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Warren Buffett's Berkshire Hathaway Adds Five New Stocks to Portfolio .. But Buffett Didn't Buy Them
14 Nov 2011 EST - CNBC.com
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Berkshire also reports increased stakes in two other stocks:

  • Dollar General : tripled stake to4,497,247 shares, worth $178.6 million at the close.
  • Wells Fargo : increased stake by 3 percent to 361,369,808 shares, worth almost $9.1 billion at the close.
  • Wells Fargo is a Buffett stake. Dollar General is in the Combs portfolio.

    Today's 13-F reports a 50 percent increase in shares of Torchmark held by Berkshire. That, however, is the result of a 3 for 2 stock split that became effective on July 5, just after the start of the third quarter. It is not the result of new buying by Berkshire.

    Update: This post originally reported, based on the first 13F filing, that Berkshire had doubled its stake in Verisk Analytics . On November 15, 2011, Berkshire amended its 13F to show its holdings of Verisk shares had not changed from June 30.

    DECREASED STAKES

    Berkshire did do some selling, with significant decreases for two stocks. The size of these holdings indicates Buffett was responsible.

  • Johnson & Johnson : decreased stake by 12 percent to 37,446,788 shares, worth $2.4 billion.
  • Kraft Foods : decreased stake by 10 percent to 89,746,708 shares, worth $3.2 billion at the close.
  • Current Berkshire stock prices:

    Class B:

    Class A:

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