Insights into Berkshire Hathaway's Latest 13F Filing

Warren Buffett (Trades, Portfolio), often referred to as "The Oracle of Omaha," is a towering figure in the world of investing. As the Chairman of Berkshire Hathaway, he transformed a modest textile company into a colossal conglomerate, primarily focusing on insurance and other diverse investments. Buffett's investment philosophy, deeply influenced by Benjamin Graham, emphasizes understanding a business deeply, investing in companies with favorable long-term prospects, and purchasing at a significant discount to intrinsic value. His disciplined approach has consistently outperformed the market, making his investment moves a focal point for investors globally.

Summary of New Buys

Warren Buffett (Trades, Portfolio)'s portfolio saw the addition of two new stocks in the third quarter of 2024:

• Domino's Pizza Inc (NYSE:DPZ) was the standout addition with 1,277,256 shares, making up 0.21% of the portfolio, valued at approximately $549.4 million.

• Pool Corp (NASDAQ:POOL) was also added with 404,057 shares, representing about 0.06% of the portfolio, with a total value of $152.25 million.

Key Position Increases

Buffett also increased his stakes in two companies:

• Sirius XM Holdings Inc (NASDAQ:SIRI) saw an addition of 3,774,673 shares, bringing the total to 105,155,029 shares. This adjustment increased the share count by 3.72%, impacting the portfolio by 0.03%, with a total value of $2.49 billion.

• Heico Corp (NYSE:HEI.A) had a modest increase of 5,445 shares, bringing the total to 1,049,687 shares, representing a 0.52% increase in share count, valued at $213.88 million.

Summary of Sold Out Positions

In the third quarter of 2024, Buffett decided to exit his position in one company:

• Floor & Decor Holdings Inc (NYSE:FND) was completely sold off, with all 3,977,870 shares liquidated, impacting the portfolio by -0.14%.

Key Position Reductions

Significant reductions were made in six stocks, with the most notable being:

• Apple Inc (NASDAQ:AAPL) saw a reduction of 100,000,000 shares, a 25% decrease, impacting the portfolio by -7.52%. The stock traded at an average price of $223.32 during the quarter, with a 3-month return of 3.05% and a year-to-date return of 19.12%.

• Bank of America Corp (NYSE:BAC) was reduced by 235,168,699 shares, a 22.77% decrease, impacting the portfolio by -3.34%. The stock's average trading price was $40.08 during the quarter, with a 3-month return of 19.25% and a year-to-date return of 39.26%.

Portfolio Overview

As of the third quarter of 2024, Warren Buffett (Trades, Portfolio)'s portfolio comprised 40 stocks. The top holdings were: