Published on 24 Nov 2023 on Zacks via Yahoo Finance
Buffett's Favorite 4 Sectors: ETFs in Focus
Billionaire investor Warren Buffett is known for his winning investing style. Many want to mirror the legend’s investing strategy and emerge a winner. Buffett’s company Berkshire Hathaway’s latest 13-F filing showed that Berkshire’s $313 billion portfolio was invested in 45 companies in the third quarter of 2023. Berkshire was a net seller of about $5.3 billion in stocks during the quarter.
The top 5 holdings make up about 79% of the total portfolio. These five stocks are Apple (AAPL), Bank of America BAC, American Express AXP, Coca-Cola KO, and Chevron CVX. Apart from these, Berkshire has significant weights in Occidental Petroleum OXY and Kraft Heinz KHC.
With this, Buffett’s portfolio is heavy on the below-mentioned sectors and ETFs. Let’s delve a little deeper.