Warren Buffett’s Berkshire Hathaway just revealed that 73% of its equity portfolio is concentrated in just 5 names. Here’s a look at these big bets from “Oracle of Omaha.” The legendary investor kept his biggest holdings intact for the third quarter, as the broader market experienced intense volatility due to the Federal Reserve’s aggressive tightening. Berkshire lost $10 billion from its investments during tumultuous times. The Legendary Investor once again asks investors not to focus on quarterly fluctuations in their stock investments. “Investment gains/losses for any given quarter are often meaningless, and providing figures for net income (loss) per share can be extremely misleading,” Berkshire said in a statement. great for investors with little or no understanding of accounting rules,” Berkshire said in a statement. As of the end of September, Apple was still the largest holding company in Berkshire, with a value of $126.5 billion. The tech giant has become Buffett’s favorite stock thanks to its quality products, loyal customer base, and massive buyback program. Shares rose 1% in the third quarter. Chevron was the third largest holding company as of the third quarter. Berkshire significantly increased its energy bets in the first quarter. Chevron just reported its second-highest quarterly profit ever, driven by surging global demand for oil and gas and rising output from oil fields in the United States. Shares of Chevron are up 56% this year. Other big bets include Coca-Cola, American Express and Bank of America, longtime Buffett holdings.