Warren Buffett's Top 10 Holdings in Financial Services
Warren Buffett's holding company, Berkshire Hathaway, just reported the details of its portfolio (as of Dec. 31, 2019) to the Securities and Exchange Commission. The conglomerate's $237 billion in public holdings at year-end included Apple ($73 billion), Coca-Cola ($23.5 billion), Delta Air Lines ($3.9 billion) and Amazon ($1.1 billion) — as well as a host of financial services companies. Berkshire had a return of 11% in 2019 vs. 31.5% for the S&P 500. In 2018, though, Berkshire had a 2.8% return vs. -4.4% for the S&P. After taxes, the conglomerate earned $81.4 billion in 2019: $24 billion of operating earnings, $3.7 billion of realized capital gains and a $53.7 billion gain from an increase in the amount of net unrealized capital gains in its stocks (as per a new accounting rule). Check out the gallery above to see Berkshire's biggest holdings in the financial services industry, ranked by the dollar value of the investment as of Dec. 31. --- Related on ThinkAdvisor:
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
