DVA - Warren Buffett Owns More Than a 23% Stake in These 3 Stocks
2023-04-14 05:48:00 ET
Most institutional investors try not to purchase more than a 10% stake in a company because it comes with additional regulatory reporting requirements that can be burdensome. But that hasn't stopped Warren Buffett's company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) from crossing the 10% threshold on about a dozen stocks in Berkshire's massive roughly $338 billion equities portfolio.
Buffett and Berkshire's motto has always been to go all in when you see a good opportunity, so it's no surprise to see Berkshire do this, not that executives at the company aren't also cognizant of the 10% rule. Here are three stocks in which Berkshire owns more than a 23% stake.
Berkshire began purchasing stock in the integrated healthcare delivery company Davita (NYSE: DVA) in 2011 and currently owns about $3 billion worth of shares, which equates to nearly 40% of all outstanding shares in the company. Still, the $3 billion position is relatively small overall and only constitutes about 0.90% of Berkshire's portfolio.
For further details see:
Warren Buffett Owns More Than a 23% Stake in These 3 Stocks