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Want to Invest Like Warren Buffett? All the Moves the Billionaire Made Last Quarter

Benzinga Real-time News ·  Nov 14, 2022 22:36

Billionaire investor Warren Buffett was a buyer of stocks to the tune of $9 billion last quarter, per a new regulatory filing from $Berkshire Hathaway-A (BRK.A.US)$.

What To Know: According to a 13F filing with the SEC, Buffett added new positions in the third quarter while stocks were facing selling pressure amid continued inflation concerns.

The billionaire investor picked up new positions in $Taiwan Semiconductor Manufacturing (TSM.US)$, $Louisiana-Pacific (LPX.US)$ and $Jefferies Financial (JEF.US)$.

Taiwan Semiconductor was by far Buffett's biggest move. He purchased approximately 60 million shares of the chip company last quarter. Buffett added 5.8 million shares of Louisiana-Pacific and more than 400,000 shares of Jefferies Financial.

Buffett also increased existing positions in $Occidental Petroleum (OXY.US)$, $Paramount Global-B (PARA.US)$, $Chevron (CVX.US)$, $Celanese Corp (CE.US)$ and RH (NYSE:RH).

The billionaire investor wasn't just a buyer last quarter. He also completely cut $STORE Capital Corp (STOR.US)$ from his portfolio and trimmed back positions in $Activision Blizzard (ATVI.US)$, $The Kroger (KR.US)$, $Bank of New York Mellon (BK.US)$ and $U.S. Bancorp (USB.US)$.

$Apple (AAPL.US)$ remained Berkshire's largest position by far.

Several of the aforementioned names are moving on the back of Berkshire's regulatory filing. Buffett is widely considered to be the world's greatest value investor of all time.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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