Value Fund Boosts AI Holdings, Increases Google, Nvidia Stakes by 75.17%, 49.56%

In the second quarter, a prominent investor known for following the value investment philosophy of Warren Buffett made significant adjustments to its portfolio. The fund aggressively increased its holdings in Google by 75.17%, adding 830,000 shares, and in Nvidia by 49.56%, adding 320,000 shares. These moves underscore the fund's strong belief in the potential of artificial intelligence (AI) technologies.

The fund's total portfolio value reached 115.3 billion dollars. As of June 30, the fund's investment portfolio was dominated by Apple, with a market value of 72 billion dollars, accounting for over 62% of the total portfolio. Following Apple were Berkshire Hathaway, Pinduoduo, Occidental Petroleum, and Alibaba Group.

One of the most notable changes was the reversal of the fund's previous trend of gradually reducing its holdings in Apple. In the second quarter, the fund bought back 894,000 shares of Apple, increasing its holdings by 2.61%. This move came at a time when market sentiment about the tech giant was mixed, signaling the fund's continued confidence in Apple's long-term value and solidifying Apple's dominant position in the portfolio.

In the AI sector, the fund made significant investments in Nvidia and Google. The fund added nearly 320,000 shares of Nvidia, increasing its holdings by 49.56%, which is a strong vote of confidence in the future prospects of the AI computing leader. More impressively, the fund bought over 830,000 shares of Google, increasing its holdings by 75.17%. These actions clearly indicate that the fund is concentrating its resources on what it believes are the core AI assets, demonstrating a firm belief and proactive strategy in this sector.

However, the fund's approach to the "AI trio" of Nvidia, Microsoft, and TSMC showed some differentiation. The fund did not fully invest in all tech giants but instead made small reductions in its holdings of Microsoft and TSMC. This shows that while the fund is optimistic about the AI sector, it is also making careful selections and judgments about specific investment targets.

In the area of Chinese tech stocks, the fund continued to show favor towards Pinduoduo. Following an increase in the first quarter, the fund added over 900,000 shares of Pinduoduo in the second quarter, increasing its holdings by 11.72%. This consistent increase made Pinduoduo the third-largest holding in the portfolio, reflecting the fund's high recognition of Pinduoduo's business model and growth potential.

The fund's investment strategy also showed some alignment with Warren Buffett's philosophy. In the second quarter, the fund made no changes to its second-largest holding, Berkshire Hathaway. However, the fund made minor adjustments to another "Buffett stock," Occidental Petroleum, reducing its holdings by 270,000 shares, or 1.95%. Additionally, the fund reduced its holdings in Alibaba.