18 Stocks Warren Buffett Is Selling (And 6 He's Buying)

Berkshire Hathaway's chief kicked a number of stocks to the curb, lightened up on others, made a surprising new investment and even bet big on himself in Q2.

Warren Buffett
(Image credit: Getty Images)

After pretty much laying low in the first three months of the year, Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B (opens in new tab)), made sweeping changes to its stock portfolio during the second quarter.

Most notably, he continued to sell off equities. After dumping shares in 19 positions during the first quarter, Warren Buffett fully exited seven positions and sold off parts of another 11 stakes. But he was a little more active on the buying side, too, adding to four positions and initiating a stake in a company that's well outside of his traditional wheelhouse.

The Oracle of Omaha has made a few other interesting moves of late, too. That includes finally putting Berkshire's massive cash pile to use in a $9.7 billion buyout of Dominion Energy's (D (opens in new tab)) midstream energy business – his biggest deal in years – and a big bet on himself.

Of course, we know what the greatest long-term investor of all time has been doing because the U.S. Securities and Exchange Commission requires all investment managers with more than $100 million in assets to file a Form 13F quarterly to disclose any changes in share ownership. These filings add an important level of transparency to the stock market and give Buffett-ologists a chance to get a bead on what he's thinking.

When Buffett starts a new stake in some company, or adds to an existing one, investors read into that as a vote of confidence. But if he pares his holdings in a stock, it can spark investors to rethink their own investments. The fact that Berkshire Hathaway continued to shed weight even as the market began to rebound in Q2 underscores how challenging it is to make investing decisions these days.

Here's the scorecard for what Warren Buffett was buying and selling during the three months ended June 30, 2020, based on the most recent 13F that the company filed on Aug. 14. And remember: Not all "Warren Buffett stocks" are actually his picks. Some smaller positions are believed to be handled by lieutenants Ted Weschler and Todd Combs.

Current price and holdings data is as of Aug. 14. Sources: Berkshire Hathaway's SEC Form 13F filed Aug. 14, 2020, for the reporting period ended June 30, 2020; and WhaleWisdom.

Dan Burrows
Contributing Writer, Kiplinger.com