Berkshire Hathaway reported Saturday its first-quarter 2024 figures, revealing that most of the conglomerate's stock portfolio is focused on just five stocks. The Warren Buffett-led behemoth kept the makeup of its top five holdings unchanged in the first three months of 2024, as the stock market ripped to record levels to mark the start of a new bull run.
At the end of the January-March period, Berkshire owned $135.4 billion in Apple shares , implying about 790 million shares. That said, Apple remained by far the conglomerate's largest holding. Apple has struggled this year, losing more than 4%, while the S & P 500 has soared 7.5% to record levels. Other major Berkshire stakes are a $34.5 billion position in American Express and $39.2 billion in Bank of America . The company also owned $24.
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