a 13F provides investors with a snapshot of what money managers with at least $100 million in assets under management were holding at the end of the most recent quarter (in this case, as of Dec. 31, 2022).
This snapshot allows investors to determine what the smartest, most successful fund managers bought, sold, and decided to continue holding in the latest quarter.
Over the past seven years, 13F filings have shown that Warren Buffett and his investing lieutenants (Todd Combs and Ted Weschler) have put big bucks to work in a select few companies.
This has been a wildly successful investment for Berkshire Hathaway, with an estimated unrealized gain of $98 billion (not counting dividends).
Apple has exceptional branding power, a loyal customer base, and a dominant lineup of products, led by the iPhone. It's also benefiting from the rapid growth of subscription services.