3 Stocks Buffett Likely Sold During the Fourth Quarter
We're now a little over two weeks away from one of the most anticipated dates of the entire quarter. You see, 45 days following the end of a quarter, investment firms with more than $100 million in assets under management are required to file Form 13F with the Securities and Exchange Commission. In simple terms, Form 13F provides an under-the-hood look at what the brightest money managers were up to over the previous quarter (in this case, October through December).
Among widely followed money managers, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett tends to take precedence on Wall Street. That's because he arguably has the most impressive investing track record of all money managers. Between the mid-1950s and present day, Buffett has seen his net worth soar from $10,000 in seed capital to $90 billion. In short, when Buffett buys or sells a stock, Wall Street pays close attention.
Considering that Buffett believes equities to be somewhat pricey at the moment, all eyes are likely to be on what the Oracle of Omaha winds up having sold in the fourth quarter. While I'm not expecting Buffett to have completely sold out of any of his 48 positions in Q4, I do believe there are three holdings he's likely to have pared down.
Source Fool.com
