Mr. Buffett is one of the most followed investor in the whole planet. His moves are closely watched. So, let's just take a peek-a-boo at some stocks he recently bought and which ones he sold so that you can get a head start.
Buffet through Berkshire bought $475 million stake in Royalty Pharma for the first time. This might be probably to cushion himself as a safe bet in volatile biotech stocks
Buffet also purchased a stake in Floor & Décor for $99 million. This is a new bet from his end as he seems to betting high on this flooring retailer
Berkshire has also exited Merk & Organon
Berkshire also reduced stake in AbbVie by 30%, a major reduction as per Buffet's standards probably beause it is scheduled to loose its patent on its top selling drug "Humira"
Buffett has also shaken off another pharma stock : Bristol-Myers Squibb by 16% as its top drug "Revlimid" is going to lose exclusivity next year
Chevron was another oil stock in which he upped his stake by 24%
He also reduced stake in Bristol-Myers Squibb by 16% compared to last quarter
Buffett has shed off VISA & Mastercard stakes by 4.3% & 6% respectively as he seems to be losing some patience over his long time favourites
1) U.S. Bancorp (USB), 126.4 million 2)Bank of New York Mellon (BK), 72.4 million 3) Kroger (KR), 61.8 million 4) General Motors (GM), 60 million
Buffett's Top Holdings
5) Bank of America (BAC), 1.01 billion 6) Apple (AAPL), 887.1 million 7) Coca-Cola (KO), 400 million 8) Kraft Heinz (KHC), 325.6 million 9) Verizon (VZ), 158.8 million 10) American Express (AXP), 151.6 million
Buffett's Top Holdings (contd..)
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