported holding as of June 30. The market value of the remaining holdings is just $34 million, down $682 million.

Berkshire's GE stock has been slashed to 588,900 shares. That's down 88 percent from just over five million shares three months earlier.  That stake is now worth just under $12 million, down $88.4 million.

Three relatively small holdings were eliminated during the quarter:

Ingersoll-Rand [IR  45.29     -0.80  (-1.74%)   ] 
20,400 shares worth about $923,000

Dollar General [DG  47.18     0.58  (+1.24%)    ] 
3,320,885 shares worth $157 million

CVS Caremark [CVS  45.41     -0.82  (-1.77%)    ] 
5,301,916 shares worth $241 million

A few stocks were added to Berkshire's portfolio during the third quarter, but they all appear to have been purchased by one of Berkshire's new portfolio managers, Todd Combs or Ted Weshler.

The biggest addition is Deere & CO. [DE  84.74     -0.95  (-1.11%)    ] with almost 4 million shares worth $337 million.

The filing also shows Berkshire owned 1,248,901 shares of Precision Castparts [PCP  173.30     -4.25  (-2.39%)    ] at the end of the quarter. That stake is currently worth $216 million,

The smallest addition is Wabco Holdings [WBC  57.64     -1.53  (-2.59%)   ] with almost 1.6 million shares worth $92 million.

Increased Stakes

General Motors [GM  24.17     -0.65  (-2.62%)    ] 
Up 5,000,000 shares to 15,000,000. (+50%)

National Oilwell Varco [NOV  69.55     -1.18  (-1.67%)    ]
Up 1,345,600 shares to 4,186,800. (+47%)

Viacom [VIA.B  48.28     -1.72  (-3.44%)    ]
Up 794,000 shares to 7,607,200. (+12%)

Bank of New York Mellon [BK  23.54     -0.47  (-1.96%)    ]
Up 914,400 shares to 19,633,915 (+5%)

DirecTV [DTV  48.235     -0.305  (-0.63%)    ]
Up 1,134,9000 shares to 29,555,600 (+4%)

Wells Fargo [WFC  31.43     -0.59  (-1.84%)    ]
Up 11,504,300 shares to 422,549,545 (+3%)

IBM [IBM  185.51     -2.81  (-1.49%)    ]
Up 872,500 shares to 67,517,896 (+1%)

Decreased Stakes

United Parcel Service [UPS  70.2991     -1.5609  (-2.17%)    ]
Down 202,500 shares to 59,400 (-77%)

Lee Enterprises [LEE  1.56     -0.03  (-1.89%)    ]
Down 2,095,102 shares to 1,130,720 (-65%)

Kraft Foods Inc. (Pre-Spinoff)
Down 28,362,040 shares to 30,464,350 (-48%)

Visa [V  139.95     -2.17  (-1.53%)    ]
Down 524,200 shares to 1,555,459 (-25%)

Verisk Analytics [VRSK  48.49     -0.55  (-1.12%)    ]
Down 308,437 shares to 1,563,434 (-16%)

ConocoPhillips [COP  54.77     -0.58  (-1.05%)    ]
Down 4,744,726 shares to 24,123,911 (-16%)

Procter & Gamble [PG  66.53     -0.32  (-0.48%)    ]
Down 6,809,125 shares to 52,793,078 (-11%)

US Bancorp [USB  31.33     -0.38  (-1.2%)    ]
Down 4,736,112 shares to 61,264,601 (-7%)

The filing shows that Berkshire now owns 400 million shares of Coca-Cola [KO  36.01     -0.15  (-0.41%)    ] instead of the 200 million listed as of June 30.  That increase, however, is the result of a two-for-one stock split during the quarter, and doesn't represent new buying.