Warren Buffett Buys Wells Fargo, Chicago Bridge & Iron Co. ...

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Warren Buffett 's investment company Berkshire Hathaway just reported its first quarter portfolio. Berkshire bought more Wells Fargo, VeriSign, DirecTV, DaVita HealthCare Partners, National Oilwell Varco, Inc., Wal-Mart Stores Inc, sells General Dynamics, Archer-Daniels Midland Company, Mondelez International etc according to the most recent filings of his investment company, Berkshire Hathaway.

A new position Berkshire bought is Chicago Bridge & Iron Company. The company provides conceptual design, technology, engineering, procurement, fabrication and construction, commissioning and associated maintenance services to customers in the energy and natural resource industries.

As of 03/31/2013, Berkshire Hathaway owns 41 stocks with a total value of $85 billion. These are the details of the buys and sells.

  • New Purchases: CBI ,
  • Added Positions: WFC , VRSN , DTV, DVA, NOV, WMT,
  • Reduced Positions: MDLZ,
  • Sold Out: GD, ADM,
For the details of Warren Buffett's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Warren+Buffett

This is the sector weightings of his portfolio:

Financial Services 38.3%
Consumer Defensive 29.6%
Technology 17.6%
Energy 4.5%
Healthcare 2.5%
Communication Services 2.5%
Consumer Cyclical 1.9%
Industrials 1.5%
Basic Materials 0.5%



These are the top 5 holdings of Warren Buffett

  1. Wells Fargo & Co ( WFC ) - 458,170,323 shares, 19.9% of the total portfolio. Shares added by 4.16%
  2. Coca-Cola Co ( KO ) - 400,000,000 shares, 19.0% of the total portfolio.
  3. International Business Machines Corp ( IBM ) - 68,121,984 shares, 17.1% of the total portfolio. Shares added by 0.01%
  4. American Express Co ( AXP ) - 151,610,700 shares, 12.0% of the total portfolio.
  5. Procter & Gamble Co ( PG ) - 52,793,078 shares, 4.8% of the total portfolio.


New Purchase: Chicago Bridge & Iron Company ( CBI )

Warren Buffett initiated holdings in Chicago Bridge & Iron Company. His purchase prices were between $46.35 and $62.1, with an estimated average price of $52.76. The impact to his portfolio due to this purchase was 0.48%. His holdings were 6,508,600 shares as of 03/31/2013.

Sold Out: General Dynamics (GD)

Warren Buffett sold out his holdings in General Dynamics. His sale prices were between $64.57 and $71.86, with an estimated average price of $68.79.

Sold Out: Archer-Daniels Midland Company (ADM)

Warren Buffett sold out his holdings in Archer-Daniels Midland Company. His sale prices were between $27.39 and $33.73, with an estimated average price of $30.7.

Added: Wells Fargo & Co ( WFC )

Warren Buffett added to his holdings in Wells Fargo & Co by 4.16%. His purchase prices were between $34.18 and $38.2, with an estimated average price of $35.63. The impact to his portfolio due to this purchase was 0.79%. His holdings were 458,170,323 shares as of 03/31/2013.

Added: VeriSign, Inc. ( VRSN )

Warren Buffett added to his holdings in VeriSign, Inc. by 121.78%. His purchase prices were between $38 and $47.27, with an estimated average price of $43.83. The impact to his portfolio due to this purchase was 0.25%. His holdings were 8,174,100 shares as of 03/31/2013.

Added: Directv ( DTV )

Warren Buffett added to his holdings in Directv by 9.51%. His purchase prices were between $47.77 and $57.24, with an estimated average price of $51.9. The impact to his portfolio due to this purchase was 0.22%. His holdings were 37,275,400 shares as of 03/31/2013.

Added: DaVita HealthCare Partners Inc ( DVA )

Warren Buffett added to his holdings in DaVita HealthCare Partners Inc by 10.04%. His purchase prices were between $108.29 and $123.35, with an estimated average price of $115.86. The impact to his portfolio due to this purchase was 0.19%. His holdings were 14,973,906 shares as of 03/31/2013.

Added: National Oilwell Varco, Inc. ( NOV )

Warren Buffett added to his holdings in National Oilwell Varco, Inc. by 41.35%. His purchase prices were between $66.26 and $74.14, with an estimated average price of $69.62. The impact to his portfolio due to this purchase was 0.18%. His holdings were 7,484,300 shares as of 03/31/2013.

Added: Wal-Mart Stores Inc ( WMT )

Warren Buffett added to his holdings in Wal-Mart Stores Inc by 3.68%. His purchase prices were between $68.23 and $74.85, with an estimated average price of $70.98. The impact to his portfolio due to this purchase was 0.15%. His holdings were 49,247,235 shares as of 03/31/2013.

Reduced: Mondelez International Inc (MDLZ)

Warren Buffett reduced to his holdings in Mondelez International Inc by 45.07%. His sale prices were between $25.453 and $30.615, with an estimated average price of $27.86. The impact to his portfolio due to this sale was -0.19%. Warren Buffett still held 7,052,750 shares as of 03/31/2013.

Reduced: Moody's Corporation (MCO)

Warren Buffett reduced to his holdings in Moody's Corporation by 1.47%. The impact to his portfolio due to this sale was -0.03%. Warren Buffett still held 24,922,178 shares as of 03/31/2013.

Reduced: Moody's Corporation (MCO)

Warren Buffett reduced to his holdings in Moody's Corporation by 5.16%. The impact to his portfolio due to this sale was -0.12%. Warren Buffett still held 25,293,539 shares as of 03/31/2013.

Reduced: Moody's Corporation (MCO)

Warren Buffett reduced to his holdings in Moody's Corporation by 6.15%. The impact to his portfolio due to this sale was -0.14%. Warren Buffett still held 26,668,550 shares as of 03/31/2013.

Here is the complete portfolio of Warren Buffett. Also check out:

1. Warren Buffett's Undervalued Stocks
2. Warren Buffett's Top Growth Companies, and
3. Warren Buffett's High Yield stocks
4. Stocks that Warren Buffett keeps buyingAbout GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: AXP , IBM , KO , PG , WFC

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