Warren Buffett caught attention after Berkshire Hathaway revealed that it sold nearly half of its stake in Apple last quarter.
Here's where the legendary investor's largest holdings stand now
Apple $84.2 billion
Bank of America $37 billion
Chevron $18.6 billion
Coca-Cola $25.5 billion
American Express $35.1 billion
About 72% of Berkshire's stock portfolio is concentrated in 5 stocks, according to the company's most recent earnings report.
Apple, despite massive selling by Warren Buffett, remains Berkshire's largest holding by far with a market value of $84.2 billion at the end of June.
The company recently began selling some shares of Bank of America, its second-largest holding after Apple, in a 12-day selling series that began in July. Transactions in the third quarter were not included in Berkshire Hathaway's 10th-quarter report issued on Saturday, so the value of Bank of America's stake should now be about $37 billion, down from $41.1 billion at the end of June, according to CNBC.
Berkshire trimmed its bet on Chevron slightly in the second quarter, and its stake in the energy company was worth $18.6 billion at the end of June, remaining among the company's top five holdings.
Meanwhile, Berkshire maintained its long bets on Coca-Cola and American Express, worth $25.5 billion and $35.1 billion, respectively, at the end of the second quarter.
Coca-Cola shares have risen more than 17% this year, while American Express shares have risen 24%. Stocks have outperformed the S&P 500 so far in 2024.
Buffett was in a generally selling mood in the second quarter as Berkshire offloaded more than $75 billion worth of stock, bringing its total cash level to $277 billion. After sales, these holdings remain the same as the top 5 holdings Berkshire disclosed in the first quarter.