There’s no question that Warren Buffett is one of the most successful investors in the history of our world. The largest Berkshire Hathaway shareholder – and chairman and CEO – has been able to navigate his way through numerous bear and bull markets, all while becoming a multibillionaire throughout the process. Because of this, he is even one of the most followed investors in the world. And because of the latest, most recent filing, regular investors have the opportunity to take a peek at what Buffett is currently investing in.
Many of today’s institutional investment managers recently filed the mandatory 13-F with the SEC (Securities and Exchange Commission). This is a quarterly report filing of all equity holdings from managers that oversee at least $100 million or more in qualifying assets. This report must be filed within 45 days at the end of each quarter. The report will give you a quick glimpse at what hedge funds did during the past quarter, but please remember that each fund’s strategies and trading methods aren’t known, so take this information with the grain of salt.
Warren Buffett – also known as the Oracle of Omaha – is mostly known as a value investor. He will take large positions in companies that are well-established players and their market, and wait for Mr. Market to properly value them. His most recent filing with the SEC confirms this strategy. Berkshire Hathaway added to its positions in VeriSign and Suncor Energy, but the biggest Berkshire Hathaway investments include some of the largest, most popular blue chip stocks on Wall Street. Let’s take a look at the top 10 stocks owned by Berkshire Hathaway, based on their dollar value at the end of the third-quarter.
10. Goldman Sachs – it’s year-to-date performance has risen by 28%. Goldman Sachs did not show on the most recent 13-F, but it is widely known that Berkshire owns $2.1 billion worth of shares, which equates to 13 million shares in total. Berkshire Hathaway acquired the shares through warrants that they gained from an investment made during the financial crisis that started five years ago.
9. DirecTV – this company has also performed well by rising 28% this year. Berkshire Hathaway currently has 36.5 million shares of this company at the end of the third-quarter. In total, the position is worth about $2.2 billion. For comparison’s sake, Berkshire owned 37.3 million shares at the end of the second quarter, so they sold off a portion of the position.
8. U.S. Bancorp – the year-to-date performance is a 20% gain in value. This bank based out of Minnesota continuously appears to be one of Buffett’s favorites. He increased the stake a bit during the third quarter and now has 79.1 million shares, worth a total of $2.9 billion.