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Though some third-quarter stock market moves of ‘The Oracle of Omaha’ Warren Buffett, have been known for months, and others – like Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC) stock sales – drew much attention, the latest 13-f filing provided the fullest picture to date. As it turned out, the overall portfolio underwent relatively few changes despite Berkshire Hathaway’s (NYSE: BRK.A, BRK.B) cash pile ballooning into hundreds of billions. As many as 30 holdings remained entirely unchanged. The biggest alterations were the removal of three companies – Liberty Media (NASDAQ: LLYVK), Floor & Decor Holdings (NYSE: FND), and Sirius XM Holdings (NASDAQ: SIRI) – and a 96% reduction of the Ulta Beauty (NASDAQ: ULTA) stake. Simultaneously, two new stocks – Domino’s Pizza (NYSE: DPZ) and Pool Corp (NASDAQ: POOL) – entered the Buffett Portfolio, and one made a swift return: Sirius XM Holdings. Pool Corp (NASDAQ: POOL) Per the mid-November regulatory filing, Warren Buffett purchased 404,057 shares of Pool Corp, reported as worth $152 million on September 30, 2024, and approximately $146 million at press time on November 19. Though the stock of the swimming equipment supplier experienced a notable drop since the end of Q3 – and is, indeed, down 7.04% year-to-date (YTD) – it could have been a profitable play for ‘The Oracle of Omaha’ thanks to an early July dip. Specifically, the POOL shares dropped to about $296 on July 9, meaning that a purchase at that time would have risen 27% by the end of the trimester. POOL stock YTD price chart. Source: Google Domino’s Pizza (NYSE: DPZ) Domino’s Pizza, the international pizza restaurant chain, was another notable addition to the Warren Buffet portfolio, as the billionaire investor owned 1.277 million DPZ shares at the end of Q3, 2024. At the time, the stake…

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Filed under: News - @ November 19, 2024 4:19 pm