Investing

Major Changes in Warren Buffett & Berkshire Hathaway Stocks: American Airlines, Delta, Kinder Morgan, Wal-Mart, BNY Mellon and More

Warren Buffett was also shown to be a new investor in the major airlines. American Airlines Group Inc. (NASDAQ: AAL) was a new stake, and rather unusual considering that Buffett hates airlines (except NetJets of course). Still, this new stake was 21.77 million shares and was worth almost $800 million. United Continental Holdings Inc. (NYSE: UAL) was also listed as a new stake at 4.533 million shares, worth about $238 million. Delta Air Lines Inc. (NYSE: DAL) was listed as a new stake of 6.333 million shares, worth some $249.3 million at the end of September. CNBC’s Becky Quick also said that Southwest Airlines Co. (NYSE: LUV) was also a stake that was taken.

Other key holdings were shown as follows in the Berkshire Hathaway quarterly (13F-HR) filing:

Axalta Coating Systems Ltd. (NYSE: AXTA) was the same stake of 23.324 million shares, after having been listed as a new position of 20 million shares.

Bank of New York Mellon Corp. (NYSE: BK) was a larger stake again at 21.136 million shares as of September 30. This was previously shown as a 20.827 million shares, up from a prior 20.112 million. That stake was at 24.6 million shares in the past.

Charter Communications Inc. (NASDAQ: CHTR) was 9.443 million shares, and this position has fluctuated.

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

DaVita Inc. (NYSE: DVA) was the same 38.565 million shares, but this had been on an upward trend prior to Buffett entering into a standstill agreement not to buy more than 25% of the company.

Deere & Co. (NYSE: DE) was a slightly smaller stake at 21.085 million shares as of September 30. The prior stake was also smaller at 21.959 million shares, down from 23.28 million shares.

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

General Motors Co. (NYSE: GM) was the same stake of exactly 50 million shares, but this previously had been raised from 41 million shares last year.

Goldman Sachs Group Inc. (NYSE: GS) was the same stake of 10.959 million shares, but this had been as high as 12.631 million shares prior to the end of 2015.

Graham Holdings Co. (NYSE: GHC) remains the same tiny stake of 107,575 shares in the remains of Washington Post breakup.

Johnson & Johnson (NYSE: JNJ) was the same tiny stake of only 327,100 shares, but Buffett watchers have known this is a leftover bit from a much larger stake in years past.

Kinder Morgan Inc. (NYSE: KMI) was a lower stake and was last seen down at 20 million shares in September, versus 26.533 million shares as of June 30. This was the same stake as in March and was selected by one of Buffett’s portfolio managers rather than on his own.

Lee Enterprises Inc. (NYSE: LEE) was the same tiny stake of only 88,863 shares.

Liberty Media Corp. (NASDAQ: LMCA) and Liberty Global PLC (NASDAQ: LBTYA) are both again listed as Buffett and Berkshire Holdings. These are counted as Class A and Class C shares, so we will leave this stakes simplified just like that.

M&T Bank Corp. (NYSE: MTB) was the same position at 5.382 million shares — same as always.