Warren Buffett’s surprising new bets: what does the famous investor buy and sell?

Warren Buffett is known, apart from being one of the world’s great fortunes, for being one of the most important investors. At 91 years old, the CEO of Berkshire Hathaway has made headlines for his recent movements in the world of investment as detailed in the information submitted to the SEC in the last quarter of 2021. Bets that are related to cryptocurrencies, manufacturers of videogames, oil companies or the media. But not only that, since he also decided to sell some of his shares in various renowned companies.

It is becoming more and more common to see many major investors backing down on their views on cryptocurrencies. One of them was George Soros, who went from calling it a “typical scam and bubble” to confessing that it is a “popular phenomenon”, in addition to acknowledging that he had some bitcoins. Another was Lloyd Blankfein, former CEO of Goldman Sachs, who indicated that “its ecosystem had matured in the last year.”

Now Warren Buffett has been the last to rise to the fore. Not directly, but by doubling down on him for Nubank, a Brazilian neobank, which also operates in Mexico and Colombia, which is focused on cryptocurrencies and praised for being one of the first to offer a bitcoin ETF. At the end of 2021, Berkshire Hathaway invested 500 million dollars in it and has now decided to ‘put’ another 1,000 million, which demonstrates its strong commitment to this sector.

Another of Buffett’s movements has been that of the video game company Activision Blizzard. The famed investor has set his sights on the US tech giant, snapping up $1 billion worth of shares in the fourth quarter just weeks before Microsoft announced its intention to buy it for almost $69 billion in January. Berkshire Hathaway owns 14.66 million Activision shares valued at $975 million at the end of 2021, though they are now publicly traded at $81 a share and worth nearly $1.2 billion. The price offered by Microsoft is 95 dollars per share, compared to 66 dollars at which it closed in 2021.

Chevron It was another of the firms that Buffett decided to bet on. Berkshire Hathaway increased its position in the oil company, which has a 1.36% weight in its portfolio, by about a third during the fourth quarter. The stake, which was first purchased in the third quarter of 2020 and halved during the first quarter of 2021, was worth approximately $4.5 billion at the end of the quarter. Currently the price of its share has a value of 132.5 dollars and an average forecast for the next 12 months of 145 dollars.

His other big bets are Liberty Sirius XM Serie A, in which Buffett increased his stake by 36% during the fourth quarter of 2021, some 5.4 million shares of the 20 million he owns in total. The total value of his stake is $1 billion. For its part, the Oracle of Omaha has established a new position in Liberty Media Formula One Serie C. The purchase of 2.1 million shares, for a value of 134 million, represents 0.04% of the stock portfolio of the holding.

Some of your sales

Berkshire Hathaway decided to reduce its stake in Visa at just over 13%, while it did the same with Mastercard by 7%, approximately. Currently, Buffett’s company still owns about $1.4 billion in Mastercard and $1.8 billion in Visa. Two companies that have been in their portfolio since 2011.

Charter Communications, the second largest cable operator in the United States behind Comcast, is another of the firms in which Buffett decided to sell some of his shares. Charter now represents 0.75% of Berkshire Hathaway’s total portfolio value, up from more than 1% in Q3 2021.

Another stock that Buffett is selling is Marsh y McLennan. Berkshire cut its stake in the world’s leading insurance broker and risk advisor, cutting it by 85% during the fourth quarter of last year. His stake in MMC is less than 405,000 shares, worth 70.4 million as of December 31, which represents 0.02% of the total value of his portfolio.

Your spoiled girls

Berkshire Hathaway’s top holdings were unchanged during the final quarter of 2021 with just four companies accounting for more than 70% of its portfolio’s current value. and those are Applewith 157,500 million dollars, Bank of Americawith 44,900 million dollars, American Expresswith 24,800 million dollars and Coca Colawith 23,700 million.