Three new stocks Warren Buffett bought in 2023
In the first quarter of 2023, Warren Buffett’s Berkshire Hathaway bought three new stocks – Capital One Financial, Diageo ADR, and Vitesse Energy.
Berkshire Hathaway increased its stake in seven others: Apple, Bank of America, Occidental Petroleum, HP, Citigroup, Paramount Global, and Markel.
Buffett is widely 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 is still the CEO and chairman of Berkshire Hathaway, with his long-term partner Charlie Munger as the vice chairman.
Buffett’s investment strategy, called 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 Hathaway’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 31 March 2023.
|AAPL – Apple Inc.||46.44%||Add 2.28%||$150,975,908,000|
|BAC – Bank of America Corp.||9.09%||Add 2.25%||$29,539,568,000|
|AXP – American Express||7.69%||No change||$25,008,185,000|
|KO – Coca Cola Co.||7.63%||No change||$24,812,002,000|
|CVX – Chevron Corp.||6.65%||Reduce 18.76%||$21,603,624,000|
|OXY – Occidental Petroleum||4.07%||Add 8.93%||$13,216,875,000|
|KHC – Kraft Heinz Co.||3.87%||No change||$12,592,298,000|
|MCO – Moody’s Corp.||2.32%||No change||$7,549,445,000|
|ATVI – Activision Blizzard Inc.||1.3%||Reduce 6.22%||$4,231,550,000|
|HPQ – HP Inc.||1.09%||Add 15.77%||$3,549,965,000|
|DVA – DaVita HealthCare Partners||0.9%||No change||$2,927,712,000|
|VRSN – Verisign Inc.||0.83%||No change||$2,708,323,000|
|C – Citigroup Inc.||0.8%||Add 0.16%||$2,590,429,000|
|KR – Kroger Co.||0.76%||No change||$2,468,500,000|
|PARA – Paramount Global CL B||0.64%||Add 0.10%||$2,091,139,000|
|V – Visa Inc.||0.58%||No change||$1,870,745,000|
|GM – General Motors||0.45%||Reduce 20.00%||$1,467,200,000|
|MA – Mastercard Inc.||0.45%||No change||$1,448,788,000|
|AON – Aon Plc||0.42%||Reduce 1.39%||$1,366,782,000|
|CHTR – Charter Communications||0.42%||No change||$1,369,268,000|
|LSXMK – Liberty SiriusXM Series C||0.37%||No change||$1,209,400,000|
|AMZN – Amazon.com Inc.||0.34%||Reduce 1.08%||$1,089,813,000|
|CE – Celanese Corp.||0.3%||Reduce 9.18%||$960,302,000|
|COF – Capital One Financial||0.29%||Buy||$954,099,000|
|SNOW – Snowflake Inc.||0.29%||No change||$945,084,000|
|MCK – McKesson Corp.||0.25%||Reduce 19.81%||$815,306,000|
|ALLY – Ally Financial Inc.||0.23%||Reduce 2.68%||$739,211,000|
|TMUS – T-Mobile US Inc.||0.23%||No change||$759,251,000|
|GL – Globe Life Inc.||0.22%||No change||$699,037,000|
|MKL – Markel Corp.||0.19%||Add 0.87%||$602,505,000|
|FWONK – Liberty Media Corp F1||0.18%||No change||$577,871,000|
|LSXMA – Liberty Sirius XM Series A||0.17%||No change||$567,633,000|
|NU – Nu Holdings Ltd||0.16%||No change||$509,885,000|
|FND – Floor & Decor Holdings||0.14%||No change||$469,492,000|
|LPX – Louisiana-Pacific Corp.||0.12%||No change||$381,905,000|
|STNE – StoneCo Ltd.||0.03%||No change||$102,035,000|
|JNJ – Johnson & Johnson||0.02%||No change||$50,701,000|
|MMC – Marsh & McLennan||0.02%||No change||$67,438,000|
|DEO – Diageo ADR||0.01%||Buy||$41,264,000|
|LILA – Liberty LiLAC Group A||0.01%||No change||$21,862,000|
|MDLZ – Mondelez International||0.01%||No change||$40,298,000|
|PG – Procter & Gamble||0.01%||No change||$46,897,000|
|JEF – Jefferies Financial Group Inc.||0%||No change||$13,761,000|
|LILAK – Liberty LiLAC Group C||0%||No change||$10,606,000|
|SPY – SPDR S&P 500 ETF Trust||0%||No change||$16,130,000|
|UPS – United Parcel Service||0%||No change||$11,523,000|
|VOO – Vanguard S&P 500 ETF||0%||No change||$16,171,000|
|VTS – Vitesse Energy Inc.||0%||Buy||$971,000|