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.