Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) filed its second quarter 2014 13F form on August 14, 2014 with some major changes in its media holdings. The overall value of the Berkshire Hataway’s 13F portfolio was $107.58 billion which is higher than $105.77 billion in the previous quarter of 2014. Charter Communications, Inc. (NASDAQ:CHTR), the cable TV provider, is among the primary changes in the portfolio with 2.31 million shares at the cost of $361 million. The biggest holdings of Berkshire Hathaway include Wells Fargo & Co (NYSE:WFC), The Coca-Cola Company (NYSE:KO), and American Express Company (NYSE:AXP). Please click here to see complete list stocks in Berkshire Hataway’s portfolio.
Wells Fargo & Co (NYSE:WFC) is the biggest holding of Berkshire Hathaway with cumulative investment of $23.3 billion and comprising 22.64% of the current portfolio of the fund. Wells Fargo & Co (NYSE:WFC) announced its second quarter 2014 financial results with earnings of $5.7 billion or $1.01 for every share. Berkshire Hathaway holds the highest number of shares of Wells Fargo & Co (NYSE:WFC) followed by Harris Associates, Lansdowne Partners, and Fisher Asset Management. .You can see the complete list of Hedge Funds which have shares of the company in this link.
The Coca-Cola Company (NYSE:KO) is the second largest holding of Berkshire Hathaway and the hedge fund has shares worth $16.1 billion of the company. The Coca-Cola Company (NYSE:KO) accounts for nearly 15.7% of the overall 13F portfolio of Berkshire Hathaway. The second quarter earnings announced on July 22 2014 with 3% growth in global volume and EPS of $0.58 for the second quarter. In case of The Coca-Cola Company (NYSE:KO), Berkshire Hathaway holds the largest number of shares followed by Yacktman Asset Management, Bill and Melinda Gates Foundation Trust, and Eagle Capital Management.
Berkshire Hathaway holds shares worth $13.2 billion of American Express Company (NYSE:AXP). The company reported second quarter 2014 net income of $1.5 billion with diluted EPS of $1.43 and net revenue of $8.7 Billion. Berkshire Hathaway holds the maximum number of shares for American Express Company (NYSE:AXP) followed by Fisher Asset Management, First Eagle Investment Management, and Egerton Capital Limited.
This article has been written by Prakash Pandey.