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06-08

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Warren Buffett’s 2025 Portfolio: A Defensive Giant Balancing Legacy Bets with Strategic Discipline

02-11

Hi. Just a quick check. Do we need to close an expired option manually ? Or it will close automatically in tiger broker?

2023-08-15

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@SGX_Stars:Weekly Inflows and Outflows: DBS, UOB, Singtel, OCBC, The Hour Glass & Fortress Minerals

2023-08-15

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@MaverickWealthBuilder:MSCI Rebalance, Tencent to be the biggest winner?

2023-08-15

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@0QH:Why Selling Put Options on Tapestry Might be a Smart Move [Earnings Season]

2023-08-15

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@0QH:Why Selling Put Options on Tapestry Might be a Smart Move [Earnings Season]

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WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/443900614558504","repostId":"2541297888","repostType":2,"repost":{"id":"2541297888","kind":"highlight","weMediaInfo":{"introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"media_name":"TradingKey","id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"pubTimestamp":1749174177,"share":"https://ttm.financial/m/news/2541297888?lang=&edition=fundamental","pubTime":"2025-06-06 09:42","market":"hk","language":"en","title":"Warren Buffett’s 2025 Portfolio: A Defensive Giant Balancing Legacy Bets with Strategic Discipline","url":"https://stock-news.laohu8.com/highlight/detail?id=2541297888","media":"TradingKey","summary":"TradingKey - As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped..","content":"<html><body><p dir=\"ltr\"><span>TradingKey - </span><i><em>As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped by rising rates, sector rotations, and valuation discipline.</em></i></p><h2 dir=\"ltr\"><span>An Under Pressure Legacy Portfolio</span></h2><p dir=\"ltr\"><span>Buffett's biggest position is still Apple (AAPL), holding 25.76% of the portfolio or $66.6 billion. Cracks are appearing, though. Apple fell 12.45% YTD, lagging the wider market following iPhone selling declines and regulatory threats. Berkshire has not reduced its holding, but the size of this holding is becoming a double-edged sword, still cash-generating, but less of a growth vehicle than it was in previous years.</span></p><p dir=\"ltr\"><span>Buffett's relative underperformance serves to reinforce the overall theme of 2025: resilience rather than reinvention. Other funds are moving toward AI companies and turnarounds, but Berkshire is embracing stability instead. Trade-offs, however, accompany this approach. Concentration within the portfolio has picked up, and the diminishing weight of Apple has pulled down aggregate performance.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/05f20e8ad1a44ff7a8b3f73a33ab39021 (5).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>American Express, Coca-Cola, and the Moat Mentality</span></h2><p dir=\"ltr\"><span>Two of Buffett's most famous holdings, American Express (AXP) and Coca-Cola (KO), are worth 15.77% and 11.07% of the portfolio, respectively. Both are showing once more why Buffett values moats and brand strength. American Express has had modest appreciation in price and sticky consumer outlays, keeping Buffett safe during the tech downtrend. Coca-Cola, meanwhile, is 6.87% higher YTD, thanks to global reopening patterns and inflationary environment pricing power.</span></p><p dir=\"ltr\"><span>Legacy bets are ballast in uncertain times. But they are also reflective of a larger Berkshire maxim: bet on what you know, stay in patiently, and earn dividends along the way. It’s not one which gets the AI-starved investor’s pulse racing, but it’s one which works notwithstanding.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/69f8c180d2994329b005b8e3bd4c79d12 (4).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Energy Bets: A Contrarian View Under Siege</span></h2><p dir=\"ltr\"><span>One of Buffett's energy stocks, Chevron (CVX), and Occidental Petroleum (OXY) have fallen in 2025 by 12.25% and 14.15%, respectively. Together, they constitute almost $33 billion of the portfolio, with Occidental accounting for as much as 26.9% of company ownership alone. Whereas oil prices have stabilized, the larger ESG theme plus diminishing upstream margins are being felt.</span></p><p dir=\"ltr\"><span>Berkshire's argument, that fossil fuels are still needed, particularly in underinvested production basins, is unscathed. But the market is not yet rewarding patience. Berkshire added modestly to its stake in Q1 (+763K shares), which demonstrated ongoing faith, but this wager is being tested more than others.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/0a44bfe1afee442fa22e32b9af5af8443 (5).png\" width=\"inherit\"/></p><h3 dir=\"ltr\"><b><strong>Financials: Subdued Cuts and Defensive Posture</strong></b></h3><p dir=\"ltr\"><span>Berkshire cut its holding in Bank of America (BAC) by 7.15% during Q1 2025, lowering exposure to the holding which is now worth $26.4 billion, or 10.19% of the portfolio. The bank's slight YTD loss (-0.45%) is in line with sector-wide pressures ranging from rising funding to sluggish loan expansion.</span></p><p dir=\"ltr\"><span>Moody’s (MCO) is, though, left unscathed and unchanged at 4.44% of the portfolio. </span><span>The rating agency business offers recurring cash flows, which are attractive to Buffett’s preference for capital-light enterprises. Mid-tier holdings are rounded out by Chubb Ltd (CB) at 3.16% and DaVita (DVA) at 2.08%. Of note is that DaVita was reduced several times during Q1 and May 2025, likely due to compressed margins and reimbursement risk. The gradual trimming reflects Buffett aggressively eliminating underperformers, although he’s not aggressively making new bets. </span></p><h2 dir=\"ltr\"><span>Turnover Relates to Your Business Story </span></h2><p dir=\"ltr\"><span>Though Q1 had no new buys, Berkshire's turnover history needs to be read between the lines. The collective amount of the fund has declined to $258.7 billion from the levels of $351.9 billion in late 2023, down by almost $93 billion over five quarters. The reason was not aggressive selling, but rather the interplay of mark-to-market losses combined with disciplined trimming. Turnover is still very-low at 1%, sustaining Buffett’s risk-averse image. With this complacency, though, comes reduced exposure to emerging trends like AI, cloud infrastructure, and semiconductors. With Nvidia becoming the new Apple, Berkshire’s aversion to risk can be seen as increasingly dated to newer generations of investors who crave the latest innovation. </span></p><h2 dir=\"ltr\"><span>Strategic Additions: A Few, but Notable </span></h2><p dir=\"ltr\"><span>There are some repositioning signs to be seen. Notable additions are: Constellation Brands (STZ): A significant leap (+113%) to 12M shares evidencing added investment in premium beverage plays. Both Domino's Pizza (DPZ) and Pool Corp (POOL) moved higher, signs of selective consumer-facing exposure in scalable, asset-light business models. Sirius XM (SIRI) and Heico Corp (HEI.A) added pretty modestly, small plays, perhaps, but could be testing grounds for broader conviction. These do not amount to much in dollar terms but are worth noting. Buffett can selectively be experimenting with newer ideas without rocking the core. </span></p><h2 dir=\"ltr\"><span>Risk Factors: Concentration, Succession, and Business Cycles </span></h2><p dir=\"ltr\"><span>Concentration risk becomes apparent here. Near enough to 53% of Berkshire's investment holdings reside in only three holdings: Apple, American Express, and Coca-Cola. That gives it stability, but also vulnerability should one of them decline (like Apple now). There is still succession uncertainty. Even though Greg Abel is widely being considered to succeed, institutional investors are not certain as to whether the investment style's continuity after Buffet is secured. Will the next generation be as conservative as Buffett, or transition more aggressively? Long at last, market cycle sensitivity has returned.</span></p><p dir=\"ltr\"><span>Berkshire's excess exposure to consumer, energy, and finance makes it more defensive but less responsive to secular trends dominant in the market presently, such as green energy, cloud computing, and artificial intelligence </span></p><h2 dir=\"ltr\"><span>Performance versus the S&amp;P 500: A Mixed Bag </span></h2><p dir=\"ltr\"><span>Berkshire has posted decent returns in recent times, 25.5% in 2024 versus 23.3% for the S&amp;P 500. Its long-term performance, however, has been less stellar in recent tech-fueled bull cycles. It returned 15.8% in 2023, behind the 24.2% gain of the S&amp;P. It lagged by over 13 and 17 percentage points in 2020 and 2019, respectively. </span></p><p dir=\"ltr\"><span>However, its ability to thrive in down years (i.e., 2022: +4% vs. S&amp;P -19.4%) is one of its long-term attractions. Berkshire won't always be first in bull periods, but it generally doesn't lose the bear wars. </span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/4c49cd984a0c43cdb1d187762a92a4b74.png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Final Reflections</span></h2><p dir=\"ltr\"><span>Warren Buffett's portfolio in 2025 demonstrates staying power, discipline, and conviction, mixed with restraint in a fast-moving market. His core holdings continue to generate consistent cash flows, though without the buzz around newer, AI-touted stocks. Buffett's critics may see the portfolio trailing innovation in this age. His supporters, however, will argue it's a masterwork of stability, precisely appropriate for unstable times. Either, it's a functioning case study in long-term investing, a reflection of the man who made it. The message is one which is clear to long-term investors and allocators: compounding is strongest when it is accompanied with patience, and, at times, avoiding the hot hand can be the most aggressive step of them all.</span></p><p>Find out more</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett’s 2025 Portfolio: A Defensive Giant Balancing Legacy Bets with Strategic Discipline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett’s 2025 Portfolio: A Defensive Giant Balancing Legacy Bets with Strategic Discipline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2025-06-06 09:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><span>TradingKey - </span><i><em>As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped by rising rates, sector rotations, and valuation discipline.</em></i></p><h2 dir=\"ltr\"><span>An Under Pressure Legacy Portfolio</span></h2><p dir=\"ltr\"><span>Buffett's biggest position is still Apple (AAPL), holding 25.76% of the portfolio or $66.6 billion. Cracks are appearing, though. Apple fell 12.45% YTD, lagging the wider market following iPhone selling declines and regulatory threats. Berkshire has not reduced its holding, but the size of this holding is becoming a double-edged sword, still cash-generating, but less of a growth vehicle than it was in previous years.</span></p><p dir=\"ltr\"><span>Buffett's relative underperformance serves to reinforce the overall theme of 2025: resilience rather than reinvention. Other funds are moving toward AI companies and turnarounds, but Berkshire is embracing stability instead. Trade-offs, however, accompany this approach. Concentration within the portfolio has picked up, and the diminishing weight of Apple has pulled down aggregate performance.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/05f20e8ad1a44ff7a8b3f73a33ab39021 (5).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>American Express, Coca-Cola, and the Moat Mentality</span></h2><p dir=\"ltr\"><span>Two of Buffett's most famous holdings, American Express (AXP) and Coca-Cola (KO), are worth 15.77% and 11.07% of the portfolio, respectively. Both are showing once more why Buffett values moats and brand strength. American Express has had modest appreciation in price and sticky consumer outlays, keeping Buffett safe during the tech downtrend. Coca-Cola, meanwhile, is 6.87% higher YTD, thanks to global reopening patterns and inflationary environment pricing power.</span></p><p dir=\"ltr\"><span>Legacy bets are ballast in uncertain times. But they are also reflective of a larger Berkshire maxim: bet on what you know, stay in patiently, and earn dividends along the way. It’s not one which gets the AI-starved investor’s pulse racing, but it’s one which works notwithstanding.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/69f8c180d2994329b005b8e3bd4c79d12 (4).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Energy Bets: A Contrarian View Under Siege</span></h2><p dir=\"ltr\"><span>One of Buffett's energy stocks, Chevron (CVX), and Occidental Petroleum (OXY) have fallen in 2025 by 12.25% and 14.15%, respectively. Together, they constitute almost $33 billion of the portfolio, with Occidental accounting for as much as 26.9% of company ownership alone. Whereas oil prices have stabilized, the larger ESG theme plus diminishing upstream margins are being felt.</span></p><p dir=\"ltr\"><span>Berkshire's argument, that fossil fuels are still needed, particularly in underinvested production basins, is unscathed. But the market is not yet rewarding patience. Berkshire added modestly to its stake in Q1 (+763K shares), which demonstrated ongoing faith, but this wager is being tested more than others.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/0a44bfe1afee442fa22e32b9af5af8443 (5).png\" width=\"inherit\"/></p><h3 dir=\"ltr\"><b><strong>Financials: Subdued Cuts and Defensive Posture</strong></b></h3><p dir=\"ltr\"><span>Berkshire cut its holding in Bank of America (BAC) by 7.15% during Q1 2025, lowering exposure to the holding which is now worth $26.4 billion, or 10.19% of the portfolio. The bank's slight YTD loss (-0.45%) is in line with sector-wide pressures ranging from rising funding to sluggish loan expansion.</span></p><p dir=\"ltr\"><span>Moody’s (MCO) is, though, left unscathed and unchanged at 4.44% of the portfolio. </span><span>The rating agency business offers recurring cash flows, which are attractive to Buffett’s preference for capital-light enterprises. Mid-tier holdings are rounded out by Chubb Ltd (CB) at 3.16% and DaVita (DVA) at 2.08%. Of note is that DaVita was reduced several times during Q1 and May 2025, likely due to compressed margins and reimbursement risk. The gradual trimming reflects Buffett aggressively eliminating underperformers, although he’s not aggressively making new bets. </span></p><h2 dir=\"ltr\"><span>Turnover Relates to Your Business Story </span></h2><p dir=\"ltr\"><span>Though Q1 had no new buys, Berkshire's turnover history needs to be read between the lines. The collective amount of the fund has declined to $258.7 billion from the levels of $351.9 billion in late 2023, down by almost $93 billion over five quarters. The reason was not aggressive selling, but rather the interplay of mark-to-market losses combined with disciplined trimming. Turnover is still very-low at 1%, sustaining Buffett’s risk-averse image. With this complacency, though, comes reduced exposure to emerging trends like AI, cloud infrastructure, and semiconductors. With Nvidia becoming the new Apple, Berkshire’s aversion to risk can be seen as increasingly dated to newer generations of investors who crave the latest innovation. </span></p><h2 dir=\"ltr\"><span>Strategic Additions: A Few, but Notable </span></h2><p dir=\"ltr\"><span>There are some repositioning signs to be seen. Notable additions are: Constellation Brands (STZ): A significant leap (+113%) to 12M shares evidencing added investment in premium beverage plays. Both Domino's Pizza (DPZ) and Pool Corp (POOL) moved higher, signs of selective consumer-facing exposure in scalable, asset-light business models. Sirius XM (SIRI) and Heico Corp (HEI.A) added pretty modestly, small plays, perhaps, but could be testing grounds for broader conviction. These do not amount to much in dollar terms but are worth noting. Buffett can selectively be experimenting with newer ideas without rocking the core. </span></p><h2 dir=\"ltr\"><span>Risk Factors: Concentration, Succession, and Business Cycles </span></h2><p dir=\"ltr\"><span>Concentration risk becomes apparent here. Near enough to 53% of Berkshire's investment holdings reside in only three holdings: Apple, American Express, and Coca-Cola. That gives it stability, but also vulnerability should one of them decline (like Apple now). There is still succession uncertainty. Even though Greg Abel is widely being considered to succeed, institutional investors are not certain as to whether the investment style's continuity after Buffet is secured. Will the next generation be as conservative as Buffett, or transition more aggressively? Long at last, market cycle sensitivity has returned.</span></p><p dir=\"ltr\"><span>Berkshire's excess exposure to consumer, energy, and finance makes it more defensive but less responsive to secular trends dominant in the market presently, such as green energy, cloud computing, and artificial intelligence </span></p><h2 dir=\"ltr\"><span>Performance versus the S&amp;P 500: A Mixed Bag </span></h2><p dir=\"ltr\"><span>Berkshire has posted decent returns in recent times, 25.5% in 2024 versus 23.3% for the S&amp;P 500. Its long-term performance, however, has been less stellar in recent tech-fueled bull cycles. It returned 15.8% in 2023, behind the 24.2% gain of the S&amp;P. It lagged by over 13 and 17 percentage points in 2020 and 2019, respectively. </span></p><p dir=\"ltr\"><span>However, its ability to thrive in down years (i.e., 2022: +4% vs. S&amp;P -19.4%) is one of its long-term attractions. Berkshire won't always be first in bull periods, but it generally doesn't lose the bear wars. </span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/4c49cd984a0c43cdb1d187762a92a4b74.png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Final Reflections</span></h2><p dir=\"ltr\"><span>Warren Buffett's portfolio in 2025 demonstrates staying power, discipline, and conviction, mixed with restraint in a fast-moving market. His core holdings continue to generate consistent cash flows, though without the buzz around newer, AI-touted stocks. Buffett's critics may see the portfolio trailing innovation in this age. His supporters, however, will argue it's a masterwork of stability, precisely appropriate for unstable times. Either, it's a functioning case study in long-term investing, a reflection of the man who made it. The message is one which is clear to long-term investors and allocators: compounding is strongest when it is accompanied with patience, and, at times, avoiding the hot hand can be the most aggressive step of them all.</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20240422/2236719b299ffdba16b8556127f5537b.jpg","relate_stocks":{"LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","CVX":"雪佛龙","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","AXP.AU":"AXP Energy Ltd","DVA":"达维塔保健","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1046421795.USD":"富达环球科技A-ACC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4209":"餐馆","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","MCO.AU":"MyEco Group Ltd","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","SG9999001077.SGD":"United International Growth Fund SGD","BK4550":"红杉资本持仓","MCO":"穆迪","POOL":"Pool Corporation","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","OXY":"西方石油","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","BAC":"美国银行","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","SIRI":"Sirius XM Holdings Inc.","AXP":"美国运通","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4570":"地缘局势概念股","BK4527":"明星科技股","AAPL":"苹果","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","STZ":"星座品牌","KO":"可口可乐","SG9999002224.SGD":"Allianz Global High Payout SGD","BRK.A":"伯克希尔","CB":"安达保险","BK4571":"数字音乐概念","BRK.B":"伯克希尔B","HEI.A":"海科航空","BK4534":"瑞士信贷持仓","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU1206712785.SGD":"Aviva Investors - Multi-Strategy Target Return Ah SGD","MACW.SI":"APPLE 3xLongSG261006","DPZ":"达美乐比萨","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H"},"source_url":"https://www.tradingkey.com/analysis/economic/more/250762884-warren-buffett-2025-portfolio-tradingkey-yiannis-zourmpanos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2541297888","content_text":"TradingKey - As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped by rising rates, sector rotations, and valuation discipline.An Under Pressure Legacy PortfolioBuffett's biggest position is still Apple (AAPL), holding 25.76% of the portfolio or $66.6 billion. Cracks are appearing, though. Apple fell 12.45% YTD, lagging the wider market following iPhone selling declines and regulatory threats. Berkshire has not reduced its holding, but the size of this holding is becoming a double-edged sword, still cash-generating, but less of a growth vehicle than it was in previous years.Buffett's relative underperformance serves to reinforce the overall theme of 2025: resilience rather than reinvention. Other funds are moving toward AI companies and turnarounds, but Berkshire is embracing stability instead. Trade-offs, however, accompany this approach. Concentration within the portfolio has picked up, and the diminishing weight of Apple has pulled down aggregate performance.American Express, Coca-Cola, and the Moat MentalityTwo of Buffett's most famous holdings, American Express (AXP) and Coca-Cola (KO), are worth 15.77% and 11.07% of the portfolio, respectively. Both are showing once more why Buffett values moats and brand strength. American Express has had modest appreciation in price and sticky consumer outlays, keeping Buffett safe during the tech downtrend. Coca-Cola, meanwhile, is 6.87% higher YTD, thanks to global reopening patterns and inflationary environment pricing power.Legacy bets are ballast in uncertain times. But they are also reflective of a larger Berkshire maxim: bet on what you know, stay in patiently, and earn dividends along the way. It’s not one which gets the AI-starved investor’s pulse racing, but it’s one which works notwithstanding.Energy Bets: A Contrarian View Under SiegeOne of Buffett's energy stocks, Chevron (CVX), and Occidental Petroleum (OXY) have fallen in 2025 by 12.25% and 14.15%, respectively. Together, they constitute almost $33 billion of the portfolio, with Occidental accounting for as much as 26.9% of company ownership alone. Whereas oil prices have stabilized, the larger ESG theme plus diminishing upstream margins are being felt.Berkshire's argument, that fossil fuels are still needed, particularly in underinvested production basins, is unscathed. But the market is not yet rewarding patience. Berkshire added modestly to its stake in Q1 (+763K shares), which demonstrated ongoing faith, but this wager is being tested more than others.Financials: Subdued Cuts and Defensive PostureBerkshire cut its holding in Bank of America (BAC) by 7.15% during Q1 2025, lowering exposure to the holding which is now worth $26.4 billion, or 10.19% of the portfolio. The bank's slight YTD loss (-0.45%) is in line with sector-wide pressures ranging from rising funding to sluggish loan expansion.Moody’s (MCO) is, though, left unscathed and unchanged at 4.44% of the portfolio. The rating agency business offers recurring cash flows, which are attractive to Buffett’s preference for capital-light enterprises. Mid-tier holdings are rounded out by Chubb Ltd (CB) at 3.16% and DaVita (DVA) at 2.08%. Of note is that DaVita was reduced several times during Q1 and May 2025, likely due to compressed margins and reimbursement risk. The gradual trimming reflects Buffett aggressively eliminating underperformers, although he’s not aggressively making new bets. Turnover Relates to Your Business Story Though Q1 had no new buys, Berkshire's turnover history needs to be read between the lines. The collective amount of the fund has declined to $258.7 billion from the levels of $351.9 billion in late 2023, down by almost $93 billion over five quarters. The reason was not aggressive selling, but rather the interplay of mark-to-market losses combined with disciplined trimming. Turnover is still very-low at 1%, sustaining Buffett’s risk-averse image. With this complacency, though, comes reduced exposure to emerging trends like AI, cloud infrastructure, and semiconductors. With Nvidia becoming the new Apple, Berkshire’s aversion to risk can be seen as increasingly dated to newer generations of investors who crave the latest innovation. Strategic Additions: A Few, but Notable There are some repositioning signs to be seen. Notable additions are: Constellation Brands (STZ): A significant leap (+113%) to 12M shares evidencing added investment in premium beverage plays. Both Domino's Pizza (DPZ) and Pool Corp (POOL) moved higher, signs of selective consumer-facing exposure in scalable, asset-light business models. Sirius XM (SIRI) and Heico Corp (HEI.A) added pretty modestly, small plays, perhaps, but could be testing grounds for broader conviction. These do not amount to much in dollar terms but are worth noting. Buffett can selectively be experimenting with newer ideas without rocking the core. Risk Factors: Concentration, Succession, and Business Cycles Concentration risk becomes apparent here. Near enough to 53% of Berkshire's investment holdings reside in only three holdings: Apple, American Express, and Coca-Cola. That gives it stability, but also vulnerability should one of them decline (like Apple now). There is still succession uncertainty. Even though Greg Abel is widely being considered to succeed, institutional investors are not certain as to whether the investment style's continuity after Buffet is secured. Will the next generation be as conservative as Buffett, or transition more aggressively? Long at last, market cycle sensitivity has returned.Berkshire's excess exposure to consumer, energy, and finance makes it more defensive but less responsive to secular trends dominant in the market presently, such as green energy, cloud computing, and artificial intelligence Performance versus the S&P 500: A Mixed Bag Berkshire has posted decent returns in recent times, 25.5% in 2024 versus 23.3% for the S&P 500. Its long-term performance, however, has been less stellar in recent tech-fueled bull cycles. It returned 15.8% in 2023, behind the 24.2% gain of the S&P. It lagged by over 13 and 17 percentage points in 2020 and 2019, respectively. However, its ability to thrive in down years (i.e., 2022: +4% vs. S&P -19.4%) is one of its long-term attractions. Berkshire won't always be first in bull periods, but it generally doesn't lose the bear wars. Final ReflectionsWarren Buffett's portfolio in 2025 demonstrates staying power, discipline, and conviction, mixed with restraint in a fast-moving market. His core holdings continue to generate consistent cash flows, though without the buzz around newer, AI-touted stocks. Buffett's critics may see the portfolio trailing innovation in this age. His supporters, however, will argue it's a masterwork of stability, precisely appropriate for unstable times. Either, it's a functioning case study in long-term investing, a reflection of the man who made it. The message is one which is clear to long-term investors and allocators: compounding is strongest when it is accompanied with patience, and, at times, avoiding the hot hand can be the most aggressive step of them all.Find out more","news_type":1,"symbols_score_info":{"MCO":1,"KO":1,"HEI.A":1,"SIRI":1,"MACW.SI":0.6,"POOL":1,"STZ":1,"AXP":1,"BRK.B":1,"DVA":1,"BAC":1,"DPZ":1,"BRK.A":0.9,"CVX":1,"AAPL":1,"AXP.AU":1,"CB":1,"MCO.AU":1,"OXY":1}},"isVote":1,"tweetType":1,"viewCount":1320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":402414983307464,"gmtCreate":1739273439604,"gmtModify":1739273442808,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Hi. Just a quick check. Do we need to close an&nbsp;expired option manually&nbsp;? Or it will close automatically in tiger broker?&nbsp;","listText":"Hi. Just a quick check. Do we need to close an&nbsp;expired option manually&nbsp;? Or it will close automatically in tiger broker?&nbsp;","text":"Hi. Just a quick check. Do we need to close an expired option manually ? Or it will close automatically in tiger broker?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/402414983307464","isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209202974433392,"gmtCreate":1692098909905,"gmtModify":1692099272812,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209202974433392","repostId":"208726374035472","repostType":1,"repost":{"id":208726374035472,"gmtCreate":1691986656470,"gmtModify":1703547795938,"author":{"id":"3527667673047996","authorId":"3527667673047996","name":"SGX_Stars","avatar":"https://community-static.tradeup.com/news/e25c0d30145226f3d840902eeabbadbb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667673047996","authorIdStr":"3527667673047996"},"themes":[],"title":"Weekly Inflows and Outflows: DBS, UOB, Singtel, OCBC, The Hour Glass & Fortress Minerals","htmlText":"Institutions were net buyers of Singapore stocks over the four trading sessions through to Aug 10, with S$136 million of net institutional inflow, with eight primary-listed companies conducting buybacks with a total consideration of S$7.7 million.DBS <a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a> ,&nbsp;UOB <a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$</a>,&nbsp;Singtel <a href=\"https://ttm.financial/S/Z74.SI\">$SINGTEL(Z74.SI)$</a> ,&nbsp;Yangzijiang Shipbuilding <a href=\"https://ttm.financial/S/BS6.SI\">$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$</a> and&nbsp;OCBC <a href=\"https://ttm.financial/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a> led the net institutional inflow over the four sessions, while&nbsp;Venture Corpora","listText":"Institutions were net buyers of Singapore stocks over the four trading sessions through to Aug 10, with S$136 million of net institutional inflow, with eight primary-listed companies conducting buybacks with a total consideration of S$7.7 million.DBS <a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a> ,&nbsp;UOB <a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$</a>,&nbsp;Singtel <a href=\"https://ttm.financial/S/Z74.SI\">$SINGTEL(Z74.SI)$</a> ,&nbsp;Yangzijiang Shipbuilding <a href=\"https://ttm.financial/S/BS6.SI\">$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$</a> and&nbsp;OCBC <a href=\"https://ttm.financial/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a> led the net institutional inflow over the four sessions, while&nbsp;Venture Corpora","text":"Institutions were net buyers of Singapore stocks over the four trading sessions through to Aug 10, with S$136 million of net institutional inflow, with eight primary-listed companies conducting buybacks with a total consideration of S$7.7 million.DBS $DBS GROUP HOLDINGS LTD(D05.SI)$ , UOB $UNITED OVERSEAS BANK LIMITED(U11.SI)$, Singtel $SINGTEL(Z74.SI)$ , Yangzijiang Shipbuilding $YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$ and OCBC $OVERSEA-CHINESE BANKING CORP(O39.SI)$ led the net institutional inflow over the four sessions, while Venture Corpora","images":[{"img":"https://community-static.tradeup.com/news/b03e129eb55902fee6738eba8ee9f6cf","width":"835","height":"429"},{"img":"https://community-static.tradeup.com/news/acc297b48bd311e5ca6f4f9031da94da","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/47395b9d2a3a45a4ceaffdcd5acb9f96","width":"560","height":"240"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208726374035472","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209203452751960,"gmtCreate":1692098895095,"gmtModify":1692099275475,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209203452751960","repostId":"208808568881184","repostType":1,"repost":{"id":208808568881184,"gmtCreate":1692006788045,"gmtModify":1692006825475,"author":{"id":"4102740236684050","authorId":"4102740236684050","name":"MaverickWealthBuilder","avatar":"https://community-static.tradeup.com/news/bbf0f514b8e5abb92266789b89f6e1e6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102740236684050","authorIdStr":"4102740236684050"},"themes":[],"title":"MSCI Rebalance, Tencent to be the biggest winner?","htmlText":"Last week, MSCI announced the results of the August quarterly index review for all indices. The adjustments to the MSCI China Index include the addition of 29 new stocks and the removal of 19 stocks. Changes in the Hong Kong stock segment are as follows: Constituents- Added 1 stock: <a href=\"https://ttm.financial/S/03808\">$SINOTRUK(03808)$</a> - Removed 5 stocks: <a href=\"https://ttm.financial/S/03759\">$PHARMARON(03759)$</a> <a href=\"https://ttm.financial/S/03347\">$TIGERMED(03347)$</a> , <a href=\"https://ttm.financial/S/01385\">$SHANGHAI FUDAN(01385)$</a> , <a href=\"https://ttm.financial/S/02869\">$GREENTOWN SER(02869)$</a> and <a href=\"https://ttm.financial/S/02128\">$CHINA LESSO(02128)$</a> .WeightsThe total number of constituents after the adjustments has risen to 766, including 556 A-shar","listText":"Last week, MSCI announced the results of the August quarterly index review for all indices. The adjustments to the MSCI China Index include the addition of 29 new stocks and the removal of 19 stocks. Changes in the Hong Kong stock segment are as follows: Constituents- Added 1 stock: <a href=\"https://ttm.financial/S/03808\">$SINOTRUK(03808)$</a> - Removed 5 stocks: <a href=\"https://ttm.financial/S/03759\">$PHARMARON(03759)$</a> <a href=\"https://ttm.financial/S/03347\">$TIGERMED(03347)$</a> , <a href=\"https://ttm.financial/S/01385\">$SHANGHAI FUDAN(01385)$</a> , <a href=\"https://ttm.financial/S/02869\">$GREENTOWN SER(02869)$</a> and <a href=\"https://ttm.financial/S/02128\">$CHINA LESSO(02128)$</a> .WeightsThe total number of constituents after the adjustments has risen to 766, including 556 A-shar","text":"Last week, MSCI announced the results of the August quarterly index review for all indices. The adjustments to the MSCI China Index include the addition of 29 new stocks and the removal of 19 stocks. Changes in the Hong Kong stock segment are as follows: Constituents- Added 1 stock: $SINOTRUK(03808)$ - Removed 5 stocks: $PHARMARON(03759)$ $TIGERMED(03347)$ , $SHANGHAI FUDAN(01385)$ , $GREENTOWN SER(02869)$ and $CHINA LESSO(02128)$ .WeightsThe total number of constituents after the adjustments has risen to 766, including 556 A-shar","images":[{"img":"https://static.tigerbbs.com/ec6261b29cd8cefd02e513fd2197c5f6","width":"1461","height":"815"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208808568881184","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2054,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209203398942856,"gmtCreate":1692098883385,"gmtModify":1692099272759,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209203398942856","repostId":"208499191500976","repostType":1,"repost":{"id":208499191500976,"gmtCreate":1691927114043,"gmtModify":1691927287036,"author":{"id":"4098946491644790","authorId":"4098946491644790","name":"0QH","avatar":"https://community-static.tradeup.com/news/206a0719b8841030e1fd2bd6256fd46e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098946491644790","authorIdStr":"4098946491644790"},"themes":[],"title":"Why Selling Put Options on Tapestry Might be a Smart Move [Earnings Season]","htmlText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","listText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","text":"Introduction: In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on $Tapestry Inc.(TPR)$. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","images":[{"img":"https://community-static.tradeup.com/news/18e6691a8853ddaece69300d2e9539ef","width":"391","height":"253"},{"img":"https://community-static.tradeup.com/news/5d034d021b16cbf7741f7cda58f96594","width":"1597","height":"963"},{"img":"https://community-static.tradeup.com/news/a9bb06d206aadeacdf550ffa1ce96389","width":"1602","height":"978"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208499191500976","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209202860642416,"gmtCreate":1692098882124,"gmtModify":1692099272752,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209202860642416","repostId":"208499191500976","repostType":1,"repost":{"id":208499191500976,"gmtCreate":1691927114043,"gmtModify":1691927287036,"author":{"id":"4098946491644790","authorId":"4098946491644790","name":"0QH","avatar":"https://community-static.tradeup.com/news/206a0719b8841030e1fd2bd6256fd46e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098946491644790","authorIdStr":"4098946491644790"},"themes":[],"title":"Why Selling Put Options on Tapestry Might be a Smart Move [Earnings Season]","htmlText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","listText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","text":"Introduction: In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on $Tapestry Inc.(TPR)$. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","images":[{"img":"https://community-static.tradeup.com/news/18e6691a8853ddaece69300d2e9539ef","width":"391","height":"253"},{"img":"https://community-static.tradeup.com/news/5d034d021b16cbf7741f7cda58f96594","width":"1597","height":"963"},{"img":"https://community-static.tradeup.com/news/a9bb06d206aadeacdf550ffa1ce96389","width":"1602","height":"978"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208499191500976","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":209202974433392,"gmtCreate":1692098909905,"gmtModify":1692099272812,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209202974433392","repostId":"208726374035472","repostType":1,"repost":{"id":208726374035472,"gmtCreate":1691986656470,"gmtModify":1703547795938,"author":{"id":"3527667673047996","authorId":"3527667673047996","name":"SGX_Stars","avatar":"https://community-static.tradeup.com/news/e25c0d30145226f3d840902eeabbadbb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667673047996","authorIdStr":"3527667673047996"},"themes":[],"title":"Weekly Inflows and Outflows: DBS, UOB, Singtel, OCBC, The Hour Glass & Fortress Minerals","htmlText":"Institutions were net buyers of Singapore stocks over the four trading sessions through to Aug 10, with S$136 million of net institutional inflow, with eight primary-listed companies conducting buybacks with a total consideration of S$7.7 million.DBS <a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a> ,&nbsp;UOB <a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$</a>,&nbsp;Singtel <a href=\"https://ttm.financial/S/Z74.SI\">$SINGTEL(Z74.SI)$</a> ,&nbsp;Yangzijiang Shipbuilding <a href=\"https://ttm.financial/S/BS6.SI\">$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$</a> and&nbsp;OCBC <a href=\"https://ttm.financial/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a> led the net institutional inflow over the four sessions, while&nbsp;Venture Corpora","listText":"Institutions were net buyers of Singapore stocks over the four trading sessions through to Aug 10, with S$136 million of net institutional inflow, with eight primary-listed companies conducting buybacks with a total consideration of S$7.7 million.DBS <a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a> ,&nbsp;UOB <a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$</a>,&nbsp;Singtel <a href=\"https://ttm.financial/S/Z74.SI\">$SINGTEL(Z74.SI)$</a> ,&nbsp;Yangzijiang Shipbuilding <a href=\"https://ttm.financial/S/BS6.SI\">$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$</a> and&nbsp;OCBC <a href=\"https://ttm.financial/S/O39.SI\">$OVERSEA-CHINESE BANKING CORP(O39.SI)$</a> led the net institutional inflow over the four sessions, while&nbsp;Venture Corpora","text":"Institutions were net buyers of Singapore stocks over the four trading sessions through to Aug 10, with S$136 million of net institutional inflow, with eight primary-listed companies conducting buybacks with a total consideration of S$7.7 million.DBS $DBS GROUP HOLDINGS LTD(D05.SI)$ , UOB $UNITED OVERSEAS BANK LIMITED(U11.SI)$, Singtel $SINGTEL(Z74.SI)$ , Yangzijiang Shipbuilding $YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$ and OCBC $OVERSEA-CHINESE BANKING CORP(O39.SI)$ led the net institutional inflow over the four sessions, while Venture Corpora","images":[{"img":"https://community-static.tradeup.com/news/b03e129eb55902fee6738eba8ee9f6cf","width":"835","height":"429"},{"img":"https://community-static.tradeup.com/news/acc297b48bd311e5ca6f4f9031da94da","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/47395b9d2a3a45a4ceaffdcd5acb9f96","width":"560","height":"240"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208726374035472","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209203452751960,"gmtCreate":1692098895095,"gmtModify":1692099275475,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209203452751960","repostId":"208808568881184","repostType":1,"repost":{"id":208808568881184,"gmtCreate":1692006788045,"gmtModify":1692006825475,"author":{"id":"4102740236684050","authorId":"4102740236684050","name":"MaverickWealthBuilder","avatar":"https://community-static.tradeup.com/news/bbf0f514b8e5abb92266789b89f6e1e6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102740236684050","authorIdStr":"4102740236684050"},"themes":[],"title":"MSCI Rebalance, Tencent to be the biggest winner?","htmlText":"Last week, MSCI announced the results of the August quarterly index review for all indices. The adjustments to the MSCI China Index include the addition of 29 new stocks and the removal of 19 stocks. Changes in the Hong Kong stock segment are as follows: Constituents- Added 1 stock: <a href=\"https://ttm.financial/S/03808\">$SINOTRUK(03808)$</a> - Removed 5 stocks: <a href=\"https://ttm.financial/S/03759\">$PHARMARON(03759)$</a> <a href=\"https://ttm.financial/S/03347\">$TIGERMED(03347)$</a> , <a href=\"https://ttm.financial/S/01385\">$SHANGHAI FUDAN(01385)$</a> , <a href=\"https://ttm.financial/S/02869\">$GREENTOWN SER(02869)$</a> and <a href=\"https://ttm.financial/S/02128\">$CHINA LESSO(02128)$</a> .WeightsThe total number of constituents after the adjustments has risen to 766, including 556 A-shar","listText":"Last week, MSCI announced the results of the August quarterly index review for all indices. The adjustments to the MSCI China Index include the addition of 29 new stocks and the removal of 19 stocks. Changes in the Hong Kong stock segment are as follows: Constituents- Added 1 stock: <a href=\"https://ttm.financial/S/03808\">$SINOTRUK(03808)$</a> - Removed 5 stocks: <a href=\"https://ttm.financial/S/03759\">$PHARMARON(03759)$</a> <a href=\"https://ttm.financial/S/03347\">$TIGERMED(03347)$</a> , <a href=\"https://ttm.financial/S/01385\">$SHANGHAI FUDAN(01385)$</a> , <a href=\"https://ttm.financial/S/02869\">$GREENTOWN SER(02869)$</a> and <a href=\"https://ttm.financial/S/02128\">$CHINA LESSO(02128)$</a> .WeightsThe total number of constituents after the adjustments has risen to 766, including 556 A-shar","text":"Last week, MSCI announced the results of the August quarterly index review for all indices. The adjustments to the MSCI China Index include the addition of 29 new stocks and the removal of 19 stocks. Changes in the Hong Kong stock segment are as follows: Constituents- Added 1 stock: $SINOTRUK(03808)$ - Removed 5 stocks: $PHARMARON(03759)$ $TIGERMED(03347)$ , $SHANGHAI FUDAN(01385)$ , $GREENTOWN SER(02869)$ and $CHINA LESSO(02128)$ .WeightsThe total number of constituents after the adjustments has risen to 766, including 556 A-shar","images":[{"img":"https://static.tigerbbs.com/ec6261b29cd8cefd02e513fd2197c5f6","width":"1461","height":"815"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208808568881184","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2054,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209203398942856,"gmtCreate":1692098883385,"gmtModify":1692099272759,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209203398942856","repostId":"208499191500976","repostType":1,"repost":{"id":208499191500976,"gmtCreate":1691927114043,"gmtModify":1691927287036,"author":{"id":"4098946491644790","authorId":"4098946491644790","name":"0QH","avatar":"https://community-static.tradeup.com/news/206a0719b8841030e1fd2bd6256fd46e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098946491644790","authorIdStr":"4098946491644790"},"themes":[],"title":"Why Selling Put Options on Tapestry Might be a Smart Move [Earnings Season]","htmlText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","listText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","text":"Introduction: In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on $Tapestry Inc.(TPR)$. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","images":[{"img":"https://community-static.tradeup.com/news/18e6691a8853ddaece69300d2e9539ef","width":"391","height":"253"},{"img":"https://community-static.tradeup.com/news/5d034d021b16cbf7741f7cda58f96594","width":"1597","height":"963"},{"img":"https://community-static.tradeup.com/news/a9bb06d206aadeacdf550ffa1ce96389","width":"1602","height":"978"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208499191500976","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209202860642416,"gmtCreate":1692098882124,"gmtModify":1692099272752,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209202860642416","repostId":"208499191500976","repostType":1,"repost":{"id":208499191500976,"gmtCreate":1691927114043,"gmtModify":1691927287036,"author":{"id":"4098946491644790","authorId":"4098946491644790","name":"0QH","avatar":"https://community-static.tradeup.com/news/206a0719b8841030e1fd2bd6256fd46e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098946491644790","authorIdStr":"4098946491644790"},"themes":[],"title":"Why Selling Put Options on Tapestry Might be a Smart Move [Earnings Season]","htmlText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","listText":"Introduction: &nbsp;In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on <a href=\"https://ttm.financial/S/TPR\">$Tapestry Inc.(TPR)$</a>. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","text":"Introduction: In the fast-paced world of finance, opportunities often arise from market disruptions and fluctuations. The recent announcement of Tapestry's potential acquisition of Capri Holdings, coupled with a significant stock price drop, has created an interesting scenario for investors. While the initial market reaction might be unsettling, this article explores why this could be an opportune moment to consider selling put options on $Tapestry Inc.(TPR)$. Understanding the Situation: On August 10, 2023, Tapestry faced a steep decline of around 16% following the news of its potential acquisition of Capri Holdings. However, rather than viewing this as a reason to steer clear, astute investors see this as a time to seize potential gains thr","images":[{"img":"https://community-static.tradeup.com/news/18e6691a8853ddaece69300d2e9539ef","width":"391","height":"253"},{"img":"https://community-static.tradeup.com/news/5d034d021b16cbf7741f7cda58f96594","width":"1597","height":"963"},{"img":"https://community-static.tradeup.com/news/a9bb06d206aadeacdf550ffa1ce96389","width":"1602","height":"978"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/208499191500976","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":443900614558504,"gmtCreate":1749396479457,"gmtModify":1749396482655,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/443900614558504","repostId":"2541297888","repostType":2,"repost":{"id":"2541297888","kind":"highlight","weMediaInfo":{"introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"media_name":"TradingKey","id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"pubTimestamp":1749174177,"share":"https://ttm.financial/m/news/2541297888?lang=&edition=fundamental","pubTime":"2025-06-06 09:42","market":"hk","language":"en","title":"Warren Buffett’s 2025 Portfolio: A Defensive Giant Balancing Legacy Bets with Strategic Discipline","url":"https://stock-news.laohu8.com/highlight/detail?id=2541297888","media":"TradingKey","summary":"TradingKey - As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped..","content":"<html><body><p dir=\"ltr\"><span>TradingKey - </span><i><em>As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped by rising rates, sector rotations, and valuation discipline.</em></i></p><h2 dir=\"ltr\"><span>An Under Pressure Legacy Portfolio</span></h2><p dir=\"ltr\"><span>Buffett's biggest position is still Apple (AAPL), holding 25.76% of the portfolio or $66.6 billion. Cracks are appearing, though. Apple fell 12.45% YTD, lagging the wider market following iPhone selling declines and regulatory threats. Berkshire has not reduced its holding, but the size of this holding is becoming a double-edged sword, still cash-generating, but less of a growth vehicle than it was in previous years.</span></p><p dir=\"ltr\"><span>Buffett's relative underperformance serves to reinforce the overall theme of 2025: resilience rather than reinvention. Other funds are moving toward AI companies and turnarounds, but Berkshire is embracing stability instead. Trade-offs, however, accompany this approach. Concentration within the portfolio has picked up, and the diminishing weight of Apple has pulled down aggregate performance.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/05f20e8ad1a44ff7a8b3f73a33ab39021 (5).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>American Express, Coca-Cola, and the Moat Mentality</span></h2><p dir=\"ltr\"><span>Two of Buffett's most famous holdings, American Express (AXP) and Coca-Cola (KO), are worth 15.77% and 11.07% of the portfolio, respectively. Both are showing once more why Buffett values moats and brand strength. American Express has had modest appreciation in price and sticky consumer outlays, keeping Buffett safe during the tech downtrend. Coca-Cola, meanwhile, is 6.87% higher YTD, thanks to global reopening patterns and inflationary environment pricing power.</span></p><p dir=\"ltr\"><span>Legacy bets are ballast in uncertain times. But they are also reflective of a larger Berkshire maxim: bet on what you know, stay in patiently, and earn dividends along the way. It’s not one which gets the AI-starved investor’s pulse racing, but it’s one which works notwithstanding.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/69f8c180d2994329b005b8e3bd4c79d12 (4).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Energy Bets: A Contrarian View Under Siege</span></h2><p dir=\"ltr\"><span>One of Buffett's energy stocks, Chevron (CVX), and Occidental Petroleum (OXY) have fallen in 2025 by 12.25% and 14.15%, respectively. Together, they constitute almost $33 billion of the portfolio, with Occidental accounting for as much as 26.9% of company ownership alone. Whereas oil prices have stabilized, the larger ESG theme plus diminishing upstream margins are being felt.</span></p><p dir=\"ltr\"><span>Berkshire's argument, that fossil fuels are still needed, particularly in underinvested production basins, is unscathed. But the market is not yet rewarding patience. Berkshire added modestly to its stake in Q1 (+763K shares), which demonstrated ongoing faith, but this wager is being tested more than others.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/0a44bfe1afee442fa22e32b9af5af8443 (5).png\" width=\"inherit\"/></p><h3 dir=\"ltr\"><b><strong>Financials: Subdued Cuts and Defensive Posture</strong></b></h3><p dir=\"ltr\"><span>Berkshire cut its holding in Bank of America (BAC) by 7.15% during Q1 2025, lowering exposure to the holding which is now worth $26.4 billion, or 10.19% of the portfolio. The bank's slight YTD loss (-0.45%) is in line with sector-wide pressures ranging from rising funding to sluggish loan expansion.</span></p><p dir=\"ltr\"><span>Moody’s (MCO) is, though, left unscathed and unchanged at 4.44% of the portfolio. </span><span>The rating agency business offers recurring cash flows, which are attractive to Buffett’s preference for capital-light enterprises. Mid-tier holdings are rounded out by Chubb Ltd (CB) at 3.16% and DaVita (DVA) at 2.08%. Of note is that DaVita was reduced several times during Q1 and May 2025, likely due to compressed margins and reimbursement risk. The gradual trimming reflects Buffett aggressively eliminating underperformers, although he’s not aggressively making new bets. </span></p><h2 dir=\"ltr\"><span>Turnover Relates to Your Business Story </span></h2><p dir=\"ltr\"><span>Though Q1 had no new buys, Berkshire's turnover history needs to be read between the lines. The collective amount of the fund has declined to $258.7 billion from the levels of $351.9 billion in late 2023, down by almost $93 billion over five quarters. The reason was not aggressive selling, but rather the interplay of mark-to-market losses combined with disciplined trimming. Turnover is still very-low at 1%, sustaining Buffett’s risk-averse image. With this complacency, though, comes reduced exposure to emerging trends like AI, cloud infrastructure, and semiconductors. With Nvidia becoming the new Apple, Berkshire’s aversion to risk can be seen as increasingly dated to newer generations of investors who crave the latest innovation. </span></p><h2 dir=\"ltr\"><span>Strategic Additions: A Few, but Notable </span></h2><p dir=\"ltr\"><span>There are some repositioning signs to be seen. Notable additions are: Constellation Brands (STZ): A significant leap (+113%) to 12M shares evidencing added investment in premium beverage plays. Both Domino's Pizza (DPZ) and Pool Corp (POOL) moved higher, signs of selective consumer-facing exposure in scalable, asset-light business models. Sirius XM (SIRI) and Heico Corp (HEI.A) added pretty modestly, small plays, perhaps, but could be testing grounds for broader conviction. These do not amount to much in dollar terms but are worth noting. Buffett can selectively be experimenting with newer ideas without rocking the core. </span></p><h2 dir=\"ltr\"><span>Risk Factors: Concentration, Succession, and Business Cycles </span></h2><p dir=\"ltr\"><span>Concentration risk becomes apparent here. Near enough to 53% of Berkshire's investment holdings reside in only three holdings: Apple, American Express, and Coca-Cola. That gives it stability, but also vulnerability should one of them decline (like Apple now). There is still succession uncertainty. Even though Greg Abel is widely being considered to succeed, institutional investors are not certain as to whether the investment style's continuity after Buffet is secured. Will the next generation be as conservative as Buffett, or transition more aggressively? Long at last, market cycle sensitivity has returned.</span></p><p dir=\"ltr\"><span>Berkshire's excess exposure to consumer, energy, and finance makes it more defensive but less responsive to secular trends dominant in the market presently, such as green energy, cloud computing, and artificial intelligence </span></p><h2 dir=\"ltr\"><span>Performance versus the S&amp;P 500: A Mixed Bag </span></h2><p dir=\"ltr\"><span>Berkshire has posted decent returns in recent times, 25.5% in 2024 versus 23.3% for the S&amp;P 500. Its long-term performance, however, has been less stellar in recent tech-fueled bull cycles. It returned 15.8% in 2023, behind the 24.2% gain of the S&amp;P. It lagged by over 13 and 17 percentage points in 2020 and 2019, respectively. </span></p><p dir=\"ltr\"><span>However, its ability to thrive in down years (i.e., 2022: +4% vs. S&amp;P -19.4%) is one of its long-term attractions. Berkshire won't always be first in bull periods, but it generally doesn't lose the bear wars. </span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/4c49cd984a0c43cdb1d187762a92a4b74.png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Final Reflections</span></h2><p dir=\"ltr\"><span>Warren Buffett's portfolio in 2025 demonstrates staying power, discipline, and conviction, mixed with restraint in a fast-moving market. His core holdings continue to generate consistent cash flows, though without the buzz around newer, AI-touted stocks. Buffett's critics may see the portfolio trailing innovation in this age. His supporters, however, will argue it's a masterwork of stability, precisely appropriate for unstable times. Either, it's a functioning case study in long-term investing, a reflection of the man who made it. The message is one which is clear to long-term investors and allocators: compounding is strongest when it is accompanied with patience, and, at times, avoiding the hot hand can be the most aggressive step of them all.</span></p><p>Find out more</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett’s 2025 Portfolio: A Defensive Giant Balancing Legacy Bets with Strategic Discipline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett’s 2025 Portfolio: A Defensive Giant Balancing Legacy Bets with Strategic Discipline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2025-06-06 09:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><span>TradingKey - </span><i><em>As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped by rising rates, sector rotations, and valuation discipline.</em></i></p><h2 dir=\"ltr\"><span>An Under Pressure Legacy Portfolio</span></h2><p dir=\"ltr\"><span>Buffett's biggest position is still Apple (AAPL), holding 25.76% of the portfolio or $66.6 billion. Cracks are appearing, though. Apple fell 12.45% YTD, lagging the wider market following iPhone selling declines and regulatory threats. Berkshire has not reduced its holding, but the size of this holding is becoming a double-edged sword, still cash-generating, but less of a growth vehicle than it was in previous years.</span></p><p dir=\"ltr\"><span>Buffett's relative underperformance serves to reinforce the overall theme of 2025: resilience rather than reinvention. Other funds are moving toward AI companies and turnarounds, but Berkshire is embracing stability instead. Trade-offs, however, accompany this approach. Concentration within the portfolio has picked up, and the diminishing weight of Apple has pulled down aggregate performance.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/05f20e8ad1a44ff7a8b3f73a33ab39021 (5).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>American Express, Coca-Cola, and the Moat Mentality</span></h2><p dir=\"ltr\"><span>Two of Buffett's most famous holdings, American Express (AXP) and Coca-Cola (KO), are worth 15.77% and 11.07% of the portfolio, respectively. Both are showing once more why Buffett values moats and brand strength. American Express has had modest appreciation in price and sticky consumer outlays, keeping Buffett safe during the tech downtrend. Coca-Cola, meanwhile, is 6.87% higher YTD, thanks to global reopening patterns and inflationary environment pricing power.</span></p><p dir=\"ltr\"><span>Legacy bets are ballast in uncertain times. But they are also reflective of a larger Berkshire maxim: bet on what you know, stay in patiently, and earn dividends along the way. It’s not one which gets the AI-starved investor’s pulse racing, but it’s one which works notwithstanding.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/69f8c180d2994329b005b8e3bd4c79d12 (4).png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Energy Bets: A Contrarian View Under Siege</span></h2><p dir=\"ltr\"><span>One of Buffett's energy stocks, Chevron (CVX), and Occidental Petroleum (OXY) have fallen in 2025 by 12.25% and 14.15%, respectively. Together, they constitute almost $33 billion of the portfolio, with Occidental accounting for as much as 26.9% of company ownership alone. Whereas oil prices have stabilized, the larger ESG theme plus diminishing upstream margins are being felt.</span></p><p dir=\"ltr\"><span>Berkshire's argument, that fossil fuels are still needed, particularly in underinvested production basins, is unscathed. But the market is not yet rewarding patience. Berkshire added modestly to its stake in Q1 (+763K shares), which demonstrated ongoing faith, but this wager is being tested more than others.</span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/0a44bfe1afee442fa22e32b9af5af8443 (5).png\" width=\"inherit\"/></p><h3 dir=\"ltr\"><b><strong>Financials: Subdued Cuts and Defensive Posture</strong></b></h3><p dir=\"ltr\"><span>Berkshire cut its holding in Bank of America (BAC) by 7.15% during Q1 2025, lowering exposure to the holding which is now worth $26.4 billion, or 10.19% of the portfolio. The bank's slight YTD loss (-0.45%) is in line with sector-wide pressures ranging from rising funding to sluggish loan expansion.</span></p><p dir=\"ltr\"><span>Moody’s (MCO) is, though, left unscathed and unchanged at 4.44% of the portfolio. </span><span>The rating agency business offers recurring cash flows, which are attractive to Buffett’s preference for capital-light enterprises. Mid-tier holdings are rounded out by Chubb Ltd (CB) at 3.16% and DaVita (DVA) at 2.08%. Of note is that DaVita was reduced several times during Q1 and May 2025, likely due to compressed margins and reimbursement risk. The gradual trimming reflects Buffett aggressively eliminating underperformers, although he’s not aggressively making new bets. </span></p><h2 dir=\"ltr\"><span>Turnover Relates to Your Business Story </span></h2><p dir=\"ltr\"><span>Though Q1 had no new buys, Berkshire's turnover history needs to be read between the lines. The collective amount of the fund has declined to $258.7 billion from the levels of $351.9 billion in late 2023, down by almost $93 billion over five quarters. The reason was not aggressive selling, but rather the interplay of mark-to-market losses combined with disciplined trimming. Turnover is still very-low at 1%, sustaining Buffett’s risk-averse image. With this complacency, though, comes reduced exposure to emerging trends like AI, cloud infrastructure, and semiconductors. With Nvidia becoming the new Apple, Berkshire’s aversion to risk can be seen as increasingly dated to newer generations of investors who crave the latest innovation. </span></p><h2 dir=\"ltr\"><span>Strategic Additions: A Few, but Notable </span></h2><p dir=\"ltr\"><span>There are some repositioning signs to be seen. Notable additions are: Constellation Brands (STZ): A significant leap (+113%) to 12M shares evidencing added investment in premium beverage plays. Both Domino's Pizza (DPZ) and Pool Corp (POOL) moved higher, signs of selective consumer-facing exposure in scalable, asset-light business models. Sirius XM (SIRI) and Heico Corp (HEI.A) added pretty modestly, small plays, perhaps, but could be testing grounds for broader conviction. These do not amount to much in dollar terms but are worth noting. Buffett can selectively be experimenting with newer ideas without rocking the core. </span></p><h2 dir=\"ltr\"><span>Risk Factors: Concentration, Succession, and Business Cycles </span></h2><p dir=\"ltr\"><span>Concentration risk becomes apparent here. Near enough to 53% of Berkshire's investment holdings reside in only three holdings: Apple, American Express, and Coca-Cola. That gives it stability, but also vulnerability should one of them decline (like Apple now). There is still succession uncertainty. Even though Greg Abel is widely being considered to succeed, institutional investors are not certain as to whether the investment style's continuity after Buffet is secured. Will the next generation be as conservative as Buffett, or transition more aggressively? Long at last, market cycle sensitivity has returned.</span></p><p dir=\"ltr\"><span>Berkshire's excess exposure to consumer, energy, and finance makes it more defensive but less responsive to secular trends dominant in the market presently, such as green energy, cloud computing, and artificial intelligence </span></p><h2 dir=\"ltr\"><span>Performance versus the S&amp;P 500: A Mixed Bag </span></h2><p dir=\"ltr\"><span>Berkshire has posted decent returns in recent times, 25.5% in 2024 versus 23.3% for the S&amp;P 500. Its long-term performance, however, has been less stellar in recent tech-fueled bull cycles. It returned 15.8% in 2023, behind the 24.2% gain of the S&amp;P. It lagged by over 13 and 17 percentage points in 2020 and 2019, respectively. </span></p><p dir=\"ltr\"><span>However, its ability to thrive in down years (i.e., 2022: +4% vs. S&amp;P -19.4%) is one of its long-term attractions. Berkshire won't always be first in bull periods, but it generally doesn't lose the bear wars. </span></p><p><img height=\"inherit\" src=\"https://resource.tradingkey.com/uploads/20250606/4c49cd984a0c43cdb1d187762a92a4b74.png\" width=\"inherit\"/></p><h2 dir=\"ltr\"><span>Final Reflections</span></h2><p dir=\"ltr\"><span>Warren Buffett's portfolio in 2025 demonstrates staying power, discipline, and conviction, mixed with restraint in a fast-moving market. His core holdings continue to generate consistent cash flows, though without the buzz around newer, AI-touted stocks. Buffett's critics may see the portfolio trailing innovation in this age. His supporters, however, will argue it's a masterwork of stability, precisely appropriate for unstable times. Either, it's a functioning case study in long-term investing, a reflection of the man who made it. The message is one which is clear to long-term investors and allocators: compounding is strongest when it is accompanied with patience, and, at times, avoiding the hot hand can be the most aggressive step of them all.</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20240422/2236719b299ffdba16b8556127f5537b.jpg","relate_stocks":{"LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","CVX":"雪佛龙","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","AXP.AU":"AXP Energy Ltd","DVA":"达维塔保健","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1046421795.USD":"富达环球科技A-ACC","LU1221951129.SGD":"NORDEA 1 STABLE RETURN \"HM\" (SGDHDG) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4209":"餐馆","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","MCO.AU":"MyEco Group Ltd","LU0203202063.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A2X\" (USD) ACC","SG9999001077.SGD":"United International Growth Fund SGD","BK4550":"红杉资本持仓","MCO":"穆迪","POOL":"Pool Corporation","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","OXY":"西方石油","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","BAC":"美国银行","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","SIRI":"Sirius XM Holdings Inc.","AXP":"美国运通","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","BK4570":"地缘局势概念股","BK4527":"明星科技股","AAPL":"苹果","LU1699723380.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"AP\" (USD) ACC","STZ":"星座品牌","KO":"可口可乐","SG9999002224.SGD":"Allianz Global High Payout SGD","BRK.A":"伯克希尔","CB":"安达保险","BK4571":"数字音乐概念","BRK.B":"伯克希尔B","HEI.A":"海科航空","BK4534":"瑞士信贷持仓","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","LU1206712785.SGD":"Aviva Investors - Multi-Strategy Target Return Ah SGD","MACW.SI":"APPLE 3xLongSG261006","DPZ":"达美乐比萨","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H"},"source_url":"https://www.tradingkey.com/analysis/economic/more/250762884-warren-buffett-2025-portfolio-tradingkey-yiannis-zourmpanos","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2541297888","content_text":"TradingKey - As of March 31, 2025, Warren Buffett’s Berkshire Hathaway holds a $258.7 billion equity portfolio spread across 36 stocks. The Oracle of Omaha hasn’t made a new buy this quarter, and turnover remains minimal at 1%. But beneath that still surface lies a quietly evolving strategy shaped by rising rates, sector rotations, and valuation discipline.An Under Pressure Legacy PortfolioBuffett's biggest position is still Apple (AAPL), holding 25.76% of the portfolio or $66.6 billion. Cracks are appearing, though. Apple fell 12.45% YTD, lagging the wider market following iPhone selling declines and regulatory threats. Berkshire has not reduced its holding, but the size of this holding is becoming a double-edged sword, still cash-generating, but less of a growth vehicle than it was in previous years.Buffett's relative underperformance serves to reinforce the overall theme of 2025: resilience rather than reinvention. Other funds are moving toward AI companies and turnarounds, but Berkshire is embracing stability instead. Trade-offs, however, accompany this approach. Concentration within the portfolio has picked up, and the diminishing weight of Apple has pulled down aggregate performance.American Express, Coca-Cola, and the Moat MentalityTwo of Buffett's most famous holdings, American Express (AXP) and Coca-Cola (KO), are worth 15.77% and 11.07% of the portfolio, respectively. Both are showing once more why Buffett values moats and brand strength. American Express has had modest appreciation in price and sticky consumer outlays, keeping Buffett safe during the tech downtrend. Coca-Cola, meanwhile, is 6.87% higher YTD, thanks to global reopening patterns and inflationary environment pricing power.Legacy bets are ballast in uncertain times. But they are also reflective of a larger Berkshire maxim: bet on what you know, stay in patiently, and earn dividends along the way. It’s not one which gets the AI-starved investor’s pulse racing, but it’s one which works notwithstanding.Energy Bets: A Contrarian View Under SiegeOne of Buffett's energy stocks, Chevron (CVX), and Occidental Petroleum (OXY) have fallen in 2025 by 12.25% and 14.15%, respectively. Together, they constitute almost $33 billion of the portfolio, with Occidental accounting for as much as 26.9% of company ownership alone. Whereas oil prices have stabilized, the larger ESG theme plus diminishing upstream margins are being felt.Berkshire's argument, that fossil fuels are still needed, particularly in underinvested production basins, is unscathed. But the market is not yet rewarding patience. Berkshire added modestly to its stake in Q1 (+763K shares), which demonstrated ongoing faith, but this wager is being tested more than others.Financials: Subdued Cuts and Defensive PostureBerkshire cut its holding in Bank of America (BAC) by 7.15% during Q1 2025, lowering exposure to the holding which is now worth $26.4 billion, or 10.19% of the portfolio. The bank's slight YTD loss (-0.45%) is in line with sector-wide pressures ranging from rising funding to sluggish loan expansion.Moody’s (MCO) is, though, left unscathed and unchanged at 4.44% of the portfolio. The rating agency business offers recurring cash flows, which are attractive to Buffett’s preference for capital-light enterprises. Mid-tier holdings are rounded out by Chubb Ltd (CB) at 3.16% and DaVita (DVA) at 2.08%. Of note is that DaVita was reduced several times during Q1 and May 2025, likely due to compressed margins and reimbursement risk. The gradual trimming reflects Buffett aggressively eliminating underperformers, although he’s not aggressively making new bets. Turnover Relates to Your Business Story Though Q1 had no new buys, Berkshire's turnover history needs to be read between the lines. The collective amount of the fund has declined to $258.7 billion from the levels of $351.9 billion in late 2023, down by almost $93 billion over five quarters. The reason was not aggressive selling, but rather the interplay of mark-to-market losses combined with disciplined trimming. Turnover is still very-low at 1%, sustaining Buffett’s risk-averse image. With this complacency, though, comes reduced exposure to emerging trends like AI, cloud infrastructure, and semiconductors. With Nvidia becoming the new Apple, Berkshire’s aversion to risk can be seen as increasingly dated to newer generations of investors who crave the latest innovation. Strategic Additions: A Few, but Notable There are some repositioning signs to be seen. Notable additions are: Constellation Brands (STZ): A significant leap (+113%) to 12M shares evidencing added investment in premium beverage plays. Both Domino's Pizza (DPZ) and Pool Corp (POOL) moved higher, signs of selective consumer-facing exposure in scalable, asset-light business models. Sirius XM (SIRI) and Heico Corp (HEI.A) added pretty modestly, small plays, perhaps, but could be testing grounds for broader conviction. These do not amount to much in dollar terms but are worth noting. Buffett can selectively be experimenting with newer ideas without rocking the core. Risk Factors: Concentration, Succession, and Business Cycles Concentration risk becomes apparent here. Near enough to 53% of Berkshire's investment holdings reside in only three holdings: Apple, American Express, and Coca-Cola. That gives it stability, but also vulnerability should one of them decline (like Apple now). There is still succession uncertainty. Even though Greg Abel is widely being considered to succeed, institutional investors are not certain as to whether the investment style's continuity after Buffet is secured. Will the next generation be as conservative as Buffett, or transition more aggressively? Long at last, market cycle sensitivity has returned.Berkshire's excess exposure to consumer, energy, and finance makes it more defensive but less responsive to secular trends dominant in the market presently, such as green energy, cloud computing, and artificial intelligence Performance versus the S&P 500: A Mixed Bag Berkshire has posted decent returns in recent times, 25.5% in 2024 versus 23.3% for the S&P 500. Its long-term performance, however, has been less stellar in recent tech-fueled bull cycles. It returned 15.8% in 2023, behind the 24.2% gain of the S&P. It lagged by over 13 and 17 percentage points in 2020 and 2019, respectively. However, its ability to thrive in down years (i.e., 2022: +4% vs. S&P -19.4%) is one of its long-term attractions. Berkshire won't always be first in bull periods, but it generally doesn't lose the bear wars. Final ReflectionsWarren Buffett's portfolio in 2025 demonstrates staying power, discipline, and conviction, mixed with restraint in a fast-moving market. His core holdings continue to generate consistent cash flows, though without the buzz around newer, AI-touted stocks. Buffett's critics may see the portfolio trailing innovation in this age. His supporters, however, will argue it's a masterwork of stability, precisely appropriate for unstable times. Either, it's a functioning case study in long-term investing, a reflection of the man who made it. The message is one which is clear to long-term investors and allocators: compounding is strongest when it is accompanied with patience, and, at times, avoiding the hot hand can be the most aggressive step of them all.Find out more","news_type":1,"symbols_score_info":{"MCO":1,"KO":1,"HEI.A":1,"SIRI":1,"MACW.SI":0.6,"POOL":1,"STZ":1,"AXP":1,"BRK.B":1,"DVA":1,"BAC":1,"DPZ":1,"BRK.A":0.9,"CVX":1,"AAPL":1,"AXP.AU":1,"CB":1,"MCO.AU":1,"OXY":1}},"isVote":1,"tweetType":1,"viewCount":1320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":402414983307464,"gmtCreate":1739273439604,"gmtModify":1739273442808,"author":{"id":"4147244040914782","authorId":"4147244040914782","name":"Kh WONG","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4147244040914782","authorIdStr":"4147244040914782"},"themes":[],"htmlText":"Hi. Just a quick check. Do we need to close an&nbsp;expired option manually&nbsp;? Or it will close automatically in tiger broker?&nbsp;","listText":"Hi. Just a quick check. Do we need to close an&nbsp;expired option manually&nbsp;? Or it will close automatically in tiger broker?&nbsp;","text":"Hi. Just a quick check. Do we need to close an expired option manually ? Or it will close automatically in tiger broker?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/402414983307464","isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}