Berkshire Hathaway is one of the world's most famous investment firms, and its helmsman, Warren Buffett, is known as the "God of Stocks", and his investment trends have attracted much attention. Recently, the company announced its position report for the third quarter of 2022, showing that Buffett has increased his holdings in the energy sector and at the same time has taken some financial and technology stocks.
According to the U.S. Securities and Exchange Commission (SEC), managers with assets under management of more than $100 million must publish a document called "13F" within 45 days after the end of each quarter, in which they disclose their holdings, as well as the size and market value of each position.
According to the latest data, Berkshire Hathaway's market capitalization as of the end of the third quarter was 2,960$9.7 billion, compared to $3001 at the end of the second quarterThis is a slight decrease from $3.1 billion. The company added 3 new stocks to its portfolio in the third quarter and increased its holdings by 5 stocks**; 5**, 1** clearance**.
Among the new additions, the most notable is TSMC, which is the first time Berkshire Hathaway has owned the world's largest chipmaker. The company bought 60.06 million shares of TSMC in the third quarter, worth about $4.1 billion, accounting for 139%, directly into the list of the top 10 heavy stocks. TSMC is a leader in the global semiconductor industry, with advanced technology and production capacity, providing chips to many tech giants such as Apple, Qualcomm, Nvidia, and many others. In the context of the global chip shortage, TSMC's performance and stock price have performed strongly, with a cumulative ** of more than 30% since the beginning of this year.
In addition to TSMC, Berkshire Hathaway also added 57.96 million shares and 43.96 million shares of Louisiana-Pacific, a new building materials company, and Jefferies, a financial company40,000 shares, valued at about $1.1 billion and 1$500 million.
Among the inflows**, the most notable were energy stocks Octidental Petroleum and Chevron, which increased their holdings by 194.4 billion shares and 165.4 billion shares, worth about $7.7 billion and $5.9 billion, accounting for 261% and 201%。Occidental Petroleum is one of the largest oil and gas producers in the United States, and Chevron is one of the largest oil companies in the world. Both companies have benefited from international oil prices, which have risen by more than 80% and 30% respectively so far this year. Warren Buffett's preference for energy stocks reflects his optimism about the global economic recovery and energy demand growth, and is also consistent with his strategy of significantly increasing his holdings in Occidental Petroleum in the second quarter of this year.
In addition to energy stocks, Berkshire Hathaway also increased its stake in chemical company Celanese, from 9.16 million shares to 9.71 million shares, worth about 1$800 million; Increased holdings of broadcast operator Liberty Siriusxm Group, from 412080,000 shares increased to 4,32080,000 shares, worth about 2$600 million; Increased its holdings in the ** group Paramount Global (viacomcbs), from 891970,000 shares increased to 9,12170,000 shares, worth about 3$500 million. Increased its holdings in the premium home furnishing company RH from 2.31 million shares to 2.36 million shares, worth about 1$400 million.
Among the most notable are the financial stocks US Bancorp and Activision Blizzard, each with a 4200 million shares and 20 million shares, worth about $2.3 billion and 1600 million US dollars, accounting for 078% and 005%。Bank of America is the fifth-largest bank in the United States, and Activision Blizzard is one of the world's largest game developers. Both companies have underperformed so far this year, with about 10% and 30% of their share prices up for the year. United Bank of America has been affected by low interest rates and credit risk, while Activision Blizzard has faced accusations and lawsuits of sexual harassment and discrimination, as well as the loss of gamers.
In addition to Bank of America and Activision Blizzard, Berkshire Hathaway also took the Bank of New York Mellon (BNY Mellon), starting with 10.1 billion shares reduced to 100 million shares, worth about 5$400 million. ** Retail business kroger, from 10.1 billion shares were reduced to 100 million shares, with a value of about 4$300 million; ** General Motors (GM), from 528770,000 shares decreased to 50,000,000 shares, worth about 2$700 million. In addition, Berkshire Hathaway also liquidated real estate investment trust Store Capital Corp, which sold for 18.2 billion shares, worth about 6$500 million. In Berkshire Hathaway's holdings, Apple remains the largest heavyweight, accounting for 41 percent of the total76%, far more than others**. The company holds about 89.5 billion shares of Apple**, worth about $123.7 billion, unchanged from the previous quarter. Apple is the world's largest technology company and one of Berkshire Hathaway's most successful investments. Since 2016, Berkshire Hathaway has increased its stake in Apple** and is now Apple's second-largest shareholder, after Fidelity Investment Group. Apple's performance and stock price have maintained steady growth, accumulating more than 20% since the beginning of this year.