Warren Buffett Portfolio Holdings

 Berkshire Hathaway is the holding company of super-investor Warren Buffett. He transformed a struggling textile mill into a conglomerate with a significant portfolio of equites and significant interests in railroads, insurance, utilities, industrials etc.

Because of the size of his equity portfolio investments, Berkshire Hathaway has to report its US equity holdings every quarter to the SEC. Some foreign investments are also reported to the corresponding Foreign securities regulator.

You can find the updated US portfolio holdings for Berkshire Hathaway (BRK.A)(BRK.B) as of March 31, 2024:

Source: Dataroma

You can see that Apple (AAPL) accounts for 50% of the equity portfolio as of December 31, 2023. This position has generated over $100 billion in profits for Buffett's Berkshire Hathaway.

Buffett has managed to accumulate the position between 2016 and 2018 at a total cost of approximately $36 billion. He did sell about $11 billion worth of Apple stock in 2020. In addition, Apple sends $869 million in dividends each year to Berkshire Hathaway.

He did make large investments in Apple, Bank of America, Coca-Cola, American Express and Kraft Heinz. His portfolio is concentrated mostly as a result of letting winners run, and not selling prematurely. 

Note that this portfolio excludes stakes in non-US listed companies such as Mitsubishi, Mitsui, Itochu, BYD, Marubeni, Sumitomo Corp.

You can view the dividend contribution from each of his portfolio holdings from the table below. Berkshire Hathaway is generating almost $4.866 billion in annual dividend income from his portfolio.

Note this doesn't include dividends received from privately owned businesses such as See's Candies or Burlington Northern Santa Fe. Nor does it include $760 Million in annual dividends from Berkshire Hathaway's investment in Occidental Petroleum Preferred stock.

The total portfolio value was roughly $331.680 Billion dollars as of last night. It is on track to generate $4.996 Billion in annual dividend income. Approximately $314 Billion of value is related to dividend paying stocks. Only $17.50 Billion out of the whole $331.680 Billion is invested in non-dividend paying companies.

For the quarter ended on March 31, 2024, Warren Buffett and his lieutenants Todd and Ted added to the following existing positions:

Buffett seems to be a big fan of Oil and Gas companies as of recently, with his large investments in Occidental Petroleum. He also seems to be investing in financials such as Capital One Financial. The investments in homebuilders were likely from one of his top lieutenants Todd Combes or Ted Weschler.

They reduced ownership in the following companies: