Despite being noted for replacing equity for cash en masse, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A, BRK.B) portfolio diminished by only $9 billion between December 31 and March 31.
The latest 13-F document, filed on May 15, shows that the total value of holdings fell 3.11% from $267 billion to $258.7 billion, and the number of holdings decreased from 38 to 36.
Warren Buffett bets big on swimming pools
The biggest relative changes involved Pool Corp (NASDAQ: POOL), Citigroup (NYSE: C), and Nu Holdings (NYSE: NU).
During the first quarter (Q1) of 2025, The Oracle of Omaha purchased 865,311 POOL shares, worth about $261 million, bringing his total stake in the swimming pool equipment company from 598,689 to 1.46 million for a 145% difference.
Buffett’s C and NU holdings underwent a total change, as he sold 100% of both equities. Overall, the legendary investor sold 14.6 million shares of the former, approximately $1 billion worth, and 40 million of the latter, approximately $416 million worth.
These are the biggest increases in Warren Buffett’s portfolio
Warren Buffett’s biggest absolute stake increases involved the alcohol company Constellation Brands (NYSE: STZ) and the blue-chip soft-drink maker Coca-Cola (NYSE: KO).
During Q1, The Oracle of Omaha increased his STZ stake by nearly 6.4 million shares, worth $961 million. On December 31, he owned 5.6 million Constellation shares; on March 31, he held 12 million.
The KO stock situation is somewhat different as he neither bought nor sold any shares of the company. Instead, the value of the position increased by $3.74 billion from $24.9 billion to $28.6 billion as Coca-Cola rose 15.82% from $61.84 on January 2 to $71.62 on March 31.
These are the biggest drops in Warren Buffett’s portfolio
The situation with Buffett’s famous Apple (NASDAQ: AAPL) investment was similar to that with KO equity. Although The Oracle of Omaha didn’t trade any AAPL shares, his position diminished by nearly $8.5 billion from $75 billion to $66.6 billion.
Apple stock plunged 8.91% in Q1, from $243.85 on January 2 to $222.13 on March 31.
Warren Buffett’s biggest sale of the quarter involved Bank of America (NYSE: BAC), indicating he has continued his 2024 selling spree. The famed trader offloaded 48.6 million BAC shares worth $3.5 billion, thus reducing his position from $29.9 billion to $26.3 billion.
Warren Buffett’s biggest positions at end of Q1, 2025
Lastly, following the Q1 changes, Apple remained Berkshire Hathaway’s biggest position. At a value of $66.6 billion, AAPL accounts for 26% of the portfolio.
American Express (NYSE: AXP) is in second place at 16%, with 151.6 million shares worth $40.8 billion, and Coca-Cola is third at 11%, with 400 million shares worth $28.6 billion.
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