Buffett Buys Mellon, Dumps Home Depot, CarMax
NEW YORK (
) -- Warren Buffett's
Berkshire Hathaway
(BRK.A)
took a new position in
Bank of New York Mellon
(BK)
, while selling his entire stakes in
Home Depot
(HD)
,
Iron Mountain
(IRM)
,
CarMax
TheStreet Recommends
(KMX)
and
NRG Energy
(NRG)
, according to Berkshire's latest 13F report filed with the
Securities and Exchange Commission
late Monday.
Warren Buffett |
Buffett also upped his stake in
Wells Fargo
(WFC)
and
Johnson & Johnson
(JNJ)
.
Meanwhile, Buffett reduced Berkshire's stakes in
Nike Inc
(NKE)
,
Comcast
(CMCSA)
,
Ingersoll Rand
(IR)
Procter and Gamble
(PG)
Nalco
(NLC)
Fiserv
(FISV)
and
Moody's Corp.
(MCO)
.
Earlier is was reported that
Goldman Sachs
(GS)
' efforts
to repay a $5 billion preferred equity investment made by Buffett have hit a roadblock put up the
Federal Reserve
.
>>View Warren Buffett's Portfolio
--
Written by Dan Freed in New York
.
Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
