10 Stocks Warren Buffett Just Bought and Sold

Continuing on this theme for Presidents Day weekend, today I submit the list of the latest transactions from Berkshire Hathaway, a company with a mere $686 billion under management.  Do we think we can learn something from this guy?  

FEBRUARY 16, 2023 Invested Advice, rankings and stock market news for investors.

Good morning, investors. The Nasdaq rally continues, and video game maker Roblox is one reason why. Highlights of today's newsletter include our market insights plus these new articles: 10 Stocks Warren Buffett Just Bought and Sold 7 Best Dividend ETFs to Buy Now Should I Get A Financial Advisor? TODAY'S FEATURED STOCK STORY 10 Stocks Warren Buffett Just Bought and Sold What stocks has Warren Buffett bought and sold lately? Each quarter, all fund managers with at least $100 million in assets must publicly disclose their stock holdings to the U.S. Securities and Exchange Commission via form 13F, giving investors a rare peek behind the curtain of some of the world's largest and most successful hedge funds. One of the most anticipated quarterly filings comes from Buffett and his $686 billion company Berkshire Hathaway Inc. (ticker: BRK.A, BRK.B). Here's a look at 10 of the biggest changes the Oracle of Omaha made to Berkshire's portfolio in the fourth quarter: Sold: Taiwan Semiconductor Manufacturing Co. Ltd. (ticker: TSM). Perhaps the biggest surprise of Berkshire's 13F filing was semiconductor foundry Taiwan Semiconductor Manufacturing. In the third quarter, Buffett surprised Wall Street with a massive new $4.1 billion stake in TSM, making the stock one of Berkshire's 10 largest holdings. However, he reversed course just one quarter later, selling more than 51.7 million shares of TSM stock and reducing his stake in the company by about 86%. Something must have changed Buffett's mind about the stock, suggesting he may also soon sell Berkshire's remaining 8.2 million shares of TSM, worth about $617.7 million. Sold: U.S. Bancorp (USB). Buffett has a long history of big bets on bank stocks. In the first quarter of 2022, Berkshire sold off its last remaining shares of Wells Fargo & Co. (WFC) after more than 20 years of holding the stock, leaving U.S. Bancorp as Berkshire's longest-running bank stock holding. Buffett first invested in U.S. Bancorp back in 2006, but he trimmed his stake by 31% in the third quarter and another 91% in the fourth quarter. Berkshire now holds just 6.6 million shares of USB stock worth $290.9 million, and Buffett may completely exit the position in the first quarter. Click here to continue reading. Sold: Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) Sold: U.S. Bancorp (USB) Sold: Bank of New York Mellon Corp. (BK) Sold: Activision Blizzard Inc. (ATVI) Sold: Chevron Corp. (CVX) Sold: McKesson Corp. (MCK) Bought: Louisiana-Pacific Corp. (LPX) Bought: Apple Inc. (AAPL) Bought: Paramount Global (PARA) Sold: Ally Financial Inc. (ALLY)