You need to keep up on Warren Buffett stocks, because while the Berkshire Hathaway (BRKB) chief sticks to a winning investing formula, that doesn’t mean sitting still.
↑
X
This Is What Warren Buffett Looks For In Winning Stocks – And Why Tesla Didn’t Make The Cut
In the second quarter of 2024, Buffett’s Berkshire nearly halved its massive Apple (AAPL) position. Apple stock remains one of Berkshire’s largest holdings.
Among other Q2 moves, Berkshire reduced its position in Chevron (CVX) and several other stocks. It added to Occidental Petroleum (OXY) and other holdings.
Berkshire exited Paramount Global (PARA) and Snowflake (SNOW) during the quarter.
In the current Q3, Berkshire reduced its position in Bank of America (BAC), after a strong run for its shares in the first half of 2024. Several reports on Tuesday said that Buffett continued to sell Bank of America stock in recent days after making sizable cuts to the top holding in late July.
Top Warren Buffett Stocks By Size
As of August, these are the top stocks in Berkshire’s portfolio by number of shares, based on regulatory filings:
- Bank of America (BAC), 928 million
- Apple (AAPL), 400 million
- Coca-Cola (KO), 400 million
- Kraft Heinz (KHC), 325.6 million
- Occidental Petroleum (OXY), 255.3 million
- American Express (AXP), 151.6 million
- Sirius XM (SIRI), 132.9 million
- Chevron (CVX), 118.6 million
- Nu Holdings (NU), 107.1 million
- Liberty Sirius XM (LSXMA), 70 million.
All told, Buffett and his team oversee around 50 stocks in Berkshire’s equity portfolio.
Berkshire Hathaway Investment Strategy
Apple stock is tied with Coca-Cola for second place in Berkshire Hathaway’s portfolio by number of shares. But it is easily No. 1 by market value.
After the hefty Q2 2024 cuts, that Apple stake was still worth a whopping $84.25 billion.
In fact, you could call Apple the poster child for Warren Buffett stocks due to its strong earnings, returns and management.
Top Buffett stocks tend to be dividend growers. Take Coca-Cola, which has grown dividends for more than 50 years.
Between 1965 and 2023, Berkshire Hathaway’s stock portfolio posted a 19.8% compound annual gain. That is nearly double the 10.2% return of the S&P 500 index, with dividends included.
Buy And Hold For The Long Term
Buffett is known as a buy-and-hold investor, hanging on to stocks for years and even decades. But there has been rapid turnover lately.
Since 2020, the investing legend has dumped many financial stocks, drug and airline stocks — not long after buying them for the first time.
However, Buffett continues to prioritize finding and buying quality stocks at a fair price — and holding them for the long term. He patiently builds those stock positions over time.
Buffett has owned Coca-Cola since 1988, for example. He has owned American Express since 2001 and Apple since 2016.
Apple now makes up 31% of Berkshire’s total equity portfolio. That is down from 41% before the Q2 2024 cuts, but up from 6% in 2016.
Warren Buffett Investment Strategy
Investor’s Business Daily created a screen of stocks based on the Buffett investment strategy.
IBD generally uses a different stock-picking strategy than Warren Buffett does. But companies owned by Buffett can sometimes be found on the IBD Leaderboard and IBD 50 list of top growth stocks.
YOU MAY ALSO LIKE:
Here Are Warren Buffett’s Top Q2 Stock Buys And Sells
Is The Ultimate Warren Buffett Stock A Buy Right Now?
Warren Buffett Stocks: Screen Stocks Based On The Warren Buffett Investment Strategy
Find Winning Stocks With MarketSmith Pattern Recognition & Custom Screens
Best Growth Stocks To Buy And Watch: See Updates To IBD Stock Lists
