Warren Buffett’s Top 10 Favorite Stocks
Warren Buffett is one of the most successful and widely followed investors of all time. The chief executive officer and largest shareholder of Berkshire Hathaway (NYSE:BRKA) has managed to navigate financial turmoil for decades while providing timeless words of wisdom. Courtesy of a new filing, he also offers investors a peek at how the multi-billionaire is investing.
Many institutional investment managers recently filed their mandatory 13-F with the Securities & Exchange Commission. The filing is a quarterly report of equity holdings required by managers that oversee more than $100 million in qualifying assets and must be filed within 45 days of the end of each quarter. The 13-F provides a glance at what firms did in the previous quarter, but investors should keep in mind that hedging and trading strategies of each fund are still unknown.
The Oracle of Omaha made several changes to his portfolio in the fourth-quarter. Berkshire Hathaway raised its stakes slightly in Wells Fargo (NYSE:WFC), Wal-Mart (NYSE:WMT), U.S. Bancorp (NYSE:USB), and Exxon Mobil (NYSE:XOM). There was also a new position in Liberty Global (NASDAQ:LBTYA) worth $262.4 million. However, the conglomerate reduced positions in Suncor Energy (NYSE:SU) and ConocoPhillips (NYSE:COP), and completely sold out of DISH Network (NASDAQ:DISH) and GlaxoSmithKline (NYSE:GSK).
Berkshire Hathaway’s biggest investments include some of the most popular blue chips known to Wall Street. Here’s a look at Berkshire’s top ten holdings, according to dollar value at the end of December.