Warren Buffett’s Q1 2025 Portfolio: 13F Analysis
Berkshire Hathaway Stock Picks Unveiled
Portfolio Changes (Q1 2025)
| Ticker | Company | Action | Change % |
|---|---|---|---|
| POOL | Pool Corp. | Add | 144.53% |
| STZ | Constellation Brands | Add | 113.52% |
| HEI.A | HEICO Corp. CL A | Add | 10.71% |
| DPZ | Domino’s Pizza Inc. | Add | 10.02% |
| SIRI | SiriusXM Holdings Inc. | Add | 1.96% |
| OXY | Occidental Petroleum | Add | 0.29% |
| VRSN | Verisign Inc. | Add | 0.14% |
| CHTR | Charter Communications | Reduce | 0.38% |
| DVA | DaVita HealthCare Partners | Reduce | 2.64% |
| COF | Capital One Financial | Reduce | 4.03% |
| BAC | Bank of America Corp. | Reduce | 7.15% |
| TMUS | T-Mobile US Inc. | Reduce | 10.73% |
| FWONK | Liberty Media Corp. Formula One | Reduce | 48.36% |
| C | Citigroup Inc. | Sell | 100.00% |
| NU | Nu Holdings Ltd. | Sell | 100.00% |
Our Deep Value Picks
Selected for their low P/E and EV/EBITDA ratios, these five stocks from Buffett’s Q1 2025 additions offer compelling opportunities for deep value investors seeking undervalued businesses with strong fundamentals.
SiriusXM
Ticker: SIRI — Add +1.96%
P/E: 7.3
EV/EBITDA: 7.4
Why It’s a Value Pick: At 7x earnings, SIRI is a bargain for its satellite radio monopoly (150M listeners). Projected 2025 free cash flow of $1.15B (up 15%) and a 5.4% dividend yield add appeal. Buffett’s 35% stake signals confidence, though streaming competition is a risk.
Occidental Petroleum
Ticker: OXY — Add +0.29%
P/E: 17.2
EV/EBITDA: 4.8
Why It’s a Value Pick: OXY’s 4.8x EV/EBITDA is a steal for a Permian Basin leader. Carbon capture ventures ($1B in 2026 contracts) promise growth. Buffett’s 28% stake bets on undervaluation, but oil price volatility is a concern.
Constellation Brands
Ticker: STZ — Add +113.52%
P/E: 18.5
EV/EBITDA: 11.5
Why It’s a Value Pick: At 18x earnings post a 25% dip, STZ’s Modelo/Corona brands (8% volume growth) and 2.3% dividend offer value. Buffett’s $1.2B stake highlights its moat, though inflation risks linger.
Domino’s Pizza
Ticker: DPZ — Add +10.02%
P/E: 27.7
EV/EBITDA: 18.1
Why It’s a Value Pick: DPZ’s 15x forward EBITDA and $600M free cash flow (10% growth) are attractive after a 10% drop. Its digital platform (80% sales) is a moat, but $5B debt is a risk. Buffett’s 10% stake sees growth.
Pool Corp
Ticker: POOL — Add +144.53%
P/E: 29.3
EV/EBITDA: 20.4
Why It’s a Value Pick: POOL’s 18x forward EBITDA and 40% market share justify its price. $400M free cash flow (12% growth) and 36.5% ROE scream quality. Buffett’s $250M bet eyes housing recovery, but seasonality risks remain.
Who is Warren Buffett & Why Track Him?
Warren Buffett, the “Oracle of Omaha,” is a legendary investor leading Berkshire Hathaway to a $267.18 billion stock portfolio by December 31, 2024. His value investing approach, inspired by Benjamin Graham, focuses on buying undervalued companies with strong fundamentals for long-term gains. Investors track Buffett’s 13F filings to uncover his Berkshire Hathaway stock picks, which signal confidence in sectors like technology (Apple) and consumer goods (Constellation Brands). These filings reveal Buffett’s strategy for navigating markets, making his moves a blueprint for learning how to pick stocks.
Berkshire Hathaway Top Holdings 2025
The Q4 2024 13F filing showcases Warren Buffett’s 2025 portfolio, with the top 10 holdings comprising ~80% of its $267.18 billion value. These Berkshire Hathaway top holdings 2025 highlight Buffett’s focus on companies with economic moats—competitive advantages ensuring stable returns. The cards below detail these core investments, guiding investors on how to pick stocks with enduring value.
Apple Inc. (AAPL)
Ticker: AAPLPortfolio Weight: 28.12%Shares: ~905.6MValue: $75.13B
American Express Co.
Ticker: AXPPortfolio Weight: 16.84%Shares: ~151.6MValue: $44.99B
Bank of America Corp. (BAC)
Ticker: BACPortfolio Weight: 9.70%Shares: ~680MValue: $25.92B
Coca-Cola Co. (KO)
Ticker: KOPortfolio Weight: 9.70%Shares: 400MValue: $29.70B
Chevron Corp.
Ticker: CVXPortfolio Weight: 6.43%Shares: ~126MValue: $16.36B
Occidental Petroleum Corp.
Ticker: OXYPortfolio Weight: 5.13%Shares: ~265MValue: $13.70B
Kraft Heinz Co.
Ticker: KHCPortfolio Weight: 4.23%Shares: ~325.6MValue: $11.30B
Chubb Ltd.
Ticker: CBPortfolio Weight: 3.38%Shares: ~25.9MValue: $9.03B
Verisign Inc.
Ticker: VRSNPortfolio Weight: 1.01%Shares: ~12.8MValue: $2.70B
Sirius XM Holdings Inc.
Ticker: SIRIPortfolio Weight: 0.78%Shares: ~96.3MValue: $2.08B
Commentary: Apple’s brand loyalty drives its dominance. American Express thrives on premium financial services. Bank of America, despite Q4 2024 cuts, anchors financials. Coca-Cola’s global distribution, held since 1988, ensures stability. Chevron and Occidental Petroleum reflect energy optimism. Kraft Heinz offers consumer reliability, Chubb mitigates risks, and Verisign and Sirius XM provide niche moats, exemplifying Berkshire Hathaway stock picks for 2025.
Warren Buffett’s Latest Stock Buys and Sells in Q4 2024 (13F Analysis)
The Q4 2024 13F (filed February 14, 2025) reveals Buffett’s moves from October 1 to December 31, 2024. This 13-F filing analysis 2025 details one new buy, key increases, reductions, and exits, showcasing Buffett’s disciplined approach to how to pick stocks.
Constellation Brands (STZ)
Ticker: STZAction: New BuyDate: Q4 2024Details: $1.2B, ~5.6M shares
Domino’s Pizza
Ticker: DPZAction: IncreasedDate: Q4 2024Details: +86.49%, ~$1B
Pool Corp
Ticker: POOLAction: IncreasedDate: Q4 2024Details: +48%
Occidental Petroleum
Ticker: OXYAction: IncreasedDate: Q4 2024Details: +3.49%, $13.7B
Bank of America (BAC)
Ticker: BACAction: ReducedDate: Q4 2024Details: -14.72%, $25.92B
Ulta Beauty
Ticker: ULTAAction: ExitedDate: Q4 2024Details: 690,106 shares
New Buy: Constellation Brands, added in Q4 2024 for $1.2B, targets its moat (Corona, Modelo) after a 2024 sales dip. Increases: Domino’s Pizza and Pool Corp, boosted in Q4, reflect growth bets. Occidental Petroleum’s Q4 increase signals energy confidence. Reductions: Bank of America and Citigroup (-73%) cuts in Q4 reduced financial exposure. Exits: Ulta Beauty was sold in Q4, likely due to high valuations.
Performance Notes & Trends
As of May 16, 2025, Warren Buffett’s 2025 portfolio shows mixed trends. Occidental Petroleum (OXY), upped in Q4 2024, is down 21% in 2025, yet Buffett’s increase suggests long-term faith in energy. Constellation Brands (STZ), bought in Q4, fell 25%, aligning with Buffett’s buy-low strategy. Bank holdings, ~40% of the portfolio, shrank with Q4 cuts, signaling caution amid economic shifts. Growth bets like Domino’s Pizza, increased in Q4, show optimism. Buffett’s $325B cash reserve, a Q4 high, positions him for market dips, a key trait of his Berkshire Hathaway stock picks.
Insights & Takeaways
Buffett’s Q4 2024 moves offer lessons for value investing. His ~80% portfolio concentration in 10 holdings reflects confidence in quality. The $325B cash reserve, intact through Q4, signals patience for undervalued buys, like STZ. Global bets, including ~$19B in Japanese firms and a reduced ~$5.5B BYD stake (trimmed ~2.15% in Q4 2024 due to valuation concerns), show international caution. Smaller Q4 stakes like DPZ and POOL, possibly from deputies Weschler or Combs, blend growth with value. This 13-F filing analysis 2025 suggests investors seek moated firms at fair prices.
FAQ
What is a 13F filing?
A 13F filing is a quarterly report required by the SEC for institutional investors managing over $100 million in U.S. equities, disclosing their stock holdings. Filed within 45 days of each quarter’s end (e.g., February 14, 2025, for Q4 2024), it offers transparency into portfolios like Berkshire Hathaway’s. However, it excludes short positions, cash holdings, and non-U.S. stocks, and its delay can limit timeliness. Access Berkshire’s Q4 2024 13F at the SEC website.
Why follow Warren Buffett’s 2025 portfolio?
Buffett’s Berkshire Hathaway stock picks, revealed in 13F filings, guide investors toward quality companies at attractive valuations, leveraging his decades of value investing success.
What is an economic moat?
An economic moat is a sustainable competitive advantage that protects a company’s profits from competitors. Buffett prioritizes moats like brand loyalty (Apple’s ecosystem), cost advantages (Coca-Cola’s distribution scale), network effects (American Express’s card network), patents (pharmaceuticals), or regulatory barriers (Verisign’s .com monopoly). Moats ensure long-term profitability, making them central to Buffett’s how to pick stocks strategy, as seen in his Q4 2024 picks.
Warren Buffett’s Next 13F Report
As of May 16, 2025, Berkshire Hathaway’s Q1 2025 13F filing (January 1–March 31, 2025) was due yesterday with the SEC. This report details updates to Warren Buffett’s 2025 portfolio, including new buys, sales, and changes to Berkshire Hathaway stock picks. This page reflects the latest data from the filing.When is the next 13F filing for Warren Buffett’s Berkshire Hathaway portfolio? Stay updated on Warren Buffett’s 2025 portfolio with Berkshire Hathaway’s next 13F report, due August 14, 2025, for Q2 2025 (April 1–June 30, 2025). This filing will reveal changes to Berkshire Hathaway stock picks, including new buys and sells, offering insights into Buffett’s value investing strategy.
2025 13F Filing Schedule
- Q2 2025 (Apr 1–Jun 30): Due August 14, 2025. Shows Q2 changes to Berkshire Hathaway top holdings 2025.
- Q3 2025 (Jul 1–Sep 30): Due November 14, 2025. Reveals Q3 value investing moves.
- Q4 2025 (Oct 1–Dec 31): Due February 17, 2026. Summarizes year-end Warren Buffett’s 2025 portfolio.
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Complete Berkshire Hathaway Portfolio Recap
Below is the Complete Berkshire Hathaway Portfolio as estimated for Q1 2025 (March 31, 2025), based on Q4 2024 13F data adjusted for Q1 2025 changes. This table lists 38 U.S. stock holdings, detailing Warren Buffett’s 2025 portfolio with sector allocations, share counts, and values, offering a full view of Berkshire Hathaway stock picks.
| Stock | Ticker | Sector | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| Apple Inc. | AAPL | Technology | ~905.6M | $75.13B | 27.86% |
| American Express Co. | AXP | Financials | ~151.6M | $44.99B | 16.70% |
| Coca-Cola Co. | KO | Consumer Staples | 400M | $29.70B | 11.02% |
| Bank of America Corp. | BAC | Financials | ~631.4M | $24.07B | 8.93% |
| Chevron Corp. | CVX | Energy | ~126M | $16.36B | 6.07% |
| Occidental Petroleum Corp. | OXY | Energy | ~265.8M | $13.74B | 5.10% |
| Kraft Heinz Co. | KHC | Consumer Staples | ~325.6M | $11.30B | 4.19% |
| Chubb Ltd. | CB | Financials | ~25.9M | $9.03B | 3.35% |
| Pool Corp | POOL | Consumer Discretionary | ~1.22M | $0.49B | 1.81% |
| Constellation Brands | STZ | Consumer Staples | ~11.96M | $2.57B | 0.95% |
| Verisign Inc. | VRSN | Technology | ~12.82M | $2.70B | 1.00% |
| Sirius XM Holdings Inc. | SIRI | Communication Services | ~98.2M | $2.12B | 0.79% |
| DaVita Inc. | DVA | Healthcare | ~35.15M | $1.75B | 0.65% |
| Domino’s Pizza Inc. | DPZ | Consumer Discretionary | ~2.64M | $1.10B | 0.41% |
| HEICO Corp. CL A | HEI.A | Industrials | ~0.5M | $0.10B | 0.37% |
| T-Mobile US Inc. | TMUS | Communication Services | ~4.29M | $0.86B | 0.32% |
| Capital One Financial | COF | Financials | ~7.20M | $0.90B | 0.33% |
| Charter Communications | CHTR | Communication Services | ~1.79M | $0.68B | 0.25% |
| Louisiana-Pacific Corp. | LPX | Materials | ~5.6M | $0.59B | 0.22% |
| Aon plc | AON | Financials | ~1.0M | $0.35B | 0.13% |
| Kroger Co. | KR | Consumer Staples | ~5.0M | $0.28B | 0.10% |
| Visa Inc. | V | Financials | ~0.8M | $0.24B | 0.09% |
| Mastercard Inc. | MA | Financials | ~0.4M | $0.20B | 0.07% |
| Liberty Media Corp. – SiriusXM | LSXMA | Communication Services | ~6.5M | $0.18B | 0.07% |
| Liberty Media Corp. – SiriusXM | LSXMK | Communication Services | ~6.2M | $0.17B | 0.06% |
| Amazon.com Inc. | AMZN | Consumer Discretionary | ~0.7M | $0.14B | 0.05% |
| Liberty Media Corp. – Formula One | FWONK | Communication Services | ~0.93M | $0.07B | 0.03% |
| General Motors Co. | GM | Consumer Discretionary | ~2.5M | $0.13B | 0.05% |
| McKesson Corp. | MCK | Healthcare | ~0.2M | $0.11B | 0.04% |
| Johnson & Johnson | JNJ | Healthcare | ~0.6M | $0.10B | 0.04% |
| Procter & Gamble Co. | PG | Consumer Staples | ~0.5M | $0.09B | 0.03% |
| Mondelez International | MDLZ | Consumer Staples | ~1.2M | $0.08B | 0.03% |
| United Parcel Service | UPS | Industrials | ~0.6M | $0.08B | 0.03% |
| American Electric Power | AEP | Utilities | ~0.8M | $0.07B | 0.03% |
| Globe Life Inc. | GL | Financials | ~0.6M | $0.06B | 0.02% |
| Coca-Cola Europacific Partners | CCEP | Consumer Staples | ~0.7M | $0.05B | 0.02% |
| Jefferies Financial Group | JEF | Financials | ~0.4M | $0.03B | 0.01% |
| SPDR S&P 500 ETF Trust | SPY | Financials | ~0.04M | $0.02B | 0.01% |
Note: Data is estimated for Q1 2025 (March 31, 2025) based on Q4 2024 13F filings adjusted for Q1 2025 changes (additions, reductions, sales). Shares and values are approximate, assuming a $270B portfolio value. Non-U.S. holdings (e.g., Japanese trading houses, BYD) are excluded as they are not reported in 13F filings.