Warren Buffett Watch
- Warren Buffett and the Crisis: 'Brilliant Moves Interspersed with Some Surprising Errors'
- Warren Buffett to Sell Stakes In Union Pacific & Norfolk Southern
- BNSF CEO: Buffett's Bid for Railroad "Warmly Received" In Washington
- Berkshire Hathaway's NetJets Furloughs 495 Pilots
- Buffett's Berkshire Hathaway May Lose Only Remaining AAA Credit Rating
- Buffett to CNBC: Berkshire Talking to 5 Firms About Buying Tax Credits
- CNBC Transcript: Warren Buffett Explains His Railroad 'All-In Bet' on America
- Warren Buffett to CNBC: Berkshire Businesses Doing 'Just a Tick Better'
- Warren Buffett Tells CNBC Burlington Northern Buy Is 'Bet' On America
- Warren Buffett Sells More Moody's After Stock Rebounds
RSS FEED
MOST SHARED
- Bear Stearn Fund Managers Not Guilty on All Counts
- JPMorgan Chase to Hire 1,200 Mortgage Officers
- Parsing Treasury's Loan Modification Report
- Fighting The Flu Vaccine Critics
- Hottest Zip Codes for Home Prices
- Oil Tomorrow
- Commodity ETFs: Returns May Not Always Match Expectations
- A Squeeze on Customers Ahead of New Rules
- 'Thriller' Art: Warhol's Jackson Work Could Net $700,000
- Bair: Reserve Fund For Dismantling Must Be Set Up
- Starbucks Brews Up Growth
- Farr: An Extended Period—No Fat Lady in Sight
- More Upside if S&P Passes This Number: Market Pro
- Murdoch Lashes Out At Google
- Fighting The Flu Vaccine Critics
- Nov. 10: Unusual Volume Leaders
- Shadow Inventory Dwarfs Loan Mods
- The Lloyd's Prayer
- Playing Activision and Other Video Game Stocks: Analyst
- Three Things the US Can Do To Stop the Dollar's Decline
- Toll Brothers: More Contracts Signed, but Sales Down
- Fed's Lacker: US in a 'Good Place' With Inflation
- Bear Stearn Fund Managers Not Guilty on All Counts
- Commodity ETFs: Returns May Not Match Expectations
- JPMorgan Chase to Hire 1,200 Mortgage Officers
- Home Prices Decline Further In Most Parts of US
- Ponzi Proceeds: Bidding on Madoff's Toys
- Quiz: Do You Know Your Coca-Cola Myths?
Executive Producer
![]() |
Berkshire's MidAmerican Energy Holdings had made a deal a few months before, at the height of the credit crisis, to buy Constellation. Constellation decided to go with France's ECF instead. It handed over the 20 million shares for changing its mind.
As of mid-February, Berkshire had sold over five million CEG shares for a total of $137 million. That brought its Constellation stake down to 14.8 million shares.
Today, an SEC filing lists another series of sales that brings Berkshire's stake down by 2.3 million shares to 12,476,154. That's 6.26 percent of Constellation shares outstanding, down from 7.45 percent in mid-February and 10 percent at the end of last year.
Here's a listing of the sales detailed in the latest filing:
Berkshire's Constellation Sales: April-May |
| Date | Shares Sold | Price/Share | Total Price |
| April 9 | 41,736 | $23.07 | $962,850 |
| April 13 | 3,330 | $23.02 | $76,657 |
| April 15 | 40,000 | $23.06 | $922,400 |
| April 17 | 3,100 | $23.05 | $71,455 |
| April 23 | 2,513 | $23.01 | $57,824 |
| April 24 | 60,600 | $23.04 | $1,396,224 |
| April 27 | 30,800 | $23.03 | $709,324 |
| April 28 | 26,400 | $23.10 | $609,840 |
| April 29 | 100,000 | $23.12 | $2,312,000 |
| April 30 | 100,000 | $23.69 | $2,369,000 |
| May 1 | 100,000 | $24.57 | $2,457,000 |
| May 5 | 100,000 | $24.47 | $2,447,000 |
| May 6 | 133,527 | $24.75 | $3,304,793 |
| May 7 | 300,000 | $25.49 | $7,647,000 |
| May 8 | 500,000 | $26.04 | $13,020,000 |
| May 11 | 304,045 | $26.08 | $7,929,494 |
| May 12 | 500,000 | $26.25 | $13,125,000 |
| May 13 | 6,002 | $26.05 | $156,352 |
| TOTAL | 2,352,053 | $25.33 | $59,574,212 |
As you can see in this graph, the size of the daily sales (purple bars) increased as Constellation's stock price (blue line) moved higher.
![]() |
In its first quarter earnings release last week, Berkshire revealed it had cut its stake in ConocoPhillips [COP
Loading...
()
], selling millions of shares at a loss.
Late tomorrow (Friday) afternoon, we should get Berkshire's latest portfolio 'snapshot' as it files its quarterly 13-F with the SEC.
Current Berkshire stock prices:
Class A: [US;BRK.A
Loading...
()
]
Class B: [US;BRK.B
Loading...
()
]
For more Buffett Watch updates follow alexcrippen on Twitter.
Questions? Comments? Email me at










