Warren Buffet’s Portfolio 2021 Analysis (November 2021)
The month we have been eagerly awaiting has come again, and it relates to the release of 13F filings from institutional investors. In this article, we will go through the latest Warren Buffet’s Portfolio 2021.
Buffet distinguishes himself from other investors by its special investment strategy in which he picks only several companies for his portfolio. Hold these companies for the long term. And achieves a 20% annual return which is double the return of the SP500 index. Sounds easy. However, only Warren has managed to do something like this so far.
His management fund, Berkshire Hathaway is required to fill in the quarterly report (13F) because it has more than $100 million in assets under management. 13F discloses the fund’s equity holdings and can provide useful insights into what the smart money is doing in the market.
Current Warren Buffet Portfolio 2021 (as of 30.06.2021)
In the last 13F filling (as of June 2021), there aren’t any major changes, but let’s start with the top 10 positions of Warren Buffet and take a brief look at what has changed in his total portfolio.
Top 10 Holdings of Warren Buffet’s Portfolio 2021 Account for 88,5%
In the table and graph below, you can see an updated table of the top 10 positions of Warren Buffett.
| Stock | Value ($) | % of total portfolio | Shares | Price per share* |
| AppleInc. | 125,529,681,000 | 42.78 | 887,135,554 | 141.50 |
| BankofAmericaCorp. | 42,878,771,000 | 14.61 | 1,010,100,606 | 42.45 |
| AmericanExpress | 25,399,340,000 | 8.66 | 151,610,700 | 167.53 |
| CocaColaCo. | 20,988,000,000 | 7.15 | 400,000,000 | 52.47 |
| KraftHeinzCo. | 11,989,874,000 | 4.09 | 325,634,818 | 36.82 |
| Moody’sCorp. | 8,760,485,000 | 2.99 | 24,669,778 | 355.11 |
| VerizonCommunications | 8,578,115,000 | 2.92 | 158,824,575 | 54.01 |
| U.S.Bancorp | 7,514,279,000 | 2.56 | 126,417,887 | 59.44 |
| DaVitaHealthCarePartners | 4,196,471,000 | 1.43 | 36,095,570 | 116.26 |
| BankofNewYorkMellonCorp. | 3,751,012,000 | 1.28 | 72,357,453 | 51.84 |
Warren Buffett cash position September 2021
Warren Buffet Has Cash Pile of $140,7 Billion Dollars
Buffet still holds plenty of cash. According to the latest Berkshire Hathaway form 10-Q, it had $144.4 billion in cash. Of that, $65.1 billion in cash and cash equivalents and $79.2 billion in treasury bills. That is a lot of cash for such a massive holding company. Furthermore, Warren has increased his cash position in the last 9 months by an additional $9.4 billion or 6.9%.
| (in millions) | 30-Sep-21 | 30-Jun-21 | 31-Dec-21 |
| Cash and cash equivalents* | $65,156 | $38,924 | $44,714 |
| Short-term investments in U.S. Treasury Bills | $79,209 | $101,760 | $90,300 |
| Total | $144,365 | $140,684 | $135,014 |
*Includes U.S. Treasury Bills with maturities of three months or less when purchased of $37.9 billion at September 30, 2021 and $23.2 billion at December 31, 2020.
This points to the fact that Buffet is looking for favorable investment opportunities and has not found them at the moment.
As for the position in the shares. Buffet holds $308 billion in various stocks.
| (in millions) | 30-Sep-21 | 30-Jun-21 | 31-Dec-21 |
| Investments in equity securities | $310,739 | $307,942 | $281,170 |
This means that Buffet is not finding any good deals right now. It is certain that the ultra-low interest rate and the market, which is quite inflated, do not help. For a company like Berkshire Hathaway, it is especially difficult to find good deals given the size of the capital they need to invest.
Reduced Holdings of Buffet’s Portfolio in Q3 2021
In the table below you can see which positions Buffet reduced and what is an impact on the portfolio.
| Stock | Share change | % change of shares | % impact on portfolio |
| VisaInc. | -425,000 | -4.3% | 0.03 |
| MastercardInc. | -276,108 | -6.1% | 0.03 |
| Bristol Myers Squibb | -4,247,330 | -16.2% | 0.08 |
| CharterCommunications | -1,012,835 | -19.4% | 0.25 |
| AbbVieInc. | -6,129,373 | -29.9% | 0.23 |
| Marsh&McLennan | -1,454,937 | -34.7% | 0.07 |
| Merck&Co. | -9,157,192 | -100.0% | 0.24 |
| LibertyGlobalInc | -1,876,522 | -100.0% | 0.02 |
| Organon&Co. | -1,550,481 | -100.0% | 0.02 |
As I already mentioned, there were no major impacts on the portfolio, all the shares sold by the Buffet in total have an impact on the portfolio of just under 1%.
Added Holdings of Buffet’s Portfolio in Q3 2021
In the table below you can see which positions Buffet added and what is an impact on the portfolio.
| Chevron Corp. | 5,579,599 | 24.13% | 0.19 |
| Royalty Pharma plc | 13,145,902 | 100% | 0.16 |
| Floor & Decor Holdings | 816,863 | 100% | 0.03 |
Warren Buffet’s Japanese Portfolio is Doing Great
Warren Buffet also holds some Japanese stocks that are disclosed in Japan 5% Filing since last year (August 2020). Value of his stakes in five sogo shosha has risen by about ~$1.5 billion.
| Stock | Value ($) | % of total portfolio | Shares | Price per share ($) | Holdings date | Filing |
| Itochu Corp | 2,045,000,000 | 0.68% | 79,509,400 | 26 | 8/23/2020 | Japan 5% |
| Mitsubishi Corp | 1,776,900,000 | 0.59% | 74,887,500 | 24 | 8/23/2020 | Japan 5% |
| Mitsui & Co Ltd | 1,562,700,000 | 0.52% | 86,453,900 | 18 | 8/23/2020 | Japan 5% |
| Sumitomo Corp | 819,300,000 | 0.27% | 63,121,100 | 13 | 8/23/2020 | Japan 5% |
| Marubeni Corp | 530,800,000 | 0.18% | 87,877,700 | 6 | 8/23/2020 | Japan 5% |
Conclusion
There aren’t a lot of changes in the latest Warren Buffet’s Portfolio 2021. Warren Buffet is still very comfortable with his positions. However, given the slight decrease in shares and his holding in cash, it is certain that he is still waiting for good opportunities to buy.
