Berkshire Hathaway’s (BRK.B) fourth-quarter 13F filing revealed that Warren Buffett continued his selling spree in the final quarter of the year. Based on the trades in Q4, the conglomerate’s cash pile looks set to have hit yet another record high after rising to $325 billion at the end of Q3.

Given the overbought and expensive stock market, these four Warren Buffett favorite dividend stocks look like safe ideas for investors now.

For this article, we analyzed Berkshire Hathaway’s 13F portfolio as of the third quarter of 2024 and identified dividend stocks. From that group, we picked 13 stocks with the highest number of hedge fund investors, tracked by Insider Money as of Q3 2024. The stocks are ranked in ascending order of hedge funds having stakes in them.