Group 1 - Warren Buffett has been a net seller of stocks for nine consecutive quarters, but he initiated a new position in Constellation Brands by purchasing 5.62 million shares in Q4 2024 [1][2] - Buffett increased his stake in Occidental Petroleum, which has been a consistent investment for Berkshire Hathaway, and also added shares in SiriusXM Holdings [3][11] - Berkshire Hathaway is now the largest shareholder of Verisign, holding a 14% stake worth over $3 billion at the end of 2024 [4] Group 2 - Buffett bought an additional 1.1 million shares of Domino's Pizza, increasing Berkshire's stake by approximately 86.5%, and also boosted his position in Pool Corp by around 48% [5] - Most of the stocks purchased in Q4 have experienced double-digit percentage declines over the last 12 months, with Domino's and Verisign being exceptions [6] - The valuations of the stocks vary, with Occidental at a forward earnings multiple of 13.1, Constellation at 10.9, and SiriusXM at around 8.9, while Domino's, Pool, and Verisign trade at higher multiples of 26x to 29x [7][8] Group 3 - SiriusXM offers the highest dividend yield at 3.98%, while Constellation Brands has a yield of 2.48%, and other stocks pay yields between 1% and 2% [9] - SiriusXM may appear to be the best stock based on its low forward earnings multiple and high dividend yield, with Constellation as a strong second [10] - Buffett has built a larger stake in Occidental than any other stock purchased in Q4, indicating its significance in his investment strategy [11][12]
Warren Buffett Bought 6 Stocks in Q4. Here's the Best of the Bunch.