At Extreme Investor Network, we believe in providing our readers with exclusive insights and valuable information in the world of investing. Today, we are excited to discuss Berkshire Hathaway’s first-quarter 2024 figures and its focus on just five key stocks.
Berkshire Hathaway, led by the legendary investor Warren Buffett, revealed in its recent report that it has maintained its top five holdings unchanged during the first three months of 2024. Despite the stock market reaching record levels and the beginning of a new bull run, Berkshire Hathaway has not made any significant changes to its portfolio composition.
One of the notable adjustments made by Berkshire Hathaway was the trimming of its Apple investment by 13% during the first quarter. This marks the second consecutive period in which the conglomerate has reduced its stake in the tech giant. As of the end of March, Berkshire Hathaway held approximately $135.4 billion worth of Apple shares, making it the largest position in its portfolio.
While Apple has faced some challenges in the market this year, losing more than 4% of its value, Berkshire Hathaway continues to have confidence in the company’s long-term growth potential. In addition to Apple, other major holdings in Berkshire Hathaway’s portfolio include $34.5 billion in American Express, $39.2 billion in Bank of America, $24.5 billion in Coca-Cola, and $19.4 billion in Chevron.
These five positions collectively make up about 75% of Berkshire Hathaway’s stock portfolio, highlighting the conglomerate’s commitment to its core investments. As investors, it’s important to pay attention to the strategic moves made by industry giants like Berkshire Hathaway, as they can provide valuable insights into market trends and opportunities.
Stay tuned to Extreme Investor Network for more exclusive updates and expert analysis on the latest developments in the world of investing. Our team of seasoned professionals is dedicated to helping you make informed investment decisions and achieve your financial goals.
