Warren Buffett's Complete Portfolio List & 20 Highest-Conviction Stocks

Sure Dividend

High-Quality Dividend Stocks, Long-Term Plan
The Sure Dividend Investing MethodMember's Area

Warren Buffett’s Complete Portfolio List & 20 Highest-Conviction Stocks


Updated on February 25th, 2022 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 $330 billion, as of the end of the 2021 fourth quarter.

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:

 

Free Excel Download: Get a free Excel Spreadsheet of all Warren Buffett stocks, complete with metrics that matter – including P/E ratio and dividend yield. Click here to download Buffett’s holdings now.

This article analyzes Warren Buffett’s top 20 stocks based on information disclosed in his Q4 2021 13F filing.

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

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.

The following stocks represent Warren Buffett’s largest 20 stock positions.

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

 

#1: Apple, Inc. (AAPL)

Dividend Yield: 0.5%
Percent of Warren Buffett’s Portfolio: 47.6%

As of its fourth-quarter 13F filing, Berkshire held just over 887 million shares of Apple, worth more than $157 billion. Apple is Berkshire’s largest position by far, due in large part to Apple’s amazing rally over the past few years.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today 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.

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

#2: Bank of America Corporation (BAC)

Dividend Yield: 1.9%
Percent of Warren Buffett’s Portfolio: 13.6%

Berkshire Hathaway owns just over 1 billion shares of Bank of America stock, worth nearly $45 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: 0.9%
Percent of Warren Buffett’s Portfolio: 7.5%

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 fourth quarter earnings results on January 25. The company generated revenues of $12.2 billion during the quarter, which was 30% 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, where the pandemic had a large negative impact on card holder spending.

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: 2.8%
Percent of Warren Buffett’s Portfolio: 7.2%

CocaCola 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.

Coca-Cola reported fourth quarter and full-year earnings on February 10th, 2022, and results were well ahead of estimates on both the top and bottom lines. Earnings-per-share on an adjusted basis came to 45 cents, four cents ahead of expectations.

Revenue was $9.5 billion, up nearly 11% year-over-year, and beating estimates by $570 million. The company reported organic revenues having a 9% gain year-over-year, including a 10% increase in pricing and mix, which was offset slightly by a 1% decline in volume.

Organic sales in EMEA shot up 17%, while North America saw a very strong 14% gain. Asia-Pacific saw a 3% decline in organic sales. Hydration, sports, coffee, and tea grew 12% for the quarter, and nutrition, juice, dairy, and plant based beverages were up 11%. The core sparkling soft drinks segment was up 8%, so strength was broad-based.

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

#5: The Kraft-Heinz Company (KHC)

Dividend Yield: 4.0%
Percent of Warren Buffett’s Portfolio: 3.5%

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 KraftHeinz Company reported its fourth quarter earnings results on February 16. The company reported that its revenues totaled $6.7 billion during the quarter, which was down 3% compared to the revenues that KraftHeinz generated during the previous year’s period. This was slightly better than what the analyst community had expected. KraftHeinz’ organic sales were up by 4%, which was better than the organic sales growth rate during the previous quarter. Organic sales growth was possible thanks to price increases, whereas volumes were flat.

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

#6: Moody’s Corporation (MCO)

Dividend Yield: 0.9%
Percent of Warren Buffett’s Portfolio: 2.9%

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 is still one of the largest players in the traditional ratings business but has transformed itself in recent years by investing heavily in data and analytics, which is less cyclical and has very strong margins.

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

#7: Verizon Communications (VZ)

Dividend Yield: 4.7%
Percent of Warren Buffett’s Portfolio: 2.5%

Verizon Communications is one of the largest communications services stocks.

Wireless contributes threequarters of all revenues, and broadband and cable services account for about a quarter of sales. The company’s network covers ~300 million people and 98% of the U.S. Verizon has now launched 5G UltraWideband in several cities as it continues its rollout of 5G service.

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

#8: U.S. Bancorp (USB)

Dividend Yield: 3.2%
Percent of Warren Buffett’s Portfolio: 2.2%

U.S. Bancorp traces its lineage back to 1863 when the First National Bank of Cincinnati opened for business. It has since grown to 70,000 employees, and about $25 billion in annual revenue.

The bank has expanded from a regional player to a national powerhouse in recent years, becoming the fifthlargest bank by assets in the U.S. It competes mostly in traditional banking activities, but also offers wealth management, payment and investment services.

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

#9: Chevron Corporation (CVX)

Dividend Yield: 4.5%
Percent of Warren Buffett’s Portfolio: 1.0%

Chevron is the second-largest U.S. oil stock behind only Exxon Mobil (XOM). Chevron has increased its dividend for over 40 consecutive years, making it a Dividend Aristocrat.

In late January, Chevron reported (1/28/22) financial results for the fourth quarter of fiscal 2021. The company cut its production by 5% over the prior year’s quarter but greatly benefited from the strong recovery of the energy market from the pandemic and the deep production cuts of OPEC and Russia, which led the price of oil to rally to a 7year high.

The average realized prices of oil and gas of Chevron nearly doubled over the prior year’s quarter and thus the oil major grew its adjusted earningspershare from $0.16 to $2.56, a nearly 8year high. In the full year, Chevron posted record free cash flow of $21.1 billion ($10.98 per share) and achieved a reserve replacement ratio of 112%.

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

#10: The Bank of New York Mellon Corporation (BK)

Dividend Yield: 2.5%
Percent of Warren Buffett’s Portfolio: 1.3%

Berkshire Hathaway’s common stock portfolio contains just over 72 million shares of the Bank of New York Mellon Corporation with a market value of $3.7 billion.

The Bank of New York Mellon Corporation is a global financial services institution that specializes in asset management, custodial services, and wealth management.

The company generates nearly $17 billion in annual revenue. The bank is present in 35 countries around the world and acts as more of an investment manager than a traditional bank.

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

#11: DaVita Inc. (DVA)

Dividend Yield: N/A (DaVita does not currently pay a quarterly dividend)
Percent of Warren Buffett’s Portfolio: 1.2%

Berkshire’s investment portfolio contains just over 36 million shares of DaVita, Inc., equating to a total investment of $4 billion at the time of the last 13F filing. DaVita is about 1.2% 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.

#12: General Motors Company (GM)

Dividend Yield: N/A
Percent of Warren Buffett’s Portfolio: 1.1%

Berkshire Hathaway’s investment portfolio owns 60 million shares of GM, for a market value of approximately $3.5 billion.

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts around the world. Its top vehicle brands include Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling.

#13: VeriSign, Inc. (VRSN)

Dividend Yield: N/A
Percent of Warren Buffett’s Portfolio: 1.0%

Buffett’s Berkshire Hathaway investment portfolio holds 12.8 million shares of VeriSign, In.c with a market value of $3.2 billion.

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.

#14: The Kroger Co. (KR)

Dividend Yield: 1.9%
Percent of Warren Buffett’s Portfolio: 0.8%

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 June 24th, 2021, Kroger increased its quarterly dividend by 16.7% to $0.21. Shares yield nearly 2%.

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

#15: Charter Communications, Inc. (CHTR)

Dividend Yield: N/A (Charter Communications does not currently pay a dividend)
Percent of Warren Buffett’s Portfolio: 0.8%

Warren Buffett’s investment portfolio contains 3.8 million shares of Charter Communications with a market value of nearly $2.8 billion.

Charter Communications, Inc. operates as a broadband connectivity and cable company serving residential and commercial customers in the United States.

#16: The Liberty Sirius XM Group (LSXMK)

Dividend Yield: N/A
Percent of Warren Buffett’s Portfolio: 0.7%

At the end of the fourth quarter, Berkshire held just over 20 million shares of Liberty SiriusXM.

The Liberty SiriusXM Group, through its subsidiaries, engages in entertainment businesses. It features music, sports, entertainment, comedy, talk, news, traffic, and weather channels through radio and mobile applications.

#17: Snowflake Inc. (SNOW)

Dividend Yield: N/A
Percent of Warren Buffett’s Portfolio: 0.6%

Berkshire owns just over 6.1 million shares of Snowflake. The stake is worth approximately $2.07 billion.

Snowflake provides a cloud-based data platform in the United States and internationally. It offers Data Cloud, an ecosystem that enables customers to consolidate data into a single source.

#18: Visa Inc. (V)

Dividend Yield: 0.7%
Percent of Warren Buffett’s Portfolio: 0.5%

Warren Buffett’s investment portfolio holds nearly 8.3 million shares of Visa with a quarter-end market value of $1.8 billion.

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. In fiscal year 2021 the company generated nearly $13 billion in profit.

On October 22nd, 2021, Visa declared a $0.375 quarterly dividend, a 17.2% dividend increase.

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

#19: Amazon.com, Inc. (AMZN)

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

As of Q4 2021, Berkshire owned more than 533,000 shares of Amazon, worth approximately $1.78 billion at the end of the quarter.

Amazon is an online retailer that operates a massive e-commerce platform where consumers can buy virtually anything with their computers or smartphones.

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.

#20: Mastercard Incorporated (MA)

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

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 nearly 3 billion credit and debit cards in use.

MasterCard announced fourth quarter and full year earnings results on 1/27/2022. For the quarter, revenue grew 26.2% to $5.2 billion, which was $30 million more than anticipated. Adjusted earningspershare of $2.35 compared favorably to adjusted earningspershare of $1.64 in the prior year and was $0.14 ahead estimates.

For the year, revenue improved 23% to $18.9 billion while adjusted earningspershare of $8.76 was a 38% increase from 2020

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

Final Thoughts

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:

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.


More from sure dividend
The Sure Dividend Investing MethodMember's Area