5 Biggest Berkshire Hathaway Investment Portfolio in 2023

5 Biggest Berkshire Hathaway Investment Portfolio in 2023

5 Biggest Berkshire Hathaway Investment Portfolio in 2023- There 5 Biggest Berkshire Hathaway Investment Portfolio in 2023. All the data were obtained from third Quarter Report of Berkshire Hathaway in 2023. As one of the biggest global companies from United States of America established by Oliver Chace in 1839, Berkshire Hathaway has long history and journey in doing different business.

In the beginning Berkshire was just the textile company. After some merger with another textile, they experienced the golden and doom era of textile industry. Until In 1962, Warren Buffett started buying stock in Berkshire Hathaway because it was financially undervalued, and Buffett decided to buy more of the stock to take control and sacked Seabury Stanton later. Although he closed the textile business of Berkshire Hathaway, this company has enormous subsidiaries in multiple industries, but Warren Buffet still acknowledged that investing in the Berkshire Hathaway was one of the worst mistakes.

In fact, Warren Buffet uses the Berkshire Hathaway to show his ability in investing skills with many numerous subsidiaries company. To date, the assets and business performance of Berkshire Hathaway grown consistently from 1995 to 2022. In 1995, the assets were just 29.9 billion US. Dollar and it grew into 948 billion US Dollar in 2022. Meanwhile, in another aspects of investment revenue, in 1995, investment revenue was in 4,487 million and in 2022, total investment revenue had grown into USD 302,089 million.

With many diversified investments area, Berkshire Hathway just focus the investment into some companies. These companies basically were retained by Berkshire Hathway in the larger amount than other companies. Here are 5 Biggest Berkshire Hathaway Investment Portfolio in 2023 and the data came from Quarter Report of Berkshire Hathaway in 2023.

The 5 Biggest Berkshire Hathaway Investment Portfolio in 2023

RankCompaniesAggregate Fair Value
1Apple Inc.$119.0 billion
2Bank of America Corporation $34.2 billion
3Chevron Corporation$30.0 billion
4The Coca-Cola Company$ 25.4 billion
5American Express Company$ 22.4 billion
Source : Berkshire Hathaway Inc. Third Quarter Report, 2023

The Brief Description of 5 Biggest Berkshire Hathaway Investment Portfolio in 2023

1. Apple Inc.     

Apple is one of leading technology company from Cupertino, California, the United States which was founded by Steve Wozniak, Steve Jobs, Ronald Wayne. Commonly, Apple designs, manufactures, and markets smartphones, personal computers, tablets, and many accessories. This company is famous for its innovation and product quality, especially smartphone products (iPhone), and gadgets such as laptops (MacBook), smartwatches, iPhone, iPad, Air Pods, Apple Watch, and iPad Mini.

This company has experienced glooming era under the guidance of John Sculley, Mike Markkula to Gil Amelio, but Apple managed to rise along with the return of Steve Jobs as CEO of Apple. With the help of Johny Ive as Chief Design Officer (CDO), they have succeeded in developing various products that are selling well in the world market.

Until now, Apple is trying to maintain its existence as global company under the CEO of Tim Cook. Financially, In the balance sheet of annual report of Apple in 2022, the assets of this company reached USD 352 billion with liabilities around USD 302 billion. Furthermore, based on business performance in 2022, the net income achieved by this company reached 99.8 billion US dollars. Overall, Berkshire Hathaway has invested in Apple stocks with has aggregate fair value around $119.0 billion.

2. Bank of America Corporation              

Bank of America is one of the largest banks in the United States headquartered in Charlotte, North Carolina. Commonly, Bank of America is one of the big four banks in the United States of America along with JPMorgan Chase, Citigroup, and Wells Fargo. Historically, this bank was the merger between Bank America Corp and Nations Bank in 1998. In 2022, In terms of performance, this company had total assets around USD 1,016 billion US Dollars with net income reached USD 27.5 billion. Along with business development, Bank of America has provided many services including banking, credit, cash management, advisory service, foreign exchange, debt and equity underwriting, treasury services, and merchant services to many its customers. Overall, until 2023, Berkshire Hathaway has invested in this financial institution with aggregate fair value around $34.2 billion.

3. Chevron Corporation

Chevron, Inc. is an oil and gas company from the United States that was founded in 1879 and now headquartered in San Ramon, California, United States. Based on its operations, until 2022, Chevron can produce 3.0 million barrels net oil-equivalent daily production with 11.2 billion barrels net oil-equivalent reserves. In 2022, based on business performance, the company earned a net income USD 35.46 billion with total assets reached USD 257 billion. Dollars. Based on the ownership, Berkshire Hathaway has aggregate fair value of chevron corporation shares around $30.0 billion US. Dollars.

4. The Coca-Cola Company        

Founded by John Stith Pemberton, a pharmacist, on May 8th, 1886, this company has grown into one of the largest consumer goods companies in the world, specifying in carbonated beverage products. Some of the products are Coca-Cola, Sprite, Fanta, Coca-Cola Zero Sugar and Diet Coke/Coca-Cola Light, Minute Maid, and the others. In 2022, presenting in more than 200 countries and territories, Coca-Cola has employed more than 700,000 people. In financial conditions, based on the Annual Report in 2022, the net income of Coca-Cola Company achieved USD 9,571 million with total assets around USD 92,761 million. Coca-Cola is one of Warren Buffet’s favourite drinks and he still consumes this carbonated drink to date. Historically, Berkshire Hathaway bought shares of the Coca Cola Company in 1988 and still holds them to this day. Overall, The Berkshire Hathaway’s stock in Coca-Cola reached aggregate fair value $ 25.4 billion.

5. American Express Company  

American Express is a global payments company which has main office in New York City. This company engage in businesses comprising four segments, namely U.S. Consumer Services (USCS), Commercial Services (CS), International Card Services (ICS) and Global Merchant and Network Services. Berkshire Hathaway’s ownership in this company reaches 18% and is one of the companies that Warren Buffet has owned to this day since 1963. In 2022, based on the annual report, the American Express’s profits reached 7.5 billion with assets around 228 billion US Dollars. Based on the Market, Berkshire Hathaway’s investment value in this institution reaches aggregate fair value $ 22.4 billion.

The Summary of 5 Biggest Berkshire Hathaway Investment Portfolio in 2023

The Reference of the 5 Biggest Berkshire Hathaway Investment Portfolio in 2023

Berkshire Hathaway. 2023. 2023 Third Quarter Report. Available at https://www.berkshirehathaway.com/qtrly/links3rdqtr23.html

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