2024-06-26 04:50:00 ET
Lately, there aren't a lot of stocks Warren Buffett has found interesting enough to add to Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) $385 billion portfolio. Buffett, through Berkshire, has made only a handful of purchases during the current bull market .
Truth be told, Buffett has sold more stocks than he's bought in each of the last six quarters . Some of his biggest sales last quarter included a portion of his top holding, Apple , as well as all of Berkshire's position in Paramount Global stock and the rest of Berkshire's stake in HP . But he's been consistently adding to some positions in 2024, including one of his biggest holdings.
So far in June, Buffett spent another $435 million on Occidental Petroleum (NYSE: OXY) to make it Berkshire's sixth-largest position.
For further details see:
Warren Buffett Just Bought $435 Million of This Stock and Plans to Hold It Forever