Berkshire Hathaway Inc. (BRK.A), Johnson & Johnson (JNJ) and Microsoft Corporation (MSFT): Armstrong Henry H Associates Inc’s Best 3 Stock Picks

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Armstrong Henry H Associates Inc has filed its trades and holdings at the end of the second quarter 2015. The fund revealed that the value of its equity portfolio depreciated to $413.2 million at the end of the last quarter. The equity portfolio was valued at $453 million at the end of the first quarter 2015.

The downward movement in the equity portfolio valuation came alongside a number of reforms to the portfolio mix. Armstrong Henry H Associates Inc neither started brand new positions nor sold out of any stocks but reduced holdings in various places. The fund cut its positions in some 10 stocks and increased exposure to some other 12 stocks during the second quarter.

At the end of the reforms, Armstrong Henry H Associates Inc finished the quarter with its best positions being in the Finance sector, making up 38% of the portfolio. Technology, Consumer Staples and Healthcare are other sectors where Armstrong Henry H Associates Inc has substantial exposure.

Here is a closer look at Armstrong Henry H Associates Inc’s best equity picks overall by dollar value: Berkshire Hathaway Inc. (NYSE:BRK.A), Johnson & Johnson (NYSE:JNJ) and Microsoft Corporation (NASDAQ:MSFT).

Largest Overall

Stake in BRK.A unchanged

Armstrong Henry H Associates Inc made no changes to its stake in Berkshire Hathaway Inc. (NYSE:BRK.A) during the second quarter. The fund owned 456 shares in the company at the end of the latest quarter, the same as the end of the previous one. However, the dollar value of the investment in Berkshire Hathaway depreciated to $93.4 million from $99.2 million as of the end of the first quarter 2015.

Armstrong takes up more shares in Johnson & Johnson (JNJ)

The stake in Johnson & Johnson (NYSE:JNJ) increased slightly to 444,395 shares at the end of the second quarter compared to 442,681 shares at the end of the first quarter. While the stockholding in Johnson & Johnson rose between the first and second quarters, the dollar value of the investment took a small plunge. At the end of the second quarter, the investment in Johnson & Johnson was valued at $43.3 million, below $44.5 million at the end of the first quarter.

Stake in Microsoft (MSFT) increased

Armstrong Henry H Associates Inc raised its stake in Microsoft Corporation (NASDAQ:MSFT) to 972,900 shares at the end of the second quarter. The previous stake was 968,090 shares for a total dollar value of $39.4 million. The new stake is valued at about $43 million.

Largest sells

Armstrong Henry H Associates Inc lowered stakes in Cisco Systems, Inc. (NASDAQ:CSCO) and Hershey Co (NYSE:HSY) among others.

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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