ast quarter, Warren Buffett, also known as the “Oracle of Omaha,” maintained his top five holdings amid increased market volatility caused by rising interest rates and recession concerns. Despite a $53.6 billion loss in investments and derivatives during the market turmoil, Buffett urged investors not to focus on quarterly fluctuations in equity investments.
As of the end of 2022, Apple (NASDAQ:AAPL) remained Berkshire Hathaway’s largest holding with a value of $119 billion, significantly higher than any other holding. Buffett has endorsed Apple as the second-most significant business after Berkshire’s cluster of insurers and commended CEO Tim Cook’s stock repurchase strategy.
Despite Apple’s 27% decline in share value last year, underperforming the S&P 500’s nearly 20% drop, Buffett remained committed to the tech giant.
Chevron (NYSE:CVX), valued at $30 billion, was Berkshire Hathaway’s third-largest holding. The conglomerate increased its energy bet significantly last year, with Chevron’s stock outperforming the market in 2022 with a 53% rally.
Buffett’s portfolio also consists of some long-standing holdings, including Coca-Cola (NYSE:KO), American Express (NYSE:AXP), and Bank of America (NYSE:BAC).