Warren Buffett's little-known stock portfolio worth more than $5 billion nearly mirrored Berkshire Hathaway's trades last quarter. Here are its top holdings.
Through Berkshire Hathaway, Buffett and his lieutenants manage a portfolio of stocks worth nearly $300 billion as of December 31.Buffett owns a $5.4 billion stock portfolio that's managed by New England Asset Management,New England Asset Management was acquired by General Re in 1995. In 1998, Berkshire Hathaway acquired General Re for $22 billion, making New England Asset Management a wholly owned subsidiary of Buffett's conglomerate.
While Buffett appears to have no influence over how the portfolio is managed by New England Asset Management, the portfolio does own similar stocks and made some trades that almost mirrored Berkshire Hathaway, according to 13F filings made with the SEC.
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