Warren Buffett Holds True To His Buy-and-hold Mantra

Warren Buffett's Berkshire Hathaway said in a regulatory filing Friday that the value of its equity holdings was $107.18 billion at the end of June, up less than 0.1% from $107.13 billion at the end of March. Over the same time, the S&P 500 slipped 0.2%. Buffett kept his largest holding, Wells Fargo & Co. , unchanged at 470.3 million shares, and his holding of Coca-Cola Co. unchanged at 400 million shares. Among Buffett's other large holdings, his International Business Machines Corp. stake remained steady at 79.6 million shares, and his Wal-Mart Stores stake held at 60.4 million shares.