Buffett’s Most Recent Stock Purchases

November 16, 2010

Warren Buffett’s holding company, Berkshire Hathaway, has just released its latest portfolio changes for the quarter ended September 30.

Here’s a summary of what he’s been buying and selling…


  • Bought Bank of New York Mellon (BK) — new position
  • Added another $81 million worth of Johnson & Johnson (JNJ) shares
  • Added another $426 million worth of Wells Fargo (WFC) shares


  • Reduced his stake in Ingersoll-Rand (IR)
  • Reduced his stake in Nike (NKE)
  • Reduced his stake in Comcast (CMCSK)
  • Reduced his stake in Fiserv (FISV)
  • Reduced his stake in Procter & Gamble (PG)
  • Sold out of Republic Services (RSG)
  • Sold out of Iron Mountain Inc. (IRM)
  • Sold out of CarMax (KMX)
  • Sold out of NRG Energy (NRG)
  • Sold out of Home Depot (HD)
  • Sold out of Nalco Holding Company (NLC)

We’ve updated our Buffett Tracker with the details of these transactions. You can log-in here. If you’re not a subscriber, you can sign up here.

Most notable to us, is that he has piled another $81 million into Johnson & Johnson (JNJ) last quarter. That’s on top of his estimated $1.08 billion JNJ purchase revealed in the previous quarter’s SEC filings.

All told, Buffett now owns 42.6 million shares valued at $2.7 billion.

With an estimated net worth of about $48 billion, Buffett’s ownership in this one stock now represents a remarkable 5.6% of his entire wealth.

This massive bet on a single company could mean only one thing: Buffett is convinced this stock is headed nowhere but up.

And he’s not alone — several of the nation’s top analysts seem to agree…

And it gets better: thanks to a recent pullback, shares of Johnson & Johnson could be trading hands for even less than what Buffett just paid for them.

That means that anyone that picks up shares of this stock today could not only profit alongside one of the greatest investors of all time, but could actually pull in a greater return than the legend himself.

Good investing!

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