Warren Buffett has been having a tough go of late.
His biggest bets have been in decline over the last year. This includes all his big name holdings in American Express (NYSE: AXP), International Business Machines (NYSE: IBM), Wells Fargo (NYSE: WFC), Wal-Mart (NYSE: WMT) and USB (NYSE: USB) which are all down more than 10% over the last year.
This has pushed Buffett’s Berkshire Hathaway (NYSE: BRK-A) down 11% in the last year, underperforming the S&P 500. Berkshire also lagged in 2015; in fact, it lagged the S&P 500 by the most since 2009.
As it is, Buffett appears to be shaking up his portfolio and making a flight to safety. Warren Buffett’s annual letter came out on Saturday. In it, as always, he offers a lot of wisdom and insight. However, one thing he won’t tell you is how he’s positioning himself for a rocky year.
Still, we’ve combed through his portfolio to find what Buffett was buying in the fourth quarter.
Source: Investors Alley