Updates
July 19, 2022:July 19, 2022: BRK purchased another 1.94 million shares of OXY giving the company (BRK) an $11.4 billion stake and putting it nearer a threshold where it could record some of the oil company's earnings with its own.
- From below:
- 143,162,392
- add 1.94 million
- = 145,102,392 shares at today's closing price, $62.82 = $9.115 billion, so I don't know the reason for the delta, $9.115 billion vs $11.4 billion (warrants?)
Original Post
BRK: 52 stocks in the portfolio. I read "53" everywhere, but count them at this link. I must have missed one. Unless the 53rd is "BRK" itself.
- except for AAPL, not one of the other tickers will move the needle over the next five years, with possibly the exception of one (CVX)
- dollar value, percent of total portfolio:
- AAPL: 38.4%
- CVX: 8.2%
- BAC: 10.7%
- K: 7.5%
- AXP: 7.1%
Nothing else comes close.
Two questions / observations:
- why does BRK hold 45+ tickers that have no impact whatsoever on his portfolio. I think I have an idea, but I've never seen it discussed.
- along that same line, why 40 tickers with less than 1% of entire portfolio. Talk about a lot of distracting background noise.
But this is the bigger observation.
My hunch: Buffett thinks about this every waking moment and in his dreams:
- in round numbers, he owns 20% of OXY, and possibly more if one throws in warrants, etc; and,
- despite owning all that OXY, it still represents only 2.8% of his total portfolio (not including BRK shares)
- in other words, for all the OXY he has bought and all the ink spilled on his obsession with OXY, it doesn't amount to a heck of a lot in the big scheme of things (yet);
- he could sell forty of his "non-exciting" tickers and buy all of OXY at a huge discount right now
|
Ticker |
Shares |
1Q22 |
Percent PTFOLIO |
Rounds to 0% |
Less than 0.5% |
Less than 1% |
Less than 5% |
|
ATVI |
74,187,400 |
5,742,104,760 |
1.758% |
|
|
|
1 |
|
ALLY |
8,969,420 |
346,847,471 |
0.106% |
1 |
1 |
1 |
|
|
AMZN |
533,300 |
1,147,565,606 |
0.351% |
1 |
1 |
1 |
|
|
AXP |
151,610,700 |
23,232,823,668 |
7.114% |
|
|
|
|
|
AON |
4,396,000 |
1,154,873,160 |
0.354% |
1 |
1 |
1 |
|
|
AAPL |
911,347,617 |
125,392,318,623 |
38.394% |
|
|
|
|
|
BAC |
1,032,852,006 |
34,972,368,923 |
10.708% |
|
|
|
|
|
BK |
74,346,864 |
3,254,162,237 |
0.996% |
|
|
1 |
1 |
|
BYD |
225,000,000 |
7,499,250,000 |
2.296% |
|
|
|
1 |
|
CE |
7,880,998 |
1,187,902,829 |
0.364% |
1 |
1 |
1 |
1 |
|
CHTR |
3,828,941 |
1,834,177,607 |
0.562% |
|
|
1 |
1 |
|
CVX |
159,178,117 |
26,713,271,595 |
8.179% |
|
|
|
|
|
C |
52,244,797 |
2,748,428,651 |
0.842% |
|
|
1 |
1 |
|
KO |
400,000,000 |
24,392,000,000 |
7.469% |
|
|
|
|
|
DVA |
36,095,570 |
3,408,504,675 |
1.044% |
|
|
|
1 |
|
DEO |
227,750 |
41,511,993 |
0.013% |
1 |
1 |
1 |
1 |
|
FND |
4,780,000 |
328,051,400 |
0.100% |
1 |
1 |
1 |
1 |
|
GM |
62,045,847 |
2,196,422,984 |
0.673% |
|
|
1 |
1 |
|
GL |
6,353,727 |
594,454,698 |
0.182% |
1 |
1 |
1 |
1 |
|
HPQ |
121,092,418 |
4,195,852,284 |
1.285% |
|
|
|
1 |
|
ITOCF |
81,304,200 |
2,309,039,280 |
0.707% |
|
|
1 |
1 |
|
JNJ |
327,100 |
57,890,158 |
0.018% |
1 |
1 |
1 |
1 |
|
KHC |
325,634,818 |
12,494,607,967 |
3.826% |
|
|
|
1 |
|
KR |
57,985,263 |
2,821,562,909 |
0.864% |
|
|
1 |
1 |
|
LILA |
2,630,792 |
24,361,134 |
0.007% |
1 |
11 |
1 |
1 |
|
LILAK |
1,284,020 |
11,812,984 |
0.004% |
1 |
1 |
1 |
1 |
|
FWONK |
7,722,451 |
481,803,718 |
0.148% |
1 |
1 |
1 |
1 |
|
LSXMA |
20,207,680 |
812,146,659 |
0.249% |
1 |
1 |
1 |
1 |
|
LSXMK |
43,208,291 |
1,729,627,889 |
0.530% |
|
|
1 |
1 |
|
MKL |
424,343 |
565,683,166 |
0.173% |
1 |
1 |
1 |
1 |
|
MMC |
404,911 |
60,675,913 |
0.019% |
1 |
1 |
1 |
1 |
|
MA |
3,986,648 |
1,340,231,325 |
0.410% |
1 |
1 |
1 |
1 |
|
MCK |
2,921,975 |
943,388,849 |
0.289% |
1 |
1 |
1 |
1 |
|
MDLZ |
578,000 |
35,367,820 |
0.011% |
1 |
1 |
1 |
1 |
|
MCO |
24,669,778 |
7,136,226,682 |
2.185% |
|
|
|
1 |
|
NU |
107,118,784 |
408,122,567 |
0.125% |
1 |
1 |
1 |
1 |
|
OXY |
143,162,392 |
9,056,452,918 |
2.773% |
|
|
|
1 |
|
PARA |
68,947,760 |
2,250,454,886 |
0.689% |
|
|
1 |
1 |
|
PG |
315,400 |
44,720,566 |
0.014% |
1 |
1 |
1 |
1 |
|
RH |
2,170,000 |
582,862,000 |
0.178% |
1 |
1 |
1 |
1 |
|
RPRX |
1,496,372 |
59,136,621 |
0.018% |
1 |
1 |
1 |
1 |
|
SNOW |
6,125,376 |
866,679,450 |
0.265% |
1 |
|
1 |
1 |
|
SPY |
39,400 |
15,351,422 |
0.005% |
1 |
1 |
1 |
1 |
|
STNE |
10,695,448 |
99,788,530 |
0.031% |
1 |
1 |
1 |
1 |
|
STOR |
14,754,811 |
385,248,115 |
0.118% |
1 |
1 |
1 |
1 |
|
TMUS |
5,242,000 |
660,701,680 |
0.202% |
1 |
1 |
1 |
1 |
|
UPS |
59,400 |
10,159,776 |
0.003% |
1 |
1 |
1 |
1 |
|
USB |
144,064,330 |
7,088,519,899 |
2.170% |
|
|
|
1 |
|
VOO |
43,000 |
15,394,860 |
0.005% |
1 |
1 |
1 |
1 |
|
VRSN |
12,815,613 |
2,121,752,888 |
0.650% |
|
|
1 |
1 |
|
VZ |
1,380,111 |
68,356,898 |
0.021% |
1 |
1 |
1 |
1 |
|
V |
8,297,460 |
1,651,443,464 |
0.506% |
|
|
1 |
1 |
|
|
|
|
|
|
|
|
|
|
|
|
326,592,466,157 |
|
29 |
38 |
39 |
44 |
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