Warren Buffett’s Major Investment Before Departing as Berkshire Hathaway CEO
In his final quarter as CEO of Berkshire Hathaway, Warren Buffett made a significant investment in Chevron, acquiring over 8 million shares for more than $1 billion. This move has increased Berkshire’s total position in Chevron to $19.8 billion.
Despite Chevron’s stock lagging behind the S&P 500 by more than 10% in 2025, Buffett purchased shares at an average price of approximately $132. Following geopolitical developments, such as the capture of Venezuelan President Nicolas Maduro and increasing global energy prices due to the closure of the Strait of Hormuz, Chevron’s stock has risen 37% year-to-date, reaching $209 per share. This bold investment has yielded a 58% return for Berkshire Hathaway in less than six months.
