Summary: Buffett's latest portfolio holdings. He has a new position in NRG Energy, added to his position in Sanofi-Aventis SA, and sold his stake in Anheuser-Busch Cos. Buffett has made confidential his stake in ConocoPhillips, which means he is either selling or adding to his position. If you are interested in the details, continue reading!
NEW YORK, Aug 14 (Reuters) - Berkshire Hathaway Inc (BRKa.N: Quote, Profile, Research, Stock Buzz) (BRKb.N: Quote, Profile, Research, Stock Buzz), the insurance and investment company controlled by Warren Buffett, sold some of its stake in Anheuser-Busch Cos before the brewer agreed to a $52 billion takeover by Belgium-based rival InBev NV (INTB.BR: Quote, Profile, Research, Stock Buzz).
In a Thursday filing with the U.S. Securities and Exchange Commission, Berkshire also reported a new 3.24 million share stake worth $138.9 million as of June 30 in independent Texas power generator NRG Energy Inc (NRG.N: Quote, Profile, Research, Stock Buzz).
Frank Betz, a principal at Carret/Zane Capital Management, said the investment in Princeton, New Jersey-based NRG makes sense for Berkshire, which generates about one-tenth of its results from utilities and energy companies.
"It is a business that produces a product everyone needs, at a time of rising global demand, prices and pricing power," Betz said. "Buffett can put his money to work safety and conservatively, and generate reasonable if not spectacular growth in the years ahead."
It also said it raised its stake in French drugmaker Sanofi-Aventis SA (SASY.PA: Quote, Profile, Research, Stock Buzz) to 3.9 million American depositary receipts from 3.59 million three months earlier.
Berkshire also made a confidential filing with the SEC regarding its stake in the oil company ConocoPhillips (COP.N: Quote, Profile, Research, Stock Buzz). It reported a 17.51 million share stake three months earlier.
The SEC regularly lets Buffett delay disclosing some of his investing activity so others cannot copy him. Berkshire bought $3.98 billion of stock in the quarter, another filing shows.
Berkshire's reported stock holdings on U.S. exchanges fell 12.9 percent to $57.88 billion as of June 30 from $66.46 billion three months earlier. The value of its overall equity holdings, including on non-U.S. exchanges, fell 4.2 percent over that time to $69.51 billion.
