Buffett’s Berkshire Hathaway Inc., based in Omaha, Nebraska, said in a quarterly update with regulators this week that it picked up nearly 11 million shares of Kroger stock during the second quarter, raising its holdings to 61.8 million shares.
Does Buffett own Kroger stock?
Buffett’s company owns nearly 61.8 million shares of food retailing titan Kroger (NYSE:KR), which remains the largest supermarket company in America.
Does Warren Buffet own Kroger?
Berkshire Hathaway Inc. BRK said in a quarterly update with regulators Monday that it picked up nearly 11 million shares of Kroger KR stock during the second quarter, raising its holdings to 61.8 million shares. Buffett’s company has been steadily adding to its Kroger holdings in recent quarters.
How much of Kroger does Warren Buffett Own?
BRK. B, +0.20% BRK. A, +0.34% purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger’s fiscal first quarter.
What 5 stocks Does Warren Buffett Own?
Warren Buffett’s Top 10 Stock Picks
- The Bank of New York Mellon Corporation (NYSE:BK) Percentage of Berkshire Hathaway’s 13F Portfolio: 1.27% …
- DaVita Inc. (NYSE:DVA) …
- U.S. Bancorp (NYSE:USB) Percentage of Berkshire Hathaway’s 13F Portfolio: 2.56% …
- Verizon Communications Inc. (NYSE:VZ) …
- Moody’s Corporation (NYSE:MCO)
Who owns the most stock in Kroger?
Top 10 Owners of Kroger Co
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 10.74% | 78,978,401 |
| Berkshire Hathaway, Inc. (Investm… | 8.40% | 61,787,910 |
| BlackRock Fund Advisors | 6.88% | 50,579,549 |
| SSgA Funds Management, Inc. | 5.05% | 37,140,961 |
Why is Warren Buffett buying Kroger stock?
The grocery store business checks off many boxes for Buffett: It’s simple, durable and not too susceptible to technological change. For everyday investors on today’s stock trading platforms, the logic behind Kroger is simple: People will always need to eat.
What company owns Kroger?
The Kroger Co. operates grocery retail stores under the following banners: Supermarkets – Kroger, Ralphs, Dillons, Smith’s, King Soopers, Fry’s, QFC, City Market, Owen’s, Jay C, Pay Less, Baker’s, Gerbes, Harris Teeter, Pick ‘n Save, Metro Market, Mariano’s. Multi-department stores – Fred Meyer.
When did Buffett buy Kroger?
Buffett first took an ownership position in Kroger in the fourth quarter of 2019. His investment firm bought 18.9 million shares during that quarter, according to SEC filings.
Share Statistics
| Avg Vol (3 month) 3 | 7.51M |
|---|---|
| Avg Vol (10 day) 3 | 8.66M |
| Shares Outstanding 5 | 735.26M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 666.95M |
Is Kroger a good company to invest in?
Good reasons to buy
There are faster-growing stocks in the industry. … Finally, Kroger still pays a higher dividend yield than most rivals, even after the stock’s jump in 2021. At 1.80%, that yield beats the wider markets’ and is well above Walmart’s and Costco’s (NASDAQ: COST) payouts.
What four stocks Does Warren Buffett Own?
Warren Buffett’s Berkshire Hathaway has the largest holdings in four stocks — Apple, Bank of America, American Express, and Coca-Cola (as at the end of December 2020).
What does Warren Buffett Own?
Top stocks that Warren Buffett owns by size
| Stock | Number of Shares Owned | Value of Stake |
|---|---|---|
| Apple (NASDAQ:AAPL) | 907,559,761 | $130.6 billion |
| Bank of America (NYSE:BAC) | 1,032,852,006 | $44.7 billion |
| American Express (NYSE:AXP) | 151,610,700 | $27 billion |
| Coca-Cola (NYSE:KO) | 400,000,000 | $21.6 billion |
How much of Apple Does Warren Buffett Own?
Berkshire Hathaway began buying Apple stock in 2016 and by mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Flash forward to 2022 and the Apple investment is now worth $160 billion as the massive rally extended into the new year.
What company owns Apple?
Now Apple Inc. is owned by two main institutional investors (Vanguard Group and BlackRock, Inc). While its major individual shareholders comprise people like Art Levinson, Tim Cook, Bruce Sewell, Al Gore, Johny Sroujli, and others.
What broker does Warren Buffett use?
Meet John Freund: Warren Buffett’s Broker Of 30 Years And The Citi Banker Who Alerted Him To Sokol’s Deception. Fox Business Grab via YouTube John Freund is not just Warren Buffett’s broker of 30 years.