Buffett sells energy, buys drugmaker stocks
Warren Buffett's Berkshire Hathaway sells ConocoPhillips shares in second quarter; buys Johnson & Johnson.
NEW YORK (CNNMoney.com) -- Investor guru Warren Buffett bought up millions of shares of health care and drugmaker stocks in recent months while shedding energy shares, according to a Friday filing with the Securities and Exchange Commission.
In his biggest acquisition of the second quarter, Buffett's Berkshire Hathaway (BRK.A) investing company added nearly 4 million shares of drug and consumer product maker Johnson & Johnson (JNJ, Fortune 500), bringing his tally to nearly 37 million shares.
In other large sell-offs, Buffett unloaded more than a million shares of each of the following companies: Home Depot (HD, Fortune 500), Wellpoint (WLP, Fortune 500) and United Health Group (UNH, Fortune 500).