Investing

Major Changes Seen in Warren Buffett and Berkshire Hathaway Stock Holdings

Kraft Heinz Co. (NYSE: KHC) was listed as a massive 325,634,818 shares, worth almost $23 billion at the end of September. This was already known to be a much larger stake after having seen the Kraft-Heinz deal close. That stake was listed as being over $23.5 billion all-in on Kraft-Heinz, as of the previously released September 30 balance sheet. Keep in mind that this was listed outside of being in the grouped equities amount previously of $106.1 billion. See more on Kraft Heinz below.

Phillips 66 (NYSE: PSX) was a total of 61.486 million shares. This stake had been classified as an elimination one quarter ago, but that was really because Buffett got the stake classified confidential. The June 30 stake was really about 29.7 million shares for a 5.57% stake, but that was indicated to be even higher in more recent data we had seen.

Precision Castparts Corp. (NYSE: PCP) is also now an immaterial stake as Berkshire Hathaway has made a formal acquisition offer after having raised its stake to 4.2 million shares in March from 2.853 million shares at the end of 2014 (and versus 2.08 million shares previously). That was listed as the same stake, but in reality this is soon to be a wholly owned subsidiary of Berkshire Hathaway.

The full list of additional Warren Buffett and Berkshire Hathaway stock holdings as of September 30, 2015 is as follows, with changes noted:

Axalta Coating Systems Ltd. (NYSE: AXTA) was listed as a larger stake of 23,199,474 shares, and that was after being a new position of 20 million shares.

Bank of New York Mellon Corp. (NYSE: BK) was the same stake of 20.68 million shares. This had drifted lower prior to the second quarter. Prior quarters were 22.012 million shares and 23.377 million shares, respectively. This used to be static at 24.6 million shares.

Charter Communications Inc. (NASDAQ: CHTR) was a larger stake at 8.51 million shares, up from the slight drop to 5.979 million shares in March. This stake previously had been raised to 6.198 million shares from 4.95 million shares previously. Also, Charter was a new stake in 2014.

Chicago Bridge & Iron Co. (NYSE: CBI) was a smaller stake yet again at 1.983 million shares. This was at 9.33 million shares in June, versus the 10.701 million shares March. That is after having been raised in 2014 and in 2013.

Costco Wholesale Corp. (NASDAQ: COST) was the same stake at 4,333,363 shares.

DaVita Inc. (NYSE: DVA) was the same stake at 38.565 million shares in September versus June. Prior to March, this DaVita stake had been raised on and off in prior quarters. As a reminder, Buffett has entered into a standstill agreement not to buy more than 25% of the company, after already having increased the stake in prior quarters.

Deere & Co. (NYSE: DE) was listed as a slightly smaller stake of 17.052 million shares, barely lower than the 17.31 million shares that had been there in June and previously.

General Electric Corp. (NYSE: GE) was the same stake of 10.585 million shares, but this was raised earlier in 2014 and had been telegraphed before because of the warrants.

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General Motors Co. (NYSE: GM) was a raised stake of 50 million shares at the end of September. This stake was 41 million shares previously, but that is after having previously been raised.