Warren Buffett Diversifies Beyond Apple: Berkshire Hathaway's Financial Sector Bets

When evaluating the investment strategy of billionaire and legendary investor Warren Buffett, it’s important to consider more than just his stake in Apple Inc AAPL. A recent third-quarter 13F filing revealed that Apple remains the largest holding in Berkshire Hathaway Inc.‘s BRK BRK portfolio, accounting for half of its value.

However, there are compelling reasons for investors to explore opportunities beyond this leading iPhone maker’s stock.

Also Read: Buffett’s Berkshire Trimmed Chevron Stake While Cashing Out Of GM And This COVID Stock: Here’s How The Sage Of Omaha Adjusted His Portfolio In Q3

Why Look Beyond Apple?

While Apple stock constitutes 50.04% of Berkshire Hathaway’s portfolio, it’s notable that their overall investment in the tech sector is just slightly higher at 51.46%. This indicates that beyond Apple, there’s limited exposure to other tech companies in the portfolio.

While Apple steals the limelight in Buffett’s portfolio, what other investments are quietly shaping Berkshire Hathaway’s strategy behind the scenes?

Other Than Apple, What’s Buffett Buying?

A sectoral analysis over the past quarters highlights that Berkshire Hathaway has a diversified portfolio allocation to the financial sector. The financial sector commanded 21.75% of the company’s portfolio as of Q3 2023.

The allocation across Berkshire Hathaway’s diverse portfolio includes several prominent holdings, each with a significant percentage of the total investments.:

• Bank of America Corp BAC: 9.03%
• American Express Co AXP: 7.22%
• Moody’s Corporation MCO: 2.49%
• Citigroup Inc C: 0.73%
• Visa Inc V: 0.61%
• Mastercard Inc MA: 0.50%
• Aon PLC AON: 0.42%

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