Warren Buffett's Investing Moves: Key Stocks Bought and Sold in 2024
Monday, 16 September 2024, 15:10
Warren Buffett's Major Investments in 2024
Warren Buffett's investment success has grown Berkshire Hathaway's (BRK.A) cash pile to a record $276.9 billion in the second quarter of 2024, and briefly gave the Omaha-based conglomerate a $1 trillion market capitalization. It's no surprise, then, that people want to know what stocks the legendary 94-year-old investor, known as "the Oracle of Omaha," is buying — and, just as important, what he’s getting rid of.
Key Stocks Sold
- Apple: Berkshire halved its stake in Apple, holding $84.2 billion, down from $174.3 billion.
- Bank of America: Sold 174.7 million shares worth more than $7 billion since mid-July.
- Paramount Global: Dumped all holdings in Paramount after losing significant value.
- Snowflake: Unloaded nearly $1 billion investment as of the end of June.
- Capital One: Sold 2.6 million shares, now holding just under 10 million shares.
- BYD: Trimmed its stake, offloading 1.3 million shares.
- T-Mobile: Slashed stake by nearly 11%.
Key Stocks Bought
- Occidental Petroleum: Increased holdings to 29% with an acquisition of 2.95 million shares.
- Ulta Beauty: Initiated investment with 690,106 shares valued at approximately $266 million.
- Chubb: Purchased 25.9 million shares worth $6.72 billion.
- Hieco: Added over a million shares of the aerospace company.
- Sirius XM: Acquired approximately 96 million shares, holding nearly 133 million at the end of June.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.