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Berkshire Hathaway

Q1 2015 13F · by Warren Buffett, CEO

As of
Mar 31, 2015
Filed
May 15, 2015
US stock
$107.1B · prev $109.4B
Positions
47 · prev 47
Options notional
$0
Documents
1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 100.0%
  • Foreign stock not listed in the US 0.0%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves15 since the prior filing

The book

Very concentrated · behaves like 9 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 1.4% a year, more than 30 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions67% of US stock

  1. WFC Wells Fargo & Co. added+0.65 pp added+0.6523.9%
  2. KO Coca-Cola Company held held15.1%
  3. IBM International Business Machines Corporation added+0.63 pp added+0.6311.9%
  4. AXP American Express Company held held11.1%
  5. WMT Walmart Inc. held held4.6%

Positions47 in this filing · 0 exited

WFCWells Fargo & Co.23.88%470,292,359$25.6Badded+1%+0.65 pp8 q
KOCoca-Cola Company15.14%400,000,000$16.2Bheld—8 q
IBMInternational Business Machines Corporation11.92%79,565,115$12.8Badded+3%+0.63 pp8 q
AXPAmerican Express Company11.06%151,610,700$11.8Bheld—8 q
WMTWalmart Inc.4.64%60,385,293$5.0Bheld—8 q
PGProcter & Gamble Company4.04%52,793,078$4.3Bheld—8 q
USBU.S. Bancorp3.41%83,773,390$3.7Badded+5%+0.12 pp8 q
DVADaVita Inc.2.93%38,565,570$3.1Bheld—8 q
unresolvedDirectv2.49%31,353,468$2.7Bheld—8 q
MCOMoody's Corporation2.39%24,669,778$2.6Bheld—8 q
GSGoldman Sachs Group Inc.2.22%12,631,531$2.4Bheld—6 q
GMGeneral Motors Company1.44%41,000,000$1.5Bheld—8 q
DEDeere & Company1.42%17,310,090$1.5Badded+1%+0.04 pp8 q
unresolvedCharter Comm's Inc1.08%5,979,136$1.2Btrimmed−4%+0.14 pp4 q
unresolvedU S G Corp0.97%39,002,016$1.0Bheld—8 q
unresolvedPrecision Castparts Corp0.82%4,200,792$882Madded+47%+0.19 pp8 q
VRSNVeriSign Inc0.81%12,985,000$870Mheld—8 q
BNYBank of New York Mellon Corporation0.78%20,680,420$832Mtrimmed−6%−0.04 pp8 q
VZVerizon Communications0.68%15,000,928$729Mheld—5 q
MTBM&T Bank Corp.0.64%5,382,040$684Mheld—8 q
COSTCostco Wholesale Corp0.61%4,333,363$656Mheld—8 q
SUSuncor Energy, Inc.0.61%22,354,294$654Mheld—8 q
VVISA Inc.0.60%9,885,160$647Mtrimmed−2%0.00 pp8 q
PSXPhillips 660.55%7,499,450$589Madded+14%+0.12 pp8 q
VIABViacom Inc. Class B0.53%8,265,079$565Mtrimmed−4%−0.06 pp8 q
LBTYALiberty Global Ltd. Class A0.50%10,342,793$532Mtrimmed−4%0.00 pp6 q
unresolvedChicago Bridge & Iron Co N V0.49%10,701,110$527Mheld—8 q
WBCWabco Holdings Inc.0.44%3,863,195$475Mtrimmed−5%+0.05 pp8 q
MAMastercard Incorporated0.42%5,229,756$452Mtrimmed−3%−0.01 pp8 q
LBTYKLiberty Global Ltd. Class C0.34%7,346,968$366Mheld—5 q
TMKGlobe Life Inc.0.33%6,353,727$349Mheld—8 q
QSRRestaurant Brands International Inc.0.30%8,438,225$324Mheld—2 q
unresolvedLiberty Media Corp Delaware0.29%8,000,000$306Mheld—3 q
unresolvedGeneral Electric Co0.25%10,585,502$263Mheld—8 q
unresolvedTwenty First Centy Fox Inc0.20%6,228,097$211Madded+31%+0.03 pp2 q
SNYSanofi0.18%3,905,875$193Mheld—8 q
unresolvedLiberty Media Corp Delaware0.14%4,000,000$154Mheld—8 q
GHCGraham Holdings Company0.11%107,575$113Mheld—6 q
VRSKVerisk Analytics, Inc.0.10%1,563,434$112Mheld—8 q
NOVNOV Inc.0.09%1,978,895$99Mtrimmed−62%−0.23 pp8 q
unresolvedMedia Gen Inc New0.07%4,646,220$77Mheld—2 q
DNOWDNOW Inc.0.04%1,825,569$40Mheld—4 q
JNJJohnson & Johnson0.03%327,100$33Mheld—8 q
unresolvedKraft Foods Group Inc0.02%192,666$17Mheld—8 q
MDLZMondelez International, Inc. Class A0.02%578,000$21Mheld—8 q
UPSUnited Parcel Service, Inc. Class B0.01%59,400$6Mheld—8 q
LEELee Enterprises, Inc.0.00%88,863$282,000held—8 q

Source

Form
13F-HR
Reading
0 defects · 11 unresolved
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet