Conglomerates Financial Institutions Stakes 
The Motley Fool
MARCH 19, 2025
Buffett subsequently shut down Berkshire's textile business and transformed it into a diversified conglomerate with subsidiaries across the insurance, railroad, energy, and consumer staples sectors. Instead, it only partners with banks and other financial institutions to issue co-branded cards. of its portfolio.
The Motley Fool
OCTOBER 27, 2024
Warren Buffett, one of the world's most closely followed investors, has led his conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) It doesn't issue any cards of its own -- it only partners with banks and other financial institutions which are responsible for issuing the cards, handling those accounts, and collecting all that debt.
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The Motley Fool
JANUARY 28, 2024
is a renowned conglomerate that has delivered impressive capital growth over multiple decades, thanks to Warren Buffett's exceptional skill in finding and investing in undervalued businesses. Therefore, Berkshire's nearly 9% stake in the digital banking firm is somewhat surprising. Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B)
The Motley Fool
AUGUST 16, 2024
He recently cut the stake in his largest position, Apple , nearly in half. Visa and Mastercard Buffett clearly has a fondness for financial institutions involved in the credit card industry. The stakes are sizable, but not big enough that selling would have a huge effect on their share prices.
The Motley Fool
DECEMBER 9, 2023
Although Bank of America is a diversified financial institution, at a high level, all banks take in deposits and lend capital out, paying and charging for this facilitation. The fact that Bank of America has a moat might explain why Warren Buffett's Berkshire Hathaway has such a massive stake in the company.
The Motley Fool
SEPTEMBER 9, 2024
The shares of the giant conglomerate are now up more than 27% year to date, outperforming both the S&P 500 and Nasdaq Composite by a wide margin. Its portfolio managers have been on something of a selling spree lately -- making a large reduction in its Apple stake earlier this year and trimming its Bank of America position by 14.5%
The Motley Fool
FEBRUARY 17, 2024
Bank of America (NYSE: BAC) is Berkshire's second-largest position, with the Oracle of Omaha's conglomerate owning a 13.1% stake in the important financial institution. Berkshire Hathaway 's huge $369 billion portfolio has many businesses among its holdings to choose from.
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