Buffett’s Berkshire Increases Stake in Chevron and Occidental

In what was a rather uneventful quarter for Warren Buffett's Berkshire Hathaway, the massive hedge fund made only a few modest changes to its portfolio in Q4 2023, which as of Dec 31, 2023 was valued as $347.4 billion (at least the long book, short positions don't have to be disclosed). Among the notable changes, Berkshire sold out of its entire stake in homebuilder DR Horton (valued at $641MM in Q3), Markel ($234MM), StoneCo ($114MM) and Globe Life ($90MM). The fund also reduced its holdings in its top position Apple, by 10 million shares, cutting…