Warren Buffett pumps money into oil

In the fourth quarter of 2023, Warren Buffett’s Berkshire Hathaway bought no new stocks but added to his stake in three companies.

This was revealed in Berkshire’s 13F filing with the SEC, which is required for all investors who manage over $100 million in funds.

While Berkshire did not add any new companies to its portfolio, it sold its stake in four companies – DR Horton, Markel Group, StoneCo and Globe Life.

The firm also reduced its stake in six companies – Apple, Paramount Global, and HP Inc.

This increased the value of Berkshire’s portfolio to $347.36 billion with 41 stocks.

Buffett is a titan in the realm of investing, with his influence having had an enduring imprint on the financial landscape.

He was elevated to icon status within the investment community through his remarkable achievements and relatable demeanour.

His investment journey started in Omaha, Nebraska, where his early fascination with business and finance took root.

Since his formative years, Buffett has immersed himself in financial literature and meticulously studied stock market trends.

With an unwavering passion for investment, he pursued higher education, ultimately attaining a Master of Science in Economics from Columbia Business School.

In 1956, Buffett embarked on his entrepreneurial path, establishing his own investment partnership and laying the groundwork for his future triumphs.

In a pivotal move in 1965, Buffett assumed control of Berkshire Hathaway, transforming it from a textile company into a global investment powerhouse.

At 93, Buffett remains at the helm of Berkshire Hathaway.

Central to Buffett’s investment philosophy is value investing, wherein he identifies undervalued companies with strong fundamentals, a strategy that has yielded remarkable returns over time.

Beyond his investment acumen, Buffett’s humility and frugality, despite his immense wealth, have garnered widespread admiration.

He resides in the same modest home he purchased decades ago and shuns ostentatious displays of affluence.

Buffett’s annual shareholder letters and engaging presence at Berkshire’s annual meetings have endeared him to investors worldwide.

Moreover, his philanthropic endeavours underscore his commitment to giving back, with a pledge to donate the majority of his fortune to charitable causes.

Through initiatives like The Giving Pledge, co-founded with Bill and Melinda Gates, Buffett’s philanthropic leadership has inspired numerous billionaires to join in the spirit of giving.

Berkshire Hathaway share portfolio

The table below shows Warren Buffett’s Berkshire Hathaway share portfolio on 31 December 2023.

CompanyPortfolio PercentageChangeValue
AAPL – Apple Inc.50.19%Reduce 1.09%$174,347,467,000
BAC – Bank of America Corp.10.01%No change$34,776,127,000
AXP – American Express8.18%No change$28,402,748,000
KO – Coca Cola Co.6.79%No change$23,571,999,000
CVX – Chevron Corp.5.41%Add 14.37%$18,808,080,000
OXY – Occidental Petroleum4.19%Add 8.74%$14,552,271,000
KHC – Kraft Heinz Co.3.47%No change$12,041,976,000
MCO – Moody’s Corp.2.77%No change$9,635,028,000
DVA – DaVita HealthCare Partners1.09%No change$3,781,372,000
C – Citigroup Inc.0.82%No change$2,841,792,000
VRSN – Verisign Inc. 0.76%No change$2,639,504,000
KR – Kroger Co.0.66%No change$2,285,500,000
V – Visa Inc.0.62%No change$2,160,244,000
MA – Mastercard Inc. 0.49%No change$1,700,345,000
COF – Capital One Financial 0.47%No change$1,635,201,000
AMZN – Inc.0.44%No change$1,519,400,000
CHTR – Charter Communications 0.43%No change$1,488,233,000
LSXMK – Liberty SiriusXM Series C0.36%No change$1,243,535,000
SNOW – Snowflake Inc.0.35%No change$1,218,950,000
AON – Aon Plc0.34%No change$1,193,181,000
ALLY – Ally Financial Inc.0.29%No change$1,012,680,000
PARA – Paramount Global CL B0.27%Reduce 32.44%$936,540,000
NU – Nu Holdings Ltd0.26%No change$892,299,000
TMUS – T-Mobile US Inc.0.24%No change$840,450,000
HPQ – HP Inc0.20%Reduce 77.71%$687,639,000
LSXMA – Liberty Sirius XM Series A0.17%No change$580,769,000
FND – Floor & Decor Holdings0.15%No change$533,257,000
FWONK – Liberty Media Corp Formula One Series C0.14%No change$487,519,000
LPX – Louisiana-Pacific Corp.0.14%No change$498,991,000
LLYVK – Liberty Media Corp. Series C Live0.12%No change$416,247,000
SIRI – Sirius XM Holdings Inc.0.06%Add 315.60%$220,130,000
LLYVA – Liberty Media Corp. Series A Live0.05%No change$184,648,000
NVR – NVR Inc.0.02%No change$77,789,000
DEO – Diageo ADR0.01%No change$33,174,000
JEF – Jefferies Financial Group Inc.0.01%No change$17,520,000
LEN.B – Lennar Corp. CL B0.01%No change$20,452,000
LILA – Liberty LiLAC Group A0.01%No change$19,231,000
SPY – SPDR S&P 500 ETF Trust0.01%No change$18,727,000
VOO – Vanguard S&P 500 ETF0.01%No change$18,782,000
BATRK – Atlanta Braves Holdings Inc. Series C0.00%No change$8,852,000
LILAK – Liberty LiLAC Group C0.00%No change$9,425,000


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