Warren Buffett Watch
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Amended Berkshire Hathaway Filing Indicates No Secret Stock Stakes at End of Q3
- Buffett's Wealth and Fame Hasn't Helped 'Warren' As a Name
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- Warren Buffett to CNBC: Curbing Fed's Independence Could Lead to 'Mischief'
- Warren Buffett to Co-Chair Goldman Sachs Program to Help Small Businesses
- Warren Buffett: 'Reasonable Return is Good Enough' for Long-Haul Railroad Ride
- Warren Buffett's Berkshire Hathaway Almost Doubles Wal-Mart Holdings During Summer
- Warren Buffett's Berkshire Portfolio Snapshot Coming Later Today
- Warren Buffett to CNBC: 'I Haven't Bought American Express In Years'
RSS FEED
MOST SHARED
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- 8 Retailers that Gain During the Holidays
- Finding the Holiday's Best Buys
- Banks Play Down Dubai Exposure, Investors Still Wary
- Charts: Dollar Could Fall to 80 Yen
- ING Prices Share Issue at Hefty Discount
- Shoppers Hit Black Friday Sales, Budgets Pared
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- 8 Retailers that Gain During the Holidays
- Farrell: What's Different On This Black Friday
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Banks With The Biggest Exposure to The UAE
- Slideshow: The World's Biggest Debtor Nations
- US Dollar Rises Against Most Currencies—Except Yen
- Shoppers Hit Black Friday Sales, Budgets Pared
- Slideshow: Fantasy Christmas Gifts 2009
- EA Sports Hopes to Pump Up Sales With Pop-Ups
- Cheap Robotic Hamsters Are Holiday's Unlikely Craze
Text Size 
Executive Producer
 |
] it received last December as part of its break-up fee.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
Data is a real-time snapshot *Data is delayed at least 15 minutes