Analyzing Berkshire Hathaway’s Recent Portfolio Additions


Feb. 6 2019, Updated 7:31 a.m. ET

Recent additions

Warren Buffett, Berkshire Hathaway’s (BRK-B) chairman, is known for his buy and hold philosophy. As a result, the portfolio churn is low. General Electric (GE), Walmart (WMT), and IBM (IBM) are among the stocks that Berkshire Hathaway has exited completely in the last two years. In the third quarter, Berkshire Hathaway added some new companies to its portfolio. In this part, we’ll see how these companies performed in the quarter.

Article continues below advertisement

Price action

JPMorgan Chase (JPM) lost 13.5% in the fourth quarter, PNC Financial Services (PNC) lost 14.1%, and Travelers Company (TVC) lost 7.6%. In Berkshire Hathaway’s third-quarter 13F, it added a new position in Oracle (ORCL). The stock also lost 12.4% in the fourth quarter. Looking at broader markets, the S&P 500 (SPY) lost 13.9%. So, Berkshire Hathaway’s recent additions have largely performed in line with broader markets.

Tech companies

Oracle is the latest tech company that Buffett added in the fourth quarter. Previously, Buffett added and completely exited IBM. Although Berkshire Hathaway has Apple (AAPL) shares in its portfolio, Buffett sees the company as a consumer products company instead of a technology company. Buffett has never been known for his prowess in picking technology companies.

Buffett bought Apple stock in 2016 and kept adding more shares as recently as the third quarter. In Berkshire Hathaway’s upcoming 13F, all eyes would be on whether the company added more Apple shares in the fourth quarter.


More From Market Realist

  • SemiLEDS logo over LED lighting
    Company & Industry Overviews
    There's Still Time to Get in on SemiLEDS (LEDS) Stock
  • Trader on the NYSE
    Company & Industry Overviews
    What Are the Most Expensive Stocks Ever?
  • Michelob Ultra beer
    Company & Industry Overviews
    AB InBev Is the Top Beer Brand Worldwide—Is It a Monopoly?
  • Businesswoman looking out a window
    Company & Industry Overviews
    Shifting Focus: Three Women Investing Funds in 2021
  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.