Warren Buffett, renowned as the Oracle of Omaha, stands as a titan in the world of finance. His astute investment strategies and unparalleled insights have elevated him to the status of one of the most successful stock market investors in history.
With a remarkable ability to identify undervalued companies and a steadfast adherence to long-term thinking, Buffett’s legacy as a shrewd and wise investor continues to influence the financial landscape globally.
For years, investors have avidly monitored Warren Buffett’s every move, eager to glean insights into his investment choices.
Picks for you
Thanks to the innovative investment app “Autopilot,” investors can mirror the strategies of renowned figures like Buffett, Michael Burry, and Nancy Pelosi, democratizing access to successful investment tactics and allowing individuals to align their portfolios with the moves of seasoned experts.
When it comes to Buffett, copy-trading the iconic investor’s portfolio generated an average yearly return of 12%, the same rate it yielded last year, according to Autopilot’s data retrieved by Finbold on August 9.
Which stocks is Buffett buying?
Unsurprisingly, half of Buffett’s portfolio is captured by Apple (NASDAQ: AAPL), the biggest company in the world.
The 92-year-old business magnate allocated 50% of his portfolio in the tech giant’s shares, followed by Bank of America (NYSE: BAC) at 10%, Occidental Petroleum (NYSE: OXY) at 9%, American Express (NYSE: AXP) at 8%, and Coca-Cola (NYSE: KO) at 7%.
Other notable stock positions held by Buffett also include Chevron (NYSE: CVX), Kraft Heinz (NASDAQ: KHC), Moody’s (NYSE: MCO), and HP Inc (NYSE: HPQ), among several others.
Best performers
Among the aforementioned stocks, Buffett’s biggest holding, AAPL, also delivered the best year-to-date (YTD) performance, surging more than 42% during that period from $125 to $178.
American Express also performed well, soaring 12.3% since the start of the year, while HP Inc jumped 22.7% and MCO rose 22.8% since January 1.
Stocks that are in the red in 2023 are Kraft Heinz at -15%, Chevron at -8%, Coca-Cola at -2.9%, and Bank of America at -7%.
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Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.