Warren Buffett's Berkshire Hathaway released its 13F for the quarter ended June 30, 2008. Below are some notable moves:
- New 3,238,100 share stake in NRG Energy (NYSE: NRG)

- Raised stake in Ingersoll-Rand (NYSE: IR) from 936,600 shares to 5,636,600 shares
- Raised stake in Union Pacific (NYSE: UNP) from 4,453,000 shares to 8,906,000 shares
- Lowered stake in Anheuser-Busch (NYSE: BUD) from 35,563,200 shares to 13,845,000 shares. NOTE: BUD agreed to be acquired by InBev, so there is likely no more upside in the stock.
- ConocoPhillips (NYSE: COP) lowered 17,508,700 shares to 0 shares.
Buffett maintained his position is large holding Wells Fargo & Company (NYSE: WFC), which is worth nearly $9B. He also maintained his massive positions in Procter & Gamble (NYSE: PG) ($7.4B), Burlington Northern (NYSE: BNI) ($6.3B), American Express (NYSE: AXP) ($5.8B) and Kraft (NYSE: KFT) ($4.5B), among others.