Bulletin
Investor Alert

In One Chart Archives | Email alerts

March 28, 2020, 9:46 a.m. EDT

Getting crushed in this market? One look at Warren Buffett’s portfolio and you might feel a lot better about yours

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Berkshire Hathaway Inc. Cl A (BRK.A)
  • X
    Occidental Petroleum Corp. (OXY)
  • X
    Amazon.com Inc. (AMZN)

or Cancel Already have a watchlist? Log In

By Shawn Langlois, MarketWatch


Photo by Paul Morigi/Getty Images for Fortune/Time Inc
"Widespread fear is your friend" - famous "dip" buyer Warren Buffett

Warren Buffett said earlier this month that he hadn’t seen anything like the coronavirus pandemic. “If you stick around long enough, you’ll see everything in markets,” he told Yahoo Finance. “And it may have taken me to 89 years of age to throw this one into the experience.”

A couple of weeks later, and it’s only gotten more dire as infections mount around the world and the stock market continues to spin out of control in both directions.

So how is the Berkshire Hathaway /zigman2/quotes/208872451/composite BRK.A +0.58% boss holding up? Well, for starters, he’s sitting on a cash pile that has him prepared to pick up the pieces once this all blows over.

But, just like everybody else, his portfolio obviously hasn’t been immune to all this volatility. Just check out this most current list of his top holdings, courtesy of Bespoke Investment Group :

“While Buffett is well known for weathering the worst market downturns and coming out stronger, the last several weeks have been just as painful on his portfolio as it has on the broader market,” Bespoke explained in a post noting that the average stock in his top holdings is off 37%.

His hardest hit position is Occidental Petroleum /zigman2/quotes/207018272/composite OXY -5.06% , which has lost three-quarters of its value this year. On the flip side, Amazon /zigman2/quotes/210331248/composite AMZN +1.72% is his best performer, though neither of those stocks crack the top 20 in terms of his holdings, as of the end of last year.

As you can see, his biggest position, Apple /zigman2/quotes/202934861/composite AAPL -0.10% , takes up more than a third of his portfolio and has managed to navigate the nasty market better than most of the rest. But still, at the S&P 500’s /zigman2/quotes/210599714/realtime SPX +0.48% peak, Bespoke noted, Buffett’s massive Apple stake was worth almost $80 billion. Now, after the big downturn, it’s all the way down to $58 billion.

Most of his positions are likely enjoying upticks Wednesday, with the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.07% adding to its huge rally in the prior session with a 496-point jump. The S&P also closed higher while the Nasdaq /zigman2/quotes/210598365/realtime COMP +1.29% ended lower.

/zigman2/quotes/208872451/composite
US : U.S.: NYSE
$ 278,640
+1,605 +0.58%
Volume: 358.00
May 29, 2020 4:00p
P/E Ratio
46.57
Dividend Yield
N/A
Market Cap
$451.40 billion
Rev. per Employee
$637,113
loading...
/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 12.95
-0.69 -5.06%
Volume: 61.38M
May 29, 2020 3:59p
P/E Ratio
N/A
Dividend Yield
3.40%
Market Cap
$11.66 billion
Rev. per Employee
$1.60M
loading...
/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 2,442.37
+41.27 +1.72%
Volume: 3.53M
May 29, 2020 4:00p
P/E Ratio
116.67
Dividend Yield
N/A
Market Cap
$1218.20 billion
Rev. per Employee
$359,671
loading...
/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 317.94
-0.31 -0.10%
Volume: 38.40M
May 29, 2020 4:00p
P/E Ratio
24.92
Dividend Yield
1.03%
Market Cap
$1378.06 billion
Rev. per Employee
$1.98M
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.38B
May 29, 2020 5:14p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
25,383.11
-17.53 -0.07%
Volume: 545.14M
May 29, 2020 5:14p
loading...
/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
9,489.87
+120.88 +1.29%
Volume: 4.24M
May 29, 2020 5:16p
loading...

Shawn Langlois is an editor and writer for MarketWatch in Los Angeles. Follow him on Twitter @slangwise.

This Story has 0 Comments
Be the first to comment
More News In
Investing

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.