Warren Buffett’s Holding Company

Berkshire Hathaway is a conglomerate with diverse investments. Warren Buffett makes this company known because it is his company. His long-time partner at the firm is Charles Munger. The types of businesses Berkshire Hathaway owns is retail, candy, banks, railroads, furniture, jewelry, newspaper publishing and more. As the third largest public company in the world, Berkshire Hathaway is known for having the most expensive share price in history. Berkshire Hathaway’s Apple stock is worth $28.21 billion in market value, which is up from $7.9 billion in 2016. There are not many technology stocks held by Buffett because he feels they are risky and too expensive.

Berkshire Hathaway’s stock portfolio in 2018 created 20.9% annual gain between 1965-2017. Buffett sold out of General Electric. Berkshire has a $116 cash investment ready to buy more companies. Besides Apple, Berkshire has invested in Wells Fargo, Coca-Cola, American Express and Kraft Heinz, and Dairy Queen. Berkshire holds American Express at 7.87% of its portfolio or $15.1 billion, compared to Apple’s $28 billion. Kraft Heinz is $25.3 billion of Berkshire’s assets. Bank of America has $20 billion in assets, while Coca-Cola is $18.4 billion. American Express is $15.1 billion. The 5 smallest holdings of Berkshire are another matter.

These are Proctor & Gamble, Liberty Global, Mondalez International, UPS, and Verizon. Berkshire’s total holdings of these 5 are $86 million of the firms’ total assets. Berkshire also owns Fruit of the Loom and Geico. Buffett’s track record of being concentrated when buying stock options has to serve him and his investors well. Berkshire has sold $364 million of Wells Fargo shares. Berkshire Hathaway has recently announced that they would be teaming up with Amazon and JP Morgan Chase to work on their employees’ existing health care coverage since Congress continually deadlocks and doesn’t help.

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