Buffett's Berkshire Hathaway announced its position report for the fourth quarter of last year on Wednesday, reducing Apple's holdings by 10 million shares and increasing its shares in Chevron and Occidental Petroleum.
Berkshire also reduced its holdings of Paramount Global by 30.4 million shares, about one-third of its previous holdings. Affected by this news, Paramount's stock price plummeted by more than 7% after the market.
Berkshire also quit its home builder D.R. Horton, Markel Group Inc. positions in StoneCo Ltd., and Globe Life.
In terms of technology stocks, Berkshire further reduced its holdings in HP and Apple, but Apple is still its biggest stock.