What Companies Does Berkshire Hathaway Own 【In 2022】 – DATAROMA

Berkshire Hathaway Inc. (BRK.B), a gigantic aggregate and one of the world’s biggest organizations was made by Warren Buffett, the current director, and CEO. Berkshire Hathaway was founded in 1955 when two New England textile manufacturers merged. Buffett bought the company in 1965. It is currently a holding company for Buffett’s numerous acquisitions and investments throughout the years.

It is one of the world’s biggest openly recorded organizations, with a market capitalization of roughly $640 billion, and the 6th biggest organization in the S&P 500. Berkshire Hathaway’s varied set of businesses generated total sales of $245.5 billion in 2020, with net earnings of $42.5 billion attributable to Berkshire Hathaway shareholders.

What companies does Berkshire Hathaway own is still a question on the mind of many people.

Companies owned by Berkshire Hathaway:

Here below is the list of companies owned by Berkshire Hathaway:

CompanyIndustry
GEICOInsurance Company
DuracellBattery Company
BNSFRailroad Network
Dairy QueenFast Food Restaurant 
LubrizolChemical Production
Fruit Of The LoomClothing manufacturer
Helzberg DiamondsRetail company
Long and FosterReal estate company
FlightSafety InternationalAviation company
Shaw IndustriesCarpet Manufacturer
Pampered ChefFood company
Forest River Vehicle Manufacturer
NetJetsAirway 

Top 5 Companies owned by Berkshire Hathaway:

1. GEICO

GEICO, which means “Government Employees Insurance Company,” was established to give protection to administrative representatives and military staff. Because it was the first large insurer to market directly to customers, GEICO enjoyed a competitive advantage. Warren Buffett purchased almost 50% of GEICO’s value throughout the long term paving the way to 1996 when he purchased the leftover portion of the organization

Read More: What companies does Facebook own?

2. Burlington Northern Santa Fe Corporation 

Burlington North Inc. and Santa Fe Pacific Corp. amalgamated in September 1995 to form BNSF. BNSF presently has 32,500 miles of track, largely in the Central and Western United States, as a result of past railway mergers. It transports agricultural, consumer, industrial, and coal products.

3. McLane Co.

McLane began as a little grocery business in 1894. It ventured into a huge enterprise that has some expertise in dispersing items to stores, pharmacies, chain eateries, and odds and ends shops. Walmart, one of its main consumers, bought it in 1990. Berkshire Hathaway bought it from Walmart and now owns and runs over 80 distribution sites across the United States.

4. Precision Castparts Company (PCC)

PPC, which was founded in 1953, manufactures metal parts for a wide range of sectors.

At the time of its takeover, the aerospace industry accounted for around 70% of its sales, with the manufacturing of turbines for power generation businesses accounting for the remaining 17%. 

5. Lubrizol

Lubrizol began as the Graphite Oil Products firm in 1928. Because of the popularity of their “Lubri-Zol” motor oil, the company changed its name to Lubrizol in 1934, eliminating the hyphen. Lubrizol became public in the 1960s and diversified into a number of chemical companies before being acquired by Berkshire Hathaway in 2011.

FAQ’S

What are Berkshire Hathaway’s top ten businesses?

GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long and Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets are for the most part totally possessed by the firm, which likewise claims 38.6% of Pilot Flying J. Is Berkshire Hathaway an ETF

Is Berkshire Hathaway an ETF?

Most ETFs wouldn’t be allowed to have such a high cash position, but Berkshire is allowed to do so because it isn’t one.

Is Warren Buffett’s Berkshire Hathaway a hedge fund?

Berkshire Hathaway is a holding organization, not a multifaceted investment, as indicated by the law.

Is there any Amazon stock possessed by Berkshire Hathaway?

Although Berkshire Hathaway holds Amazon stock, it does so through its investment management divisions.

What percentage of Berkshire Hathaway’s stock is Apple?

It has a $120 billion profit, making it the largest gain in CEO Warren Buffett’s long tenure at Berkshire Hathaway, which began in 1965.