Warren Buffett’s Berksshire Hathaway (Nyse: mustache)(Nyse: mustache He recently submitted his 13F pattern that shows investors the latest positions. And by comparing them to the previous sub -also, investors can see what stocks the company buys and sales. Investors often accumulate in the stocks that Berksshire buys, wanting to imitate the moves of the company.
Here were the five biggest moves Berksshire made in the last quarter (which covered the last three months of 2024), based on changes in the number of shares.
Buffett has long been a lover of banking shares, and it is usually not difficult to find in Berksshire’s portfolio. One of his biggest stakes is in Bank of America (Nyse: bac). It is the second largest bank in the US based on its property, and investing in it is a great way to profit from long-term growth and success of the country. Buffett often encourages investors to “bet on America.”
But in the last quarter, Berkshire unloaded more than 117 million shares of the Bank of America shares. Berksshire still has approximately 9% stake in the upper bank and remains its third largest share, behind Apple and American Express. However, the reduction is the most prominent move for Buffett in the last quarter.
This may not have been special because of Buffett’s prospects for a particular stock, and instead, maybe it was because of the desire to expose the Berksshire sector as a whole because it is not the only bank stock On this list.
The next biggest move (based on the number of shares) for Berksshire was a reduction of more than 46 million shares Nu holdings(Nyse: nu)which provides digital banking services. It has 114 million customers in multiple markets, including Mexico, Brazil and Colombia. It is a fast growing business, reporting about 58% revenue growth in 2024.
After the sale of shares, Berksshire still has more than 40 million shares of NU Holdings, but as far as the total value is concerned, it is one of its smallest positions, it makes only 0.1% of the total portfolio.
Citigroup (Nyse: c) is another banking stock that Berkshire has reduced its position in the last quarter. The best bank has been involved in restructuring efforts in recent years to improve its financial performance, and this year has continued to reduce jobs.
Buffett’s Citigroup sales can be a sign that he is not optimistic about his turnaround or perhaps a simple part of a wider goal in reducing the total exposure to banking sections. Following the sale of shares, Berksshire now has less than 15 million shares in Citigroup, which made up one of the more drastic decreas that his company made during the last quarter. Citigroup currently makes up 0.4% of the total portfolio of Berkshire.
Sirius XM (Nasdaq: Siri) One stock on which Buffett remains quite a bull, which was a position that recorded the biggest increase in Berksshire in the last quarter, as its number increased by more than 12 million.
Radiodiphija Company generates subscription money to satellite radio. With a little competition, it has a strong ditchwhich probably appeals to Buffett. He also consistently reported on operational profits in each of the last four quarters. Amounts to 1% of the total portfolio of Berkshire, as a recent purchase of shares, Berksshire now has a 35% share in Sirius.
Another big position Berksshire has in oil and gas producer Occidental oil (Nyse: Oxy). He added nearly 9 million shares to his position in this section in the last quarter, and now makes more than 4% of his total portfolio-which makes him the sixth largest share for Berksshire.
As with Sirius, Occidental is a stock that Buffett loves clearly, because Berksshire has a 28% total share of business. Occidental has made a solid profit margin of about 9% for 12 months, as the stock has dropped for more than 21% in the last six months of the year, Buffett may have wanted to buy on the fall.
Investors may be worried that Buffett does a lot more sales than buying late, and Berksshire’s cash balance is still growing. By the end of 2024. He reached a record $ 334.2 billion, which is up to $ 325.2 billion in a quarter earlier.
Buffett may change positions, but Berkshire -O’s portfolio is still worth about $ 290 billion. Although current economic conditions can be disturbing and worrying for investors, Buffett has remained invested in the midst of even greater uncertainty in the past, remaining a course for decades. Although it can be adapted to Berksshire’s estates, this is by no means a sign that he cares that the market fall is around the corner.
He still invested on the market, and this turned out to be an excellent move during a long journey. Investors may want to consider changing the shares they have, but it is generally a good move to stay invested on the market, not to be out of it and try to do so with time.
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American Express is an advertising partner Motley Fool Money. Citigroup is an advertising partner Motley Fool Money. Bank of America is an advertising partner Motley Fool Money. David Jagieli There is no position in any of the shares mentioned. Motley Fool has positions and recommends Apple, Bank of America and Berksshire Hathaway. Motley Fool recommends Nu Holdings and Occidental Petroleum. Motley Fool has disclosure rules.
