Warren Buffett Portfolio Grows By $12 Billion as He Makes 3 Big Buys

The latest SEC filing from Berkshire Hathaway is in, and Warren Buffett has added a big stake in Goldman Sachs, doubled his position in USG Corp, and grew his holding of General Electric by seventeen times.

Feb 14, 2014 at 7:19PM

The latest data from Warren Buffett's Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) is in, and it turns out Buffett made a few major purchases in the fourth quarter.

Source Coca Cola

Source: Coca-Cola.

Once again, Berkshire held the public stock of 43 companies, but the total value of the holdings grew from $92 billion at the end of September to $104 billion at the end of 2013. The top of the portfolio stayed relatively unchanged, but thanks to the growth in price the stock at American Express, it and IBM swapped places, with American Express now being the third largest holding of Buffett at $13.8 billion, and IBM coming in fourth at $12.7 billion.

Wells Fargo still remained at the top of the portfolio, with a value eclipsing $21 billion, and Berkshire still owned 400 million shares of Coca-Cola, now worth more than $16.5 billion. Interestingly enough, Buffett added a little more than 325,000 shares of Wells Fargo, but considering he owned 463 million already, it didn't make much of a difference.

Big additions
For the third quarter in a row, Buffett bought stock of ExxonMobil, adding 3% to his total stake, making it the 6th largest position in his portfolio, worth $4.1 billion. Buffett and team (particularly portfolio manager Ted Weschler) also upped their stake in DaVita HealthCare Partners by 16% -- which now brings his total investment to $2.3 billion.

Insider Monkey

Source: Flickr / Insider Monkey.

Perhaps the biggest news though is that Berkshire has held onto a $2.2 billion position in Goldman Sachs (NYSE:GS), making it the 11th largest in his portfolio. Typically Buffett favors commercial banks, like Wells Fargo and US Bancorp, however, he made a $5 billion investment in Goldman during the financial crisis. When Goldman Sachs and Berkshire amended the terms of the warrants in early 2013, Berkshire Hathaway took the profit in the form of common stock.

In addition to the Goldman Sachs addition, Buffett also more than doubled his position in USG Corp (NYSE:USG), bringing the total investment from $487 million to $990 million. The building material manufacturer and distributor watched its stock stay essentially flat throughout the fourth quarter, but its price has actually risen by more than 20% already in 2014. Certainly Buffett is likely very happy about that.

The final big news from the Berkshire Hathaway portfolio was the sizable addition of General Electric (NYSE:GE). Buffett and team upped their position in GE by more than 17 times, as they added almost 10 million shares worth of the company. In total, the position has now grown from being worth just $14 million to almost $300 million. In March of 2012, Berkshire had a position in GE worth nearly $160 million, but unloaded it to just a $13 million stake in September of 2012.

Clearly his opinion has shifted on the well-known American company, and he has expressed as much with his sizable purchase of General Electric's common stock.

Learning more from Warren
Curious why Warren Buffett bought more of a few well-known companies? The reality is, he has made billions through his investing and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.

Patrick Morris owns shares of Berkshire Hathaway, Coca-Cola, ExxonMobil, and General Electric Company. The Motley Fool recommends American Express, Berkshire Hathaway, Coca-Cola, and Goldman Sachs. The Motley Fool owns shares of Berkshire Hathaway, Coca-Cola, General Electric Company, and International Business Machines. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

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David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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