You can also read this news on COINTURK NEWS: Warren Buffett Allocates Hundreds of Millions to New Investments
Billionaire investor Warren Buffett’s company, Berkshire Hathaway, is directing hundreds of millions into new investments. The recently filed 13F documents confirm significant sales of shares in Apple and Bank of America.
Following the large sales in the last quarter, Berkshire Hathaway now holds approximately 300 million shares of Apple and 766 million shares of Bank of America. The shares of Apple are valued at about 69 billion dollars, while those of Bank of America are worth around 32 billion dollars.
After these sales, Buffett invested approximately 600 million dollars in pizza giant Domino’s, acquiring around 1.3 million shares. Additionally, he invested about 152 million dollars in Pool Corp, which distributes swimming pool equipment and outdoor products, purchasing around 400,000 shares.
These new investments align with Buffett’s strategy of focusing on simple consumer-oriented businesses that have a competitive advantage and long-term growth potential.
Berkshire Hathaway’s stock portfolio highlights three key companies. The company’s investments include 69 billion dollars in Apple, followed by 41 billion dollars in American Express, and 32 billion dollars in Bank of America. Significant investments also exist in companies like Coca-Cola and Chevron.
This portfolio structure reflects the fundamental principles of Buffett’s investment strategy, demonstrating his continued focus on strong and established companies.
Ultimately, these investments by Warren Buffett indicate an intention to diversify Berkshire Hathaway’s portfolio, thereby reinforcing the company’s financial strength. This strategy serves as an important example for investors seeking long-term growth and stability. The impact of these portfolio adjustments on the company’s future performance will become clearer over time.
The post Warren Buffett Allocates Hundreds of Millions to New Investments appeared first on COINTURK NEWS.