According to the disclosure by the US Securities and Exchange Commission (SEC), Berkshire Hathaway, a subsidiary of Warren Buffett, has submitted its third quarter holdings report (13F) as of September 30, 2024.
As of the end of the third quarter, the total market value of Berkshire Hathaway's holdings was $266 billion, slightly lower than the previous quarter's $280 billion.
Berkshire Hathaway's top ten holdings account for 89.68% of the total market value, including Apple, American Express, Bank of America, Coca Cola, Chevron, Western Petroleum, Moody's, Kraft Heinz, Chubb Insurance, and DeWitt.
Berkshire's top ten holdings
Berkshire Hathaway bought Domino's Pizza, Pool Corporation, and HEI.A.US in the third quarter, with Pool and Domino's Pizza being first-time buyers.
Meanwhile, Berkshire's top five selling targets are Apple, Bank of America, and Liberty Sirius XM Group, Series C(LSXMK.US)、Liberty Sirius XM Group, Series A (LSXMA.US)、Floor &  Decor(FND.US)。
Despite a significant reduction in holdings, Berkshire Hathaway's largest holdings remain in Apple Inc. As of the end of the third quarter, Berkshire Hathaway still held 300 million shares of Apple stock, a decrease of 100 million shares from the previous quarter, and its proportion of total holdings decreased from 30.09% in the previous quarter to 26.24%.
Berkshire Hathaway's reduction in holdings of Bank of America was nearly 23%, and as of the end of the quarter, its stake in Bank of America was 10.4%. It should be noted that regulatory data shows that after entering October, Berkshire Hathaway continues to reduce its holdings in Bank of America, with its shareholding ratio falling below the critical disclosure threshold of 10%.
Earlier this month, Berkshire Hathaway released its third quarter financial report, which showed that after reducing its holdings in Apple and Bank of America, Berkshire Hathaway's cash reserves in the third quarter had increased by $48 billion, reaching a record high of $325.2 billion.