Source: Wall Street
Every year during the earnings season, major investment institutions disclose the latest position report (13F). Based on the information disclosed by 13F, investors can learn about the latest asset allocation strategies of star institutions such as Berkshire and Bridgewater Fund, and see which companies their "smart money" goes to, so as to get a reference on the direction of investment. Welcome to subscribe to the topic"the Secret of the Adjustment of US stocks in the Top institutions"To explore the secrets of the positions of Wall Street financial predators.
The 13F report, released on Monday, November 14, showed that Berkshire built a long position in the third quarter.$Taiwan Semiconductor Manufacturing (TSM.US)$Increase holdings$Occidental Petroleum (OXY.US)$和$Chevron (CVX.US)$Reduction of holdings$General Motors (GM.US)$Wait. Berkshire still has a large position in the third quarter.$Apple (AAPL.US)$、$Bank of America (BAC.US)$、$Chevron (CVX.US)$、$Coca-Cola (KO.US)$、$American Express (AXP.US)$。
As of Sept. 30, Berkshire held shares worth $123.7 billion in Apple Inc, $30.5 billion in Bank of America Corporation, and $23.8 billion in Chevron Corp, $22.4 billion in Coca-Cola Company and $20.5 billion in American Express Co. The top five shares account for about 73% of the fair value of Berkshire's positions. Among them, Apple Inc's position accounted for 41.89%. These five companies are closely followed by Western Oil,$The Kraft Heinz (KHC.US)$、$Moody's (MCO.US)$、$Activision Blizzard (ATVI.US)$And Taiwan Semiconductor Manufacturing Co Ltd. The top 10 stocks account for about 87% of the fair value of Berkshire's positions.
Among the top 10 holdings, Berkshire has only increased its holdings in Chevron Corp and Western Oil, and Taiwan Semiconductor Manufacturing Co Ltd's share price has halved since mid-January.
In the third quarter, Berkshire built a total of three stocks, namely, 60.06 million shares of Taiwan Semiconductor Manufacturing Co Ltd and American building materials companies.$Louisiana-Pacific (LPX.US)$5.79 million shares and financial companies$Jefferies Financial (JEF.US)$434000 shares.
Berkshire increases its stake in Chemical Company in the third quarter$Celanese Corp (CE.US)$Increased from 9.16 million shares to 9.71 million shares; increased holdings of Chevrolet from 161.4 million shares to 165.4 million shares; increased holdings of Western Oil from 158.5 million shares to 194.4 million shares; increased holdings of media groups$Paramount Global-B (PARA.US)$From 78.422 million shares to 91.217 million shares; increase holdings of high-end household companies$Restoration Hardware (RH.US)$From 2.17 million to 2.36 million shares.
In the third quarter, Berkshire cleared only one stock, the real estate investment trust.$STORE Capital Corp (STOR.US)$。
In the third quarter, Berkshire reduced its holdings of Activision Blizzard from 68.4 million shares to 60.14 million shares; reduced its holdings in New York.$Bank of New York Mellon (BK.US)$From 72.357 million shares to 62.211 million shares; reduced holdings of General Motors Co from 52.877 million to 50 million shares; reduced holdings of retail enterprises$The Kroger (KR.US)$From 52.437 million shares to 50.269 million shares; reduction$U.S. Bancorp (USB.US)$From 119.8 million to 77.788 million shares.
In the third quarter, Berkshire spent $9 billion on shares. In the first nine months of this year, Berkshire spent nearly $66 billion on the stock market, 13 times what it spent on the stock market for the whole of last year.
In the third quarter, Berkshire played Amazon.Com Inc, American Express Co, Apple Inc, Bank of America Corporation, Citigroup Inc, Coca-Cola Company, Kraft Heinz,$Johnson & Johnson (JNJ.US)$、$MasterCard (MA.US)$、 Moody's Corporation 、$Visa (V.US)$The position of the company has not changed.
Berkshire's stock position was worth $296.097 billion at the end of the third quarter, down slightly from $300.131 billion at the end of the second quarter, the second consecutive quarterly decline. Berkshire holds the top 20 largest stocks for an average of 27.2 quarters.
Edit / roy