Best answer: What did Warren Buffett buy last quarter?

What did Buffet buy last quarter?

AbbVie. Buffett first bought AbbVie (ABBV, $116.89) in the third quarter of 2020 as part of a wider bet on the pharmaceutical industry. Like BMY above, he added to the holding in the fourth quarter before reversing course in Q1. Most recently, Berkshire Hathaway cut its position by more than 10%, or 2.7 million shares.

What is Warren Buffett buying now?

Buffett’s biggest equity purchase of 2020, Verizon Communications (VZ), hasn’t been a winner so far. Berkshire held 158.8 million shares of the telecom company on March 31, and that stake now is worth about $8.8 billion with the stock at around $55.50.

Why did Warren Buffett buy Verizon?

The first is “cash is king.” Buffett enjoys investing in companies with strong earnings. Secondly, he’s a value-seeking investor. Verizon seems to tick both of these boxes and can also be considered a provider of essential services, which makes it suitable for both value and dividend investors.

What stocks Bill Gates own?

Best Stocks to Buy Now According to Bill Gates

  • Waste Management, Inc. (NYSE: WM) …
  • Liberty Global plc (NASDAQ: LBTYA) Gates’ Stake Value: $12,962,000 Percent of Bill & Melinda Gates’ 13F Portfolio: 0.06% Number of Hedge Fund Holders: 35. …
  • Canadian National Railway Company (NYSE: CNI) …
  • Ecolab Inc. …
  • United Parcel Service, Inc.
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Does Warren Buffett Own McDonalds?

The simple restaurant franchise model appealed to Buffett, who also has invested in other well-known consumer brands such as McDonald’s, Coca-Cola and Gillette.

How did Buffett get rich?

Warren Buffett made his first million by running a hedge fund. Then he switched to owning small banks. Then finally he shut down his hedge fund and put all his money into running an insurance company. An insurance company is a hedge fund that KEEPS the investors money and KEEPS 100% of the profits.

Who owns the most Verizon stock?

Top 10 Owners of Verizon Communications Inc

Stockholder Stake Shares owned
The Vanguard Group, Inc. 7.38% 305,397,401
BlackRock Fund Advisors 4.73% 195,733,989
SSgA Funds Management, Inc. 3.96% 164,065,503
Berkshire Hathaway, Inc. (Investm… 3.84% 158,824,575

What price did Buffett buy VZ at?

According to a filing made public on Tuesday, Buffett’s Berkshire Hathaway bought almost 147 million shares of Verizon (worth $8 billion at current prices).

Does Warren Buffet own Verizon?

As a result, Verizon can make money through thick and thin. Warren Buffett’s company first revealed its stake in Verizon stock in February 2021, showing that it owned a whopping 146.7 million shares of Verizon as of December 31, 2020.