Warren Buffett Watch
- Warren Buffett's Berkshire Hathaway Adds GM to Holdings
- Lunch With Warren Buffett: $2 Million-Plus?
- Warren Buffett: Lady Di Called Bill Clinton 'Sexiest Man Alive'
- CNBC Transcript: Warren Buffett on Squawk Box
- Warren Buffett: We're Buying Two US Stocks
- Warren Buffett to CNBC: Mark Zuckerberg Right to Keep Tight Control Over Facebook
- Warren Buffett: Apple and Google Too Risky For Me
- Warren Buffett Reassures Shareholders on Cancer and Succession
- Warren Buffett Recently Considered $22 Billion Acquisition
- Warren Buffett 'Very Comfortable' With Berkshire Stock Buybacks
RSS FEED
MOST SHARED
- S&P Cuts Ratings on Five Spanish Banks
- Where Large Banks Fail, Regionals are Succeeding: Bove
- Marc Faber: 100% Chance of Global Recession
- The Shortage of Women Billionaires
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- Reum: Successfully Marketing Liquor through Facebook
- Facebook Analyst Reports All Over the Map
- Yoshikami: Four Things You Need to Know About Gold Now
- Under Pressure, FHA Skews to Wealthier Home Buyers
- Facebook IPO Fiasco: 10 Things Underwriters Got Wrong
- A New Look at the ‘New Poor’
- Six Pack: Beer Buzz of the Week
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- Under Pressure, FHA Skews to Wealthier Home Buyers
- Big Stock Upside for Hudson City Deal: Analyst
- 5 High-Yield Stocks Ready to Boost Dividends
- Yoshikami: Four Things You Need to Know About Gold Now
- Steinbock: The Euro Zone Endgame Begins
- Option Bulls Take Another Shot on Idenix
- Facebook Fiasco: 10 Things Underwriters Got Wrong
- Sticker Shock: What College Is Likely to Cost in 18 Years
- Citigroup Lost $20 Million on Facebook IPO Trades
- Many Greeks Moved Their Money Abroad Long Ago
- Still Like Facebook? There’s an ETF for That.
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- Main Players in the Greek Election
- Robber Breaks Into Taco Bell, Leaves Disappointed
- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
Warren Buffett Was Selling Two Railroads As He Bought a Third
Text Size 
Executive Producer
 |
Even as Berkshire was increasing its stake in Burlington Northern, it was reducing its holdings of two other railroads: Norfolk Southern and Union Pacific.
In mid-August, when Berkshire revealed its portfolio holdings as of June 30, the end of the second quarter, it withheld the numbers on its stakes in Norfolk Southern and Union Pacific.
In a filing just a few minutes ago, those numbers are revealed.
Berkshire Hathaway's Railroad Stakes |
| As of June 30 | As of March 31 | Pct. Change | |
| Norfolk Southern | 3,757,100 | 6,362,800 | - 41.0% |
| Union Pacific | 7,411,200 | 10,513,100 | - 29.5% |
| For comparison ... | |||
| Burlington Northern | 39,027,430 | 34,647,376 | + 12.6% |
As we've been reporting here on Warren Buffett Watch, Berkshire continued to build its Burlington stake into the third quarter. It's required to report those purchases as they happen because it owns more than 5% of the frieght railroad's outstanding stock. Last we heard, the stake was just over 17% and could go to 25% or higher.
As for what's happened to Berkshire's stakes in Norfolk Southern and Union Pacific, we just don't know.
- Warren Buffett's Burlington Northern Stake Tops 17% as Berkshire Hathaway Exercises Options (October 5)
- Berkshire Hathaway Buys a Few More Burlington Northern Shares (September 24)
- Warren Buffett's Berkshire Hathaway Adds to Burlington Northern Options (September 20)
- Why Warren Buffett Is Riding the Rails (Sept. 7)
- Warren Buffett's Berkshire Hathaway Moves to Boost Burlington Stake Yet Again (Sept. 4)
- Warren Buffett's Berkshire Hathaway Buys Burlington For Fourth Time This Month (August 30)
- Burlington Northern: Just What's Warren Up To? (August 28)
- Warren Buffett's Berkshire Hathaway Still Riding the Rails with $800 Million Stock Buy (August 27)
- Rail Stocks Rally After Another Warren Buffett Buy (August 20)
- Warren Buffett Boosts Burlington Northern Stake .. Again (August 17)
- Buffett Boosts Bet on Burlington (August 8)
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes
