Savvy investors like Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A), are known for investing long-term; however, due to the stock market rally in 2024, many of his investments experienced sizable growth in this year alone.
In his latest holdings report, 13F, Buffett revealed some notable changes in his portfolio, including cutting his largest position, Apple (NASDAQ: AAPL), in half.
In addition to iPhone maker, Oracle of Omaha’s largest positions include Bank of America (NYSE: BAC), American Express (NYSE: AXP), Coca-Cola (NYSE: KO), and Chevron (NYSE: CVX).
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Considering this, Finbold decided to analyze his portfolio and determine the current worth of a $10,000 investment in Buffett’s portfolio made on January 1.
Almost all of Buffett’s stock holdings are in the green in 2024.
Notable companies from the technology, oil, banking, and beverage industries make up the most prominent holdings in Buffett’s portfolio, meaning that investing in different stocks would warrant a $2,000 investment each.
An investment of $2,000 in the Cupertino giant at the start of 2024 would acquire 10.71 AAPL shares at $186.84, worth $2,404.77 on August 23.
The next largest holding, Bank of America stock, which might be Buffett’s next large sale, would yield 59 shares for $33.90 per share, worth $2,314.16 at the time of writing.
American Express stock, the third-largest holding, was worth $188.31 on January 1, so an investment of $2,000 would acquire 10.62 shares worth $2,632.68 as of now.
Famous beverage company Coca-Cola, one of Buffett’s favorite stocks, was worth $59.82 at the beginning of 2024, and an investment of $2,000 would increase to $2,338.79 at a current price of $69.93 per share.
The only loser among the top five holdings is Chevron stock, which decreased from $149.48 to $145.73, meaning an investment of $2,000 would decrease to $1,949.38.
A handsome profit for Buffett’s copycats
Those who decided to copy Buffett and allocate $10,000 to such trade would have a 16.39% increase in the value of their holdings, meaning that their initial investment has risen to $11,639.78
The main driver of their gains was the increase in the value of technology and finance stocks, which saw double-digit value increases.
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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.
