> Warren Buffett Blog: Warren Buffett sells ExxonMobil shares

Friday, February 27, 2015

Warren Buffett sells ExxonMobil shares

Berkshire's latest filing shows that Warren Buffett sold his entire ExxonMobil holding. The holding was bought in Q3 of 2013 for $3.74 billion. He held the shares for less than a year.

Filing also shows Berkshire bought a stake Deere & Co. Buffett began accumulating the position in the third quarter but had not previously disclosed it. The SEC often lets Buffett quietly accumulate large stakes to deter copycats.

Also a new stake of 4.7 million shares in Twenty-First Century Fox Inc was added and Buffett increased his stake in IBM.