American tech firm Apple Inc. was the top stock holding of Berkshire Hathaway Inc. in the past year with the holding company owning at least 10% of eight other companies, Market Watch reported.
Berkshire ended 2021 with $157.520 billion worth of holdings in Apple, equivalent to a 5.41% ownership stake in the firm. Apple closed the year with a market capitalization of $2.913 trillion.
Berkshire closed the year with a 35.42% stake in DaVita Inc. worth $4.106 billion, 26.60% in Kraft Heinz Co. worth $11.960 billion, and 20.74% in Liberty Media Corp. Series A Sirius XM is worth $1.028 billion.
The firm also held at least 10% in five other firms, namely the Bank of America Corp., American Express Co., Moody’s Corp., VeriSign Inc., and Liberty Media Corp. Series C Liberty SiriusXM.
Berkshire also acquired shares of Activision Blizzard Inc. before it agreed to the $68.7-billion takeover deal by Microsoft Corp. in January. Its shares in the company were worth $975 million as of December 31, 2021.
Chief Executive Warren Buffett has long been bullish in Apple Inc. BRK-A was flat, DVA up 0.01%, KHC up 1.61%, LSXMA down 0.64% after hours, while AAPL was down 0.41%, BAC down 0.38%, AXP flat, MCO down 0.02%, VRSN up 0.31%, and ATVI down 0.07% premarket.