Berkshire Hathaway has revealed that Warren Buffett sold almost half of his Apple shares in the last quarter, attracting attention. Here is the current status of the legendary investor’s major holdings: According to Berkshire Hathaway’s latest earnings report, about 72% of Berkshire Hathaway’s stock portfolio is concentrated in five stocks. Despite the Oracle of Omaha’s massive selling, Apple remains Berkshire Hathaway’s largest holding, with a market capitalization of $84.2 billion at the end of June. Berkshire Hathaway recently began selling part of its shares in Bank of America, its second-largest holding after Apple, for 12 consecutive days starting in July. Third-quarter transactions are not included in Berkshire Hathaway’s 10-Q report released on Saturday, meaning that the value of Bank of America’s shares has fallen to about $37 billion from $41.1 billion at the end of June. Berkshire slightly reduced its Chevron stake in the second quarter, but the energy stock, which had a market capitalization of $18.6 billion at the end of June, remained in the conglomerate’s top five holdings. Berkshire has been actively buying and selling the stock for several quarters. Meanwhile, Berkshire holds longtime investments Coca-Cola and American Express, worth $25.5 billion and $35.1 billion, respectively, at the end of the second quarter. Coca-Cola shares have risen more than 17% this year, while American Express has risen 24%. Both stocks have outperformed the S&P 500 so far in 2024. Buffett was in a selling mood overall in the second quarter, with Berkshire selling more than $75 billion in stocks, increasing its total cash balance to an astounding $277 billion. Even after the sales, these holdings remain the same as the top five Berkshire disclosed in the first quarter.
Warren Buffett’s top stock holdings, as revealed in Berkshire’s latest quarterly earnings report, are:
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