does warren buffett own chevron stock?

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Yes — does warren buffett own chevron stock? The short, documented answer is that Warren Buffett’s investment vehicle, Berkshire Hathaway, disclosed a new position in Chevron Corporation (ticker: CVX) in late 2020 and has held a material stake since then. Berkshire’s ownership has been actively managed through a series of buys and sells disclosed in SEC Form 13F filings and covered by financial press outlets. This article summarizes the history, size, rationale, filings, and how to verify Berkshire’s Chevron holdings with dated, attributable reporting.

Background

Warren Buffett and Berkshire Hathaway

Warren Buffett is the long-time chairman and CEO of Berkshire Hathaway, the publicly listed holding company that acts as his principal investment vehicle. Berkshire’s public equities are disclosed quarterly in SEC Form 13F filings, and major holdings are widely reported by financial media and data aggregators. When people ask "does warren buffett own chevron stock," they generally mean whether Berkshire Hathaway (not Buffett personally) holds Chevron shares as a public equity position.

Chevron Corporation (CVX) — company overview

Chevron Corporation is one of the world’s largest integrated oil and gas companies, engaged in exploration, production, refining, and marketing. Its cash flow generation and dividend history make it a common target for income-oriented institutional investors. Large-scale energy names like Chevron attract attention from long-term value investors and index-sized institutions alike.

History of Berkshire’s Chevron Investment

Initial purchase (Q4 2020)

Does warren buffett own chevron stock? The first public confirmation came after Berkshire’s Q4 2020 13F filing (filed in February 2021), which disclosed a new position in Chevron. Financial outlets reported that Berkshire’s purchase occurred after market dislocations tied to the COVID-19 pandemic and energy-price volatility.

• As of February 2021, sources reported Berkshire’s newly disclosed Chevron stake following the Q4 2020 filing (SEC Form 13F) that became public in mid-February 2021.

Sources typically attribute the initial position to opportunistic purchasing when energy sector valuations were depressed relative to historical norms.

Subsequent build-up and activity (2021–2023)

After the initial Q4 2020 disclosure, Berkshire continued to change its Chevron position across multiple quarters. Does warren buffett own chevron stock remained a recurring question as data aggregators and press outlets tracked large quarterly changes.

• In 2021 and the early part of 2022, Berkshire materially increased its Chevron holdings across reported quarters. Various aggregators and press stories described a meaningful build in early 2022.
• Later in 2022 and through 2023 Berkshire reported trims in the Chevron position in some quarters, while other filings showed repurchases at different times. The pattern was not strictly buy-and-hold for every quarter; Berkshire’s position reflected tactical adjustments.

As-of reporting notes: multiple financial outlets summarized Berkshire’s quarter-to-quarter transaction pattern during this period, highlighting both large additions and partial sales.

Recent activity and shifts (2023–2024)

Does warren buffett own chevron stock remained an active story in 2023 and into 2024 as 13F filings and reporting services showed further changes. Some reports described late-2023 or early-2024 repurchases, while others noted continued trimming at different times — illustrating that Berkshire’s stake in Chevron has been actively managed rather than permanently static.

• As of late 2023/early 2024, data aggregators and financial press summaries indicated additional buying activity in certain quarters alongside earlier trims. Exact timing and size differ by source because of filing cutoffs and public-report timing.

Overall, the position reflects a multi-year engagement with Chevron that included an initial entry in Q4 2020 and active reshaping through 2021–2024.

Size and Value of the Position

Reported share counts and portfolio percentage

When assessing "does warren buffett own chevron stock," the important follow-ups are: how many shares and what percentage of Chevron’s outstanding equity does Berkshire hold? Public reporting across aggregators offers a consistent qualitative picture:

• At various filing dates, data providers aggregated Berkshire’s Chevron holdings into the low-to-mid-hundreds of millions of shares. Different quarters showed different counts as Berkshire bought or trimmed the position.
• Those holdings have represented a noticeable single-digit percentage slice of Chevron’s outstanding shares at times, though the exact percent varies with share count and Chevron’s total float.

Because 13F filings report holdings as of quarter end and market prices change, reported share counts and percentages will vary between filings and providers. Always refer to the primary SEC filing for the precise number on a given date.

Estimated market value and ranking within Berkshire’s public holdings

The market value of Berkshire’s Chevron stake has been in the multibillion-dollar range at multiple reporting dates, depending on Chevron’s share price at the time of the filing. At times, Chevron ranked among Berkshire’s top five public-equity holdings by market value — making it a material position within the public-stock portion of Berkshire’s portfolio.

• Reported valuations (on filing dates) placed the position in the billions of dollars, occasionally ranking it near other large holdings by Berkshire.

Note: Because 13F entries do not capture private holdings or wholly owned operating subsidiaries, the ranking described refers specifically to Berkshire’s reported public-equity portfolio.

Disclosed Transactions (timeline and examples)

Major buys and sells (selected quarters)

To answer "does warren buffett own chevron stock" in practice means tracking quarterly 13F filings. Below are typical transaction patterns reported across multiple public sources (dates are given as reporting quarters or months when journalism coverage summarized the filings):

• Q4 2020 (filed Feb 2021): Initial disclosed stake in Chevron — media coverage flagged Berkshire’s new holding after the Q4 2020 13F filing.
• 2021–Q1 2022 (reported May 2022): Significant additions were reported across several filings; aggregators logged an increase in shares.
• Mid-to-late 2022: Multiple reports showed Berkshire trimming its Chevron position in some quarters.
• 2023: A mix of partial sales and occasional re-purchases were reported by filings and press summaries.
• Late 2023 / early 2024: Additional buys were reported in some quarters, with aggregators documenting renewed increases in share count on certain filing dates.

These are representative examples; for precise share counts and dates, the SEC Form 13F filings are the authoritative source.

Public reporting sources

Primary public reporting derives from:

• SEC Form 13F filings (quarterly): the legal disclosure of institutional holdings as of quarter end.
• Financial press and aggregators: outlets such as Motley Fool, Investopedia, Nasdaq summaries, StockCircle, and GuruFocus compile and analyze 13F data and provide narrative context.
• Company filings and proxy statements: for identification of largest shareholders and cross-checks.

As-of notes: many press stories tied to quarter filings were published in February 2021 (Q4 2020 filing coverage), May 2022 (Q1 2022 filing coverage), and at multiple points through 2023–2024 as filings were released and aggregated.

Investment Rationale and Public Commentary

Possible reasons for the investment

Analysts and press coverage have suggested several reasons Berkshire might hold Chevron shares. These reasons help explain "does warren buffett own chevron stock" beyond a simple yes/no:

• Dividend income: Chevron is a significant dividend payer, which can provide reliable cash income in a large portfolio.
• Cash-flow profile: Integrated energy companies can generate large, steady free cash flow in higher commodity-price environments.
• Value opportunity: Berkshire’s approach often looks for businesses or stocks trading below perceived intrinsic value; energy-sector dislocations in 2020–2021 created buying opportunities for some value managers.
• Portfolio diversification: Large-cap energy exposure can act differently than tech or financial holdings, offering industry diversification.

These rationales have been reported in coverage of Berkshire’s Chevron trades but are interpretations from market commentators rather than direct statements of Berkshire’s confidential decision-making process.

Buffett/Berkshire’s stated approach vs. market commentary

Buffett’s publicly stated investment philosophy emphasizes long-term value and durable business economics. However, Berkshire’s activity in Chevron demonstrates that the firm can and does make sizeable tactical changes in public-equity positions. Market commentary has therefore alternately described the Chevron position as a strategic energy bet and as opportunistic trading driven by macro and commodity volatility.

Importantly, Berkshire itself does not provide an explanatory narrative for every buy or sell; instead, investors read the 13F filings and infer motive from timing, position size, and public comments.

Portfolio Impact and Income

Dividend income contribution

Chevron’s dividend yield and cash distributions have been cited in press coverage as part of the rationale for holding the stock. When a holding is large — as Berkshire’s Chevron stake has been at times — the dividend income contribution to Berkshire’s public-equity cash flows becomes tangible.

• Reporters have noted that sizable Chevron positions generate meaningful annual dividend cash inflows to the portfolio when held through ex-dividend dates.

Allocation within Berkshire’s public-stock portfolio

Does warren buffett own chevron stock? Yes — and when the position is large, it has counted among the material public-equity allocations in Berkshire’s 13F portfolio. That means Chevron has sometimes been in the upper tier of Berkshire’s reported holdings by market value, alongside other major equity positions.

Because Berkshire’s overall public-equity exposure represents only part of its consolidated balance sheet (which includes large wholly owned businesses, insurance float, and private investments), Chevron’s placement among reported public-equity holdings is notable but should be viewed in the context of the whole company.

Discrepancies, Data Caveats, and How to Verify

Differences across data aggregators

When readers ask "does warren buffett own chevron stock," different data providers may show different share counts or valuations for the same filing date. Common reasons:

• Timing of pricing: Aggregators may use different end-of-quarter prices to value holdings, causing variance in reported dollar amounts.
• Cutoff and filing interpretation: 13F filings report holdings as of quarter end; some sources reformat or estimate slightly differently.
• Rounding and share-class treatment: Aggregators may present rounded numbers or may differ in how they treat ADRs, options, or related instrument disclosures.

These differences mean that small numeric mismatches across reputable sources do not necessarily indicate errors; they reflect methods and timing.

How to verify current holdings

For definitive verification of Berkshire’s public-equity portfolio, consult:

• SEC Form 13F filings for Berkshire Hathaway (quarterly): the legal disclosure of the firm’s long equity holdings as of the quarter end.
• Company proxy statements and investor-relations disclosures that list major institutional shareholders (periodically updated).
• Reputable financial data aggregators that cite the primary 13F filings and mark the filing date.

As-of reporting reminder: when citing any figure say explicitly the filing date being referenced (e.g., "As of the Q1 2022 13F filed in May 2022"). This avoids confusing the reader with out-of-date numbers.

Reception and Analysis

Market and analyst reactions

Berkshire’s entry into and subsequent adjustments of its Chevron stake attracted both praise and skepticism:

• Some analysts and commentators saw Berkshire’s purchase as a vote of confidence in large integrated energy producers, citing stable dividends and strong cash flows when commodity prices rose.
• Others treated the pattern of buys and trims as evidence that Berkshire was opportunistically trading the position, rather than demonstrating an unwavering long-term ownership thesis.

The conversation around "does warren buffett own chevron stock" therefore touches on a broader debate about whether Berkshire’s recent activity in energy names represents strategic allocation or tactical trading.

Criticisms and counterarguments

Common criticisms reported in coverage include:

• Timing risk: Critics argue that buying after a rally or trimming during dips may reduce long-term returns compared to a steadfast buy-and-hold approach.
• Concentration risk: Large positions in a cyclical sector like energy can increase portfolio volatility.

Counterpoints noted by commentators include Chevron’s dividend resiliency, cash-flow profile, and the view that tactical trimming and reallocation are consistent with prudent portfolio management rather than an abandonment of core investment principles.

Timeline / Chronology (concise list)

Below is a compact chronology highlighting major, publicly reported milestones related to Berkshire’s Chevron position. For exact share counts and dollar amounts, consult the SEC 13F filings for the stated quarter.

• Q4 2020 (reported Feb 2021): Berkshire disclosed a new position in Chevron in its Q4 2020 13F filing.
• 2021 (various quarters): Aggregated filings and press coverage reported additional purchases across several quarters.
• Q1 2022 (reported May 2022): Notable build documented by 13F aggregators and financial press.
• Mid-to-late 2022: Multiple reported trims and partial sales in some quarters.
• 2023: Mixed activity — trims in some quarters, partial re-purchases in others, according to filings and aggregator summaries.
• Late 2023 / early 2024: Reports of renewed buying activity in certain quarters, with differing reports across data services owing to timing.

This timeline is a summary; always read the quarter-specific 13F filing for precise dates and counts.

See Also

• Berkshire Hathaway public-equity portfolio (SEC Form 13F)
• SEC Form 13F: what it discloses and how to read it
• Chevron Corporation (CVX) — company profile and dividend history
• Warren Buffett investment philosophy and public commentary

References and Sources

This article synthesizes public SEC filings and reporting from major financial data and news aggregators. Key source types used in reporting and analysis include:

• SEC Form 13F filings for Berkshire Hathaway (quarterly) — primary legal disclosure for holdings (refer to the filing date when citing numbers).
• Financial press and aggregators summarizing filings and transaction history, including Motley Fool, StockCircle, GuruFocus, Investopedia, Nasdaq reporting, and other financial news outlets that reported on Berkshire’s purchases and sales of Chevron across 2020–2024.

As-of reporting examples:

• As of February 2021, coverage of Berkshire’s Q4 2020 holdings (SEC 13F filed in mid-February) identified a new Chevron position in Berkshire’s public-equity portfolio (reported by aggregated financial outlets).
• As of May 2022, several outlets summarized Q1 2022 13F filings that showed a marked increase in Berkshire’s Chevron holdings.
• As of late 2022 and 2023, data aggregators and press reported trimming activity across several quarters.
• As-of late 2023/early 2024, some reports documented further repurchases in specific quarters while others noted continued active management.

Note: exact share counts, percentage of outstanding shares, and market values vary by quarter and are best confirmed via the primary SEC filings for the quarter being referenced.

Appendix: How holdings are reported and common methodology notes

• Holdings valuation: Most public summaries multiply shares reported in 13F by the market close price at quarter end to estimate market value. Different providers may use slightly different price sources or rounding conventions.
• Reporting lag: 13F filings are due 45 days after quarter end and show holdings ‘‘as of’’ the quarter end. Trading that occurs after quarter end is not reflected until the next 13F.
• Ownership entity: 13F lists the institutional filer (Berkshire Hathaway). It does not always distinguish whether shares are held in separate subsidiaries or by particular internal accounts.

Practical tips: verifying whether Berkshire (Buffett) owns Chevron today

1. Check the most recent Berkshire Hathaway SEC Form 13F filing and note the filing date and quarter end. The 13F shows share count and market value for each reported position.
2. Cross-check aggregated reports from reputable financial-data services that cite the specific 13F filing date.
3. Read company proxy and investor relations disclosures for any additional notes about institutional shareholders.
4. Remember the 13F reporting lag: holdings may have changed after the filing date; always cite the quarter-end date when quoting figures.

Reader takeaways and next steps

• Does warren buffett own chevron stock? Yes — Berkshire Hathaway disclosed an initial Chevron stake in the Q4 2020 filing and has actively managed that stake through buys and sells across multiple quarters since then.
• For precise, up-to-date share counts and values, consult Berkshire Hathaway’s latest SEC Form 13F and specify the filing date when quoting any numbers.

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Further exploration: review Berkshire’s latest 13F filing and the most recent financial press summaries from the data aggregators named above to see the up-to-date status of Berkshire’s Chevron holdings.

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