October 7, 2022

NORDchinaz

The Business & Finance guru

Apple is Berkshire’s largest stock holding, but Buffett and Co. own a bigger share of these companies

This is 13F season — when investment companies report their holdings to the Securities and Exchange Commission. It’s always instructive to look at Berkshire Hathaway’s holdings to see if CEO Warren Buffett has been up to anything new, and of course to think about his favorite stock investments.

Berkshire Hathaway Inc.
BRK
is, of course, primarily a conglomerate of insurance companies, but also railroads, utilities and companies involved in power generation. Through its stock portfolio, Berkshire also has large investments in other industries, as you can see below.

The company’s quarterly 13F listing its stock holdings as of Dec. 31 was filed with the SEC on Feb. 14. One change of note from the previous quarter was that Berkshire Hathaway had bought shares of Activision Blizzard Inc.
ATVI
before the video game developer agreed to be acquired by Microsoft Corp.
MSFT
on Jan. 18. This is an all-cash deal valued at $68.7 billion, which will need to clear regulatory hurdles before completion.

Berkshire’s Activision shares were worth $975 million as of Dec. 31, which the Associated Press described as a “big stake.” However, that was actually Berkshire’s 24th largest stock holding as of the end of 2021. That’s hardly enough to move the needle for Berkshire.

Buffett has been a long-term holder of Apple Inc.
AAPL,
and Berkshire’s Apple shares were worth $157.5 billion as of the end of 2021. But Berkshire’s ownership stake in Apple was 5.41%. Within Berkshire’s stock portfolio, the conglomerate had larger ownership percentages in 15 companies.

Two lists of Berkshire’s largest stock holdings

First, here are the 20 companies for which Berkshire held at least 3% of common shares as of Dec 31:

Company

Ticker

Value of Berkshire Hathaway’s holdings – Dec. 31, 2021 ($mil)

Company market cap – Dec. 31, 2021 ($mil)

Berkshire ownership stake

DaVita Inc.

DVA $4,106

$11,592

35.42%

Kraft Heinz Co.

KHC $11,690

$43,943

26.60%

Liberty Media Corp. Series A Liberty SiriusXM

LSXMA $1,028

$4,954

20.74%

American Express Co.

AXP $24,804

$126,717

19.57%

Liberty Media Corp. Series C Liberty SiriusXM

LSXMK $2,197

$11,451

19.19%

Moody’s Corp.

MCO $9,636

$72,609

13.27%

Bank of America Corp.

BAC $44,939

$364,110

12.34%

VeriSign Inc.

VRSN $3,253

$28,194

11.54%

Coca-Cola Co.

KO $23,684

$255,787

9.26%

Store Capital Corp.

STOR $840

$9,380

8.95%

Bank of New York Mellon Corp.

BK $4,203

$47,964

8.76%

U.S. Bancorp

USB $7,101

$83,289

8.53%

RH

RH $974

$11,506

8.46%

Kroger Co.

KR $2,780

$33,278

8.35%

Globe Life Inc.

GL $595

$9,464

6.29%

Apple Inc.

AAPL $157,529

$2,913,284

5.41%

General Motors Co.

GM $3,518

$85,123

4.13%

StoneCo Ltd. Class A

STNE $180

$4,432

4.07%

Verizon Communications Inc.

VZ $8,253

$218,128

3.78%

Nu Holdings Ltd. Class A

NU $1,005

$32,440

3.10%

Sources: Berkshire Hathaway 13F filing on Feb. 14, 2022; FactSet

You can click on the tickers for more about each company.

Click here Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.

Here are Berkshire Hathaway’s largest stock investments by market value as of the end of 2021 — 23 companies valued $1 billion or more:

Company

Ticker

Value of Berkshire Hathaway’s holdings – Dec. 31, 2021 ($mil)

Company market cap – Dec. 31, 2021 ($mil)

Berkshire ownership stake

Apple Inc.

AAPL $157,529

$2,913,284

5.41%

Bank of America Corp.

BAC $44,939

$364,110

12.34%

American Express Co.

AXP $24,804

$126,717

19.57%

Coca-Cola Co.

KO $23,684

$255,787

9.26%

Kraft Heinz Co.

KHC $11,690

$43,943

26.60%

Moody’s Corp.

MCO $9,636

$72,609

13.27%

Verizon Communications Inc.

VZ $8,253

$218,128

3.78%

U.S. Bancorp

USB $7,101

$83,289

8.53%

Chevron Corp.

CVX $4,488

$226,214

1.98%

Bank of New York Mellon Corp.

BK $4,203

$47,964

8.76%

DaVita Inc.

DVA $4,106

$11,592

35.42%

General Motors Co.

GM $3,518

$85,123

4.13%

VeriSign Inc.

VRSN $3,253

$28,194

11.54%

Kroger Co.

KR $2,780

$33,278

8.35%

Charter Communications Inc. Class A

CHTR $2,496

$112,622

2.22%

Liberty Media Corp. Series C Liberty SiriusXM

LSXMK $2,197

$11,451

19.19%

Snowflake Inc. Class A

SNOW $2,075

$103,759

2.00%

Visa Inc. Class A

V $1,798

$361,346

0.50%

Amazon.com Inc.

AMZN $1,778

$1,691,003

0.11%

Mastercard Incorporated Class A

MA $1,432

$350,232

0.41%

Aon Plc Class A

AON $1,321

$66,223

2.00%

Liberty Media Corp. Series A Liberty SiriusXM

LSXMA $1,028

$4,954

20.74%

Nu Holdings Ltd. Class A

NU $1,005

$32,440

3.10%

Sources: Berkshire Hathaway 13F filing on Feb. 14, 2022; FactSet

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