Berkshire Hathaway Inc. (BRK.B), Microsoft Corporation (MSFT) and Wells Fargo & Co (WFC): Gvo Asset Management Ltd’s Best 3 Equity Stocks

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Gvo Asset Management Ltd has disclosed in its second quarter 2015 regulatory filings that the value of its equity portfolio fell to $1.04 billion in the latest quarter, from $1.09 billion in the first quarter 2015.

The movement in portfolio value came on the back of several reforms to the portfolio mix. Gvo Asset Management Ltd initiated two fresh positions during the quarter, resulting in the addition of Blackstone Group LP (NYSE:BX) and McGraw Hill Financial Inc (NYSE:MHFI) to its portfolio.

The fund also increased stakes in three other stocks, but neither sold out or reduced holdings in any other stocks during the quarter.

At the end of the reforms, Gvo Asset Management Ltd had its best bet in terms of sectors in Finance, making up 32% of its portfolio. The fund also has significant exposure to Consumer Discretionary and Healthcare industries, making up 23% and 22% of its portfolio, respectively.

Here is a look at Gvo Asset Management Ltd’s top 3 best individual equity picks at the end of the second quarter and how the fund dealt with them: Berkshire Hathaway Inc. (NYSE:BRK.B), Microsoft Corporation (NASDAQ:MSFT) and Wells Fargo & Co (NYSE:WFC).

Stake in Berkshire Hathaway (BRK.B) unchanged

Gvo Asset Management Ltd finished the second quarter with 1.25 million shares in Berkshire Hathaway Inc. (NYSE:BRK.B), valued at more than $169.9 million. The stake in Berkshire Hathaway remained unchanged between the first quarter 2015 and second quarter 2015. However, the dollar value of the investment in Berkshire Hathaway declined given that the fund’s stake in the previous quarter was valued at $180.2 million.

Stake in Microsoft (MSFT) appreciates

Gvo Asset Management Ltd disclosed a stake of 3.3 million shares in Microsoft Corporation (NASDAQ:MSFT) for a total value of $145.4 million. The previous stake was also 3.3 million, but was valued at $133.9 million at the end of the first quarter. As such, while the number of shares held in MSFT remained unchanged from the previous quarter, the dollar value of the investment appreciated.

Value of investment in Wells Fargo (WFC) depreciates

The stake in Wells Fargo & Co (NYSE:WFC) stood at 3.4 million at the end of the second quarter, same as at the end of the first quarter. However, the dollar value of the investment in Wells Fargo declined to $139.4 million, from $187 million at the end of the previous quarter.

Neha Gupta

Neha Gupta has been in the financial space for over six years now. Gupta earned her MBA degree from Symbiosis Centre of Distance Learning in 2009 and her passion for finance led her to pursue Chartered Financial Analyst (CFA) course. She has successfully completed Level II of her CFA. She is a veteran in article writing, which is depicted in her numerous pieces published on SeekingAlpha, Nextiphonenews, InsiderMonkey, MarketWatch, and Techinsider. Her crisp and eloquent writing finds its best place in Researchcows, where emphasis is given on developing rich content for various websites, products, business plans, trainings, and book writing.

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