Warren Buffett Sold 750,000 Shares of Apple, But It’s Still His Largest Holding

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by Fred Fuld III

Famous investor and multi-billionaire Warren Buffett has sold over 750,000 shares of Apple (AAPL) during the latest reported quarter, however it is still the largest holding in his Berkshire Hathaway (BRKA) (BRKB) stock portfolio.

As a matter of fact, Apple makes up 26% of the Berkshire portfolio. He probably didn’t want to get too overweighted in the stock. He first started buying Apple shares near the beginning of 2016 at an average cost of about 150 per share.

Buffett also dumped shares of another stock, Wells Fargo (WFC). He liquidated over 31 million shares of the company, so now the stock makes up less than 9% of the Berkshire portfolio.

The Oracle of Omaha made no changes to the second and third largest holdings, Bank of America (BAC), and Coca-Cola (KO). Same with the fifth largest, American Express (AXP).

It is interesting to note that the above five mentioned stocks make up over 65% of the total Berkshire Hathaway stock portfolio.

If you want to see a list of all the stocks in Warren Buffett’s Berkshire Hathaway stock portfolio, you can go to the following link:

Warren Buffett Berkshire Hathaway Stocks

Disclosure: Author owns AAPL, BRKB, BAC, & KO.

How to Invest Like a Billionaire

Do you want to be a billionaire? If so, maybe you should invest in the companies that made the billionaires so rich.

Forbes Magazine has just come out with its latest billionaires list. Seven out of the top ten billionaires have founded and/or are the head of companies that are publicly traded, providing investors with a selection of stocks to invest in.

The following is a list of the billionaires and their stocks.

Rank	Name	Net Worth	Company	Symbol
#1	Jeff Bezos	$112 B	Amazon	AMZN
#2	Bill Gates	$90 B	Microsoft	MSFT
#3	Warren Buffett	$84 B	Berkshire Hathaway	BRKA
#4	Bernard Arnault	$72 B	LVMH	LVMH
#5	Mark Zuckerberg	$71 B	Facebook	FB
#7	Carlos Slim Helu	$67.1 B	América Móvil	AMX
#10	Larry Ellison	$58.5 B	Oracle	ORCL

Top Warren Buffett Books for Spring Reading

How about some reading for the Spring season? Warren Buffett, the billionaire head of Berkshire Hathaway (BRK-A) (BRK-B), is a top investor, trader, and author. Here are some selections of the top selling Warren Buffett books, some are written by him and some are about him.

by Buffett

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) Warren E. Buffett (Collaborator)

The Essays of Warren Buffett: Lessons for Corporate America, Third Edition Warren E. Buffett (Author) Lawrence A. Cunningham (Author, Editor)

Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition Warren E. Buffett (Foreword)

Los ensayos de Warren Buffett (Spanish Edition) Warren E. Buffett (Author)

about Buffett

Trade Like Warren Buffett

The Warren Buffett Way, Second Edition

The Snowball: Warren Buffett and the Business of Life

The Winning Investment Habits of Warren Buffett & George Soros

The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Investor

Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor

The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management

By Stockerblog.com

Warren Buffett and Berkshire Hathaway News

The latest news about Berkshire Hathaway's (BRK-A) (BRK-B) Warren Buffett during the last week.

Warren Buffett Is Approaching His Judgment Day

Don't bet on Warren Buffett's solar gamble

SunPower, solar stocks surge after Warren Buffett buys Calif. plants

Warren Buffett Expands Renewable Holdings

Why Warren Buffett Keeps Buying Wells Fargo

“I Don’t Understand Why People Hate Bank of America”

If you want to invest like Warren Buffett and Berkshire Hathaway, go to the free list of Warren Buffett stocks at WallStreetNewsNetwork.com

Top Warren Buffett Books: Great Gift Ideas

Warren Buffett, the billionaire head of Berkshire Hathaway (BRK-A) (BRK-B), is a top investor, trader, and author. These are the top selling Warren Buffett books, some are written by him and some are about him.

by Buffett

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) Warren E. Buffett (Collaborator)

The Essays of Warren Buffett : Lessons for Corporate America Warren E. Buffett (Author)

Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition Warren E. Buffett (Foreword)

Los ensayos de Warren Buffett (Spanish Edition) Warren E. Buffett (Author)

about Buffett

Trade Like Warren Buffett

The Warren Buffett Way, Second Edition

The Snowball: Warren Buffett and the Business of Life

The Winning Investment Habits of Warren Buffett & George Soros

The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World's Most Famous Investor

Warren Buffett Speaks: Wit and Wisdom from the World's Greatest Investor

The Tao of Warren Buffett: Warren Buffett's Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management

By Stockerblog.com

Berkshire Hathaway's Warren Buffett Cuts Back on Consumer Goods Stocks

Warren Buffett, head of Berkshire Hathaway (BRKA) (BRKB), has cut back on a few consumer goods stocks. According to recent filings, Buffett has reduced holdings in Procter & Gamble (PG) and Kraft Foods Group, Inc. (KRFT). In addition, although not a true consumer goods company, Berkshire Hathaway lightened up on Johnson and Johnson (JNJ).

Buffett is still maintaining his current positions in dozens of other stocks. As a matter of fact, he owns over 35 stocks, according to WallStreetNewsNetwork.com, over 25 of which are dividend paying stocks.

One of his holdings is General Dynamics (GD), the aerospace and defense company, which trades at 9.5 times trailing earnings and 8.7 times forward earnings. The stock pays quarterly and yields 3.3%. Earlier this year, the company raised its dividend by 8.5%. Earnings for the latest quarter were down 8% on a 1% rise in revenues.

International Business Machines Corporation (IBM) is another stock owned by Buffett. The stock trades at 13.8 times trailing earnings and 11.4 times forward earnings, with a yield of 1.8%. Earnings were flat for the latest quarter on a 5.4% drop in sales. It pays a decent yield of 1.8%.

Other holdings include Torchmark Corp (TMK), the insurance company, that trades at 10 times earnings and yields 1.2%, US Bancorp (USB) yielding 2.5%, and Wal Mart Stores Inc (WMT), which pays a yield of 2.3%.

For a free list of all the Warren Buffett stocks, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com