List of assets owned by Berkshire Hathaway Wikipedia

warren buffett owned companies
warren buffett owned companies

One of Buffett’s most legendary purchases for Berkshire Hathaway was Nebraska Furniture Mart. Because insurance premiums are collected up front, and only paid out when and if something happens, insurance companies hold on to a huge amount of money to cover future payouts. Buffett has used this “insurance float” to make major investments, which is one of the keys to his success.

Bank of America makes up more than 10% of Berkshire Hathaway’s holdings. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. It shows Berkshire Hathaway does not disclose any data about the diversity of its board of directors, C-Suite, general management, and employees overall. It also shows Berkshire Hathaway does not reveal the diversity of itself by race, gender, ability, veteran status, or LGBTQ+ identity. At the time of its acquisition, roughly 70% of its sales came from the aerospace industry, with 17% coming from making turbines for power generation companies. Take the best of Warren Buffett’s portfolio and you’re likely to beat the market, again and again.

warren buffett owned companies

There were 132,853 public schools in the United States in 2016, for instance, Education Week estimates. Thus, Oriental Trading has hundreds of thousands of potential customers all over the United States. Oriental Trading sells party, teaching, and other supplies to organizations through catalogs and a website. Oriental Trading makes money by tapping obscure markets like Vacation Bible School and classroom decorations. To explain, Uber and Lyft drivers will need vehicles and insurance, and Berkshire Hathaway Automotive could provide those vehicles through its dealerships. Once again, Berkshire Hathaway profits by owning an obscure company that provides vital products.

White + Warren Essential Cashmere Crewneck Review: The Softest, Best Cashmere Sweater

Warren Buffett’s Berkshire Hathaway owns a 38% stake in Pilot Corporation, the largest privately owned Truck stop operator in the USA. At the Berkshire Hathaway annual shareholder meeting, there is always a See’s Candies stand where investors can purchase the sweeties. Warren Buffett’s company Berkshire Hathaway currently owns stock in 50 companies, according to its latest 13F SEC securities filing. Warren Buffett is a lifelong fan of journalism and newspapers who delivered newspapers as a college student. Buffett owns 30 daily newspapers and many other holdings through the BH Media Group. Buffett is a strong advocate of homeownership who has great faith in the resilience of the American economy.

  • Warren Buffett’s Berkshire Hathaway no longer owns shares in any vacuum cleaner companies.
  • Its equity portfolio includes sizable stakes in several leading blue-chip stocks.
  • The total float for all Berkshire’s insurance businesses was $138 billion dollars as of the end of 2020.
  • It has backtesting, great charts, stock screening, and an active community of over 3 million people sharing ideas, plus a free plan available globally.
  • Warren Buffett Berkshire Hathaway is one of the most stable and successful companies of all time, having increased by 817% over the last 20 years.

Credit Suisse, meanwhile, believes that cash flow return on investment is a key part of Buffett’s screening process. They add that he looks for strong management teams, high returns on equity, little or no debt, stable profit margins, and businesses that are easy to understand, Barron’s notes. However, Buffett – through his Berkshire Hathaway holding company – isn’t solely focused on the public markets. Buffett first bought preferred stock in OXY in 2019, when the company was looking for financing for its purchase of Anadarko Petroleum. Since then, Berkshire has built a large stake in the company, and some say Buffett intends to acquire the entire firm outright. Occidental currently makes up almost 4% of Berkshire Hathaway’s holdings.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Buffett took over Berkshire Hathaway in the 1960s and turned it into a holding company with subsidiaries in various industries, including insurance, rail freight and energy. Still, the company also operates a range of travel-related services, banking products, merchant services and payment and expense management systems.

The total float for all Berkshire’s insurance businesses was $138 billion dollars as of the end of 2020. Berkshire Hathaway Inc. (BRK.B), a giant conglomerate and one of the world’s largest companies, was founded by its current chair and CEO, billionaire Warren Buffett. Originally created by the 1955 merger of two New England textile manufacturers, Berkshire Hathaway was acquired by Buffett in 1965. It is now a holding company for the many acquisitions and investments Buffett has made over the decades. Warren Buffett founded Berkshire Hathaway and is the current chairman and CEO, but he does not own Berkshire Hathaway.

Berkshire has been lagging the market, so a big acquisition that can improve returns significantly would be welcome by its shareholders. The table below shows how far Berkshire stock has fallen behind the market recently. An analytic framework based on seven key metrics has been developed by Wells Fargo in its attempt to replicate Buffett’s decision criteria. Berkshire purchased Fruit of the Loom for $835 million in cash in 2002, nearly three years after Fruit of the Loom filed for Chapter 11 bankruptcy protection. While the company previously faced manufacturing and inventory issues, Berkshire has turned the business profitable again.

Holdings are the securities held within the portfolio of a mutual fund, hedge fund, pension fund, or any other fund type. The Oracle of Omaha is a nickname for Warren Buffett, chair and CEO of Berkshire Hathaway, who is arguably one of the greatest investors of all time. BNSF was created in September 1995, when Burlington North Inc. and Santa Fe Pacific Corp. merged. GEICO was just one of Buffett’s insurance deals, having first purchased National Indemnity in 1967.

Those companies include General Motors, American Express, and 5.6% of Apple, one of the world’s largest companies. Wells Fargo, Bank of New York Mellon, and 9.2% of Coca-Cola are also significant holdings. A special purpose acquisition company is a publicly traded company created for the purpose of acquiring or merging with an existing company. He added, “So we will never comment on those stories, no matter how ridiculous they are.” Accordingly, Berkshire has not responded to a request for comment by Barron’s.

Top 10 Warren Buffett Stocks

Bank of America is a leading U.S. financial firm and bank holding company. Its robust consumer business offers checking and savings accounts, credit cards and mortgages. It also caters to business customers around the globe with financial products and services.

Connect With Me on TradingView Our Review Winning Trading Platform. To invest in Warren Buffett’s company, you must buy Berkshire Hathaway Inc shares. There are two types of BRK shares, the BRK.A class stock costs $465K per share. Both classes of BRK stock make the same percentage increases and decreases, but the class B stock has a lower price making it more accessible to retail investors.

Chevron Corp (CVX)

Buffett runs Berkshire Hathaway, which owns dozens of companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. As of June 30, 2022, Berkshire Hathaway had $26.534 billion in cash and cash equivalents, and $74.803 billion in short-term investments in U.S. treasury bills. My favorite AI trading software is TrendSpider which enables automatic pattern recognition for Trendlines, Candlesticks, and Fibonacci levels. Trade Ideas uses AI to generate high probability daily trading signals for auto-trading. There is plenty of evidence to suggest Warren Buffett’s Berkshire Hathaway management team are skilled leaders who are able to improve the efficiency and profitability of the companies they own.

How Does Warren Buffett Select Companies To Invest In?

Did you know that Berkshire Hathaway owns International Dairy Queen? The first Dairy Queen opened in Joliet, Illinois, in 1940, and the company sold more than 175 million Blizzards in 1985. Dairy Queen was actually a pioneer in its early days, as soft-serve ice cream was not widely available at quick-serve locations back then.

Companies for which Berkshire Hathaway owns wholly or controls a majority of voting shares. My favorite software for trading is TradingView because it does everything well. It has backtesting, great charts, stock screening, and an active community of over 3 million people sharing ideas, plus a free plan available globally. Warren Buffett’s Berkshire Hathaway no longer owns shares in any vacuum cleaner companies. In 2021 Berkshire Hathways Scott Fetzer Companies sold Kirby, the manufacturer of premium vacuum cleaners.

This auto insurance giant is Berkshire Hathway’s highest-profile holding because of vast amounts of silly advertising. In particular, Geico’s mascot, the Gecko, is a constant presence on American television. Interestingly, Fruit of the Loom is one of several clothing makers Berkshire Hathaway owns. Fruit of the Loom is often cited as a classic value investment because Buffett bought it from a bankruptcy court. Fruit of the Loom also owns the Russell Athletic, Spalding, Jerzees, and Vanity Fair brands.

Gen Re claims to have $14 billion in capital and $9 billion in premiums. Through his holding company Berkshire Hathaway, Warren Buffett owns Stakes in Apple, Bank of America, American Express, Goldman Sachs, Wells Fargo, Coca-Cola, Visa, and Mastercard. With over $211 Billion invested in over 60 companies, the Buffett/Berkshire warren buffett owned companies portfolio is one of the largest and most profitable globally. Buffett first received a stake in the company when it was spun out of Dun & Bradstreet, which he owned but subsequently sold off. Moody’s is a financial services company that publishes bond and credit ratingson companies and governments.

However, Kraft-Heinz is an independent publicly-traded company that Berkshire owns 26.7%. Even though most of Berkshire’s operations focus on the USA, Gen Re operates 40 offices worldwide. Like several Berkshire Hathaway subsidiaries, Gen Re has several subsidiaries, including General Star, USAU, and Faraday. Faraday underwrites insurance through the historic British insurance market Lloyd’s of London.