The Q3 13F filings were released yesterday, unveiling the latest moves of top investors and major hedge funds. These filings are required by the SEC for funds managing over $100 million, providing insights into their stock trades for the quarter.
Renowned investors like Warren Buffett and Ray Dalio have had significant portfolio adjustments in the third quarter of 2024, offering valuable investment ideas for individual investors.
Warren Buffett: 2 New Buys, 1 Major Sell
Warren Buffett, the legendary investor, made substantial changes to his portfolio in Q3. He initiated positions in Ulta Beauty and Heico, while completely exiting Snowflake and Paramount. The biggest move was reducing his stake in Apple by over $80 billion.
Additionally, Buffett increased his holdings in Occidental Petroleum and Chubb, while slashing his investment in Chevron.
Ray Dalio Bets Big on Nvidia
Ray Dalio, another legendary investor, capitalized on Nvidia’s share price weakness by investing over $722 million. He also added to his positions in Amazon and Microsoft, while selling Apple, Eli Lilly, and Alphabet.
Bill Gates Makes Berkshire His Top Holding
Bill Gates focused on Berkshire Hathaway as his largest holding with a $3 billion purchase, reducing his stakes in Microsoft and Carvana.
Michael Burry’s Portfolio Changes
Michael Burry halved his equity portfolio size, closing positions in HCA Healthcare, Citigroup, and Block, while opening new positions in Shift4 Payments and Molina Healthcare. He also increased his holdings in Alibaba and Baidu.
Alibaba is now the largest position in Burry’s portfolio.
For more insights from all 13F filings, InvestingPro subscribers can access the “Ideas” section to track the moves of top investors and copy positions to their watchlist.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investing in assets carries risks, and decisions should be made after thorough evaluation.