Welcome back to the Investing Pioneer Blog, where we discuss the latest financial news and trends that impact your investment portfolio. Today, we’ll take a closer look at the top stocks owned by Berkshire Hathaway, as outlined in their latest SEC 13F filing. We will Breakdown his top stocks that we here at Investing Pioneers find most valuable.
As many of you may already know, Berkshire Hathaway is one of the largest and most successful conglomerates in the world, led by the legendary investor Warren Buffett. Despite his reputation for value investing, Warren Buffett has proven time and again that he is not afraid to venture into new territories, such as tech stocks and cryptocurrencies.
One of the standout holdings in Berkshire’s portfolio is Apple (AAPL). This should come as no surprise to those who have followed Buffett’s investment style over the years. The company has been one of the most innovative in the world, creating new products and services that have transformed how we live our lives. In fact, Buffett once said that Apple is “probably the best business I know in the world.”
Another notable holding is Bank of America (BAC), one of the largest banks in the US. Buffett started investing in the lender in 2011, after the financial crisis of 2008 threatened to disrupt the entire financial system. Since then, Berkshire has amassed over 1 billion shares in the institution, with a value of $37.24bn based on the latest report.
Perhaps surprising to some, Chevron (CVX) has also made its way into the top 20 Berkshire Hathaway holdings this year. The recent surge in oil prices amid rising geopolitical tensions has pushed the stock of Chevron and other oil companies up, making them attractive investments. Berkshire is now the largest stockholder of Chevron, with a value of $28.77bn based on the share price as of February 8, 2023.
Last but not least is Coca-Cola (KO), a legacy holding in Buffett’s portfolio. The CEO started investing in the carbonated beverage back in 1988 and has since ramped up Berkshire’s stake in the company to 400 million shares. Buffett has been known to drink Cherry Coke regularly and praises the “tasteless” nature of the beverage, making it a type of drink that people can’t get tired of.
These top stocks owned by Berkshire Hathaway reflect Warren Buffett’s investment philosophy and his willingness to invest in companies that have strong fundamentals and long-term growth prospects. Whether you’re a small-time investor like Peter Burke or a seasoned veteran, it’s always important to keep an eye on the market and stay informed about the latest developments. Thanks for reading and until next time, happy investing!
