In an SEC 13F filing after the market closed today, the following major changes to its portfolio during the fourth quarter of 2017 were reported:
Additions:
(1) Apple – An additional $5.3 billion stake of 31.2 million shares (or additional 23.3% stake) resulting in a total position valued at $28 billion on December 31, 2017.
(2) Bank of New York – An additional 21% stake of 10.6 million shares or $570 million.
(3) Teva – New position of $358 million.
(4) Monsanto – An additional 32% stake of 2.8 million shares or $330 million.
Reductions:
(1) IBM – A reduction of 35 million shares or $5.4 billion representing a 94.5% reduction in its stake.
(2) General Motors – A reduction of 10 million shares or $410 million representing a 17% reduction in its stake.
As of December 31, 2017, Berkshire Hathaway’s largest five common stock holdings were:
(1) Apple – $28.0 billion
(2) Wells Fargo – $27.8 billion
(3) Kraft Heinz – $25.3 billion
(4) Bank of America – $20.0 billion
(5) Coca Cola – $18.4 billion
