Warren Buffett is known for his stock-picking acumen and his expertise in value investing. Value stocks have strong fundamentals and potential for future growth but remain undervalued by the market. Over time, they hold the highest potential of delivering multi-bagger returns. Has Warren Buffett just bought another value stock?
Warren Buffett’s Berkshire Hathaway in its most recent quarterly 13F filings, has stated that it has added at least one new stock in the third quarter (July-August-September) which it does not want to announce it to the public. The U.S. Securities and Exchange Commission requires all fund managers with assets of $100 million or more to publicly report their stock holdings using Form 13F.
As of now, the market is unaware of whether the stock that Warren Buffett purchased is a growth stock or a value stock. The speculation around Warren Buffett’s secret stock may continue but the truth will be known only when regulatory filings disclose the name. The stock name may be kept secret from the public in order to allow the owner to purchase additional shares and amass a sizable position.
Below is what the quarterly 13F filings state:
“Confidential Treatment Requested. (The Manager has omitted from this public Form 13F one or more holding(s) for which it is requesting confidential treatment from the U.S. Securities and Exchange Commission pursuant to section 13(f) of the Exchange Act and rule 24b-2 thereunder)”
Every quarter, the public can see Warren Buffett’s Berkshire Hathaway portfolio.
Among many other well-known blue-chip US stocks, Warren Buffett’s portfolio includes companies like American Express Company and The Coca-Cola Company. The American Express Company, Apple, Bank of America Corporation, The Coca-Cola Company, and Chevron Corporation accounted for almost 70% of Berkshire Hathaway’s portfolio.
Warren Buffett has held the majority of his top holdings for a number of years. The New York Stock Exchange lists Berkshire Hathaway’s common stock under the trade symbol BRK.A and BRK.B.