How Warren Buffett's Berkshire Portfolio Changed So Far This Year

Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) has had an absorbing twelvemonth portfolio-wise pinch its rate heap reaching a grounds high, notable cutbacks successful immoderate long-standing investments, and immoderate offbeat caller bets.

As nan twelvemonth draws to an end, let's return a look astatine really Berkshire's holdings person changed this twelvemonth truthful far.

We're utilizing nan astir precocious disposable regulatory filings for this data. However, they whitethorn not correspond nan astir existent authorities of Berkshire positions arsenic reports for nan 4th fourth of 2024 will beryllium revenge early adjacent year.

Berkshire's Record Cash Pile

At nan extremity of nan 3rd quarter, Berkshire Hathaway's rate heap swelled to a grounds $325.2 billion, pinch much than 88%—$288 billion—invested successful U.S. Treasurys.

Investors will beryllium looking to adjacent twelvemonth to spot really Berkshire deploys that cash—whether it's investing successful different stocks aliases buying backmost its ain shares.

A batch of that money came from trading stocks. Berkshire trim backmost connected immoderate awesome holdings and moreover orchestrated a fewer exits.

Big Cuts to Apple, BofA Stakes

Buffett scaled backmost Berkshire's liking successful its largest holding, Apple (AAPL), to conscionable a 3rd of what it was astatine nan extremity of past year. The institution sold much than 600 cardinal Apple shares this year, bringing nan worth of its liking down to astir $70 cardinal astatine nan extremity of September from astir $175 cardinal astatine nan extremity of 2023.

Buffett notably trimmed Berkshire's holdings of Bank of America (BAC) banal arsenic well. Berkshire sold much than 235 cardinal shares successful nan country's second-largest bank, reducing it liking to less than 10% of nan bank's outstanding shares by October and it nary longer has to study its transactions.

The institution besides reduced its holdings this twelvemonth of Capital One Financial (COF), Charter Communications (CHTR), Chevron (CVX), Louisiana-Pacific (LPX), Nu Holdings (NU), and T-Mobile US (TMUS).

New Stocks successful Berkshire's Portfolio

Berkshire Hathaway made astatine slightest 4 caller banal purchases this twelvemonth by betting connected beauty products shaper Ulta Beauty (ULTA), Domino's Pizza (DPZ), aerospace and electronics patient Heico Corp. (HEI), and swimming excavation supplier Pool Corp. (POOL).

Berkshire first revealed its liking successful Ulta Beauty successful nan 2nd 4th but sold much than 96% of its shares successful nan 3rd quarter—unusual for nan conglomerate, which is known to clasp its investments for galore years.

However, Berkshire added to its Heico holdings successful nan 3rd quarter, hiking it liking by a small complete 5,000 shares to 1.05 cardinal shares. The institution besides added to its existing positions this twelvemonth successful Occidental Petroleum (OXY) and Sirius XM (SIRI).

Technically, Berkshire sewage into a caller position successful security institution Chubb (CB) past year, but it requested nan U.S. Securities and Exchange Commission (SEC) support that accusation private. The liking was yet revealed earlier this year.

Stock Positions Berkshire Exited

One of nan biggest banal exits for Berkshire Hathaway this twelvemonth was trading its much than 22 cardinal shares successful HP (HPQ) weighted astatine astir $688 cardinal astatine nan extremity of 2023.

Buffett's holding institution besides sold each its 63.3 cardinal shares successful Paramount Global (PARA) astatine a loss, nan legendary investor admitted astatine Berkshire's yearly shareholders gathering held successful May.

Berkshire sold its equity holdings successful Floor & Decor (FND) and Snowflake (SNOW) too.