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Warren Buffett Just Sold His Only Vanguard ETF and Piled Into a Stock Up Over 8,500% Since 1986


Published on 2025-02-20 04:21:21 - MSN
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  • Within 45 days of the end of each quarter, fund managers with over $100 million in assets under management must file a 13F with the Securities and Exchange Commission (SEC) disclosing what stocks they owned at the end of each quarter.

Warren Buffett, through Berkshire Hathaway, has recently sold its stake in the Vanguard 500 Index Fund ETF (VOO), which was the only Vanguard ETF in its portfolio. Instead, Buffett has significantly increased his investment in Occidental Petroleum (OXY), a company whose stock has seen an impressive rise of over 8,500% since Buffett first invested in 1986. This move reflects Buffett's strategy of focusing on individual stocks with strong fundamentals rather than broad market ETFs. Occidental Petroleum has been a long-term holding for Buffett, and his recent purchases have further solidified his commitment to the oil and gas sector, particularly in light of current market conditions favoring energy stocks.

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