Warren Buffett's latest holdings revealed!
According to the latest news, Berkshire Hathaway, owned by Warren Buffett, released its 13F report for the third quarter. The data shows that in the third quarter, Berkshire bought $6.4 billion worth of stocks and sold $12.5 billion worth, marking its twelfth consecutive quarter of net selling.
Notably, Berkshire Hathaway significantly increased its stake in Alphabet, Google's parent company, in the third quarter, making it its tenth largest holding in U.S. stocks. Following this announcement, Alphabet's stock price surged over 4% in after-hours trading.
In addition, Berkshire Hathaway reduced its stake in Apple in the third quarter. Berkshire Hathaway sold approximately 41.79 million shares of Apple , marking its second consecutive quarter of selling. In the third quarter, Berkshire also reduced its holdings in Bank of America by 37.2 million shares. The company acquired shares and sold off its stake in homebuilder DR Horton.
Major acquisition of Google's parent company
As he prepares to "retire," Warren Buffett has adjusted his holdings in technology stocks.
On Friday, local time, after the US stock market closed, Berkshire Hathaway filed a lawsuit with the US Securities and Exchange Commission. The SEC filed a 13F report. This report is also the last detailed disclosure of Warren Buffett's stock portfolio before the end of his 60-year tenure as CEO.
The report shows that Berkshire Hathaway purchased shares of Alphabet, Google's parent company, in the third quarter. Specifically, Berkshire bought 17.9 million shares of Alphabet in the third quarter. These shares were worth approximately $4.9 billion as of Friday's close. Following the announcement, Alphabet's stock price rose 4.06% in after-hours trading, closing at $287.62. If this upward trend continues after the market opens next Monday, Alphabet's market capitalization will increase by over $130 billion in a single day.
Foreign media commented that Berkshire Hathaway's investment in Alphabet (now its tenth largest U.S. stock holding) was surprising, given Buffett's consistent value investing style and past avoidance of technology companies. Buffett believes that Apple , the manufacturer of iPhones, is more like a consumer goods company.
It is currently unclear whether the specific purchase decision came from Buffett himself, his investment managers Todd Combs and Ted Weschler, or the incoming CEO Greg Abel, although large investments are usually decided by Buffett.
At Berkshire Hathaway's 2019 annual shareholder meeting, Warren Buffett and the late Vice Chairman Charlie Munger expressed regret for not investing in Google earlier. Buffett stated at the time that Google's advertising model aligns with Berkshire Hathaway's GEICO auto insurance business . The companies' paths to success share similarities.
Munger said at the time, "We messed up." Buffett responded, "He meant we missed an opportunity."
On November 1st of this year, Berkshire Hathaway released its Q3 2025 financial report. The company achieved revenue of $94.972 billion in the third quarter, compared to $92.995 billion in the same period last year, exceeding market expectations of $91.55 billion; operating profit was $13.485 billion, a year-on-year increase of 34%; net profit was $30.796 billion, a year-on-year increase of 17%, exceeding market expectations of $12.73 billion. As of the end of the third quarter, Berkshire Hathaway's cash reserves reached a record $381.67 billion, and the company has not conducted any share buybacks for nine consecutive months.
Reduce holdings in Apple and Bank of America
Between July and September, Berkshire Hathaway bought $6.4 billion worth of stock and sold $12.5 billion worth of stock, marking its twelfth consecutive quarter of net selling, while its cash reserves increased to a record $381.7 billion.
In the third quarter, Berkshire Hathaway reduced its holdings in Apple by 41.79 million shares, decreasing the market value of its stake in the company by approximately $10.6 billion, and bringing its total holdings down to 238.2 million shares. This marks the second consecutive quarter that Berkshire has sold Apple stock. Previously, in the second quarter, Berkshire sold 20 million shares of Apple.
To date, Berkshire Hathaway has sold nearly three-quarters of the more than 900 million Apple shares it once held. However, Apple remains Berkshire Hathaway's largest stock holding, currently valued at approximately $65 billion.
In the third quarter, Berkshire Hathaway also sold 37.2 million shares of Bank of America stock, reducing its stake in the Wall Street firm to 7.7%, continuing a reduction process that began in the third quarter of last year. Currently, Bank of America... It remains Berkshire Hathaway's third-largest stock holding.
In addition, Berkshire Hathaway sold off its stake in homebuilder DR Horton while continuing to increase its stake in Lennar Construction. Furthermore, Berkshire Hathaway acquired 4.3 million shares of Chubb Insurance in the third quarter. The holding of (Chubb) stock increased from 3.04% to 3.31%.
It's worth noting that since Buffett announced his resignation as CEO, Berkshire Hathaway's stock price has fallen by more than 5%, while the S&P 500 has risen by more than 18% over the same period. Analysts say this is partly due to market concerns about how Berkshire will operate after Buffett's departure.
Warren Buffett, 95, plans to step down as CEO of Berkshire Hathaway in January, a position he has held since 1965. He will be succeeded by Vice Chairman Abel. However, the legendary investor will remain as chairman of the board.
Recently, investment research firm KBW downgraded Berkshire Hathaway's rating to "underperform," citing factors such as declining auto insurance profit margins, tariff pressures, lower interest rates, reduced clean energy tax credits, and Warren Buffett's impending succession as factors that will drag down the stock price.
In her latest report, KBW analyst Maye Shields lowered her price target for Class A shares of the Omaha, Nebraska-based conglomerate from $740,000 to $700,000. The analyst previously rated Berkshire Hathaway as "market perform." Shields wrote, "In addition to concerns about macroeconomic uncertainty and Berkshire succession risks, we believe the stock will underperform as earnings pressures emerge or persist."
On November 10th local time, 95-year-old Warren Buffett released his farewell letter. In the letter, Buffett stated that he will no longer write Berkshire Hathaway's annual report, but will still publish an annual "Thanksgiving letter," and plans to accelerate his charitable giving by donating approximately $149 billion worth of Berkshire Hathaway stock.
Buffett expressed his optimism that Berkshire Hathaway will continue to grow steadily after his departure. He said, "I don't think there's any CEO in the world better suited to manage our company and shareholder funds than him (Greg Abel). I wish him good health and a long life. Berkshire will be bigger and more stable in the future, but occasionally the stock price will drop by 50%. Don't panic, the stock market will rebound, and so will Berkshire."
(Source: Securities Times)
