Berkshire Hathaway Portfolio Changes

Buffett's Berkshire Hathaway Stock Buys and Sells in Q2

Berkshire Hathaway Portfolio Changes

Warren Buffett's Berkshire Hathaway recently released its 13F for the second quarter of 2024, revealing changes to its stock portfolio. Here are some key moves:

Buys:

• Ulta Beauty (ULTA): Berkshire Hathaway acquired a stake in the beauty products retailer, adding it to the portfolio for the first time.
• Chubb (CB): The insurer saw a significant increase in its holding by Berkshire Hathaway, with the company becoming a new top-10 position.

Sells:

Berkshire Hathaway reduced or sold its holdings in several companies, including:

• Kroger (KR): The grocery chain saw a significant reduction in its Berkshire Hathaway stake.
• McDonalds (MCD): Berkshire Hathaway sold a portion of its longstanding stake in the fast-food giant.

Portfolio Overview:

Berkshire Hathaway's portfolio remains heavily focused on value stocks, with a concentration in the financial, energy, and consumer sectors. Notable holdings include Apple (AAPL), Bank of America (BAC), and Coca-Cola (KO).

Warren Buffett's Stock Picking Strategy

Buffett's investment approach emphasizes:

• Intrinsic Value: Buffett seeks companies with intrinsic value significantly higher than their market price.
• Margin of Safety: He invests in companies with a substantial margin of safety to protect against potential losses.
• Long-Term Investing: Buffett favors holding stocks for extended periods, seeking compound growth over time.

Undervalued Stocks in Berkshire Hathaway's Portfolio

According to analysts, some undervalued stocks in Berkshire Hathaway's portfolio include:

• Chevron (CVX): The energy giant with a strong track record and potential for long-term growth.
• Berkshire Hathaway Energy (BRK.B): The utility holding company with a stable dividend and growth prospects.
• Wells Fargo (WFC): The financial institution with a solid balance sheet and potential for value creation.

Conclusion

Warren Buffett's Berkshire Hathaway continues to be a closely watched investment firm. Its recent portfolio changes provide insights into Buffett's investment strategy and may offer valuable suggestions for investors seeking undervalued opportunities.