Warren Buffett portfolio soars! These shares make Oracle of Omaha richer in 2019
Despite a tough fourth quarter that hit Warren Buffett's company’s (Berkshire Hathaway) net income, Oracle of Omaha’s portfolio has soared this year, according to a report by Forbes. The stocks in his portfolio which may not have ended way higher from their low points in late 2018 but they are enjoying the benefit of a vigorous market, to begin with, in 2019. S&P 500 has gone up by 14.84 per cent in 2019 till date. As many as 45 of Buffett’s 48 stocks have also soared amid the S&P rally. The positive beginning of the first quarter may also help Buffett’s Berkshire Hathaway recover. Check major shares of Buffett's portfolio which have been among the top gainers and losers in 2019.
Apple Inc
Apple Inc., that contributes 21.51% of the portfolio, has had a great year. The tech giant surged 26.94% year to date and, although it has not returned to its peak price of August, but has delivered Berkshire an estimated gain around 37.44% based on average buy prices quarterly. (Reuters)
StoneCo Ltd
StoneCo Ltd is a Brazilian electronic payments company and its stock has soared 103.25% year to date, rising 53.66% above its initial public offering price of $24 in October. Berkshire purchased shares of the company on October 29, three days after its IPO listed, giving it merely a 0.14% portfolio's share. (Website grab)
The Kraft Heinz Co.
American food company Kraft Heinz is formed by the merger of Kraft Foods and Heinz based in several big cities of USA. The stock of the company witnessed a decline of 22.51% and has a 7.66% weighting in the portfolio as its sixth-largest position. (Reuters)
Teva Pharmaceuticals
Teva Pharmaceuticals fell around 5.60% year to date. The speciality and generic pharmaceuticals company has only 0.36% weighting in Berkshire’s portfolio. (Reuters)
Coca-Cola Co.
The world's most popular soft drink company, Coca-Cola is down 0.59% for the year. The company once Buffett’s occupied top position in Buffet's portfolio but now it has fallen to fourth since 2017. (Reuters)