Legendary Investors Report Stock Holdings
Talk about a treasure trove of information. Here are various reports on the latest regulatory filings submitted by the investment vehicles of Warren Buffett, Eddie Lampert, Boone Pickens, and George Soros…
Warren Buffett
From Bloomberg’s Andrew Frye today:
Warren Buffett’s Berkshire Hathaway Inc. took stakes in Exxon Mobil Corp. and Nestle SA, betting on the world’s biggest producers of oil and food.
Berkshire held about 1.28 million Exxon shares and 3.4 million American depositary receipts of Nestle at the end of the third quarter, the Omaha, Nebraska-based company said in a regulatory filing yesterday…
Berkshire also raised its stake in Wal-Mart Stores Inc., the largest retailer…
Buffett is drawing down Berkshire’s cash hoard to invest in some of the world’s biggest firms as credit markets improve. The $2.23 billion spent on stocks in the three months ended Sept. 30 is the most in a year and allowed Berkshire to add a stake in insurer Travelers Cos. and increase its holding of Wells Fargo & Co.
Buffett agreed this month to take over Burlington Northern Santa Fe Corp., the No. 1 U.S. railroad, for $26 billion…
Berkshire continued to cut its holdings in No. 2 U.S. oil refiner ConocoPhillips, trimming its stake about 11 percent in the three months ended Sept. 30…
Berkshire showed no stake in Eaton Corp., the Cleveland- based maker of circuit breakers and fuel pumps. Buffett’s company held 2 million shares three months earlier. The firm cut holdings of NRG Energy Inc., the second-largest power producer in Texas, by 17 percent to 6 million. Berkshire sold about $783 million of equity securities in the third quarter, according to a separate filing.
Berkshire reduced its stake in WellPoint Inc., the largest U.S. health insurer by membership, by 3 percent to 3.39 million shares. The stake in Atlanta-based SunTrust Banks Inc. was cut by 3.9 percent in the three months to 3.07 million shares.
Berkshire disclosed a stake of 3.63 million shares in trash hauler Republic Services Inc.
Edward Lampert
From Reuters’ Svea Herbst-Bayliss yesterday:
Hedge fund manager Edward Lampert cut his stakes in housing and financial stocks during the third quarter, possibly suggesting he does not see a quick recovery following last year’s financial crisis.
According to a regulatory filing on Monday, Lampert’s ESL Investments RBS Partners Fund dissolved stakes in Home Depot Inc (HD.N), Fannie Mae (FNM.N), Hartford Financial Services Group Inc (HIG.N) and cut his stake in Citigroup Inc (C.N) during the third quarter…
Lampert also cut his holdings in financial services companies Capital One Financial Corp (COF.N) and Genworth Financial Inc (GNW.N).
Lampert, who owns more than half of retailer Sears, kept that position unchanged.
T. Boone Pickens
From Bloomberg’s Edward Klump yesterday:
T. Boone Pickens, the billionaire energy investor, increased stakes in U.S. natural-gas producers and added companies such as McMoRan Exploration Co. and SandRidge Energy Inc. to his portfolio.
Pickens’ BP Capital Management LP said its holdings now include at least 1 million shares each of SandRidge and McMoRan, according to a public filing.
Pickens also reported stakes in Gastar Exploration Ltd., Hess Corp. and Weatherford International Ltd.
BP Capital increased stakes in such companies as Anadarko Petroleum Corp., Cabot Oil & Gas Corp., Chesapeake Energy Corp., Devon Energy Corp. and Forest Oil Corp. during the three-month period that ended Sept. 30, according to the filing. Anadarko, Chesapeake and Devon were among the top five producers of gas in the U.S. in the first half of this year, according to the Natural Gas Supply Association.
George Soros
From Reuters’ Svea Herbst-Bayliss yesterday:
Billionaire investor George Soros’ hedge fund reported holdings of $6.2 billion during the third quarter, an increase of $2 billion, after taking a stake in automaker Ford and boosting his holdings in communications services stocks.
According to a regulatory filing on Monday Soros Fund Management took a 7.3 million stake in Ford Motor Co (F.N) during the third quarter that is valued at $53 million.
Soros also raised his holdings of AT&T (T.N) to 4.2 million shares at the end of the third quarter, from 791,000, while he raised his stake in Verizon (VZ.N) to 4.6 million shares, from 594,853 in the second quarter.
He also raised his stake in retailer Wal Mart (WMT.N) Stores to 1.1 million shares valued at $54.8 million.
Soros cut his stake in Petroleo Brasileiro SA (PETR4.SA) (PBR), or Petrobras, to 7.4 million shares from 9.8 million shares.
Sources:
“Berkshire Raises Wal-Mart Stake, Adds Exxon, Nestle (Update2)”
Andrew Frye
Bloomberg, November 17, 2009
“UPDATE 1-Lampert cuts housing, financial stocks”
Svea Herbst-Bayliss
Reuters, November 16, 2009
“Pickens Boosts Gas Holdings, Adds SandRidge, McMoRan (Update1)”
Edward Klump
Bloomberg, November 16, 2009
“Soros’ holdings increase, takes stake in Ford”
Svea Herbst-Bayliss
Reuters, November 16, 2009
