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.
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