Warren Buffett is no stranger to multibillion-dollar investments. The Oracle of Omaha has been beating the market for decades while accumulating positions in some of the world’s most popular companies. Courtesy of a new filing, we now have a peek at how the legendary investor has deployed his capital as we run up to 2018.
Many institutional investment managers file their mandatory 13F with the Securities & Exchange Commission (SEC). The filing is a quarterly report of equity holdings required by managers who oversee more than $100 million in qualifying assets and must be filed within 45 days of the end of each quarter. The 13F provides a glance at what firms did in the previous quarter, but investors should keep in mind that hedging and trading strategies of each fund are still unknown.
Buffett’s Berkshire Hathaway made several big changes in the three months ending December 2017. Let’s take a look at Berkshire Hathaway’s top 10 holdings according to dollar value as of December, not including Buffett’s option to purchase 700 million shares of Bank of America at any time prior to September 2021 for $5 billion.
10. Southwest Airlines
- Buffett’s holding: 47.6 million shares
A new appearance at No. 10 on the list is one of several airlines in Buffett’s portfolio. Berkshire Hathaway also owns stakes in American Airlines, Delta, and United, but Southwest is the most valuable. Buffett is holding onto his Southwest stock, which was worth $3.1 billion at the end of 2017.