Since last year, the seven tech giants known as the 'Big Seven' have been leading the rise of the U.S. stock market and dominating the headlines, becoming the focus of investors' attention.
Meanwhile, one U.S. stock giant has quietly reached a historic high - this is the 'stock god' Warren Buffett's Berkshire Hathaway. $Berkshire Hathaway-A (BRK.A.US)$.
As of the time of writing, Berkshire Hathaway has set a new historical high for 5 consecutive days, with a total market cap surpassing 1 trillion US dollars. This means that Berkshire Hathaway has become the eighth company in the United States and the ninth company globally to enter the 1 trillion US dollar club.
Interestingly, Warren Buffett will celebrate his 94th birthday on August 30th, which may be the best birthday gift he receives.
How can you follow the stock god to strike it rich?
With its huge scale, Berkshire Hathaway owns dozens of insurance, energy, manufacturing, retail, and service companies, making it a microcosm of the overall US economy. The recent rise in Berkshire Hathaway's stock price partly reflects a shift in focus from tech stocks to value stocks in the US stock market.
Berkshire's impressive performance is partly attributed to its investments in popular stock sectors. In the energy sector, Berkshire holds a large amount of shares in Occidental Petroleum. In the financial services sector, it owns a significant stake in Chubb, Bank of America, and Citigroup.$American Express (AXP.US)$,$Visa (V.US)$Based on the 13F filing from the second quarter, Berkshire's largest increase in shareholding market value is in
$Occidental Petroleum (OXY.US)$ He added 7.26 million shares that quarter, with a market value of 0.458 billion US dollars, and the shareholding ratio reached 5.75%.
The stock that Berkshire Hathaway increased the third most in the second quarter was the cloud computing company Salesforce.com, with an increase of nearly 0.986 million shares and a market cap of approximately $0.279 billion in the quarter. The number of shares held increased by approximately 1.2% compared to the previous period. $Chubb Ltd (CB.US)$ He added nearly 1.11 million shares that quarter, with a market value of about 0.283 billion US dollars, and the number of shares held increased by about 4.3% over the previous quarter. Chubb Ltd. was a "mystery position" disclosed by Berkshire just last quarter.
In addition, it is worth mentioning that Buffett's holdings have two new faces in the second quarter, namely the largest beauty retailer in the United States, $Ulta Beauty (ULTA.US)$ , and the aviation, aerospace, and electronics company $Heico-A (HEI.A.US)$.
$苹果(AAPL.US)$
，当季减持逾0.389 billion股，市值约82 billion美元，持股数环比一季度减少49.3%，在投资组合中占比环比下降超过10个百分点，降至30.09%，但仍为其第一大持仓股。
$Heico (HEI.US)$$美国银行(BAC.US)$
Since mid-July, Berkshire Hathaway has reduced its holdings of Bank of America shares by nearly 13% through a series of sell-offs, totaling a cash-out of $5.4 billion.
It can be seen that his understanding of investment is the same as Buffett's, and they actually do similar things. Both of them acquire a bunch of cash flow companies. Buffett uses Berkshire, and he uses HEICO, but his acquisition field is more concentrated.
webp$Apple (AAPL.US)$ He reduced his holdings by more than 0.389 billion shares that quarter, with a market value of about 82 billion US dollars, a decrease of 49.3% from the previous quarter, and the proportion in the investment portfolio dropped by more than 10 percentage points to 30.09%, but it is still his largest holding.
Buffett hinted at the Berkshire Hathaway annual meeting in May that the reduction of Apple holdings was due to tax reasons. He pointed out that if the US government wants to make up for the continuously increasing fiscal deficit and raise capital gains taxes, then this year's "minor sale of Apple" will benefit Berkshire Hathaway shareholders in the long run.
编辑/Somer$Bank of America (BAC.US)$
Berkshire Hathaway has profited greatly from its investment in Bank of America. The investment began in 2011 when the stock price of Bank of America was around $5. Before Buffett's massive sell-off, the company's stock price had risen by 31% this year. However, since the sell-off began, the stock has dropped by 10% and is now trading at $39.67.
Editor/Somer