In the third quarter of 2023, Warren Buffett’s Berkshire Hathaway bought stocks in three new companies – Liberty Media, Sirius XM Holdings, and Atlanta Braves Holdings.
However, Berkshire was a net seller of equities during the three months ended September 30, having sold 7 stocks.
Notably, Berkshire sold its entire stake in General Motors, a stock the company has held since around 2012.
Berkshire also reduced its stake in six companies – Amazon, Aon, Chevron, HP, Markle Group, and Globe Life.
These actions brought Berkshire’s portfolio to a value of $313.26 billion with 45 stocks.
Buffett is regarded as one of the greatest investors ever and has left an indelible mark on the finance world.
He has become an iconic figure in the investment community because of his extraordinary success and down-to-earth personality.
Buffett’s journey began in Omaha, Nebraska, where he developed an early interest in business and investing.
As a young boy, he would spend hours reading financial books and analysing stock market data.
Buffett’s passion for investing grew stronger as he progressed through his education, and he eventually earned a Master of Science in Economics from Columbia Business School.
After completing his education, Buffett established his own investment partnership in 1956, laying the foundation for his eventual success.
In 1965, Buffett took control of Berkshire Hathaway, a textile company he turned into an investment vehicle and one of the world’s largest companies by market cap.
Buffett – now 92 years of age – is still the CEO and chairman of Berkshire Hathaway, with his long-term partner Charlie Munger as the vice chairman.
Buffett’s investment strategy – value investing – involved buying shares of companies with solid fundamentals trading below their intrinsic value.
This patient and disciplined approach helped him navigate market fluctuations and generate exceptional returns.
Warren Buffett’s fame stems not only from his investment prowess but also from his unique personal qualities.
Despite accumulating immense riches, he has maintained a humble and frugal lifestyle, living in the same house he purchased decades ago and eschewing flashy displays of wealth.
Buffett’s annual shareholder letters and charismatic presence at Berkshire’s annual meetings have further endeared him to investors worldwide.
Moreover, Buffett is renowned for his philanthropic efforts. He pledged to donate most of his fortune to charitable causes.
His partnership with Bill and Melinda Gates to establish The Giving Pledge has inspired numerous billionaires to commit their wealth to philanthropy.
Berkshire Hathaway share portfolio
The table below shows Warren Buffett’s Berkshire Hathaway share portfolio on 30 June 2023.
|AAPL – Apple Inc.||50.04%||No change||$156,753,093,000|
|BAC – Bank of America Corp.||9.03%||No change||$28,279,489,000|
|AXP – American Express||7.22%||No change||$22,618,800,000|
|KO – Coca Cola Co.||7.15%||No change||$22,392,001,000|
|CVX – Chevron Corp.||5.93%||Reduce 10.45%||$18,590,066,000|
|OXY – Occidental Petroleum||4.64%||No change||$14,541,502,000|
|KHC – Kraft Heinz Co.||3.50%||No change||$10,954,355,000|
|MCO – Moody’s Corp.||2.49%||No change||$7,799,844,000|
|DVA – DaVita HealthCare Partners||1.09%||No change||$3,412,114,000|
|HPQ – HP Inc.||0.84%||Reduce 15.24%||$2,634,739,000|
|VRSN – Verisign Inc.||0.83%||No change||$2,595,546,000|
|C – Citigroup Inc.||0.73%||No change||$2,272,219,000|
|KR – Kroger Co.||0.71%||No change||$2,237,500,000|
|V – Visa Inc.||0.61%||No change||$1,908,499,000|
|CHTR – Charter Communications||0.54%||No change||$1,684,045,000|
|MA – Mastercard Inc.||0.50%||No change||$1,578,354,000|
|AON – Aon Plc||0.42%||Reduce 5.42%||$1,329,302,000|
|AMZN – Amazon.com Inc.||0.41%||Reduce 5.22%||$1,271,200,000|
|COF – Capital One Financial||0.39%||No change||$1,210,313,000|
|PARA – Paramount Global CL B||0.39%||No change||$1,209,129,000|
|LSXMK – Liberty SiriusXM Series C||0.35%||No change||$1,100,083,000|
|SNOW – Snowflake Inc.||0.30%||No change||$935,774,000|
|ALLY – Ally Financial Inc.||0.25%||No change||$773,719,000|
|NU – Nu Holdings Ltd||0.25%||No change||$776,611,000|
|TMUS – T-Mobile US Inc.||0.23%||No change||$734,143,000|
|DHI – D.R. Horton||0.20%||No change||$641,565,000|
|LSXMA – Liberty Sirius XM Series A||0.16%||No change||$514,286,000|
|FWONK – Liberty Media Corp Formula One Series C||0.15%||No change||$481,109,000|
|FND – Floor & Decor Holdings||0.14%||No change||$432,591,000|
|LPX – Louisiana-Pacific Corp.||0.12%||No change||$389,372,000|
|LLYVK – Liberty Media Corp. Series C Live||0.11%||Buy||$357,356,000|
|MKL – Markel Corp.||0.07%||Reduce 66.35%||$233,707,000|
|LLYVA – Liberty Media Corp. Series A Live||0.05%||Buy||$161,257,000|
|STNE – StoneCo Ltd.||0.04%||No change||$114,120,000|
|GL – Globe Life Inc.||0.03%||Reduce 66.97%||$90,356,000|
|NVR – NVR Inc.||0.02%||No change||$66,264,000|
|DEO – Diageo ADR||0.01%||No change||$33,976,000|
|JEF – Jefferies Financial Group Inc.||0.01%||No change||$15,881,000|
|LILA – Liberty LiLAC Group A||0.01%||No change||$21,468,000|
|SIRI – Sirius XM Holdings Inc.||0.01%||Buy||$43,768,000|
|SPY – SPDR S&P 500 ETF Trust||0.01%||No change||$16,843,000|
|VOO – Vanguard S&P 500 ETF||0.01%||No change||$16,886,000|
|BATRK – Atlanta Braves Holdings Inc. Series C||0.00%||Buy||$7,991,000|
|LEN.B – Lennar Corp. CL B||0.00%||No change||$15,597,000|
|LILAK – Liberty LiLAC Group C||0.00%||No change||$10,478,000|