Berkshire Hathaway, the investment conglomerate led by Warren Buffett, revealed its latest stock moves in a regulatory filing on Wednesday. The company reduced its stake in Apple, the iPhone maker, and sold its entire holdings in four other stocks. The company also did not disclose the name or details of a new investment that it made in the third quarter of 2023.
Apple remains the largest holding, but with less weight
Berkshire Hathaway sold 10 million shares of Apple in the fourth quarter of 2023, lowering its stake to 905 million shares, or 5.85% of the total Apple stock. The company still holds Apple as its largest holding, representing nearly half of its equity portfolio, but with less weight than before.
The company did not explain the reason for the sale, but it may have been motivated by profit-taking, diversification, or valuation concerns. Apple shares rose 28% in 2023, outperforming the S&P 500 index, which gained 18%. Apple also reached a market capitalization of $3 trillion in January 2024, making it the most valuable company in the world.
Berkshire Hathaway first bought Apple shares in 2016, and has since added to its position several times. The company has made a huge profit from its investment, as Apple shares have increased more than sixfold since then. The company also receives a hefty dividend from Apple, which paid $3.80 per share in 2023.
Four stocks are completely sold, while Chevron is doubled
Berkshire Hathaway also sold its entire stakes in four stocks in the fourth quarter of 2023, exiting two investments that it had made in 2019. The company sold 8.3 million shares of Paramount, the media company that owns CBS, Showtime, and Paramount Pictures. The company also sold 3.7 million shares of HP, the personal computer and printer maker.
The company did not reveal the prices or the gains or losses from the sales, but both stocks performed well in 2023. Paramount shares rose 42%, boosted by its streaming service Paramount+, which reached 50 million subscribers in December 2023. HP shares rose 32%, driven by strong demand for its products amid the work-from-home trend.
Berkshire Hathaway also increased its stake in Chevron, the oil and gas giant, by 50% in the fourth quarter of 2023. The company bought 13.6 million shares of Chevron, bringing its total position to 40.8 million shares, or 2.2% of the total Chevron stock. The company made Chevron its sixth-largest holding, worth $5.4 billion.
The company may have been attracted by Chevron’s low valuation, high dividend, and strong cash flow. Chevron shares traded at 12 times its expected earnings for 2024, lower than the S&P 500 average of 18 times. Chevron also paid a dividend of $5.36 per share in 2023, yielding 5.4%. Chevron also generated $23 billion of free cash flow in 2023, up 54% from 2022.
A new investment remains a mystery
Berkshire Hathaway also disclosed that it made a new investment worth over $1 billion in the third quarter of 2023, but it did not reveal the name or the details of the company. The company requested and received permission from the Securities and Exchange Commission to keep the information confidential, as it may be still building or adjusting its position.
The company hinted that the new investment may involve a bank, finance company, or insurer, as it reported that it spent $1.2 billion on stock in that sector in the third quarter of 2023. The company also said that it did not buy or sell any shares of the new investment in the fourth quarter of 2023.
The market has been speculating about the identity of the new investment, with some analysts and investors suggesting names such as Bank of America, American Express, or Progressive. The company is expected to reveal the name of the new investment in its next quarterly filing, which is due in May 2024.
Berkshire Hathaway is one of the largest and most influential investors in the world, with a market capitalization of $650 billion and a portfolio of 49 stocks worth $320 billion. The company also owns dozens of businesses across various sectors, such as Geico, BNSF, Berkshire Hathaway Energy, and Dairy Queen.
![gain Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March? By Harshika Yadav Published: Saturday, March 28, 2026, 6:55 [IST] preference Add as a preferred source on Google Gold rates in India witnessed a modest recovery on March 27, 2026, after a sharp fall in the previous session, indicating a cautious stabilisation in the bullion market. The yellow metal had dropped by Rs 212 per gram (or Rs 21,200 per 100 grams) of 24 Karat (24K) earlier, but managed to regain some ground. Gold Price Updates as US-Iran Tensions Ease; Pakistan, Turkiye & Egypt Step Up Mediation Efforts The rise in yellow metal follows easing geopolitical concerns after US President Donald Trump signalled a delay in potential military action against Iran's energy infrastructure by 10 days, pushing the deadline to April 6. This development, along with ongoing diplomatic efforts, has helped support safe-haven demand. gold Rate Today Further adding to market sentiment, Pakistan's Foreign Minister Ishaq Dar confirmed that Islamabad is acting as an intermediary between the United States and Iran, relaying messages as part of efforts to de-escalate tensions. Countries like Türkiye and Egypt are also reportedly supporting the mediation process, offering some relief to global financial markets. Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram 24 Karat Gold Rate Today in India In the 24 Karat segment, at the time of writing, the rate for 1 gram stood at Rs 14,471, rising by Rs 16 from Rs 14,455. For 8 grams, the price increased to Rs 1,15,768, up by Rs 128. The rate for 10 grams climbed to Rs 1,44,710, reflecting a gain of Rs 160, while 100 grams of 24 Karat gold were priced at Rs 14,47,100, marking an increase of Rs 1,600. 22 Karat Gold Rate Today in India The price of one gram of 22K stood at Rs 13,265, gaining Rs 15 from the previous session. For 8 grams, the rate rose to Rs 1,06,120, registering an increase of Rs 120. The cost of 10 grams advanced to Rs 1,32,650, up by Rs 150, while 100 grams were priced at Rs 13,26,500, reflecting a gain of Rs 1,500. 18 Karat Gold Rate Today in India The rate for one gram of 18K stood at Rs 10,853, up by Rs 12. For 8 grams, the price moved up to Rs 86,824, marking a gain of Rs 96. The rate for 10 grams climbed to Rs 1,08,530, increasing by Rs 120, while 100 grams were valued at Rs 10,85,300, reflecting an uptick of Rs 1,200. Latest MCX Gold Price In the domestic futures market, gold on the Multi Commodity Exchange (MCX) held firm above the Rs 1,44,500 level as per latest trading record, supported largely by the weakness in the Indian rupee, which continues to cushion local prices despite global volatility. Latest Spot Gold Rate The rebound in domestic gold rates comes alongside a recovery in international markets, where gold moved above the $4,400 per ounce mark. What Lies Ahead for Gold Prices? Check Gold Rate Prediction Jateen Trivedi, VP - Research Analyst (Commodity and Currency), LKP Securities, said, "Gold remained slightly positive, trading above $4,425 with highs near $4,475, supported by initial optimism around US-Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks." From a technical perspective, he explained, "Technically, support is seen near Rs 1,42,000, while resistance is placed around Rs 1,46,500. Overall, gold is expected to remain volatile with limited upside unless clarity emerges on inflation and geopolitics."](https://keralanews247.com/wp-content/uploads/2026/03/rupee-and-dollar-scaled-120x86.png)
