Warren Buffett Just Bought and Sold These Stocks!

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버핏(버크셔)의 2023년 Q4 13F 공시를 분석. 애플 1% 가량 감축했으나 비중은 50.9%로 상승(주가 상승+자사주 매입 효과). 셰브론·옥시 소폭 증액으로 에너지 선호 시사, DR호튼은 약 6개월 보유 후 전량 매도해 큰 수익. 금융·IT 비중이 높고 상위 10개 종목이 전체의 약 93%를 차지함. 장기 보유 성향과 기회비용 기반 매매를 함께 언급.

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01. four times a year all investment managers that have over 100 million in assets under management have to file what is called a form 13f these forms disclose exactly what moves the biggest investors in the world like Ray doio Michael bur and Charlie Munger are making in their portfolios and more importantly in my opinion it tells us what moves Warren Buffett's birkshire hathway has been making over the past few months and to analyze some of the key moves Buffett has recently made we'll be jumping into a breakdown of these moves on my Twitter account let's go ahead and start looking at the key takeaways the very first thing we want to look at is the moves Buffett made in Q4 of 2023 we can see he added Capital to three positions reduced the size of three positions and he sold out entirely of four different positions so let's go ahead and jump over to data Roma a free website where we can break down these moves even more so let's go ahead and go move by move we can see the first addition to the portfolio was Sirius XM stock ticker SII we can see he added over 30 million shares shares but it was a very small change to the portfolio at under 0.05% now the other two positions he added were both oil companies we have CVX and oxy we can see he added around 16 million shares of CVX and around 20 million shares of oxy both of these moves were less than a 1% change to his portfolio but they were some of the biggest changes in his portfolio now the next one is one of the most interesting in my opinion and he reduced the size of his Apple position by a little over 1% selling over 10 million shares so we'll touch on this quite a bit more here in just a little bit we can also see he reduced his position in Paramount Global reduced his position in hpq by over 77% and then the four positions he sold out entirely of were DHI a homeb builder we have mkl stn and GL glob life Incorporated so there's quite a bit more to touch on so let's go ahead and keep moving forward and like I mentioned the first thing I want to talk about is how he just recently reduced his position in apple now let's go ahead and step back for a minute and we can see Buffett started adding to his Apple position in January of 2016 and for the next couple of years from 2016 through 2018 he added and continued to add shares of Apple to his portfolio now he made his first sale late in 2018 and throughout around 2020 he would continue to sell more shares of Apple but as of recently we can see there's been multiple instances where he's added even more shares but like we saw on this most recent 13f filing he just reduced his position by 1% so what does this mean does this mean Warren Buffett is all of a sudden bearish on Apple let's step back for a moment and click on the Holdings Tab and one of the things you'll notice for Warren Buffett is this is still a position that makes up over 50% of his entire portfolio so this is a massive position now what's really interesting about this move is if we go back over to my Twitter thread and down here we can see last quarter Apple made up 50.4% of his portfolio but now Apple makes up 50.9% of his portfolio so even though he reduced his position by over 1% he now owns even more apple and it makes up a higher percentage of his portfolio so how can this be well it really comes down to two reasons first off we can see Apple has been on a tear over the past year up close to 20% and over the past 5 years up over 326 per.

02. so because Apple seen so much share price appreciation Buffett technically owns a larger amount of app but what we also have to keep in mind about this company is they are constantly buying back shares if we go over to the balance sheet and scroll down here near to the bottom right here we can see the total shares outstanding for Apple because this company is aggressively buying back shares the value of the shares is going up which is also increasing Warren Buffett's total Apple position so on the surface level while some people freaked out when they saw that Warren Buffett had reduced his position in apple we have to keep in mind this is still by far a massive position for Warren Buffett with it being over 50% of his entire portfolio and he now owns even more Apple than he did last quarter now let's go ahead and scroll down and look at our next key takeaway and it is that he is bullish on oil and like I already mentioned we can see the two big additions to Buffett's portfolio this quarter where CVX and oxy now here's what's interesting CVX was down 12.41% over the past year and oxy was down around 13.63% we jump back over to Seeking Alpha let's go ahead and take a quick glance at both of these companies one of the things you'll notice is they're both pretty nice dividend paying companies we can see CVX currently has a starting dividend yield sitting at 4.32% over the past year now down 15% and over the past 5 years only up around 30% if we go ahead and pull up oxy again you'll notice decent dividends we come down here we can see they have a yield sitting at 1.54% we can see over the past year now down around 10.16% and over the past 5 years down around 11.3% but it does look like Warren Buffett is currently bullish on oil now jumping back over to my Twitter analysis if we scroll down one thing that I thought was very interesting was what he did with DHI we all know waren Buffett's ideal holding period is forever but that was not the case with this position if we jump back over to datar Roma again we can see Warren Buffett completely sold out of his DR Horton DHI position selling over 5.9 million shares now what's interesting about this is he first bought this home builder in Q2 of 2023 so only around 6 months ago but he completely sold out of the position only around 6 months later so his entire holding time was only around half a year so he definitely did not buy and hold this company forever but here's the thing if we pull up Dr Horton we can see over the past year this company is up nearly 47% so even though Buffett held for a very short period of time he saw phenomenal gains from this position now keep in mind a few quarters ago he did add some other home builders to his portfolio if we scroll down to Q2 of 2023 we can also see he added in VR which is a home Builder and L.B another home builder and he still owns stock in both of those positions both of those performed fairly well over the past year now scrolling down even further on our Twitter thread this one is very interesting Warren Buffett clearly likes his financial stocks and information technology and if we jump over to another website called well wisdom one of the things we'll see is how his allocation with his Holdings has changed over time here we can see Information Technology currently makes up around 51% of his entire portfolio and it's been increasing quite a bit over the past decade now obviously a large part of this is due to Apple adding shares of apple and apple having a large runup in their share price what we can also see financials make up a very large position in his portfolio as well currently around 24.1% so when you combine financials and information technology both of those positions make up around 75% of his total Holdings one of the things we'll also notice is it's clear that consumer Staples has becoming a smaller and smaller part of his portfolio as the years go by but we can also see energy is starting to take up a larger part of his portfolio as well currently at around 99.6% now if we jump back over to Twitter the last thing I want to look at is just some quick facts about Warren Buffett's portfolio the first one we can see on data Roma if we scroll all the way back up and look at the Holdings we can now see Warren Buffett has a total portfolio value of over 347 billion this is up quite a bit from 313 billion so he's seen a lot of share price appreciation over the past few months and now the top 10 Holdings make up 92.9 2% of his entire portfolio if we jump back over to well wisdom again we can see again top 10 Holdings around 92% but here's what's really interesting to me his average holding period for the top 10 positions is 31.2 qu which comes out to around 7.8 years so yes Warren Buffett loves to buy and hold really Quality Companies such as Coca-Cola but again that's not always the case we have to keep in mind Warren Buffett is very aware of opportunity costs and if he sees a better place to put his Capital he'll sell out of a position and move that Capital into a different position and the last takeaway we have is he currently owns 41 different stocks now a lot of research shows that to be properly Diversified you want to own around 15 to 20 different stocks but Warren Buffett's position is obviously very different but that's because he has so much Capital he literally can't invest all of it into one single place so now finally if we just look at some of the top positions in war Buffett's portfolio again we can see apple making up around 50% we have Bank of America around 10% American Express over 8% Coca-Cola around 7% CVX around 5.4 oxy oxidal petroleum around 4.19% khc at 3.47% Moody's MCO around 2.77% DVA a little over 1% but everything other than that is is under 1% of his entire portfolio so there you go there is a breakdown and some of the key takeaways from waren Buffett's most recent 13f filing go ahead and let me know in the comments down below what you think of these moves if you'd like to get more insights like this then you can sign up for my free Weekly Newsletter at the link in the description so that being said thank you guys so much for watching and please don't forget to like And subscribe to the channel