The latest quaterly 13-F form filed by Berkshire Hathaway with the SEC showed that the company added more shares of Johnson & Johnson. In the second quarter it added almost 4.4 millions shares of JNJ. If my math is correct, Berkshire now holds almost 37 million shares of JNJ.

As you may remember from my recent post, we have started our position on JNJ with an average price of  $54.90. Currently, JNJ makes up about 7% of our portfolio. Now, we may only have a milionth of what Buffett has on JNJ, but it is good to be on the same side as the “Oracle of Omaha”.