Warren Buffett – Which are the top stocks owned by Warren Buffett?
Buffet serves as the CEO and Chairman of Berkshire Hathaway, which has invested in a large number of companies. Here, we explore some of the stocks, which represent Berkshire Hathaway’s top investments.
Berkshire Hathaway holds 887.14 million shares of the largest technology company and owns a 5.32 percent stake in the company.
Apple has a market value of US$2.16 trillion. Its stock is down 2.3 percent year to date. The share price traded between US$86.18 and US$145.09 in the 52-week period.
Apple posted record net sales and earnings of US$274.52 billion and US$57.41 billion respectively during fiscal 2020 ended Sept. 26, 2020. Meanwhile, the company’s net sales totaled US$201.02 billion during the six months ended March 27 as its revenue jumped 54 percent in the fiscal second quarter.
Berkshire Hatchway owns approximately one billion shares in Bank of America, representing an 11.79 percent stake.
Bank of America offers investment banking and other financial services. The company serves around 66 million consumers and businesses. It has 4,300 retail financial centers and operates in approximately 35 countries.
North Carolina-based Bank of America’s market capitalization is US$354.68 billion. The stock is up 36 percent year to date. The share price has a 52-week trading range of US$22.39 to US$43.49.
In the quarter ended March, the company reported revenue of US$22.8 billion. Net income came in at US$8.1 billion.
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Berkshire Hathaway has American Express’s 151.6 million shares, giving it ownership of 18.87 percent. This global financial services company had issued 68.9 million cards by the end of 2020. It has also secured approval to operate in China.
The New York-based company’s total revenue in the first quarter ended March 31US$9.06 billion. Net income totaled US$2.24 billion.
READ MORE: Which Are 10 Largest Stocks On Dow Jones Index?
Berkshire Hathaway holds 400 million shares of Coca-Cola, representing a 9.28 percent stake.
The Atlanta-based company’s market cap totals US$238.91 billion. Its share price is up 1 percent year to date. The share price has a 52-week range of US$43.51 to US$56.48.
Coca-Cola had US$9.02 billion in net operating revenues during the first quarter while net income was US$2.24 billion. In 2020, the beverage giant reported net revenues of US$33 billion.
Kraft Heinz Company (NASDAQ: KHC)
Berkshire Hathaway holds 325.6 million shares in Kraft Heinz with a 26.62 percent stake.
This Illinois-based food company owns popular brands including Capri Sun, Oscar Mayer, and Maxwell House. It generated US$26 billion in net sales during 2020.
Kraft Heinz is valued at US$52.30 billion on NASDAQ. The stock gained 23 percent year to date. The shares traded in the range of US$28.56 to US$44.95 in 52 weeks.
In the March quarter, Kraft Heinz’s net sales were US$6.39 billion and had a net income of US$568 million.
Kraft Heinz has been recently trimming its portfolio to reduce costs. The company sold its cheese business for US$3.2 billion last year while it offloaded nuts business for US$3.35 billion.
The company has set a cost-cutting target of US$2 billion through 2024.
READ MORE: Kraft Heinz: A Rising Warren Buffet Stock
Warren Buffet owns 158.8 million Verizon shares, representing a 3.84 percent stake in the company.
Verizon offers data, video, and voice services through its wireless and wireline services. The company also offers a 5G wireless network.
The telecommunications conglomerate market cap totals US$237.18 billion. The stock lost over 2 percent this year. The shares have a 52-week trading range of US$52.85 to US$61.95.
In the first quarter, Verizon reported US$7.8 billion in revenue and US$5.4 billion in net income. The company recently announced a US$5 billion deal to sell its media business: Yahoo and AOL.
READ MORE: Verizon To Sell Media Businesses Including Yahoo, AOL To Apollo For US$5B
Moody’s Corporation (NYSE: MCO)
The New York-based risk assessment company provides credit rating opinions, and data and analytic solutions.
Berkshire Hathaway owns Moody’s 24.6 million shares and holds a 13.18 percent stake.
Moody’s has a market capitalization of US$65.69 billion. The share price is up approximately 21 percent year to date. Its stock traded between US$253.17 and US$352.84 in 52 weeks.
In 2020, Moody’s reported revenue of US$5.4 billion. About 61 percent of the revenue came from its credit rating business. Meanwhile, in the recent March quarter, Moody’s reported revenue of US$1.60 billion while net income came in at US$736 million.
READ MORE: Warren Buffett Names Greg Abel As His Successor at Berkshire Hathaway
US Bancorp (NYSE: USB)
Berkshire Hathaway holds 129.6 million shares in US Bancorp, representing an 8.71 percent ownership.
US Bancorp owns one of the top commercial banks: the US Bank National Association. It has 70,000 employees and US$553 billion in assets at the end of March quarter.
The bank holding company has a market capitalization of US$87.16 billion. Its share price grew about 25 percent this year. The stock traded between US$ 34.01 and US$62.47 in 52 weeks.
In the first quarter ended March, U.S. Bancorp posted a net income of US$2.28 billion with US$5.47 billion in net revenue.
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