Charlie Munger Portfolio 【Recent Holdings Q3 2021】 – DATAROMA

Charlie Munger’s Stock Holdings for Q3 of 2021 from Latest 13F Filing

Out of the many successful people in The United States of America, who have raised their worth to ‘billionaires,’ one is Charlie Munger. Munger has gotten this reputation through various job titles such as investor and businessman.

Other titles include architectural designer, philanthropist, and real estate attorney. His success story holds a large chunk of an American multinational conglomerate holding company – called Berkshire Hathaway.

Portfolio Period: Q3 2021

Charlie Munger’s Portfolio Value: $225.22 Million USD

Charlie Munger’s Stock Holdings Q3 2021:

Stock% of portfolioSharesValue%Change
BAC - Bank of America Corp.43.352.3M97.63M
WFC - Wells Fargo33.821.59M73.87M
BABA - Alibaba Group Holdings17.59302,06044.72MAdd 82.71%
USB - U.S. Bancorp3.74140,0008.32M
PKX - POSCO0.359,745672K

Portfolio Period: Q1 2021

Charlie Munger’s Portfolio Value: $197.11M

Top 5 Charlie Munger holdings:

Charlie Munger’s current portfolio and holdings have some of the biggest American corporation names which have a great deal of stake in America’s economy and businesses. So, what stocks does Charlie Munger own? Unsurprisingly and quite naturally, Charlie Munger’s stock portfolio has holdings in the following list of the world’s leading companies: 

Charlie Munger’s 13f Filing: 

His portfolio is prestigious due to his shares in various established and wealthy companies and corporations. These companies mainly lie in the domain of finance. Nevertheless, Munger has not bounded himself by finance but has also invested in materials and communications companies. 

Quite surprisingly, Charlie Munger 13f filing does not show any changes in shares, except in his third-largest holding in the Alibaba Group. The change in shares in BABA has significantly risen by a large number, while the change in others remains to be 0%. 

With the current Covid-19 pandemic, Charlie Munger’s portfolio, like everyone else’s has experienced significant falls. But for the most part, the depth of these falls hasn’t been too deep, and he has managed to survive and maintain his high-held status either way.   

Charlie Munger’s Stock Holdings Q1 2021:

Stock% of PortfolioValue% Change
BAC - Bank Amer Corp.45.15%$ 88.99M0%
WFC - Wells Fargo & Co New31.55%$ 62.19M0%
BABA - Alibaba Group Holding Ltd Sp A19.02%$ 37.48MNEW
USB - U.S Bancorp..3.93%$ 7.74M0%
PKX - Posco0.36%$ 704k0%

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1. Bank of American Corp. (BAC): 

bank of america investment of charlie mungerAs a part of Charlie Munger current stock holdings, Bank of America contributes 45.15% of his investments in stocks, having a total value of $88,987,000.

The Bank of America Corporation is a multinational investment bank, with its headquarters located in North Carolina. However, Bank of America Corporation was founded in San Francisco, also functioning as a financial services holding company. 

Following JP Morgan Chase, BAC is the second-largest banking company in The United States of America. Nationally – out of the Big Four banks, one of the spots is taken by the Bank of America. Considering it outside the realms of The States, BAC is the eighth largest bank across the globe. The services and facilities provided are encompassing investment and commercial banking, and wealth management, providing roughly 10.73% support to America’s bank deposits. 

2. Wells Fargo (WFC): 

Wells Fargo’s contribution to Charlie Munger daily journal portfolio is 31.55%, with a value of $62,192,000.

Wells Fargo and Company is an American multinational company, with offices spread out in the entire country, and its headquarters situated in California and Manhattan – the hubs of America.

Since 2014, Wells Fargo has noticeably been on top of many banking lists, enlarging its operations to more customers and clients each day. For instance in 2015, by market capitalization, Wells Fargo became the world’s largest bank, leaving a very minimal margin with ICBC. On another occasion in 2018, by total assets, Wells Fargo became the fourth largest bank in the United States of America. Even today when considering total assets, WFC is the fourth largest banked in The States. Considering revenue, WFC has been awarded the 30th position in the list of the world’s largest corporations, as reported by Fortune 500 in 2021. 

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3. Alibaba Group Holdings (BABA): 

BABA contributes 19.02% of his portfolio, having a value of $37,483,000.

Alibaba is a multinational company immersed in e-commerce with a large variety of products that it sells.  Not like most multinational companies stationed in The United States of America, Alibaba is a company located in China. The platform that is currently existing under the control of the BABA group is known as Alibaba.com. 

Alibaba Group Holding has its areas of expertise revolving around e-commerce, retail, internet, and technology. The features provided by Alibaba which are respected and well-liked by customers are – the services provided via online portals, electronic payment, a variety of shopping products, and cloud computing. 

Reported in 2014 – the BABA group managed to attain $231 billion as their market value price. In 2018, Alibaba broke the $500 billion valuation mark, becoming the second company in Asia to have this accomplishment. At the latest, in 2021, Forbes Global ranked it the 31st largest company operating publicly. Along with Alibaba’s countless other successes in 2021, Alibaba managed to bag the sixth-highest global brand valuation and was pronounced the fifth-largest company in the world to be actively engaged in Artificial Intelligence. 

4. U.S. Bancorp (USB): 

Munger’s share at the U.S. Bancorp comes out to be 2.93%, at $7,743,000.

U.S. Bancorp is a bank holding company based in America which is a part of Charlie Munger daily journal current holdings and investments. USB is 3.93% of the investment, banking, and trust. Other services include mortgage and payment services offered to government and financial offices; and private companies and individuals.  

While also upholding the spot of the fifth largest institution majoring in banking in The States, U.S. Bancorp is also the parent company of the entire U.S. Bank National Association. Moreover, its successes also continue in the ownership of Elavon and Elan Financial Services, which are transaction and issuance companies of credit cards, respectively. 

USB attained the 117th rank on the Fortune 500. Additionally, the Financial Stability Board has remarked U.S. Bancorp to be one of the few systemically important banks in the country. 

5. POSCO (PKX):

It is the fifth holding of Charlie Munger investments, having a value of $704,000 and 0.36% of his stocks.

Unlike the aforementioned companies, mainly located and based in The United States of America, POSCO is a company based in Pohang, South Korea. POSCO is a South Korean company focusing its work on steelmaking, having a huge output of 42 million tons of crude steel as recorded in 2015. 

By the results PKX was able to produce and showcase in 2015, it became the fourth largest steelmaking company in the world. Other than that, in 2010, it was in fact, the largest steelmaking company across the globe considering its market value. Furthermore, in 2012, Fortune Global 500 stated that POSCO was 146th on the list of the world’s largest corporations. 

Besides functioning and operating in South Korea, its huge triumphs led the company to create a joint venture with U.S. Steel, launching USS-POSCO in California, United States. 

Returns of Charlie Munger’s holdings: 

Since Charlie Munger graduated from the Law program of well-renowned Harvard University, he has witnessed his value and net-worth increasing as he jumped from various jobs and firms to some other. Working as the vice president of Berkshire Hathaway, his shares and holdings on the behalf of the company – have been in some of the world’s leading banking or manufacturing companies, as seen in the list provided above. These companies have undoubtedly brought returns as a result of the deals that were made. 

In 2021, the company bought its own stocks, spending nearly $6.6 billion in the first quarter. Combined with this; however, during the first quarter, the company achieved to sell more stocks than it had purchased, thereby, gaining $6.45 billion from sales, and losing $2.45 on purchases. 

Despite the shares falling now and then, Berkshire Hathaway has still managed to reach a gain of 20% from 1965 to 2021. But, in recent times, the total returns of the company have fallen. In the last five years, the total returns of the company have been a steady 14% – a lesser value than its preceding years.

Charlie Munger’s net worth:

Charlie Munger net worth comes out to be $2.3 billion, as reported by Forbes

Charlie Munger’s current profession:

charlie munger stock holdingsCurrently, Charlie Munger is the vice president of Berkshire Hathaway.

Berkshire Hathaway is a company with various and distinct holdings in groups specializing in freight rail transportation, manufacturing, and insurance. Other specializations are energy generation and distribution and retailing. It is reported that the revenue Berkshire Hathaway earns is greatest from insurance, followed by manufacturing.

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Charlie Munger’s source of wealth: 

Charlie Munger has had to go through a long journey to earn the wealth he has today. He did not become the vice president of Berkshire Hathaway in a glance, rather he worked his way up by first joining Wright and Garret’s law firm. Later, he succeeded in discovering his real estate company, Munger, Tollens, & Olson. It was then he gave up his career in law and started focusing on investment management. Throughout the years, he continued to expand his career by working with different personalities such as Otis Booth and Jack Wheeler. He ran partnership companies and was the chairman of Daily Journal Corporation and Wesco Financial Corporation, which have their equities concentrated in massive companies like Coca-Cola and Krafts Food. At the present, Munger’s source of wealth is also from Berkshire Hathaway.

It is through several means that Charlie Munger has earned his wealth and has established himself to be in the position that he currently holds. These constant efforts, perseverance, and determination have led Munger to be a billionaire.