© Reuters. Want To Invest Like Warren Buffett? All The Moves The Billionaire Made Last Quarter
Benzinga – Billionaire investor Warren Buffett was a buyer of stocks to the tune of $9 billion last quarter, per a new regulatory filing from Berkshire Hathaway Inc (NYSE: BRK-A).
What To Know: According to a 13F filing with the SEC, Buffett added new positions in the third quarter while stocks were facing selling pressure amid continued inflation concerns.
The billionaire investor picked up new positions in Taiwan Semiconductor Manufacturing Co. (NYSE: TSM), Louisiana-Pacific Corp (NYSE: LPX) and Jefferies Financial Group Inc (NYSE: JEF).
Taiwan Semiconductor was by far Buffett’s biggest move. He purchased approximately 60 million shares of the chip company last quarter. Buffett added 5.8 million shares of Louisiana-Pacific and more than 400,000 shares of Jefferies Financial.
Related Link: Warren Buffett’s Berkshire Q3 Operating Earnings Climb 20% Year-Over-Year But Slip 16% From Q2
Buffett also increased existing positions in Occidental Petroleum Corporation (NYSE: OXY), Paramount Global (NASDAQ: PARA), Chevron Corporation (NYSE: CVX), Celanese Corporation (NYSE: CE) and RH (NYSE: RH).
The billionaire investor wasn’t just a buyer last quarter. He also completely cut Store Capital Corp (NYSE: STOR) from his portfolio and trimmed back positions in Activision Blizzard Inc (NASDAQ: ATVI), Kroger Co (NYSE: KR), Bank Of New York Mellon Corp (NYSE: BK) and U.S. Bancorp (NYSE: USB).
Apple Inc (NASDAQ: AAPL) remained Berkshire’s largest position by far.
Several of the aforementioned names are moving on the back of Berkshire’s regulatory filing. Buffett is widely considered to be the world’s greatest value investor of all time.
Originally published on Nov. 14, 2022
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