Warren Buffett’s New Investments & Full Berkshire Portfolio Scan

Hi,

In today’s post, I’ll discuss Buffett’s latest moves, which led me to analyze Berkshire Hathaway’s entire portfolio. I’ve identified 10 interesting stocks - two of them are here on TradingView, while the rest are available on my Substack (ENG) channel. You can find the link in my bio by clicking the Website icon or simply copy/pasting it.


First, the latest moves:

In Q4 2024, Warren Buffett, the legendary investor behind Berkshire Hathaway, made bold portfolio adjustments. His firm entered a new position in Constellation Brands (STZ), a leading beer and spirits maker, and increased stakes in Domino’s Pizza (DPZ), Pool Corp (POOL), Occidental Petroleum (OXY), and Sirius XM (SIRI). At the same time, Berkshire significantly reduced its holdings in Bank of America (BAC) and Citigroup (C), while exiting Ulta Beauty (ULTA) completely.

After aggressively trimming its Apple (AAPL) stake earlier in the year, Berkshire left its position unchanged in Q4.


New Investments and Increased Positions

+ Constellation Brands (STZ): New 1B investment in the beverage giant behind Corona and Modelo.

+ Domino's Pizza (DPZ): Nearly doubled its stake, adding 550M—betting on continued growth.

+ Pool Corporation (POOL): Increased holdings in this niche but promising leisure and home improvement play.

+ Occidental Petroleum (OXY): Expanded to 264.2M shares, maintaining a bullish oil and gas stance. A separate filing earlier this month revealed Buffett added more in February

+ Sirius XM Holdings (SIRI): Added 5M shares, bringing ownership to 35%, reinforcing confidence in media.


Reductions and Exits

- Bank of America (BAC): Cut stake by 15%, selling 95M shares, reducing ownership below 9%.

- Citigroup (C): Slashed holdings by 75%, offloading 40.6M shares worth 2.4B.

- Ulta Beauty (ULTA): Fully exited, reallocating capital elsewhere.



Technical breakdown

Considering Buffett’s latest portfolio moves, I decided to analyze all Berkshire Hathaway stocks from a technical perspective. While Buffett is known for his long-term fundamental approach, the key question is:
- Are there any technical setups that allow us to follow his investments?
- Do any of these stocks present strong breakout opportunities or key reversal points?

I reviewed the charts and found several interesting setups. Here are my findings.


1. Occidental Petroleum (OXY)

Sector: Energy – Oil & Gas Exploration and Production
Berkshire Hathaway’s Holding: 264.2 million shares (~27.2% ownership)
Portfolio Weight: Approximately $12.8 billion (4.7%)

Occidental Petroleum is a leading oil and gas producer, primarily operating in the U.S., Middle East, and Latin America. It also has a chemical division (OxyChem) and is investing in carbon capture technologies for sustainable energy.

From a technical perspective, I have been watching this stock for a long time, waiting for the right setup. I avoided recommending it in 2023–2024 due to a strong downtrend line that has consistently acted as resistance. This trendline has been a game changer in previous price movements, leading to repeated selling pressure.



Looking at the bigger picture, the liquidity grab in 2020 and the rally that followed signaled a potential shift in a trend. While breakouts from major downtrends take time, I focus on timing my entries as close to perfect as possible. We saw strong momentum in 2021 and 2022, followed by a current controlled pullback.

My key area remains between $40 and $50 - a historically significant level that aligns with the current price structure. Now that OXY is inside this zone, the technical conditions suggest a solid opportunity to follow one of Buffett’s latest moves.


2. Diageo plc (DEO)

Sector: Consumer Non-Durables – Alcoholic Beverages
Berkshire Hathaway’s Holding: 227,750 shares (~0.03% ownership)
Portfolio Weight: Approximately $24.5 million (~0.01% of the portfolio)

Diageo plc, a British multinational company, is a global leader in alcoholic beverages, boasting a diverse portfolio that includes renowned brands such as Johnnie Walker, Smirnoff, Baileys, and Guinness.

From a technical analysis standpoint, DEO has experienced a gradual decline of over 50% from its all-time high, positioning the stock inside my marked support zone between $90 and $110.

Key technical factors:
- Historical Support: around $90, which previously acted as a strong resistance and later served as minor support after the breakout.
- Liquidity Considerations: The area just below $100 can acted as a liquidity zone, potentially serving as a strong support level.
- Fibonacci Retracement: Applying the Fibonacci retracement from all-time lows to highs indicates that the 62% retracement level aligns within this zone, adding credence to its significance. I don’t use it as much as before since drawing from midpoints doesn’t provide a strong edge. However, when aligned with all-time lows or highs and matching my marked area, it becomes a solid factor in my criteria.



Given these technical indicators, the $90 to $110 range emerges as a potential reversal zone. Within this, the $90 to $100 segment appears particularly robust. Investors should monitor this area closely for signs of a trend reversal or consolidation, which could present a strategic entry point.

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These are just two of the 10 stocks I found interesting in Berkshire Hathaway’s portfolio. If you want to see the full breakdown and my take on the rest, head over to my Substack (ENG) channel.

You’ll find the link in my bio under the Website icon, or you can copy/paste it directly. See you there!


Cheers,
Vaido