
Berkshire Hathaway documented Saturday its initial-quarter 2024 figures, revealing that most of the conglomerate’s stock portfolio is concentrated on just five stocks. The Warren Buffett-led behemoth stored the makeup of its best 5 holdings unchanged in the 1st 3 months of 2024, as the stock industry ripped to history stages to mark the get started of a new bull operate. Even so, Berkshire did trim its Apple financial commitment by 13% in the course of the initial quarter, marking the 2nd straight time period in which the firm reduced its stake in the Iphone maker. At the end of the January-March interval, Berkshire owned $135.4 billion in Apple shares , implying about 790 million shares. That reported, Apple remained by significantly the conglomerate’s most significant holding. Apple has struggled this year, losing far more than 4%, though the S & P 500 has soared 7.5% to record concentrations. Other important Berkshire stakes are a $34.5 billion situation in American Convey and $39.2 billion in Financial institution of America . The organization also owned $24.5 billion in Coca-Cola inventory — a longtime holding of Buffett’s — and $19.4 billion in Chevron shares. Over-all, these 5 positions made up about 75% of Berkshire Hathaway’s stock portfolio.