Warren Buffett Initiates Alphabet Position, Trims Apple In Q3 — Here Are Berkshire's Moves
Chris Katje 11 months ago
Long IdeasManagementTrading Ideas
Warren Buffett's Berkshire Hathaway took a new stake in a member of the Magnificent Seven, while lowering its stake in Apple in the third quarter.
Legendary investor Warren Buffett and Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) unveiled their latest transactions with a 13F filing showing their third-quarter moves.
Here’s a look at the new positions as of Sept. 30 and the top changes made in the third quarter.
New Positions
In the third quarter, Berkshire took only one new position, which is listed below:
Alphabet Inc Class A (NASDAQ:GOOGL): 17,846,142
Based on the new filings, the Magnificent Seven is a top-10 holding for Berkshire Hathaway.
Exited Positions
In the third quarter, Berkshire Hathaway exited its position in DR Horton Inc (NYSE:DHI), a stock it had purchased in the second quarter.
Read Also: Buffett Is Underwater Vs. S&P 500 In 2025: $137 Million Loss On Pool Corp Stock Since Q2 Not Helping
Changes to Positions
Along with the new positions disclosed in the latest 13F filing, Berkshire Hathaway revealed changes to existing stock positions, as tracked by 13finfo.
Here were the stocks with the largest increases in the third quarter, ranked by the percentage change in shares:
- Chubb Limited (NYSE:CB): +16%
- Domino's Pizza (NASDAQ:DPZ): +13%
- SiriusXM Holdings (NASDAQ:SIRI): +4%
- Lamar Advertising Holdings (NASDAQ:LAMR): +3%
Lamar was previously a new position unveiled by Berkshire Hathaway in the second quarter. Domino's Pizza has been one of the newer stock picks from Berkshire Hathaway, with multiple quarters of increases.
Here were the stocks with the largest decreases in the second quarter, ranked by the percentage change in shares:
- VeriSign Inc (NASDAQ:VRSN): -32%
- Apple Inc (NASDAQ:AAPL): -15%
- Bank of America Corporation (NYSE:BAC): -6%
- DaVita Inc (NYSE:DVA): -5%
- Nucor Corporation (NYSE:NUE): -3%
Berkshire Hathaway sold more Apple shares in the third quarter, reducing its stake to 238,212,764 shares. The conglomerate has reduced its stake in the tech giant in recent years, but it remains its largest position.
Top Holdings
Here are the top holdings in the fund overall:
- Apple: 23%
- American Express (NYSE:AXP): 19%
- Bank of America: 11%
- Coca-Cola Company (NYSE:KO): 9%
- Chevron (NYSE:CVX): 7.1%
- Occidental Petroleum (NYSE:OXY): 4.&%
- Moody's Corporation (NYSE:MCO): 4.4%
- Chubb: 3.3%
- Kraft Heinz Company (NASDAQ:KHC): 3.2%
- Alphabet Inc: 1.6%
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Image created using artificial intelligence via Midjourney.