Warren Buffett sold 10 million Apple shares and added new companies to his portfolio

Warren Buffett sold 10 million Apple shares and added new companies to his portfolio

February 15, 2024 – 19:22

Berkshire currently controls more than 905 million Apple shares, with a market value of $174 billion, and a portfolio weight of 50.2%.

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The Oracle of Omaha Warren Buffett decided to sell for the first timethrough its holding company, Berkshire Hathaway, Apple stocksomething he had never done since entering this technology, during 2016.

During the fourth quarter, its holding company divested 10 million shares from the manzanita company.

Berkshire currently controls more than 905 million Apple shareswith a market value of 174 billion dollarsand a weighting in its portfolio of 50.2%.

In addition to this move, Buffett sold more than 30 million shares of Paramount Global In the last quarter of last year, almost 80 million titles of H.P. and all his participation in Markel, StoneCo and Globe Life.

On the contrary, he bought more than 30 million shares of Sirius XM15.8 million titles Chevron and 19.6 million shares of Occidental Petroleum.

Besides Apple, the largest holdings in his portfolio are Bank of Americawith a weighting of 10%, American Express (8.2%), Coca Cola (6.8%) and those mentioned Chevron (5.4%) and Occidental Petroleum (4.2%).

Source: Ambito

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