Warren Buffett hasn't seen a lot to like in the stock market lately. Through the first three quarters of 2024, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) sold $133 billion worth of stock from the portfolio he manages for the conglomerate. While he's made a few new purchases in that time, they total just $5.8 billion.

Although Occidental Petroleum is already a major holding of Berkshire Hathaway, the company purchased an additional 8.9 million shares of Occidental last

Warren Buffett has made significant changes to his portfolio in 2024 — here is how his five largest holdings have performed in 2024.

Since Warren Buffett became the CEO of Berkshire Hathaway ( BRK.A 0.80%) ( BRK.B 0.95%) in 1965, its stock has delivered a compound annual return of 19.8%. That would have been enough to turn a $1,000 investment into $42.5 million, whereas the same investment in the S&P 500 would have grown to just $325,053 over the same period.