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All 43 Warren Buffett Portfolio Stocks Now | Current 2023 Holdings List


Updated on November 27th, 2023 by Bob Ciura

To invest in great businesses, you have to find them first. That’s where Warren Buffett comes in…

Berkshire Hathaway (BRK.B) has an equity investment portfolio worth more than $300 billion.

Berkshire Hathaway’s portfolio is filled with quality stocks. You can ‘cheat’ from Warren Buffett stocks to find picks for your portfolio. That’s because Buffett (and other institutional investors) are required to periodically show their holdings in a 13F Filing.

You can see all of Warren Buffett’s stock holdings (along with relevant financial metrics like dividend yields and price-to-earnings ratios) by clicking on the link below:

 

Notes: 13F filing performance is different than fund performance. See how we calculate 13F filing performance here.

This article analyzes Warren Buffett’s top 20 stocks based on information disclosed in the Q4 2023 13F filing.

Table of Contents

You can skip to a specific section with the table of contents below. Stocks are listed by percentage of the total portfolio, from highest to lowest.

How To Use Warren Buffett Stocks To Find Investment Ideas

Having a database of Warren Buffett stocks is more powerful when you have the ability to filter it based on important investing metrics.

That’s why this article’s Excel download is so useful…

It allows you to search Warren Buffett stocks to find dividend investment ideas that match your specific portfolio.

For those of you unfamiliar with Excel, this section will show you how to filter Warren Buffett stocks for two important investing metrics – price-to-earnings ratio and dividend yield.

Step 1: Click on the filter icon in the column for dividend yield or price-to-earnings ratio.

Warren Buffett's Top Stocks Excel Screenshot 1

Step 2: Filter each metric to find high-quality stocks. Two examples are provided below.

Example 1: To find stocks with dividend yields above 1% and list them in descending order, click the ‘Dividend Yield’ filter and do the following:

Warren Buffett's Top Stocks Excel Screenshot 2

Example 2: To find stocks with price-to-earnings ratios below 25 and list them in descending order, click the ‘Price-to-Earnings Ratio’ filter and do the following:

Warren Buffett's Top Stocks Excel Screenshot Additional Example

Warren Buffett & Dividend Stocks

Buffett has grown his wealth by investing in and acquiring businesses with strong competitive advantages trading at fair or better prices.

Most investors know Warren Buffett looks for quality, but few know the degree to which he invests in dividend stocks:

Warren Buffett prefers to invest in shareholder-friendly businesses with long track records of success.

Keep reading this article to see Warren Buffett’s 20 highest conviction stock selections analyzed. These are the 20 stocks with the highest value (most weight) in Berkshire Hathaway’s portfolio.

#1: Apple, Inc. (AAPL)

Dividend Yield: 0.5%
Percent of Warren Buffett’s Portfolio: 52.00%

As of its 2023 third-quarter 13F filing, Berkshire held just over 915 million shares of Apple, worth more than $177 billion. Apple is Berkshire’s largest position by far, due in large part to Apple’s amazing rally over the past few years.

The technology company designs, manufactures and sells products such as iPhones, iPads, Mac, Apple Watch and Apple TV. Apple also has a services business that sells music, apps, and subscriptions.

Apple is also a top holding of other influential investors, such as Kevin O’Leary.

On November 2nd, 2023, Apple reported results for the fourth quarter of fiscal year 2023 (Apple’s fiscal year ends the last Saturday in September). It grew its sales 3% over last year’s quarter thanks to record sales of iPhone for a fourth quarter and all-time high Service sales. The iPhone segment generated 49% of total sales while Service sales comprised 25% of total sales. Earnings-per-share grew 13%, from $1.29 to $1.46, and exceeded the analysts’ consensus by $0.07.

Click here to download our most recent Sure Analysis report on AAPL (preview of page 1 of 3 shown below):

#2: Bank of America Corporation (BAC)

Dividend Yield: 3.0%
Percent of Warren Buffett’s Portfolio: 9.1%

Berkshire Hathaway owns just over 1 billion shares of Bank of America stock, worth $29 billion as of the latest 13F filing.

Bank of America, headquartered in Charlotte, NC, provides traditional banking services, as well as nonbanking financial services to customers all over the world. Its operations include Consumer Banking, Wealth & Investment Management and Global Banking & Markets.

Bank of America was founded in 1904, and should produce about $89 billion in revenue this year. Bank of America is one of the largest financial stocks in the world.

Click here to download our most recent Sure Analysis report on Bank of America (preview of page 1 of 3 shown below):

#3: American Express Company (AXP)

Dividend Yield: 1.4%
Percent of Warren Buffett’s Portfolio: 7.2%

American Express is one of Berkshire’s longest-held stocks. American Express is a credit card company that operates the following business units: US Card Services, International Consumer and Network Services, Global Commercial Services, and Global Merchant Services. American Express was founded in 1850.

American Express reported its third quarter earnings results on October 20. The company generated revenues of $15.4 billion during the quarter, which was 13% more than during the previous year’s quarter. The revenue increase was based on a recovery for American Express’ business compared to the previous year’s quarter, with increased international travel being a tailwind for the company. Revenues were up sequentially, and they beat estimates slightly.

Click here to download our most recent Sure Analysis report on American Express (preview of page 1 of 3 shown below):

#4: The Coca-Cola Company (KO)

Dividend Yield: 3.1%
Percent of Warren Buffett’s Portfolio: 6.9%

Coca-Cola is the world’s largest beverage company, as it owns or licenses more than 500 unique nonalcoholic brands. Since the company’s founding in 1886, it has spread to more than 200 countries worldwide.

Source: Investor Presentation

The company also has an exceptional 59-year dividend increase streak.

Coca-Cola posted third quarter earnings on October 24th, 2023, and results were much better than expectations. Adjusted earnings-per-share came to 74 cents, which was a nickel better than estimates. Revenue was $12 billion, up 8.1% year-over-year, and a full $580 million ahead of expectations.

Organic revenue was up 11% during the quarter, beating estimates by 4%. The company saw gains in Latin America (+20%), EMEA (+20%), North America (+9%), Bottling Investments (+18%), and Global Ventures (+9%). Volume was up 2%, while price and mix accounted for a 9% gain in the top line.

Click here to download our most recent Sure Analysis report on KO (preview of page 1 of 3 shown below):

#5: Chevron Corporation (CVX)

Dividend Yield: 4.1%
Percent of Warren Buffett’s Portfolio: 4.8%

Chevron is the fourth-largest oil major in the world based on market cap. Chevron prices some natural gas volumes based on the oil price, meaning nearly 75% of its output is priced based on the oil price. As a result, Chevron is more leveraged to the oil price than the other oil majors.

In late October, Chevron reported (10/27/23) financial results for the third quarter of fiscal 2023. Despite the rally of the price of oil triggered by a new round of production cuts by OPEC and Russia, earnings-per-share dipped -1% sequentially, from $3.08 to $3.05, and missed the analysts’ consensus by a massive $0.64, mostly due to production issues in the Permian Basin.

Click here to download our most recent Sure Analysis report on CVX (preview of page 1 of 3 shown below):

#6: Occidental Petroleum (OXY)

Dividend Yield: 1.1%
Percent of Warren Buffett’s Portfolio: 4.2%

Occidental Petroleum is an international oil and gas exploration and production company with operations in the U.S., the Middle East, and Latin America. It has a market capitalization of $60 billion. While the company also has a midstream and a chemical segment, it is much more sensitive to the price of oil than the integrated oil majors.

In early November, Occidental reported (11/7/23) financial results for the third quarter of fiscal 2023. Its average realized prices of oil grew 10% and its average realized gas prices jumped 41% over the prior quarter. As a result, earnings-per-share grew 74% sequentially, from $0.68 to $1.18.

Click here to download our most recent Sure Analysis report on OXY (preview of page 1 of 3 shown below):

#7: The Kraft-Heinz Company (KHC)

Dividend Yield: 4.7%
Percent of Warren Buffett’s Portfolio: 3.3%

KraftHeinz is a processed food and beverages company which owns a product portfolio that includes food products such as condiments, sauces, cheese & dairy, frozen & chilled meals, and infant diet & nutrition. The company was created in 2015 in a merger between Kraft Food Group and H. J. Heinz Company, orchestrated by Berkshire Hathaway and 3G Capital.

The Kraft-Heinz Company reported its third quarter earnings results on November 1. The company reported that its revenues totaled $6.6 billion during the quarter, which was up 1% compared to the revenues that Kraft-Heinz generated during the previous year’s period. This was slightly worse than what the analyst community had expected. Kraft-Heinz’ organic sales were up by 2%. Organic sales growth was primarily possible thanks to price increases.

Click here to download our most recent Sure Analysis report on Kraft-Heinz (preview of page 1 of 3 shown below):

#8: Moody’s Corporation (MCO)

Dividend Yield: 0.8%
Percent of Warren Buffett’s Portfolio: 2.6%

Moody’s was created back in 1909, becoming the first company to analyze securities and rate their investment quality for investors on a large scale. Moody’s began with its Analyses of Railroad Investments in 1909 and has blossomed into the company we know today, with over $6 billion in annual revenue.

Moody’s posted third quarter earnings on October 25th, 2023, and results were better than expected on both the top and bottom lines. Adjusted earnings-per-share were $2.43, beating estimates by 15 cents. That was also up from $2.30 in Q2, and up sharply from $1.85 a year ago. Revenue soared 18% year-over-year to $1.5 billion, which was $40 million ahead of expectations. The company noted a rebound in bond issuance as driving better revenue.

Click here to download our most recent Sure Analysis report on Moody’s (preview of page 1 of 3 shown below):

#9: HP Inc. (HPQ)

Dividend Yield: 3.7%
Percent of Warren Buffett’s Portfolio: 0.9%

At the end of the second quarter, Berkshire held just over 104 million shares of HPQ, for a market value of approximately $3.17 billion.

HP Inc. has centered its business activities around two main segments: its product portfolio of printers, and its range of so-called personal systems, which includes computers and mobile devices.

HP reported its second quarter (fiscal 2023) results on May 30. The company reported revenue of $12.9 billion for the quarter, which missed the analyst consensus estimate, and was down 22% from the previous year’s quarter.

Unlike during previous quarters, HP did not benefit from a demand recovery for tech equipment from consumers and corporations any longer, and an economic slowdown hurt consumer sentiment and thus spending. Non-GAAP earnings-per-share totaled $0.80 during the second quarter, which was above the analyst consensus estimate.

Click here to download our most recent Sure Analysis report on HP Inc. (preview of page 1 of 3 shown below):

#10: DaVita Inc. (DVA)

Dividend Yield: N/A (DaVita does not currently pay a quarterly dividend)
Percent of Warren Buffett’s Portfolio: 1.0%

Berkshire’s investment portfolio contains just over 36 million shares of DaVita, Inc., equating to a total investment of $2.60 billion at the time of the last 13F filing. DaVita is slightly more than 1% of Berkshire’s overall investment portfolio.

DaVita provides kidney dialysis services for patients suffering from chronic kidney failure or end stage renal disease. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers.

#11: VeriSign, Inc. (VRSN)

Dividend Yield: N/A
Percent of Warren Buffett’s Portfolio: 0.9%

VeriSign is a globally diversified provider of domain name registry services and Internet security software. The company operates in a single segment, and has a significant international presence.

#12: Citigroup Inc. (C)

Dividend Yield: 4.5%
Percent of Warren Buffett’s Portfolio: 0.7%

Citigroup is a global juggernaut in credit cards, commercial banking, trading, and a variety of other financial activities. It has thousands of branches and produces about $75 billion in annual revenue.

Citi posted third quarter earnings on October 13th, 2023, and results were much better than expected on both the top and bottom lines. Adjusted earnings-per-share came to $1.52, which was 30 cents better than expected. In addition, revenue was $20.1 billion, which was almost a billion dollars ahead of estimates.

The company said each of its five main units grew revenue over the year-ago period. Management noted that Services grew the quickest, adding 13% revenue growth, as Treasury and Trade Solutions had its best quarter “in a decade”.

Click here to download our most recent Sure Analysis report on Citigroup (preview of page 1 of 3 shown below):

#13: The Kroger Co. (KR)

Dividend Yield: 2.6%
Percent of Warren Buffett’s Portfolio: 0.7%

Founded in 1883 and headquartered in Cincinnati, Ohio, Kroger is one of the largest retailers in the U.S. The company has nearly 2,800 retail stores under two dozen banners, along with fuel centers, pharmacies and jewelry stores in 35 states. The company serves nearly 11 million customers a day.

On September 8th, 2023, Kroger reported second quarter 2023 results for the period ending August 12th, 2023. (Kroger’s fiscal year ends the Saturday closest January 31st.) For the quarter, Kroger reported $33.9 billion in sales, down 2% compared to Q2 2022. Excluding fuel, sales increased 1.1% compared to the year ago period. Adjusted earnings-pershare equaled $0.96 compared to $0.90 in 2Q22.

Click here to download our most recent Sure Analysis report on Kroger (preview of page 1 of 3 shown below):

#14: Visa Inc. (V)

Dividend Yield: 0.7%
Percent of Warren Buffett’s Portfolio: 0.6%

Visa is the world’s leader in digital payments, with activity in more than 200 countries. The company’s global processing network provides secure and reliable payments around the world and is capable of handling more than 65,000 transactions a second.

On October 24th, 2023, Visa reported fourth quarter 2023 results for the period ending September 30th, 2023. (Visa’s fiscal year ends September 30th.) For the quarter, Visa generated revenue of $8.6 billion, adjusted net income of $4.8 billion and adjusted earnings-per-share of $2.33, marking increases of 11%, 18% and 21%, respectively.

These results were driven by a 9% gain in Payments Volume, a 16% gain in Cross-Border Volume and a 10% gain in Processed Transactions. Visa processed 56.0 billion transactions in the quarter.

Click here to download our most recent Sure Analysis report on Visa (preview of page 1 of 3 shown below):

#15: Mastercard Inc. (MA)

Dividend Yield: 0.6%
Percent of Warren Buffett’s Portfolio: 0.5%

MasterCard is a world leader in electronic payments. The company partners with 25,000 financial institutions around the world to provide an electronic payment network. MasterCard has more than 3.1 billion credit and debit cards in use.

On October 26th, 2023, MasterCard reported third quarter results for the period ending September 30th, 2023. For the quarter, revenue increased 12.6% to $6.5 billion, which was $6 million above estimates. Adjusted earnings-per-share of $3.39 compared favorably to $2.68 in the prior year and was $0.18 better than expected.

On a local currency basis, gross dollar volumes for the quarter increased 11% worldwide to $2.305 trillion, with the U.S. growing 5% and the rest of the world higher by 13%. Cross border volumes remain strong with growth of 21% from the prior year. Switched transactions increased 15% to 37.2 billion and cards in use grew 7% to 3.263 billion. Expenses were flat year-over-year. The adjusted operating margin expanded 120 basis points to 58.8%.

Click here to download our most recent Sure Analysis report on Mastercard (preview of page 1 of 3 shown below):

#16: Charter Communications (CHTR)

Dividend Yield: N/A
Percent of Warren Buffett’s Portfolio: 0.5%

Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile.

#17: Amazon Inc. (AMZN)

Dividend Yield: N/A
Percent of Warren Buffett’s Portfolio: 0.4%

Amazon is a massive tech company. It is an online retailer that operates a massive e-commerce platform where consumers can buy virtually anything with their computers or smartphones. Amazon is a mega-cap stock with a market cap above $1 trillion. It operates through the following segments:

The North America and International segments include the global retail platform of consumer products through the company’s websites. The Amazon Web Services segment sells subscriptions for cloud computing and storage services to consumers, start-ups, enterprises, government agencies, and academic institutions.

Amazon’s e-commerce operations fueled its massive revenue growth over the past decade. Sales reached $514 billion in 2022, an amazing level of growth over the past decade.

#18: Aon plc (AON)

Dividend Yield: 0.7%
Percent of Warren Buffett’s Portfolio: 0.4%

Aon is a professional services firm headquartered in London, United Kingdom. The company provides a variety of services including consulting, risk management, and health plan management. Aon has approximately 500 offices worldwide that serve 120 countries through a workforce that numbers about 50,000. Aon should generate about $13.2 billion in revenue this year.

Aon posted third quarter earnings on October 27th, 2023, and results were better than expected on both the top and bottom lines. Adjusted earnings-per-share came to $2.32, which was 11 cents ahead of expectations. Revenue was up almost 10% year-over-year to $3 billion, and beat estimates by $110 million. This included 6% organic revenue growth, along with a 2% favorable impact from fiduciary investment income and a further 2% favorable impact from forex translation.

Click here to download our most recent Sure Analysis report on Aon (preview of page 1 of 3 shown below):

#19: Capital One Financial (COF)

Dividend Yield: 2.2%
Percent of Warren Buffett’s Portfolio: 0.4%

Capital One Financial Corp. is one of the largest providers of MasterCard and Visa credit cards in the U.S. and provides various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company had $346.0 billion in deposits and $471.4 billion in assets under management as of September 30th, 2023, making it the 10th largest bank in the US.

On October 26th, 2023, Capital One released its third quarter 2023 results for the period ending September 30th, 2023. For the quarter, the company reported net income of $1.8 billion, or $4.45 per diluted share, compared with net income of $1.4 billion, or $3.52 per diluted share, in the previous quarter and $1.7 billion, or $4.20 per diluted, share in the prior-year quarter.

Click here to download our most recent Sure Analysis report on COF (preview of page 1 of 3 shown below):

#20: Paramount Global (PARA)

Dividend Yield: 4.3%
Percent of Warren Buffett’s Portfolio: 0.3%

ViacomCBS Inc., now called Paramount Global, is an American multinational media conglomerate based in New York City. The company’s content brands include CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, and CBS All Access. The company has six different revenue segments, where Advertising, Affiliate, and Content Licensing are the most significant revenue source.

The company reported third-quarter results for Fiscal Year (FY)2023 on November 2nd, 2023. Paramount’s Q3 2023 earnings report reveals substantial growth, with Paramount+ leading the way. The streaming service experienced a remarkable 61% increase in revenue, surpassing 63 million global subscribers.

Additionally, global Average Revenue Per User (ARPU) expanded by 16%, and combined viewing hours on Paramount+ and Pluto TV grew by 46%. Paramount’s Direct-to-Consumer (DTC) Adjusted Operating Income Before Depreciation and Amortization (OIBDA) improved by 31%, with the company projecting a peak in DTC losses in 2022.

Click here to download our most recent Sure Analysis report on PARA (preview of page 1 of 3 shown below):

Final Thoughts

You can see the following additional articles regarding Warren Buffett:

Warren Buffett stocks represent many of the strongest, most long-lived businesses around. You can see more high-quality dividend stocks in the following Sure Dividend databases:

Alternatively, another great place to look for high-quality business is inside the portfolios of other highly successful investors.

To that end, Sure Dividend has created the following stock databases:

You might also be looking to create a highly customized dividend income stream to pay for life’s expenses.

The following two lists provide useful information on high dividend stocks and stocks that pay monthly dividends:

You can see Buffett’s top dividend stocks analyzed in video format as well below.

Lastly, you can see the articles below for analysis on other major investment firms/asset managers:

Thanks for reading this article. Please send any feedback, corrections, or questions to support@suredividend.com.


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