Buffett Invests Q3. New Investments Total $23.9 Billion

Bloomberg reports that Warren Buffett’s Berkshire Hathaway invested $23.9 billion during the 3rd quarter of 2011.

Berkshire bought almost $7 billion of equity securities in the three months ended Sept. 30, compared with $3.62 billion in the second quarter and $834 million in the first, the Omaha, Nebraska-based company said Nov. 4 in a filing. Stockholdings labeled “commercial, industrial and other” soared 62 percent in the three months to $17.4 billion on a cost basis, surpassing equity investments in financial and consumer-product firms.

No details pertaining to new $7 billion that was invested in equity securities, have been reported.

247wallst.com posted their best guess as to which stocks Buffett/Berkshire Hathaway included in their recent buying spree.

They also provide a summary of Buffetts equity holdings as of June 30, 2011.

Some positions which we expect ro would just assume are in Bank of America Corporation (NYSE: BAC), Dollar General Corporation (NYSE: DG), Exxon Mobil Corporation (NYSE: XOM), ConocoPhillips (NYSE: COP), Mastercard Inc. (NYSE: MA), Verisk Analytics, Inc. (NASDAQ: VRSK), Wal-Mart Stores Inc. (NYSE: WMT), and Wells Fargo & Co. (NYSE: WFC). Just keep in mind that Berkshire Hathaway is granted “Confidential Treatment” in some positions, so it is possible that many others are present but not known by the public.

Comments are closed.