IMPORTANT POINTS:
- Warren Buffett’s Berkshire Hathaway has 77% of its stock exposure in just five companies: Apple, Coca-Cola, American Express, Bank of America and Chevron.
- Apple is the company with the greatest weight in the portfolio, with a value of 151 billion dollars at the end of the first quarter of 2023, which represents an increase compared to the end of the previous year.
- Despite the recent stock sale, Berkshire Hathaway remains confident in its long-term investments in Coca-Cola, American Express and Bank of America.
Warren Buffett’s investment conglomerate, Berkshire Hathaway, holds much of its stock portfolio in five companies. Specifically, 77% of its exposure to shares is distributed in Apple, Coca-Cola, American Express, Bank of America and Chevron.
Apple is the company with the greatest weight in the portfolio, with a value of 151 billion dollars at the end of the first quarter of 2023, which represents an increase compared to the end of the previous year. The rise stems from the company’s recovery from a 27% decline last year, as its fiscal second-quarter revenue beat Wall Street expectations.
Berkshire Hathaway has sold $13.2 billion worth of shares and only bought $2.8 billion during the first quarter of the year. Although Chevron remains one of the top five companies Berkshire invests in, the company has reduced its stake in the energy company for the second consecutive quarter.
Coca-Cola, American Express and Bank of America remain big investments for Berkshire, although Bank of America has lost ground in the financial sector so far this year. Occidental Petroleum shares were also acquired in 2022.
In conclusion, Berkshire Hathaway’s investment strategy remains focused on a small group of companies, led by Apple. Despite the recent share sale, the company remains confident in its long-term investments in Coca-Cola, American Express and Bank of America.
