Warren Buffett and Insiders Love These Stocks: Top 5 Stocks

2. The Coca-Cola Company (NYSE:KO)

Berkshire Hathaway’s Q2 2023 Investment: $24 billion

The Coca-Cola Company (NYSE:KO) is one of Warren Buffett’s oldest investments and he is famous for having said on record that he will never sell the company’s shares. Berkshire Hathaway is naturally the company’s largest investor since it owns a whopping 400 million shares that are worth $24 billion.

Including Berkshire, 61 out of the 910 hedge funds part of Insider Monkey’s second quarter of 2023 survey had invested in The Coca-Cola Company (NYSE:KO). Director Herbert Allen bought $1.9 million worth in shares for an average price of $60.18 in October 2022.

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