Warren Buffett hasn't seen a lot to like in the stock market in 2023, but there's one stock he keeps buying.

The Oracle of Omaha has been a net seller of stocks through the first nine months of the year. Total equity sales for Berkshire Hathaway came to $32.8 billion as of the end of September, while stock purchases totaled just $9.1 billion during the period. On top of that, Buffett sold about $1.3 billion of HP stock so far this quarter, continuing to sell off Berkshire's stake in the company.

But recent SEC filings indicate Buffett has been adding to one of his top holdings: Occidental Petroleum (NYSE: OXY). He purchased 10.5 million shares of the oil company last week for about $589 million. That brings Berkshire's total stake in Occidental to 27.2%, and it still holds an additional $8.5 billion in preferred shares and warrants.

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Source Fool.com