More than three-fourths of the equity portfolio for Warren Buffett's Berkshire Hathaway was spread among just five stocks. Approximately 77% of the conglomerate's stock exposure is in the following five names. The same five stocks comprised the list of biggest holding at the end of 2022, though the pecking order changed. Apple 's total value surged as the stock charted a comeback this year.
Berkshire was a net seller of equities in the first quarter, selling $13.2 billion worth of stocks and buying only $2.8 billion, according to its earnings report. While Chevron was still one of Berkshire's top five holdings, the conglomerate did trim the energy stock for a second straight quarter. Chevron fell from being Berkshire's third-largest holding at the end of 2022 to its fifth at the end of the first quarter.
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Source: CNBC - 🏆 12. / 72 Read more »
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