Warren Buffett has placed big bets on several well-known companies as he prepares to step down from his role at Berkshire Hathaway. The billionaire investor has put $196.7 billion into just seven stocks. This represents over 70% of the firm’s total assets.
Apple is Berkshire’s largest holding at $58.9 billion. This is despite Buffett selling more than half of the firm’s stake in the tech giant since 2023. American Express is another major bet, with $43.6 billion allocated.
Buffett is counting on the financial company’s premium customers and payment network. Coca-Cola, a longtime Buffett favorite, has $28.4 billion invested. The soft drink maker is recognized for its global brand and steady dividend payments.
Bank of America is a significant holding at $27.8 billion.
Buffett’s significant stock investments
However, Buffett has recently reduced the firm’s overall investments in banks.
Energy giants Chevron and Occidental Petroleum have allocated $17.3 billion and $12.3 billion, respectively. These align with Buffett’s preference for companies with strong cash flows. Kraft Heinz, another consumer goods company, rounds out the top holdings with $8.4 billion invested.
It has long been one of Buffett’s favorite stocks. Berkshire is also sitting on a sizable cash pile of $347.7 billion. This gives the firm flexibility for future investments.
Buffett, known as the “Oracle of Omaha,” is set to end his 60-year tenure at Berkshire Hathaway at the end of 2025. He has hand-picked Greg Abel to succeed him and continue the firm’s legacy of smart, long-term investing. Buffett’s departure will mark the end of an era, but his investment philosophy is likely to endure.
