This is a list of subsidiaries, equities, and cash equivalents owned by multinational holding company Berkshire Hathaway.
As of March 31, 2024, Berkshire Hathaway had $28.891 billion in cash and cash equivalents and $153.444 billion in short-term investments in U.S. treasury bills. [1]
Companies for which Berkshire Hathaway owns wholly or controls a majority of voting shares.
Company | Sector | Ownership % | Acquisition Date (YYYY/MM/DD) | Acquisition Price | Notes |
---|---|---|---|---|---|
Acme Brick Company | Materials and Construction | 100% | 2000/08/01 [2] | ~$600 Million ($4,392.65 Million 2017) [3] [4] | |
Alleghany Corporation | Insurance | 100% | 2022/10/19 [5] | $11.6 billion [5] | Included Alleghany subsidiary Kentucky Trailer, which designs and manufacturers trailers |
AltaLink | Electric Transmission | 92% | 2014/12/01 [6] | C$3.24 Billion [7] | A subsidiary of Berkshire Hathaway Energy |
Ben Bridge Jeweler | Luxury Items | 100% | 2000/07/18 [8] [9] | ||
Benjamin Moore & Co. | Materials and Construction | 100% | 2001 [10] | $1 Billion [11] [12] | |
Berkadia | Mortgage Financing | 50% | 2009/12/31 [13] | Joint venture with Jefferies Financial Group, formerly known as Leucadia | |
Berkshire Hathaway Assurance | Insurance | 100% | 2007/12/01 | ||
Berkshire Hathaway Automotive | Automotive | 90% | 2015/05/09 [14] | Renamed from Van Tuyl Group | |
Berkshire Hathaway Energy | Utilities | 92% | 1999/03/26 | Renamed from Mid-American Energy Holdings | |
BoatUS | Insurance | 2007/07/27 | |||
Borsheim's Fine Jewelry | Luxury Items | 100% | 1989 [15] | ||
Brooks Sports | Apparel | 100% | 2006/08/02 | ||
BNSF Railway Company | Railroads and Logistics | 100% | 2010/02/12 | $34 Billion [16] | |
Business Wire | Media | 100% | 2006/03/01 [17] | ||
Cavalier Homes | Materials and Construction | 100% | 2008 | ||
Central States Indemnity | Insurance and Finance | 100% | 1992/10/20 [18] | ||
Charter Brokerage | Logistics | 100% | 2014/12/12 [19] | ||
Clayton Homes | Materials and Construction | 100% | 2007/05/10 [20] | $1.7 billion [21] [22] [23] | |
CORT Business Services | Furniture Related | 100% | 2000/01/14 | $467 Million ($3,418.94 Million 2017) [3] | |
CTB Inc. | Capital Goods | 100% | 2002 | ||
Dairy Queen [24] | Food and Beverage | 99% | 1997/10/21 | $585 Million [25] | |
Duracell | Household Products | 100% | 2016/02/29 [26] | $1.8 billion [27] | |
Ebby Halliday Companies | Real Estate | 100% | 2018/06/03 [28] | ||
Fechheimer Brothers Company | Clothing | 100% | 1986 | ||
FlightSafety International | Business Services | 100% | 1997 [29] | ||
Forest River | Automotive | 100% | 2005/08/31 | ||
Fruit of the Loom | Clothing | 100% | 2002/04/30 [30] | $835 Million [31] | |
Garanimals | Clothing | 100% | 2002/09/04 | ||
GEICO | Insurance and Finance | 100% | 1996/08/26 [32] | $2.3 Billion [33] | |
Gen Re | Insurance and Finance | 100% | 1998/12/21 [34] [35] | $22 Billion [36] | |
Helzberg Diamonds | Luxury Items | 100% | 1995 [37] | ||
H.H. Brown Shoe Group | Clothing | 100% | 1991/07/01 | ||
International Metalworking Companies (IMC) | Materials and Construction | 100% | 2006/05/08 | ||
Jazwares | Toys | 100% | 2022/10/19 | Acquired in connection to the acquisition of Alleghany Corporation | |
Johns Manville | Materials and Construction | 100% | 2001/02/27 [38] | $1.8 Billion [12] | |
Jordan's Furniture | Furniture Related | 100% | 1999/10/11 | ||
Justin Brands | Clothing | 100% | 2000/08/01 | $570 Million [12] | |
Kansas Bankers Surety Company | Insurance and Finance | 100% | 1998/04/10 | ||
Kern River Pipeline | Pipeline | 92% | 2006/03/21 | $960 Million [39] | A subsidiary of Berkshire Hathaway Energy |
Larson-Juhl [40] | Furniture Related | 100% | 2001/12/17 | ||
Louis Motor | Motorcycles | 100% | 2015/02/20 | ||
Lubrizol | Chemicals | 100% | 2011/09/16 | $9.7 Billion [41] [42] | |
Marmon Group | Diversified Holding Company | 99% | 2008 [43] [44] | $4.5 Billion | |
McLane Company | Logistics | 100% | 2003/05/23 [45] | $1.45 Billion [46] | |
Medical Protective | Liability Insurance | 100% | 2005/06/30 [47] [48] | ||
MiTek | Materials and Construction | 90% | 2001/06/12 [49] | Other 10% owned by MiTek management | |
National Indemnity Company | Insurance and Finance | 100% | 1967/03/01 [50] | $6.8 Million ($49.78 Million inflation adjusted) [51] | |
Nebraska Furniture Mart | Furniture Related | 80% | 1983 [52] | $60 Million [53] | |
NetJets | Business Services | 100% | 1998 [54] | $725 Million [55] | |
Northern Natural Gas | Pipeline | 92% | 2002/08/01 | $928 Million [56] | A subsidiary of Berkshire Hathaway Energy |
NV Energy | Electric & Gas Distribution | 92% | 2013/12/19 [57] | $5.6 Billion [58] | A subsidiary of Berkshire Hathaway Energy |
Omaha World-Herald | Media | 100% | 2011/12/01 [59] | $150 Million [60] | |
Oriental Trading Company | Toy Party Craft | 100% | 2012/11/02 [61] | ||
PacifiCorp | Electric Distribution | 92% | 2005 | $9.4 billion [62] | A subsidiary of Berkshire Hathaway Energy |
Pampered Chef [63] | Food and Beverage | 100% | 2002/09/23 | ||
Pilot Flying J | Retail, Food and Beverage, Petroleum | 100% | 2017/10/03 [64] | $2.76 billion in 2017 for a 38.6% Pilot stake; $8.2bn in 2023 for an additional 41.4% | Initially started with a 38.6% stake in 2017. [64] Became a full owner in January 2024. [65] |
Precision Castparts Corp. | Aerospace and Defense | 100% | 2016/01/29 | $37 Billion [66] | |
Precision Steel Warehouse, Inc. | Materials and Construction | 100% | 1979 [67] | ||
RC Willey Home Furnishings | Furniture Related | 1995 [68] | |||
Richline Group | Wholesale and Manufacturing | 100% | 2007/05/01 [69] | ||
Russell Brands | Sports Equipment Manufacturer | 100% | 2006 [30] | $600 Million [70] | A division of Fruit of the Loom |
Scott Fetzer Company | Other | 100% | 1985 | $230 Million [12] | |
See's Candies | Food and Beverage | 100% | 1972/01/03 | $25 Million [71] [72] | |
SE Homes | Materials and Construction | 100% | 2007 | ||
Shaw Industries | Materials and Construction | 2002/01/21 [73] | |||
Star Furniture | Furniture Related | 100% | 1997/07/14 | ||
TTI, Inc. | Electronic Component Distribution | 100% | 2007/03/30 | ||
United States Liability Insurance Group | Insurance and Finance | 100% | 2000/08/08 [74] | ||
Wesco Financial | Insurance and Finance | 100% | 1978 [75] | Business units dissolved into Berkshire Hathaway | |
WPLG-TV | Media | 100% | 2014/07/01 [76] | ||
XTRA Lease | Commercial Semi Trailer Rental and Leasing | 100% | 2001/09/20 [77] |
Sourced from Berkshire Hathaway's Form 13F-HR filed with the Securities and Exchange Commission, as of May 2022: [78]
Company | Ticker | Sector | Ownership % | # of Shares | Value | As of date |
---|---|---|---|---|---|---|
Ally Financial | NYSE : ALLY | Financial Services | 2.91 | 8,969,420 | $346,847,471 | May 23, 2022 |
Amazon | Nasdaq : AMZN | Technology and Retail | -0.01 | 533,300 | $1,147,565,606 | May 23, 2022 |
American Express | NYSE : AXP | Financial Services | 20.26 | 151,610,700 | $23,232,823,668 | May 23, 2022 |
Aon plc | NYSE : AON | Financial Services | 2.06 | 4,396,000 | $1,154,873,160 | May 23, 2022 |
Apple Inc. | Nasdaq : AAPL | Technology | 5.63 | 911,347,617 | $125,392,318,623 | May 23, 2022 |
Bank of America | NYSE : BAC | Banking | 12.73 | 1,032,852,006 | $34,972,368,923 | May 23, 2022 |
Bank of New York Mellon | NYSE : BK | Banking | 9.16 | 74,346,864 | $3,254,162,237 | May 23, 2022 |
BYD Company | SEHK : 1211 | Automotive | 7.79 | 225,000,000 | $7,499,250,000 | May 23, 2022 |
Celanese | NYSE : CE | Chemicals | 7.27 | 7,880,998 | $1,187,902,829 | May 23, 2022 |
Charter Communications | Nasdaq : CHTR | Telecommunications | 2.33 | 3,828,941 | $1,834,177,607 | May 23, 2022 |
Chevron Corporation | NYSE : CVX | Petroleum | 8.17 | 159,178,117 | $26,713,271,595 | May 23, 2022 |
Citigroup | NYSE : C | Banking | 2.69 | 52,244,797 | $2,748,428,651 | May 23, 2022 |
The Coca-Cola Company | NYSE : KO | Food & Drink | 9.24 | 400,000,000 | $24,392,000,000 | May 23, 2022 |
DaVita | NYSE : DVA | Healthcare | 38.21 | 36,095,570 | $3,408,504,675 | May 23, 2022 |
Diageo | NYSE : DEO | Alcohol | 0.03 | 227,750 | $41,511,993 | May 23, 2022 |
Floor & Decor | NYSE : FND | Retail | 4.52 | 4,780,000 | $328,051,400 | May 23, 2022 |
General Motors | NYSE : GM | Automotive | 4.28 | 62,045,847 | $2,196,422,984 | May 23, 2022 |
Globe Life | NYSE : GL | Insurance | 6.53 | 6,353,727 | $594,454,698 | May 23, 2022 |
HP Inc. | NYSE : HPQ | Technology | 11.82 | 121,092,418 | $4,195,852,284 | May 23, 2022 |
Itochu | TYO : 8001 | Conglomerate | 5.53 | 81,304,200 | $2,309,039,280 | May 23, 2022 |
Johnson & Johnson | NYSE : JNJ | Pharmaceuticals | 0.01 | 327,100 | $57,890,158 | May 23, 2022 |
Kraft Heinz | Nasdaq : KHC | Food & Drink | 26.53 | 325,634,818 | $12,494,607,967 | May 23, 2022 |
Kroger | NYSE : KR | Retail | 8.09 | 57,985,263 | $2,821,562,898 | May 23, 2022 |
Liberty Latin America Ltd. Class A | Nasdaq : LILA | Media | 5.59 | 2,630,792 | $24,361,134 | May 23, 2022 |
Liberty Latin America Ltd. Class C | Nasdaq : LILAK | Media | 1.06 | 1,284,020 | $11,812,984 | May 23, 2022 |
Liberty Media Formula One Series C | Nasdaq : FWONK | Media | 3.8 | 7,722,451 | $481,803,718 | May 23, 2022 |
Liberty Sirius XM Group Series A | Nasdaq : LSXMA | Media | 14.4 | 20,207,680 | $812,146,659 | May 23, 2022 |
Liberty Sirius XM Group Series C | Nasdaq : LSXMK | Media | 14.4 | 43,208,291 | $1,729,627,889 | May 23, 2022 |
Markel Corporation | Nasdaq : MKL | Insurance | 3.11 | 424,343 | $565,683,166 | May 23, 2022 |
Marsh McLennan | NYSE : MMC | Insurance | 0.08 | 404,911 | $60,675,913 | May 23, 2022 |
Mastercard | NYSE : MA | Financial Services | 0.41 | 3,986,648 | $1,340,231,325 | May 23, 2022 |
McKesson Corporation | NYSE : MCK | Logistics | 2.02 | 2,921,975 | $943,388,849 | May 23, 2022 |
Mondelez International | Nasdaq : MDLZ | Food & Drink | 0.04 | 578,000 | $35,367,820 | May 23, 2022 |
Moody's Corporation | NYSE : MCO | Financial Services | 13.46 | 24,669,778 | $7,136,226,682 | May 23, 2022 |
Nubank | NYSE : NU | Banking | 2.29 | 107,118,784 | $408,122,567 | May 23, 2022 |
Occidental Petroleum | NYSE : OXY | Petroleum | 26 | 224,100,000 | $13,500,000,000 | July 25, 2023 |
Procter & Gamble | NYSE : PG | Consumer Goods | 0.01 | 315,400 | $44,720,566 | May 23, 2022 |
RH | NYSE : RH | Retail | 8.86 | 2,170,000 | $582,862,000 | May 23, 2022 |
Royalty Pharma | Nasdaq : RPRX | Pharmaceuticals | 0.34 | 1,496,372 | $59,136,621 | May 23, 2022 |
Snowflake Inc. | NYSE : SNOW | Technology | 1.92 | 6,125,376 | $866,679,450 | May 23, 2022 |
SPDR S&P 500 Trust ETF | NYSE : SPY | Exchange Traded Fund | - | 39,400 | $15,351,422 | May 23, 2022 |
StoneCo | NYSE : STNE | Financial Services | 3.42 | 10,695,448 | $99,788,530 | May 23, 2022 |
Store Capital | NYSE : STOR | Real Estate | 5.25 | 14,754,811 | $385,248,115 | May 23, 2022 |
T-Mobile US | Nasdaq : TMUS | Telecommunications | 0.41 | 5,242,000 | $660,701,680 | May 23, 2022 |
United Parcel Service | NYSE : UPS | Courier Service | -0.01 | 59,400 | $10,159,776 | May 23, 2022 |
US Bancorp | NYSE : USB | Banking | 9.69 | 144,046,330 | $7,088,519,899 | May 23, 2022 |
Vanguard 500 Index Fund ETF | NYSE : VOO | Exchange Traded Fund | - | 43,000 | $15,394,860 | May 23, 2022 |
Verisign | Nasdaq : VRSN | Technology | 11.77 | 12,815,613 | $2,121,752,888 | May 23, 2022 |
Verizon Communications | NYSE : VZ | Telecommunications | 0.03 | 1,380,111 | $68,356,898 | May 23, 2022 |
Visa Inc | NYSE : V | Financial Services | 0.50 | 8,297,460 | $1,651,443,464 | May 23, 2022 |
At year end 2021, Berkshire Hathaway Energy owns 7.7% of Chinese electric vehicle manufacturer BYD Company, and Berkshire Hathaway owns approximately 6% stakes in five major Japanese conglomerates, ITOCHU Corporation, Mitsubishi Corporation, Marubeni Corporation, Sumitomo Corporation and Mitsui & Co., Ltd. [79]
Company | Sector | Ownership % | Disposal Date | Notes |
---|---|---|---|---|
H. J. Heinz Company | Foods | 52.5% | July 2, 2015 | Merged into Kraft-Heinz |
Applied Underwriters | Insurance | 100% | July 13, 2019 | Sold [80] |
The Buffalo News | Media | 100% | Mar 16, 2020 | Sold [81] |
Warren Edward Buffett is an American businessman, investor, and philanthropist who currently serves as the chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world. As of October 2024, he had a net worth of $147 billion, making him the eighth-richest person in the world.
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer formed in 1955 from the merger of Hathaway Manufacturing Company and Berkshire Fine Spinning Associates, the company transitioned into a conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger (1924–2023). Greg Abel now oversees most of the company's investments and has been named as the successor to Buffett. Buffett personally owns 38.4% of the Class A voting shares of Berkshire Hathaway, representing a 15.1% overall economic interest in the company.
Fruit of the Loom is an American company that manufactures clothing, particularly casual wear and underwear. The company's world headquarters are located in Bowling Green, Kentucky. Since 2002, it has been a wholly owned subsidiary of Berkshire Hathaway.
Pampered Chef is a multinational multi-level marketing company that offers a line of kitchen tools, food products, and cookbooks for preparing food in the home.
Charles Thomas Munger was an American businessman, investor, and philanthropist. He was vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, from 1978 until his death in 2023. Buffett described Munger as his closest partner and right-hand man, and credited him with being the "architect" of modern Berkshire Hathaway's business philosophy.
Kansas Bankers Surety Company (KBS) is an insurance company based in the United States. It is a wholly owned subsidiary of Berkshire Hathaway, the investment vehicle of Warren Buffett. It specializes in the writing of surety bonds for the officers of small, state chartered banks in the Midwestern United States. It formerly also wrote deposit insurance at such banks for coverage in excess of the per-depositor limits of the Federal Deposit Insurance Corporation, but this line of business was discontinued in 2008.
Borsheims is a luxury jewelry store that sells fine jewelry, timepieces, engagement rings and home decór in Omaha, Nebraska. In 1870, Norwegian immigrant and silversmith Louis Borsheims founded his independent jewelry business that would later become known as Borsheims. The luxury jewelry retailer began as Brown and Borsheim. In 1907, Louis A. Borsheim sold his interests in Brown and Borsheim, thus began the Omaha staple, Borsheims. The business was sold to Louis Friedman and Simon Gorelick in 1947. In 1950, Louis bought out his brother in law, Simon Gorelick and his son Ike joined the business, who both retained the Borsheims name. In 1980, Ike Friedman bought out his father, Louis. Ike's son Alan and son in law joined the business. In 1985, his other son in law, Donald Yale joined the business. His two daughters, Janis Yale and Susie Cohn also worked in the business.
Lee Enterprises, Inc. is a publicly traded American media company. It publishes 77 daily newspapers in 26 states, and more than 350 weekly, classified, and specialty publications. Lee Enterprises was founded in 1890 by Alfred Wilson Lee and is based in Davenport, Iowa.
Blue Chip Stamps started as a trading stamps company called "Blue Chip Stamp Company." They were a competitor of S&H Green Stamps. Blue Chip stamps were a loyalty program for customers, similar to discount cards issued by pharmacies and grocery stores in the digital era. A customer making a purchase at a participating store would be given stamps in proportion to the dollar amount of the purchase. The stamps were dispensed by machines adjacent to the cash register. The customer would paste the stamps into books. The books could then be taken to a redemption center and redeemed for merchandise, such as lawn furniture, dining tables, tableware, and many other items. The redemption centers did not maintain a full inventory of items but would order from a catalog on behalf of the customer.
Ajit Jain is an Indian-American executive who is the Vice Chairman of Insurance Operations for Berkshire Hathaway as of January 10, 2018. Ajit Jain is an older cousin of Anshu Jain, who was the former Co-CEO of Deutsche Bank.
ISCAR Ltd. is an Israeli multinational metal cutting tools company affiliated with one of the world's largest metalworking conglomerates, the IMC Group. ISCAR and the IMC Group were acquired by Warren Buffett's Berkshire Hathaway in 2006, becoming one of its largest non-insurance companies.
The News Virginian is a newspaper owned by Lee Enterprises. The paper serves residents in the cities of Waynesboro and Staunton, Virginia, as well as Augusta and Nelson counties.
David Sanford "Sandy" Gottesman was an American businessman, billionaire, and philanthropist. He founded First Manhattan Co. (FMC), and was noted for his friendship with Warren Buffett.
Clayton Homes is the largest builder of manufactured housing and modular homes in the United States. It is a wholly owned subsidiary of Warren Buffett's Berkshire Hathaway.
HomeServices of America is the United States' largest residential real estate services company, based on closed transactions. The company provides real estate brokerage services, mortgage loan origination, franchising, title insurance/escrow and closing services, home warranties, property insurance, casualty insurance, and relocation services.
The Herald & Review is a daily newspaper based in Decatur, Illinois. It is owned by Lee Enterprises.
Mr. Market is an allegory created by investor Benjamin Graham to describe what he believed were the irrational or contradictory traits of the stock market and the risks of following groupthink. Mr. Market was first introduced in his 1949 book, The Intelligent Investor.
Gregory Edward Abel is a Canadian businessman, chairman and CEO of Berkshire Hathaway Energy, and vice-chairman of non-insurance operations of Berkshire Hathaway since January 2018.
An economic moat, often attributed to investor Warren Buffett, is a term used to describe a company's competitive advantage. Like a moat protects a castle, certain advantages help protect companies from their competitors.
Look-through earnings is a term coined by the American investor Warren Buffett, who believes it to be a better metric to determine the intrinsic value of a company. Buffett believes look-through earnings more accurately show how a company invests its retained earnings. His preference for this concept is due to the fact that it can overcome the shortcomings of general accounting.