In The First Quarter, Buffett Lowered Consumer Spending &Nbsp; Soros Aimed At Energy Stocks.

In the "turbulent market" created by the European debt crisis, investors will inevitably be confused. However, a document submitted to the SEC on 17 may be able to give some inspiration to them. This report reveals the secret of Wall Street investment experts.

"Stock god" Buffett reduced food and consumer stocks in the first quarter of this year, while the "financial Predator" Soros increased investment in energy stocks in the first quarter.

Buffett abandons kraft

Documents show that Buffett's Boxill Hathaway company sold 639 million shares in the first quarter of this year, including the reduction of Kraft Foods, Johnson and Procter & Gamble, which was used by Buffett to complete his biggest acquisition in 40 years.

Berkshire once owned 9.4% of Kraft Foods and was the largest shareholder of the company.

However, at the beginning of the year, Kaf bought the chocolate giant Cadbury with his company's stock and sold Kaf's frozen pizza business to Nestle.

The two pactions were strongly opposed by major shareholder Buffett.

Buffett had publicly criticized the Kraft Foods executive Erin Rosenfeld for the two pactions at the annual meeting of shareholders.

Berkshire also sold 23% of its stake in Kraft Foods in the first quarter of this year.

In addition, Berkshire sold its holdings in health care company joint health group and Wei Bang company, and sold all Sun Trust Banks Inc shares, and also reduced a small stake in The Travelers Insurance Co.

Another $8 billion bond was also reduced by Buffett.

During the same period of stock reduction, Berkshire completed a deal to buy the second largest railway operator in the United States, North Burlington railroad, for $27 billion.

Buffett initially issued a takeover offer at the end of last year.

At that time, Buffett said that it would provide financial support for the paction through cash holdings of some investments and a debt of $8 billion worth of sales.

"Facing the slow growth of the economy, Buffett is trying to take more creative portfolios," said Michael Usikami, chief strategist at YCMNet investment adviser. "He is trying to include more overseas assets in his" game sites ", which may also include some of the alternative assets of the United States.

The company is one of Berkshire's shareholders.

Soros buys big energy stocks

Unlike Buffett's massive sell-off, Soros led its quantum fund management company to increase its holdings of energy stocks.

According to documents submitted by the company to SEC, Soros's position in the first quarter of this year increased from 7 million 700 thousand shares in the fourth quarter of last year to 9 million 100 thousand shares, and its shares in Suncor energy company also increased from 7 million 200 thousand shares in the previous quarter to 8 million 700 thousand shares in Brazil.

In addition, Soros has bought 5 million 900 thousand shares of Cobalt international energy company.

With the popularity of energy stocks, Citigroup's shares were almost cleared by Soros.

Documents show that as of March 31st this year, the quantum fund held only 10 thousand and 500 shares of Citigroup.

Last December 31st, the company posted 94 million 700 thousand shares.

However, while selling Citigroup, Soros did not give up investment in financial stocks.

By the end of March, the quantum fund had bought 2 million 500 thousand shares of J.P. Morgan. He also bought 908 thousand shares of the US PNC financial services group and 2 million shares of the United States bank of America.

In addition, 19 million 400 thousand shares of ADC Telecom stock and 16 million 400 thousand Global Telecom Co. Ltd. have become Soros's new favorites.