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Warren Buffett, Donald Yacktman Believe In The Value Of The Coca-Cola Co (KO) And These Four Stocks

Yacktman Management and Berkshire hold respective stakes in U.S. Bancorp (NYSE:USB) of 11.83 million shares valued at $516.58 million and 83.77 million shares valued at $3.66 billion as of the end of March. The combined holding comprises over 5% of the company’s outstanding common stock. Jean-Marie Eveillard’s First Eagle Investment Management is the third-largest shareholder of U.S. Bancorp (NYSE:USB) within our database, owning some 11.73 million shares valued at $512.10 million.

Neither Buffett nor Yacktman have lost hope in the $233 billion retail giant, Wal-Mart Stores, Inc. (NYSE:WMT), even though the stock has slid by nearly 16% so far this year. Yacktman trimmed his fund’s holding in the company by 4% during the first quarter to 3.14 million shares valued at $257.93 million, while Berkshire stayed put with its stake of 60.39 million shares valued at $4.97 billion. The combined holding represents about 3% of Wal-Mart Stores, Inc. (NYSE:WMT)’s outstanding shares. After Berkshire, Michael Larson’s Bill & Melinda Gates Foundation Trust is the largest stockholder of the company in our database with 11.60 million shares valued at $954.35 million.

Yacktman Management’s stake in Bank of New York Mellon Corp (NYSE:BK) is comprised of 7.55 million shares valued at $303.66 million while Berkshire held 20.68 million shares valued at $832.18 million after trimming its stake in the company by 4% during the first quarter. So far this year, Bank of New York Mellon Corp (NYSE:BK)’s stock has appreciated by 6.83%. Nelson Peltz’s Trian Partners is the largest stockholder of the company among the funds that we track, holding 30.23 million shares valued at $1.22 billion.

Disclosure: None

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