There is one stock he has never sold since buying in 1991, though: American Express ( AXP -0.20%). Buffett owns over 20% of the credit card issuer and bank, making it the second-largest position in the Berkshire Hathaway portfolio. The position trades at a value of $40 billion as of this writing.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. For most of 2024, Warren Buffett has been a net seller of some of his holdings Buffett’s huge cash position may indicate he feels the stock market is fully valued Given the