What tech stock is Warren Buffett investing in?
Apple: 39.7% of Berkshire Hathaway's portfolio. Buffett certainly hasn't shown much hesitation when buying Apple (AAPL 7.26%) stock. Berkshire first invested in the iPhone maker in 2016, and it has spent around $38 billion accumulating shares since then.
While Buffett doesn't always follow the crowd when it comes to investment choices, he does have exposure in three out of the five “FAANG” stocks (Facebook, Amazon, Apple, Netflix, and Google) through NEAM. These large-cap tech stocks are all household names.
| Company name & symbol | Percent change in share count over last quarter |
|---|---|
| Chubb Limited (CB) | New |
| Liberty SiriusXM Group — Series A (LSXMA) | 62% |
| Liberty SiriusXM Group — Series C (LSXMK) | 52% |
| Occidental Petroluem Corp. (OXY) | 2% |
Broadcom. A second artificial intelligence stock you'll find in Warren Buffett's secret portfolio is Broadcom (AVGO 2.40%). As of the end of March, NEAM held 3,970 shares of this semiconductor behemoth, worth close to $5.3 million.
| Stock | Number of Shares Owned | Share Count Increase Over Q4 2023 |
|---|---|---|
| Chubb (NYSE:CB) | 25,923,840 | 29% |
| Liberty SiriusXM Group Series A (NASDAQ:LSXMA) | 35,182,219 | 7.4% |
| Liberty SiriusXM Group Series C (NASDAQ:LSXMK) | 70,002,897 | 6.9% |
| Occidental Petroleum (NYSE:OXY) | 248,018,128 | 1.8% |
As of March 15, 44% ($159 billion) of the $366 billion portfolio Buffett oversees at Berkshire Hathaway was being put to work in three widely owned AI stocks -- and no, Nvidia isn't one of them.
- Charter Communications Inc Class A. (CHTR)
- Berkshire Hathaway Inc Class A. (BRK.A)
- Occidental Petroleum Corp. (OXY)
- HP Inc. (HPQ)
- Liberty SiriusXM Group Registered Shs Series -A- Sirius XM Group. (LSXMA)
Warren Buffett's 'Mystery Stock' Bet Is Chubb
Reports of confidential stock purchases by Berkshire Hathaway have circulated since late last year. Those mysterious purchases, made in Q3 and Q4 of 2023, became known through financial disclosures. Chubb joins several financial stocks in Berkshire's equity portfolio.
| STOCK | % OF PORTFOLIO | MARKET VALUE OF SHARES |
|---|---|---|
| Microsoft Corp. (MSFT) | 33.5% | $15.4 billion |
| Waste Management Inc. (WM) | 16.4% | $7.5 billion |
| Berkshire Hathaway Inc. (BRK.B) | 15.9% | $7.3 billion |
| Canadian National Railway Co. (CNI) | 15.8% | $7.2 billion |
However, the conglomerate started selling its shares last year, and completely exited the company in Q1 2024. To be sure, Buffett has been on a selling spree, and now has been a net seller of stocks for six straight quarters.
What are the top 3 AI stocks to buy now?
| Company (Ticker) | Sector | Market Cap |
|---|---|---|
| MicroStrategy (MSTR) | Technology | $28.31B |
| Nvidia (NVDA) | Technology | $2.97T |
| C3.ai (AI) | Technology | $3.71B |
| Meta Platforms (META) | Communication services | $1.25T |
Key Takeaways
Musk's best investments include PayPal, SpaceX, DeepMind Technologies, Tesla, and The Boring Company.
| Ticker | Company | Performance (Year) |
|---|---|---|
| NVDA | NVIDIA Corp | 183.69% |
| AVAV | AeroVironment Inc. | 106.66% |
| PRCT | Procept BioRobotics Corp | 101.66% |
| SOUN | SoundHound AI Inc | 61.73% |
Apple is Berkshire's largest public stock holding by far. Berkshire's $151 billion Apple stake is roughly four times larger than its second-largest holding. Buffett first bought Apple shares in the first quarter of 2016, and Apple's stock price is up more than 500% since the beginning of 2016.
Sirius XM Holdings Inc has a consensus rating of Hold which is based on 4 buy ratings, 5 hold ratings and 2 sell ratings. The average price target for Sirius XM Holdings Inc is $4.06. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
He has invested almost $1 billion in silver, so the reason for his aversion is not simply a dislike for precious metals. The explanation for Buffett's dislike of gold and for his enthusiasm about silver stems from his basic value investing principles.
Top Warren Buffett Stocks By Size
Apple (AAPL), 789.4 million. Coca-Cola (KO), 400 million. Kraft Heinz (KHC), 325.6 million. Occidental Petroleum (OXY), 248 million.
Broadcom. A second artificial intelligence stock you'll find in Warren Buffett's secret portfolio is Broadcom (NASDAQ: AVGO). As of the end of March, NEAM held 3,970 shares of this semiconductor behemoth, worth close to $5.3 million.
Most analysts see NVDA above $1,000 post-earnings
UBS raised its price target for Nvidia to $1,150 from $1,100, maintaining a 'buy' rating ahead of the company's upcoming earnings release on May 22. The bank attributed the target increase to strong demand and revised revenue estimates.
So, why does Buffett only recommend index funds? Because it's the best possible choice, "on an expectancy basis," as he put it. In other words, buying an index fund has a higher expected return than buying any single individual stock or actively managed mutual fund.
What are the top ten stocks to buy right now?
| Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
|---|---|---|
| Nvidia (NVDA) | 1.31 | Strong Buy |
| Amazon.com (AMZN) | 1.32 | Strong Buy |
| Emerson Electric (EMR) | 1.32 | Strong Buy |
| Microsoft (MSFT) | 1.33 | Strong Buy |
(NASDAQ:SANA), Workday, Inc. (NASDAQ:WDAY), and Denali Therapeutics Inc. (NASDAQ:DNLI) are some of Jeff Bezos' top stock picks. Click to continue reading and see Jeff Bezos Stock Portfolio: 5 Companies and Startups.
| Company | Shares held | Holding value |
|---|---|---|
| Apple (AAPL) | 789,368,450 | $135,360,901,805 |
| Bank of America (BAC) | 1,032,852,006 | $39,165,748,068 |
| American Express (AXP) | 151,610,700 | $34,520,240,283 |
| Coca-Cola (KO) | 400,000,000 | $24,472,000,000 |
Since last year, Berkshire Hathaway has accumulated a position in an unknown financial company. Its first-quarter Securities and Exchange Commission filing revealed Chubb as the mystery stock. Chubb is one of the largest insurers in the world and fits in with Buffett's other investments.
Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Buffett's bet on Chubb is familiar territory: insurance companies Geico, National Indemnity and General Re are all subsidiaries of Berkshire Hathaway.
