<div id="readability-page-1">Warren Buffett has made some rather bearish moves in Berkshire Hathaway's (BRK.A 0.80%) (BRK.B 0.95%) stock portfolio in the past few quarters. Most notably, the legendary investor disposed of significant portions of both the Apple and Bank of America investments that have performed extremely well for Berkshire. It's been quite a while since Buffett and his team have been net buyers of stocks. However, we recently learned that Buffett took advantage of the recent stock market sell-off by adding to three of Berkshire's existing stock positions. Here's what he bought, where these investments stand in Berkshire's portfolio, and some important things we don't know. <h2>Three stocks Buffett can't stop buying</h2> After the Federal Reserve announced its latest interest-rate decision, financial markets sold off as the pace of future rate cuts appears that it will be slower than most had expected. During the sell-off, Warren Buffett-led Berkshire Hathaway bought shares of three stocks: <ul> <li>9 million shares of Occidental Petroleum (OXY 0.58%)</li> <li>5 million shares of Sirius XM (SIRI 0.60%)</li> <li>234,000 shares of VeriSign (VRSN 0.76%)</li> </ul> The Occidental purchase was the largest in terms of dollar value, with a cost of approximately $405 million. The other two combined for about $158 million in total purchase volume. After the purchases, Berkshire owns a total of 28.2% of Occidental, a stake Buffett has built steadily in recent years. With the new purchases, Berkshire also owns nearly 35% of Sirius XM and 13.6% of VeriSign. To be perfectly clear, we don't know why Warren Buffett and his team decided to make these purchases. Buffett rarely speaks publicly about specific stock purchases, but the fact that all three stocks have underperformed the market recently likely has a lot to do with it. <h2>There could be others we don't know about</h2> It's important to mention that these three stocks are unique in Berkshire's portfolio. Typically, we only learn about Berkshire's stock portfolio activity when the company reports its quarterly 13-F filing to the SEC, which comes 45 days after the end of each quarter. (The latest one happened in mid-November.) The only reason we know about these three moves is that Berkshire is required to disclose them in a timely manner because it owns more than 10% of each of the three companies. This rule is why we didn't know about the Apple stock sales right away. Although Apple was (and still is) a massive investment for Berkshire, it represents far less than 10% of the tech giant. However, Berkshire owned well over 10% of Bank of America at the start of 2024. We don't know for sure if these are the only three stocks Berkshire has been buying recently or if there were others. We won't find out until the fourth quarter 13-F filing is released in February. <h2>Buffett is seeing some opportunities</h2> Berkshire's cash stockpile swelled to more than $325 billion at the end of the third quarter, mainly fueled by some major stock sales in its portfolio. Not surprisingly, many investors believe Buffett has soured on the stock market and is expecting tough times ahead. While we don't know Buffett's current opinion on the market, and these buys represent about 0.2% of Berkshire's cash, it's an encouraging sign that he's still finding some attractive places to put at least a little of Berkshire's capital to work. </div>

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Warren Buffett's Berkshire Hathaway has recently made notable stock purchases despite previous bearish moves. Amid a market sell-off following the Federal Reserve's interest-rate decision, Buffett acquired 9 million shares of Occidental Petroleum, 5 million shares of Sirius XM, and 234,000 shares of VeriSign, totaling approximately $563 million. Berkshire now holds significant stakes in these companies, with 28.2% in Occidental, nearly 35% in Sirius XM, and 13.6% in VeriSign. The purchases suggest Buffett sees opportunities in underperforming stocks, although the full extent of recent acquisitions will be revealed in the upcoming quarterly filing.

- Warren Buffett has recently made significant stock purchases for Berkshire Hathaway, including 9 million shares of Occidental Petroleum, 5 million shares of Sirius XM, and 234,000 shares of VeriSign, totaling approximately $563 million.  
- These investments come after a market sell-off following the Federal Reserve's interest-rate decision, and they represent a notable shift as Buffett has been a net seller of stocks in recent quarters.  
- While the reasons for these purchases remain unclear, they suggest Buffett is still identifying opportunities in the market despite a substantial cash reserve of over $325 billion.

3 Stocks Warren Buffett Still Can't Stop Buying as This Year Comes to an End