Charlie Munger has already gone down in stock market history as Vice Chairman of Berkshire Hathaway. He has worked with investment guru Warren Buffett for over 50 years. While the fate of the investment holding Berkshire is always the focus, Charlie Munger’s private portfolio can also be worth a look.
?? Charlie Munger is known for small depot
?? No new acquisition ?? Less Wells Fargo, more Bank of America
The portfolio of the Berkshire Hathaway Vice Chairman Charlie Munger is quite manageable. The now 96-year-old has only invested in four different companies. Munger has not changed the amount of shares either. What has changed, however, is the value of his portfolio.
This is how the Munger depot is set up in Q2
The Japanese steel manufacturer continues to hold the smallest position in Munger’s depot POSCO out. As in the first quarter of the current year, Munger owns 9,745 shares in the group. However, the price per share has changed so that the value of the shares is now $ 361,000.
In third place among the favorites of the Berkshire vice is a major US bank. Like his “boss” Warren Buffett, Munger seems to think highly of the US banking sector. The US Bancorp holds 140,000 shares valued at $ 5.155 million in the Mungers portfolio.
Meanwhile, the silver medal goes on Wells Fargo: With 1,591,800 shares, the bank has the second largest position in the Munger depot. The value of the Wells Fargo shares is $ 40.75 million.
1st place at Munger – and at Buffett?
Unbeaten in first place is the Bank of America. Charlie Munger owns 2,3,000,000 Bank of America shares. The value of this investment is thus 54.625 million US dollars.
As far as Bank of America is concerned, the “teacher becomes the student” here. Because while the vice chairman of Berkshire Hathaway held onto the shares in his private depository, that has Omaha Oracle further expanded its position in BoA stocks – and not until the end of July. Finanzen.net editors