Berkshire Hathaway Sells Intel; Buys National-Oilwell Varco

Berkshire Hathaway BRK BRK, the holding company run by Warren Buffett, released its second-quarter 13-F filing on Tuesday after the closing bell. The updated filing shows the moves that Berkshire has made in its stock holdings over the last quarter. Most surprisingly, Berkshire has sold its entire stake in chip-maker Intel INTC, which was purchased not that long ago. Buffett and his investing lieutenants, Todd Combs and Todd Weschler also trimmed holdings in numerous stocks, including Visa V, UPS UPS, Johnson & Johnson JNJ, Procter & Gamble PG, Dollar General DG, GM GM, General Electric GE and Ingersoll-Rand IR, CVS Caremark CVS, and Kraft KFT. Among the stocks which Buffett added to in the quarter were Liberty Media LMCA, Phillips 66 PSX, Lee Enterprises LEE, and IBM IBM. Berkshire also initiated a position in National-Oilwell Varco NOV during the quarter, according to its 13-F filing.