In this piece, we will take a look at the five biggest holding companies in the world. For more companies, head on over to 15 Biggest Holding Companies in the World.
5. PepsiCo, Inc. (NASDAQ:PEP)
Market Capitalization as of November 25th, 2022: $253 billion
PepsiCo, Inc. (NASDAQ:PEP) is a food and beverage company that sells products such as snacks, carbonated drinks, cereals, rice, pasta, and more. It is headquartered in Purchase, New York, the United States.
PepsiCo, Inc. (NASDAQ:PEP)’s third quarter results beat analyst estimates as the firm posted $1.97 in non-GAAP earnings per share (EPS) and $22 billion in revenue. The revenue marked an 8.8% annual growth despite a 3% exchange rate impact. PepsiCo, Inc. (NASDAQ:PEP)’s year to date revenue growth is 7.7%, as it capitalizes on the inflationary wave but maintains strong sales even as purchasing powers drop.
By the end of Q3 2022, 72 out of the 920 hedge funds part of Insider Monkey’s survey had bought PepsiCo, Inc. (NASDAQ:PEP)’s shares.
PepsiCo, Inc. (NASDAQ:PEP)’s largest investor is Terry Smith’s Fundsmith LLP which owns 7.1 million shares that are worth $1.1 billion.
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4. The Procter & Gamble Company (NYSE:PG)
Market Capitalization as of November 25th, 2022: $348 billion
The Procter & Gamble Company (NYSE:PG) is a household and personal products company that was set up in 1837 and is headquartered in Cincinnati, Ohio. The firm provides beauty, health, baby, and family care products.
The Procter & Gamble Company (NYSE:PG) is one of the largest consumer goods companies in the world, with its revenues exceeding $80 billion. Despite its scale, the firm’s stock has matched the S&P 500 index in terms of returns over the past five years. Over the past four years, its revenue has grown by 4.7% and non GAAP EPS has grown by 8.3% on average.
69 out of the 920 hedge funds polled by Insider Monkey during this year’s third quarter had invested in The Procter & Gamble Company (NYSE:PG).
The Procter & Gamble Company (NYSE:PG)’s largest shareholder is Ray Dalio’s Bridgewater Associates which owns 6.6 million shares that are worth $835 million.
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3. JPMorgan Chase & Co. (NYSE:JPM)
Market Capitalization as of November 25th, 2022: $401 billion
JPMorgan Chase & Co. (NYSE:JPM) is one of the oldest banks in the world as it was set up in 1799 and is headquartered in New York. New York, the United States. The firm provides consumer, corporate, investment, and commercial banking services.
JPMorgan Chase & Co. (NYSE:JPM) is a heavy hitter in the banking industry. Its balance sheet of $3.8 trillion makes the Bank of England look tiny in comparison, with the latter having a mere $102 billion under its belt. Additionally, the bank is on a growth track in the wake of the coronavirus pandemic, since its trailing twelve month free cash flow of $132 billion is significantly higher than 2021’s reading of $78 billion.
By the end of this year’s September quarter, 110 out of the 920 hedge funds polled by Insider Monkey had invested in JPMorgan Chase & Co. (NYSE:JPM).
JPMorgan Chase & Co. (NYSE:JPM)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 7.8 million shares that are worth $820 million.
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2. Johnson & Johnson (NYSE:JNJ)
Market Capitalization as of November 25th, 2022: $463 billion
Johnson & Johnson (NYSE:JNJ) is an American company that offers consumer health and pharmaceutical products. It is based in Brunswick, New Jersey.
Despite being one of the largest companies in the world, Johnson & Johnson (NYSE:JNJ) is valued at approximately 5x of its sales and 17x of its earnings, indicating the market’s confidence in a firm that is very likely to be a strong stock pick should a recession hit. The firm is also acquiring a medical company for $16 billion to further grow its subsidiary portfolio.
85 out of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey of 920 hedge funds had bought Johnson & Johnson (NYSE:JNJ)’s shares.
Johnson & Johnson (NYSE:JNJ)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 5.9 million shares that are worth $967 million.
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1. Berkshire Hathaway Inc. (NYSE:BRK-B)
Market Capitalization as of November 25th, 2022: $699 billion
Berkshire Hathaway Inc. (NYSE:BRK-B) is the largest holding company in the world, and perhaps the most well known as well. Headed by the legendary Warren Buffett, the firm has stakes in banking, financial services, media, automotive manufacturing, semiconductors, consumer technology, and renewable energy businesses.
Berkshire Hathaway Inc. (NYSE:BRK-B)’s third quarter portfolio sent shock waves around the industry when it disclosed that it had bought a $4.1 billion stake in the Taiwan Semiconductor Manufacturing Company (NYSE:TSM). TSMC is the world’s largest contract chip manufacturer, and Berkshire Hathaway Inc. (NYSE:BRK-B)’s decision to invest in it shows the confidence that the investment company has in both the industry and the company.
Insider Monkey studied 920 hedge fund portfolios for this year’s September quarter to discover that 104 had invested in Berkshire Hathaway Inc. (NYSE:BRK-B).
Out of these, Michael Larson’s Bill & Melinda Gates Foundation Trust is Berkshire Hathaway Inc. (NYSE:BRK-B)’s largest investor through a $7.9 billion stake that comes courtesy of 29 million shares.
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Disclosure: None. You can also take a look at 10 Best Robotics Stocks Under $10 and 15 Most Valuable Canadian Companies.
