U.S. Markets closed

Aquamarine Capital Management, LLC Buys Bank of America Corporation, Sells TerraForm Power Inc

- By insider

New York, NY, based Investment company Aquamarine Capital Management, LLC buys Bank of America Corporation, sells TerraForm Power Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Aquamarine Capital Management, LLC. As of 2019Q1, Aquamarine Capital Management, LLC owns 11 stocks with a total value of $181 million. These are the details of the buys and sells.

  • Added Positions: BAC, SRG,
  • Sold Out: TERP,


For the details of Aquamarine Capital Management, LLC's stock buys and sells,
go to https://www.gurufocus.com/guru/aquamarine+capital+management%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of Aquamarine Capital Management, LLC

  1. Fiat Chrysler Automobiles NV (FCAU) - 2,000,000 shares, 16.43% of the total portfolio.
  2. Berkshire Hathaway Inc (BRK.B) - 140,600 shares, 15.58% of the total portfolio.
  3. Ferrari NV (RACE) - 200,000 shares, 14.79% of the total portfolio.
  4. American Express Co (AXP) - 222,430 shares, 13.41% of the total portfolio.
  5. Bank of America Corporation (BAC) - 767,845 shares, 11.69% of the total portfolio. Shares added by 30.14%

Added: Bank of America Corporation (BAC)

Aquamarine Capital Management, LLC added to a holding in Bank of America Corporation by 30.14%. The purchase prices were between $24.56 and $29.82, with an estimated average price of $28.23. The stock is now traded at around $28.59. The impact to a portfolio due to this purchase was 2.71%. The holding were 767,845 shares as of .

Sold Out: TerraForm Power Inc (TERP)

Aquamarine Capital Management, LLC sold out a holding in TerraForm Power Inc. The sale prices were between $10.97 and $14.07, with an estimated average price of $12.26.



Here is the complete portfolio of Aquamarine Capital Management, LLC. Also check out:

1. Aquamarine Capital Management, LLC's Undervalued Stocks

2. Aquamarine Capital Management, LLC's Top Growth Companies, and

3. Aquamarine Capital Management, LLC's High Yield stocks

4. Stocks that Aquamarine Capital Management, LLC keeps buyingThis article first appeared on GuruFocus.