Apple is Berkshire’s largest stock holding, but Buffett and Co. own a bigger share of these companies

By Philip van Doorn

This is 13F season — when investment companies report their holdings to the Securities and Exchange Commission. It’s always instructive to look at Berkshire Hathaway’s holdings to see if CEO Warren Buffett has been up to anything new, and of course to think about his favorite stock investments.

Berkshire Hathaway Inc. /zigman2/quotes/200060694/composite BRK.B +1.71% is, of course, primarily a conglomerate of insurance companies, but also railroads, utilities and companies involved in power generation. Through its stock portfolio, Berkshire also has large investments in other industries, as you can see below.

The company’s quarterly 13F listing its stock holdings as of Dec. 31 was filed with the SEC on Feb. 14. One change of note from the previous quarter was that Berkshire Hathaway had bought shares of Activision Blizzard Inc. /zigman2/quotes/200717283/composite ATVI +0.35% before the video game developer agreed to be acquired by Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.70% on Jan. 18. This is an all-cash deal valued at $68.7 billion , which will need to clear regulatory hurdles before completion.

Berkshire’s Activision shares were worth $975 million as of Dec. 31, which the Associated Press described as a “big stake.” However, that was actually Berkshire’s 24th largest stock holding as of the end of 2021. That’s hardly enough to move the needle for Berkshire.

Buffett has been a long-term holder of Apple Inc. /zigman2/quotes/202934861/composite AAPL +2.14% , and Berkshire’s Apple shares were worth $157.5 billion as of the end of 2021. But Berkshire’s ownership stake in Apple was 5.41%. Within Berkshire’s stock portfolio, the conglomerate had larger ownership percentages in 15 companies.

Two lists of Berkshire’s largest stock holdings

First, here are the 20 companies for which Berkshire held at least 3% of common shares as of Dec 31:

You can click on the tickers for more about each company.

Click here  Tomi Kilgore’s detailed guide to the wealth of information available for free on the MarketWatch quote page.

Here are Berkshire Hathaway’s largest stock investments by market value as of the end of 2021 — 23 companies valued $1 billion or more:

Don’t miss: 10 tech value stocks that at least 75% of analysts rate as a ‘buy’ right now

/zigman2/quotes/200060694/composite

Add to watchlist BRK.B

Berkshire Hathaway Inc. Cl B

US : U.S.: NYSE

$ 301.55

+5.08 +1.71%

Volume: 3.23M

Aug. 12, 2022 4:03p

P/E Ratio

60.15

Dividend Yield

N/A

Market Cap

$665.54 billion

Rev. per Employee

$777,879

/zigman2/quotes/200717283/composite

Add to watchlist ATVI

Activision Blizzard Inc.

US : U.S.: Nasdaq

$ 80.79

+0.28 +0.35%

Volume: 5.82M

Aug. 12, 2022 4:00p

P/E Ratio

33.73

Dividend Yield

0.58%

Market Cap

$63.20 billion

Rev. per Employee

$780,102

/zigman2/quotes/207732364/composite

Add to watchlist MSFT

Microsoft Corp.

US : U.S.: Nasdaq

$ 291.91

+4.89 +1.70%

Volume: 22.62M

Aug. 12, 2022 4:00p

P/E Ratio

30.27

Dividend Yield

0.85%

Market Cap

$2177.03 billion

Rev. per Employee

$897,149

/zigman2/quotes/202934861/composite

Add to watchlist AAPL

Apple Inc.

US : U.S.: Nasdaq

$ 172.10

+3.61 +2.14%

Volume: 68.04M

Aug. 12, 2022 4:15p

P/E Ratio

28.44

Dividend Yield

0.53%

Market Cap

$2765.78 billion

Rev. per Employee

$2.52M

/zigman2/quotes/204229673/composite

Add to watchlist DVA

DaVita Inc.

US : U.S.: NYSE

$ 92.48

+0.89 +0.97%

Volume: 489,012

Aug. 12, 2022 4:00p

P/E Ratio

11.47

Dividend Yield

N/A

Market Cap

$8.44 billion

Rev. per Employee

$168,501

/zigman2/quotes/203625533/composite

Add to watchlist KHC

Kraft Heinz Co.

US : U.S.: Nasdaq

$ 38.67

-0.06 -0.15%

Volume: 4.58M

Aug. 12, 2022 4:00p

P/E Ratio

31.52

Dividend Yield

4.14%

Market Cap

$47.39 billion

Rev. per Employee

$711,972

/zigman2/quotes/206865773/composite

Add to watchlist LSXMA

Liberty Media Corp. Series A SiriusXM

US : U.S.: Nasdaq

$ 44.59

+0.83 +1.90%

Volume: 571,527

Aug. 12, 2022 4:00p

P/E Ratio

16.94

Dividend Yield

N/A

Market Cap

$31.76 billion

Rev. per Employee

N/A

/zigman2/quotes/203805826/composite

Add to watchlist AXP

American Express Co.

US : U.S.: NYSE

$ 165.84

+2.85 +1.75%

Volume: 1.94M

Aug. 12, 2022 4:03p

P/E Ratio

17.01

Dividend Yield

1.25%

Market Cap

$124.34 billion

Rev. per Employee

$774,469

/zigman2/quotes/207582816/composite

Add to watchlist LSXMK

Liberty Media Corp. Series C SiriusXM

US : U.S.: Nasdaq

$ 44.56

+0.79 +1.80%

Volume: 771,275

Aug. 12, 2022 4:00p

P/E Ratio

16.93

Dividend Yield

N/A

Market Cap

$31.76 billion

Rev. per Employee

N/A

/zigman2/quotes/202808835/composite

Add to watchlist MCO

Moody's Corp.

US : U.S.: NYSE

$ 322.97

+5.37 +1.69%

Volume: 373,282

Aug. 12, 2022 4:03p

P/E Ratio

34.90

Dividend Yield

0.87%

Market Cap

$59.26 billion

Rev. per Employee

$443,388

/zigman2/quotes/200894270/composite

Add to watchlist BAC

Bank of America Corp.

US : U.S.: NYSE

$ 36.30

+0.39 +1.09%

Volume: 31.82M

Aug. 12, 2022 4:00p

P/E Ratio

11.34

Dividend Yield

2.42%

Market Cap

$291.68 billion

Rev. per Employee

$481,207

/zigman2/quotes/205260150/composite

Add to watchlist VRSN

VeriSign Inc.

US : U.S.: Nasdaq

$ 202.09

+4.81 +2.44%

Volume: 389,008

Aug. 12, 2022 4:00p

P/E Ratio

27.54

Dividend Yield

N/A

Market Cap

$21.68 billion

Rev. per Employee

$1.52M

/zigman2/quotes/209159848/composite

Add to watchlist KO

Coca-Cola Co.

US : U.S.: NYSE

$ 63.70

+0.48 +0.76%

Volume: 9.49M

Aug. 12, 2022 4:00p

P/E Ratio

28.95

Dividend Yield

2.76%

Market Cap

$275.48 billion

Rev. per Employee

$523,797

/zigman2/quotes/204201694/composite

Add to watchlist STOR

STORE Capital Corp.

US : U.S.: NYSE

$ 29.22

+0.42 +1.46%

Volume: 1.62M

Aug. 12, 2022 4:00p

P/E Ratio

24.51

Dividend Yield

5.27%

Market Cap

$8.20 billion

Rev. per Employee

$7.24M

/zigman2/quotes/200171276/composite

Add to watchlist BK

Bank of New York Mellon Corp.

US : U.S.: NYSE

$ 44.90

+0.53 +1.19%

Volume: 2.65M

Aug. 12, 2022 4:03p

P/E Ratio

11.43

Dividend Yield

3.30%

Market Cap

$36.28 billion

Rev. per Employee

$339,246

/zigman2/quotes/206934678/composite

Add to watchlist USB

U.S. Bancorp

US : U.S.: NYSE

$ 48.77

+0.33 +0.68%

Volume: 6.43M

Aug. 12, 2022 4:00p

P/E Ratio

11.24

Dividend Yield

3.77%

Market Cap

$72.46 billion

Rev. per Employee

$348,756

/zigman2/quotes/200286355/composite

Add to watchlist RH

RH

US : U.S.: NYSE

$ 307.56

+4.06 +1.34%

Volume: 402,878

Aug. 12, 2022 4:00p

P/E Ratio

12.34

Dividend Yield

N/A

Market Cap

$7.59 billion

Rev. per Employee

$593,126

/zigman2/quotes/206215053/composite

Add to watchlist KR

Kroger Co.

US : U.S.: NYSE

$ 47.21

+0.28 +0.60%

Volume: 4.06M

Aug. 12, 2022 4:00p

P/E Ratio

16.29

Dividend Yield

2.20%

Market Cap

$33.78 billion

Rev. per Employee

$336,167

/zigman2/quotes/205226137/composite

Add to watchlist GL

Globe Life Inc.

US : U.S.: NYSE

$ 103.26

+1.71 +1.68%

Volume: 362,661

Aug. 12, 2022 4:00p

P/E Ratio

14.69

Dividend Yield

0.80%

Market Cap

$10.18 billion

Rev. per Employee

$1.61M

/zigman2/quotes/202934861/composite

Add to watchlist AAPL

Apple Inc.

US : U.S.: Nasdaq

$ 172.10

+3.61 +2.14%

Volume: 68.04M

Aug. 12, 2022 4:15p

P/E Ratio

28.44

Dividend Yield

0.53%

Market Cap

$2765.78 billion

Rev. per Employee

$2.52M

/zigman2/quotes/205226835/composite

Add to watchlist GM

General Motors Co.

US : U.S.: NYSE

$ 39.48

+1.02 +2.65%

Volume: 8.91M

Aug. 12, 2022 4:00p

P/E Ratio

7.51

Dividend Yield

0.00%

Market Cap

$57.56 billion

Rev. per Employee

$841,408

/zigman2/quotes/203590706/composite

Add to watchlist STNE

StoneCo Ltd. Cl A

US : U.S.: Nasdaq

$ 12.06

+0.75 +6.63%

Volume: 5.43M

Aug. 12, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$3.76 billion

Rev. per Employee

$39,066

/zigman2/quotes/204980236/composite

Add to watchlist VZ

Verizon Communications Inc.

US : U.S.: NYSE

$ 45.15

+0.37 +0.83%

Volume: 15.09M

Aug. 12, 2022 4:00p

P/E Ratio

9.07

Dividend Yield

5.67%

Market Cap

$189.62 billion

Rev. per Employee

$1.13M

/zigman2/quotes/231028167/composite

Add to watchlist NU

Nu Holdings Ltd. Cl A

US : U.S.: NYSE

$ 4.25

+0.17 +4.17%

Volume: 28.78M

Aug. 12, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$19.71 billion

Rev. per Employee

$306,922

/zigman2/quotes/202934861/composite

Add to watchlist AAPL

Apple Inc.

US : U.S.: Nasdaq

$ 172.10

+3.61 +2.14%

Volume: 68.04M

Aug. 12, 2022 4:15p

P/E Ratio

28.44

Dividend Yield

0.53%

Market Cap

$2765.78 billion

Rev. per Employee

$2.52M

/zigman2/quotes/200894270/composite

Add to watchlist BAC

Bank of America Corp.

US : U.S.: NYSE

$ 36.30

+0.39 +1.09%

Volume: 31.82M

Aug. 12, 2022 4:00p

P/E Ratio

11.34

Dividend Yield

2.42%

Market Cap

$291.68 billion

Rev. per Employee

$481,207

/zigman2/quotes/203805826/composite

Add to watchlist AXP

American Express Co.

US : U.S.: NYSE

$ 165.84

+2.85 +1.75%

Volume: 1.94M

Aug. 12, 2022 4:03p

P/E Ratio

17.01

Dividend Yield

1.25%

Market Cap

$124.34 billion

Rev. per Employee

$774,469

/zigman2/quotes/209159848/composite

Add to watchlist KO

Coca-Cola Co.

US : U.S.: NYSE

$ 63.70

+0.48 +0.76%

Volume: 9.49M

Aug. 12, 2022 4:00p

P/E Ratio

28.95

Dividend Yield

2.76%

Market Cap

$275.48 billion

Rev. per Employee

$523,797

/zigman2/quotes/203625533/composite

Add to watchlist KHC

Kraft Heinz Co.

US : U.S.: Nasdaq

$ 38.67

-0.06 -0.15%

Volume: 4.58M

Aug. 12, 2022 4:00p

P/E Ratio

31.52

Dividend Yield

4.14%

Market Cap

$47.39 billion

Rev. per Employee

$711,972

/zigman2/quotes/202808835/composite

Add to watchlist MCO

Moody's Corp.

US : U.S.: NYSE

$ 322.97

+5.37 +1.69%

Volume: 373,282

Aug. 12, 2022 4:03p

P/E Ratio

34.90

Dividend Yield

0.87%

Market Cap

$59.26 billion

Rev. per Employee

$443,388

/zigman2/quotes/204980236/composite

Add to watchlist VZ

Verizon Communications Inc.

US : U.S.: NYSE

$ 45.15

+0.37 +0.83%

Volume: 15.09M

Aug. 12, 2022 4:00p

P/E Ratio

9.07

Dividend Yield

5.67%

Market Cap

$189.62 billion

Rev. per Employee

$1.13M

/zigman2/quotes/206934678/composite

Add to watchlist USB

U.S. Bancorp

US : U.S.: NYSE

$ 48.77

+0.33 +0.68%

Volume: 6.43M

Aug. 12, 2022 4:00p

P/E Ratio

11.24

Dividend Yield

3.77%

Market Cap

$72.46 billion

Rev. per Employee

$348,756

/zigman2/quotes/205871374/composite

Add to watchlist CVX

Chevron Corp.

US : U.S.: NYSE

$ 159.85

+0.23 +0.14%

Volume: 7.24M

Aug. 12, 2022 4:03p

P/E Ratio

10.68

Dividend Yield

3.55%

Market Cap

$314.08 billion

Rev. per Employee

$4.86M

/zigman2/quotes/200171276/composite

Add to watchlist BK

Bank of New York Mellon Corp.

US : U.S.: NYSE

$ 44.90

+0.53 +1.19%

Volume: 2.65M

Aug. 12, 2022 4:03p

P/E Ratio

11.43

Dividend Yield

3.30%

Market Cap

$36.28 billion

Rev. per Employee

$339,246

/zigman2/quotes/204229673/composite

Add to watchlist DVA

DaVita Inc.

US : U.S.: NYSE

$ 92.48

+0.89 +0.97%

Volume: 489,012

Aug. 12, 2022 4:00p

P/E Ratio

11.47

Dividend Yield

N/A

Market Cap

$8.44 billion

Rev. per Employee

$168,501

/zigman2/quotes/205226835/composite

Add to watchlist GM

General Motors Co.

US : U.S.: NYSE

$ 39.48

+1.02 +2.65%

Volume: 8.91M

Aug. 12, 2022 4:00p

P/E Ratio

7.51

Dividend Yield

0.00%

Market Cap

$57.56 billion

Rev. per Employee

$841,408

/zigman2/quotes/205260150/composite

Add to watchlist VRSN

VeriSign Inc.

US : U.S.: Nasdaq

$ 202.09

+4.81 +2.44%

Volume: 389,008

Aug. 12, 2022 4:00p

P/E Ratio

27.54

Dividend Yield

N/A

Market Cap

$21.68 billion

Rev. per Employee

$1.52M

/zigman2/quotes/206215053/composite

Add to watchlist KR

Kroger Co.

US : U.S.: NYSE

$ 47.21

+0.28 +0.60%

Volume: 4.06M

Aug. 12, 2022 4:00p

P/E Ratio

16.29

Dividend Yield

2.20%

Market Cap

$33.78 billion

Rev. per Employee

$336,167

/zigman2/quotes/201656355/composite

Add to watchlist CHTR

Charter Communications Inc. Cl A

US : U.S.: Nasdaq

$ 478.12

+11.93 +2.56%

Volume: 821,531

Aug. 12, 2022 4:00p

P/E Ratio

15.36

Dividend Yield

N/A

Market Cap

$76.81 billion

Rev. per Employee

$567,300

/zigman2/quotes/207582816/composite

Add to watchlist LSXMK

Liberty Media Corp. Series C SiriusXM

US : U.S.: Nasdaq

$ 44.56

+0.79 +1.80%

Volume: 771,275

Aug. 12, 2022 4:00p

P/E Ratio

16.93

Dividend Yield

N/A

Market Cap

$31.76 billion

Rev. per Employee

N/A

/zigman2/quotes/220991541/composite

Add to watchlist SNOW

Snowflake Inc.

US : U.S.: NYSE

$ 168.68

+0.80 +0.48%

Volume: 4.70M

Aug. 12, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$53.66 billion

Rev. per Employee

$353,904

/zigman2/quotes/203660239/composite

Add to watchlist V

Visa Inc. Cl A

US : U.S.: NYSE

$ 211.33

+0.25 +0.12%

Volume: 6.44M

Aug. 12, 2022 4:00p

P/E Ratio

31.85

Dividend Yield

0.71%

Market Cap

$437.21 billion

Rev. per Employee

$1.31M

/zigman2/quotes/210331248/composite

Add to watchlist AMZN

Amazon.com Inc.

US : U.S.: Nasdaq

$ 143.55

+2.91 +2.07%

Volume: 47.64M

Aug. 12, 2022 4:00p

P/E Ratio

128.47

Dividend Yield

N/A

Market Cap

$1462.42 billion

Rev. per Employee

$302,178

/zigman2/quotes/207581792/composite

Add to watchlist MA

Mastercard Inc.

US : U.S.: NYSE

$ 354.27

+3.69 +1.05%

Volume: 2.51M

Aug. 12, 2022 4:00p

P/E Ratio

35.90

Dividend Yield

0.55%

Market Cap

$342.36 billion

Rev. per Employee

$868,958

/zigman2/quotes/203448336/composite

Add to watchlist AON

Aon PLC

US : U.S.: NYSE

$ 301.48

+4.79 +1.61%

Volume: 702,616

Aug. 12, 2022 4:04p

P/E Ratio

43.26

Dividend Yield

0.74%

Market Cap

$63.59 billion

Rev. per Employee

$248,720

/zigman2/quotes/206865773/composite

Add to watchlist LSXMA

Liberty Media Corp. Series A SiriusXM

US : U.S.: Nasdaq

$ 44.59

+0.83 +1.90%

Volume: 571,527

Aug. 12, 2022 4:00p

P/E Ratio

16.94

Dividend Yield

N/A

Market Cap

$31.76 billion

Rev. per Employee

N/A

/zigman2/quotes/231028167/composite

Add to watchlist NU

Nu Holdings Ltd. Cl A

US : U.S.: NYSE

$ 4.25

+0.17 +4.17%

Volume: 28.78M

Aug. 12, 2022 4:00p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

$19.71 billion

Rev. per Employee

$306,922