Warren Buffett’s holding company, Berkshire Hathaway, has just released its latest portfolio changes for the quarter ended December 31, 2011.
Here’s a summary of what he’s been buying and selling…
Buying
- Bought 573,300 shares of Visa (NYSE: V)
- Bought 6,556,947 shares of IBM (NYSE: IBM)
- Bought 16,099,000 shares of Directv (Nasdaq: DTV)
- Bought 1,445,500 shares of CVS Caremark (NYSE: CVS)
- Bought 2,684,500 shares of Da Vita (NYSE: DVA) – NEW
- Bought 812,700 shares of General Dynamics (NYSE: GD)
- Bought 2,162,000 shares of Intel (Nasdaq: INTC)
- Bought 1,701,400 shares of Liberty Media (Nasdaq: LMCA) — NEW
- Bought 22,333,820 shares of Wells Fargo (NYSE: WFC)
Selling
- Sold 421,800 shares of Exxon (NYSE: XOM) – SOLD OUT
- Sold 8,428,661 shares of Johnson & Johnson (NYSE: JNJ)
- Sold 2,711,995 shares of Kraft (NYSE: KFT)
- Sold 757,221 shares of Verisk Analytics (Nasdaq: VRSK)
Visit our Buffett Tracker for the details of these transactions, as well as Berkshire’s entire portfolio of U.S.-listed stocks.
How to Profit From This Information
Regular readers know that Intel (Nasdaq: INTC) is one of our favorite stocks to own right now.
In short, the company has a dominant position in its industry, it generates huge cash flows, and it pays a relentlessly growing dividend.
Now, thanks in part to what Brian Hunt calls “The New Momentum Trade of 2012,” fund managers may follow Buffett’s lead and send a flood of new money into cheap, “world dominating” dividend payers like Intel.
It fact, it may already be happening: the stock is up over 18% since our “BUY” recommendation at the end of November (a spectacular move for a blue-chip).
This just goes to show what Brian Hunt has been telling us over and over again: that in a world full or risk and fraud, getting paid steady and growing dividends is one of the best ways to make money in the stock market.
Good investing!
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