Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Latest Trades from Berkshire Hathaway

Details

  • Description

    FBN's Liz Claman on Warren Buffett and his buy and sell strategy.

  • Duration 3:57
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

He is -- -- a buy and hold a warm up that releasing his -- -- the longtime favorites in his portfolio during the quarter was secrets can you glean.

From the way to billionaire is trading right now was Phyllis claim and joining me now that kind of talk about the this or what's going on with mister -- well.

He's he's always active that he was particularly active in this last quarter press it's really not so much a surprise about what he and his team -- -- now -- a team of stock pickers what they sold but rather what they are buying this time.

That when people crowd around Warren Buffett by the thousands are follow his stock picks by the millions.

It's because he has a strong record of success so what chest peace moves did he make with his portfolio.

A new position for mr.

Buffett he'd bought National Oilwell Varco ticker symbol NOV this company designs and constructs systems.

For oil and gas drilling you can see the stock of all of his picks this time around getting the biggest bump up more than a full percentage she is no stranger to energy.

He owns mid American energy bunch of utilities he's taken a stake in First Solar so what appears he spreads it around working hard to cover all his bases.

This is about a two point eight million share piece that he spot now in -- And now let's look it over to refiner Phillips 66 is centrist -- you guys because Berkshire takes a stake.

In the ConocoPhillips.

Spin off and he is now accumulated about 27 million shares what's interesting here is that a couple of years back when oil was at its height.

Of around a 140 dollars a barrel in 2008.

Buffett bought a big stake in ConocoPhillips.

OK you see that big drop off there.

It tanked after he brought it because oil prices plummeted.

That trade actually hurt the Berkshire stock portfolio in a meaningful way -- saying in his annual shareholder letter back then about the timing.

I did -- really dumb things but those were his words and now he's back in the game with the spin off Phillips 66 -- still -- some ConocoPhillips but.

He's adding to some already existing positions we saw that idea which is getting just a tiny bump here.

Then it's getting a lot of attention he bought a huge state closer to the end of last year now buying more adding another 3.5 percent to his already substantial stake in the Dow component.

It's out about 66 point six million shares and one of his top five holdings.

And that this when you guys I find very interest and more interesting than IBM he's adding to his stake in -- company called de -- this is -- dialysis provider.

You could see it's up about a third of a percent perhaps.

This is Warren Buffett or his stock pickers -- on the health care business overall this is a favorite of one of his new stock pickers Ted Wexler.

Ted Wexler -- he brought on board last year along with Todd Combs now you conceive their personalities of these two guys coming through with stock picks.

Like Intel for example.

He is out of Intel now.

Now this is easily one of Warren Buffett shortest duration trades is very -- like -- so I asked him was this attack or -- idea.

To biotechnology stock a year ago November which Buffett has kept away from in the past here's a profit set on the yeah I didn't.

I didn't do -- -- didn't do the you know how he did the idea -- who -- into topped one of -- -- -- the dog because he was the only one here that -- -- did Todd Combs who is one of your new investment managers it was his idea.

And so it's obviously talked idea to get out of -- he's out now -- -- getting just a slight loss there today.

And now from the SEC filing that came out yesterday we see the traders over no more Intel in the portfolio.

But as you see over the year they capitalized on the stock.

That -- there that Intel has enjoyed over the past 52 weeks about what's the value of Buffett's entire stock portfolio.

About 73 billion dollars set includes 400 million shares of his favorite Coca-Cola and 411 million shares of Wells Fargo.

He loves trading stocks and he's brought on these two guys.

And they're getting more and more opportunity gave them just a little bit of money first to see how they did they must've done well he's right and the more.

Thanks very much Liz Claman always on the case for -- -- that Berkshire --

Load More