Berkshire Hathaway Adjusts Portfolio, Reduces Tech and Media Holdings

Warren Buffett's firm trims stakes in Apple, HP, and Paramount Global, while increasing investments in the energy sector amid economic uncertainties.

Warren Buffett's Berkshire Hathaway significantly reduced its stakes in Apple, HP, and Paramount Global in the last quarter of 2023.
The firm also exited positions in D.R. Horton, Globe Life, Markel, and StoneCo, while boosting its investments in Chevron, Occidental Petroleum, and Sirius XM.
Despite the sell-offs, Berkshire Hathaway's portfolio value increased, with Apple remaining its top holding.
Berkshire Hathaway's strategic shifts reflect a cautious outlook amid economic uncertainties and potential shifts towards the energy sector.
The firm did not disclose any new major positions, maintaining secrecy over at least one ongoing investment.