Warren Buffett’s 10 Favorite Stocks
Warren Buffett is one of the most successful investors in history. The chief executive officer and largest shareholder of Berkshire Hathaway (NYSE:BRKA) has navigated numerous bull and bear markets, becoming a multi-billionaire in the process. As a result, he is also one of the most closely followed investors. Courtesy of a new filing, individual investors have a peek at how Buffett 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 hedge funds 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 is best known as a value investor who takes large positions in well-established companies, waiting for Mr. Market to value them properly. His recent filing with the SEC reaffirms that image. Berkshire Hathaway raised its stake in Suncor Energy (NYSE:SU) and Verisign (NASDAQ:VRSN), but its biggest investments include some of the most popular blue chips known to Wall Street. Here’s a look at Berkshire’s top ten stocks, according to dollar value at the end of September.