Work with your personal adviser to grow your wealth

What did Buffett Buy?


Noted investor Warren Buffett’s Berkshire Hathaway BRK.A BRK.B recently released a list of holdings for the fourth quarter of 2023. The report suggests that Buffett’s company did not buy many stocks last quarter, adding no new names and increasing its stake in only three companies.

Warren Buffett’s Berkshire Owns 2 ETFs: SPY and VOO

Regardless of what Berkshire buys or sells, one of the cheapest ways for an investor to diversify is with an exchange-traded fund. If you want to buy what Buffett has at Berkshire, he has two ETFs:

  1. SPDR S&P 500 ETF Trust (SPY)
  2. Vanguard S&P 500 ETF (VOO)

Both funds passively track the S&P 500.

Morningstar analyst Mo’ath Almahasneh, who covers both ETFs, says the bedrock of the strategy they follow is market-cap-weighting. “Market-cap-weighting harnesses the market’s collective wisdom of the relative value of each holding with the added of low turnover and associated trading costs,” Almahasneh says. “It’s a sensible approach because the market tends to do a good job pricing large-cap stocks.”

Mo’ath Almahasneh – Morningstar Analyst

Related Posts

Is it Time to Rethink your Term Deposit Strategy?

Term deposits are currently riding near a 15-year peak, offering investors a temporary high. However, this…


Dovish sentiment favours accommodative policies, aiming to stimulate economic growth even at the cost of higher…

International Women’s Day

International Women’s Day provides an important opportunity to fundraise for female-focused charities, help raise their visibility,…

Investing for Income

Tom McBride and Richard Parkin hosted an investor seminar at the Novotel Cathedral Christchurch on Thursday…