2 Major Additions to Berkshire Hathaway’s Portfolio During the Third Quarter

In an SEC Form 13-F filing after the market closed today, Berkshire Hathaway revealed 2 major additions to its portfolio during the third quarter.

Berkshire made an initial purchase of

(1) 7.5 million shares of Occidental Petroleum (OXY) that was valued at $332 million on September 30, and

(2) 1.2 million shares of RH (formerly Restoration Hardware) (RH) that was valued at $206 million on September 30.

There were no major portfolio reductions during the third quarter.

Berkshire’s top 5 portfolio holdings as of September 30 were:

(1) Apple (AAPLWealth Strength IndexAAPL is Extremely Up and trending Up)– $55.7 billion

(2) Bank of America (BAC) – $27.0 billion

(3) Coca Cola (KO) – $21.8 billion

(4) Wells Fargo (WFC) – $19.1 billion

(5) American Express (AXP)– $17.9 billion