ConocoPhillipsBased on the two big oil buys, it's easy to think that Bershire Hathaway made a big bet on the energy sector last quarter -- but that ignores the huge sale of ConocoPhillips ( COP) shares, which flushed more than $519 million worth of the Houston-based E&P from Berkshire's portfolio. The trade nearly halved Buffett's stake in ConocoPhillips, almost offsetting the Exxon and Suncor trades entirely.
Profit From 5 Trades Warren Buffett Made
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts