5 Cheapest Stocks Warren Buffett Owns

3. Citigroup Inc. (NYSE:C)

Berkshire Hathaway’s Latest Investment: $2.5 billion

TTM P/E Ratio: 6.7

Citigroup Inc. (NYSE:C) is one of the largest banks in America, with close to a quarter of a million employees. The bank created a bit of controversy in August when it was revealed that it had bought $160 million of Russian aluminum, motivated by perhaps a steep discount in global aluminum prices.

Insider Monkey scoured through 910 hedge funds for their second quarter of 2023 shareholdings and discovered that 75 had invested in Citigroup Inc. (NYSE:C). Citigroup Inc. (NYSE:C)’s largest hedge fund investor is Berkshire Hathaway courtesy of a $2.5 billion investment.

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