Who Owns the Most Berkshire Hathaway Stock Besides Warren Buffett? | The Motley Fool (2024)
Who owns the second-most Berkshire Hathaway stock? That depends on a few factors.
Warren Buffett is the largest holder of Berkshire Hathaway(BRK.A -2.17%) (BRK.B -1.27%) stock. He owns around 227,416 shares of Class A stock, and 276 shares of Class B stock. These stakes combine for a value of roughly $136 billion, representing a 31.6% voting interest in the company.
Who is the second-largest shareholder of Berkshire Hathaway? That depends on exactly what you're looking at.
This is who owns the second-most shares of Berkshire Hathaway
When looking at who owns the second-most shares of Berkshire Hathaway, it's important to distinguish between share classes. Berkshire has both Class A and Class B shares, each of which have different prices with different levels of voting power. Class A shares currently trade for $600,000 apiece, while Class B shares trade for just $400 apiece.
When it comes to who has the most individual financial interest in Berkshire besides Buffett, it would be his daughter, Susan Alice Buffett. She owns roughly 4.4 million Class B shares, but only 80 Class A shares. She therefore controls only 0.1% of the company's voting power.
If you want to know who has the most voting power, you need to look beyond individuals and at institutions. The Vanguard Group, for instance, owns roughly 146 million class B shares, representing 11% of the total Class B shares outstanding. Its aggregate voting power is far greater than Susan Alice Buffett's, but nearly all of these shares are actually controlled by the many individuals who own Vanguard funds.
So while Susan Alice Buffett is the second largest Berkshire shareholder, that's only if you ignore massive institutions like Vanguard that control giant blocks of shares.
Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway. The Motley Fool has a disclosure policy.
When it comes to who has the most individual financial interest in Berkshire besides Buffett, it would be his daughter, Susan Alice Buffett. She owns roughly 4.4 million Class B shares
Class B shares
A share is defined as an ownership of equity in a corporation. Class B shares are known as a type of classification of common stock which may have more or fewer voting rights as compared to Class A shares. In the event of bankruptcy, Class B shares may have a lower repayment priority as well.
Warren Buffett is the largest holder of Berkshire Hathaway (NYSE: BRK. A)(NYSE: BRK.B) stock. He owns around 227,416 shares of Class A stock, and 276 shares of Class B stock. These stakes combine for a value of roughly $136 billion, representing a 31.6% voting interest in the company.
Warren Buffett's 37.3% ownership of Berkshire Hathaway is central to understanding the company's stability, governance, and investing philosophy. His enormous stake serves as the bedrock of investor confidence, impacting everything from day-to-day operations to long-term strategic acquisitions.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Spdr S&p 500 Etf Trust, FXAIX - Fidelity 500 Index Fund, and IVV - iShares ...
PGR, TRV, ALL, ACGL, MKL, WRB, ERIE, CINF, FNF, and CNA. Should you be buying Berkshire Hathaway stock or one of its competitors? The main competitors of Berkshire Hathaway include Progressive (PGR), Travelers Companies (TRV), Allstate (ALL), Arch Capital Group (ACGL), Markel Group (MKL), W. R.
The Bill and Melinda Gates (BMG) Foundation Trust had $42 billion invested across 24 stocks as of the fourth quarter, but 51% of that sum was concentrated in two positions: 34% in Microsoft (NASDAQ: MSFT) and 17% in Berkshire Hathaway (NYSE: BRK. A) (NYSE: BRK.B).
Berkshire Hathaway publicizes its stock purchases, sales and holdings each quarter. The so-called Warren Buffett stocks include Apple, Atlanta Braves Holdings and Coca-Cola as of May 2024.
At the Berkshire Hathaway 2021 annual meeting, executive vice chair Charlie Munger made an offhand remarking identifying Greg Abel as the successor to CEO Warren Buffett. Greg Abel is currently Berkshire's vice chair of Non-Insurance Business Operations and the chair of subsidiary Berkshire Energy Holdings.
OMAHA, Nebraska, May 2 (Reuters) - A longtime Berkshire Hathaway (BRKa. N) , opens new tab director said Greg Abel, who is expected to succeed Warren Buffett as chief executive, may not get the same leeway from the conglomerate's board of directors to make acquisitions.
Berkshire created two share classes in 1996 to make investing more accessible. Both share classes offer essentially the same exposure to the company's success. Most investors are better off sticking with Class B shares for their flexibility and affordability.
Buffett worked with Christopher Webber on an animated series called "Secret Millionaires Club" with chief Andy Heyward of DiC Entertainment. The series features Buffett and Munger and teaches children healthy financial habits. Buffett was raised as a Presbyterian, but has since described himself as agnostic.
BlackRock, Inc. is the world's largest asset management, with about $8.5 trillion under management as of Q2 2022. 2 Based on Berkshire Hathaway's similar portfolio management role, Berkshire Hathaway and BlackRock can be considered competitors.
The all-time high Berkshire Hathaway stock closing price was 634440.00 on March 28, 2024. The Berkshire Hathaway 52-week high stock price is 741971.39, which is 20.9% above the current share price. The Berkshire Hathaway 52-week low stock price is 502000.00, which is 18.2% below the current share price.
Apple is Berkshire's largest public stock holding by far. Berkshire's $151 billion Apple stake is roughly four times larger than its second-largest holding. Buffett first bought Apple shares in the first quarter of 2016, and Apple's stock price is up more than 500% since the beginning of 2016.
How much Berkshire Hathaway stock did Munger hold at the time of his death? Most of Munger's net worth at the time of his passing was in the form of Berkshire Hathaway Class A stock, of which he owned 4,033 shares as of Oct. 5, 2023.
It's Vanguard. Thanks to the surging popularity of its index funds, Vanguard is now the No. 1 owner of 330 stocks in the S&P 500, or two-thirds of the world's most important collection of stocks, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.
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