Warren Buffet has made a reputation for being one of the best investment managers in the world, some even refer to him as the “Oracle of Omaha.” Buffet has consistently beaten the market despite the financial crisis, which is one of the primary reasons that his company, Berkshire Hathaway (NYSE: BRK.A) has consistently posted profits for the last several years.
Many have contended that investment strategies will change in wake of the financial crisis, but Buffet and Berkshire Hathaway are still making money investing in solid American companies. Here is a list of 10 major publically traded stocks that Berkshire Hathaway currently has major investments in:
Berkshire Hathaway owns a $1.62 million stake in US Bancorp (NYSE: USB) In the form of over $69 million shares, representing a 3.61% stake in the company. The company also has an 80.1% in Wesco Financial Corp (NYSE :WSC), which is worth about $1.86 million. Another major financial holding that Berkshire Hathaway has is American Express (NYSE: AXP), which is worth $5.46 billion and represents a 12.75% ownership in the company.
The investment firm also has made several investments in consumer products. Berkshire Hathaway has a $2.17 billion stake in Johnson and Johnson (NYSE: JNJ), a $3.80 billion investment in Kraft Foods (NYSE: KFT) and a 5.64% ownership stake in Proctor and Gamble (NYSE: PG).
Berkshire Hathaway’s single largest investment is a $10.63 billion investment in Coca Cola (NYSE: KO). The firm owns over 200,000,000 shares for an 8.63% stake in Coca Cola.
Conoco Philips (NYSE: COP) also made the list with a $3.27 billion ownership stake by Berkshire Hathaway, representing a 4.35% ownership stake.
Recently, Berkshire Hathaway purchased 1a majority stake in Burlington Santa Fe (NYSE: BNI) for $7.45 billion with over $76 million shares. Since then, the company has increased their holding in the railroad company to 100% by planning to purchase the rest of the shares in Burlington Santa Fe for $26 billion.
