Berkshire Hathaway's Equity Holdings in Apple, Paramount Global, HP, and Chevron

Berkshire Hathaway, the multinational conglomerate led by Warren Buffett, made some significant changes to its equity holdings in the fourth quarter. According to the company's quarterly 13-F report released on Wednesday, Berkshire reduced its stake in Apple, Paramount Global, and HP, while increasing its investment in Chevron.

Apple's Stakes

Berkshire sold 10 million shares of Apple during the period, reducing its holding to 905 million shares. Despite the reduction, the remaining shares are valued at an impressive $166 billion, which accounts for nearly half of Berkshire's equity portfolio.

Chevron's Expansion

On the other hand, Berkshire added to its investment in Chevron. During the quarter, they purchased 16 million shares of this leading domestic energy company, increasing their total investment to 126 million shares worth approximately $19 billion. The purchase of Chevron shares followed the sale of around 13 million shares in the previous quarter.

Paramount Global and HP

Berkshire also made moves with its stakes in Paramount Global and HP. They sold about a third of their investment in Paramount Global and now hold 63 million shares in the media company. As for HP, the maker of PCs and printers, Berkshire significantly reduced its holding by 80 million shares, leaving them with approximately 23 million shares at the end of the quarter.

Eliminated Holding

In addition to these changes, Berkshire completely eliminated its holding of about 6 million shares in DR Horton, the country's leading home builder.

Portfolio Management

Warren Buffett oversees about 90% of Berkshire's equity portfolio, which is currently valued at around $350 billion. The remaining portion is managed by Ted Weschler and Todd Combs. However, Berkshire does not disclose which manager is responsible for specific equity buys or sells.

While Buffett has previously mentioned that a small portion of the Apple investment is held by either Weschler or Combs, it remains uncertain whether the sales of Apple shares in the latest quarter were executed by him or the other two managers.