Warren Buffett’s 5 Longest Held Stocks

In this piece, we will take a look at Warren Buffett’s five longest held stocks. If you want to know why he’s the Oracle and how he’s evovled over the years, then you must check out Warren Buffett’s 12 Longest Held Stocks.

5. The Procter & Gamble Company (NYSE:PG)

Warren Buffett’s First Major Purchase: 2005

The Procter & Gamble Company (NYSE:PG) is a consumer goods giant. Warren Buffett’s investment firm owns 327,100 shares of the company that are worth $50 million as of March 2023. Over the years, Berkshire has been slowly reducing its stake in The Procter & Gamble Company (NYSE:PG). It had owned 76.77 million shares in 2011 which first dropped to 73.25 million and then 52.79 million in 2012. The last major reduction was in 2016 and the stake has remained constant since then.

The Procter & Gamble Company (NYSE:PG)’s largest hedge fund investor out of the 943 in our database is Ray Dalio’s Bridgewater Associates with a $735 million investment. Overall, 75 funds have invested in it.

4. Globe Life Inc. (NYSE:GL)

Warren Buffett’s First Major Purchase: 2001

Globe Life Inc. (NYSE:GL) was initially known as Torchmark and the firm adopted its latest name in 2019. Therefore, it’s quite a task to find out when Mr. Buffett first invested in the firm. This was in 2001, and as of Q1 2023, he owned 6.3 million shares that are worth $699 million. It belongs to one of Mr. Buffett’s favorite industries, i.e. insurance, and 24 of the 943 hedge funds part of Insider Monkey’s database have invested in it.

3. Moody’s Corporation (NYSE:MCO)

Warren Buffett’s First Major Purchase: 2000

Moody’s Corporation (NYSE:MCO) is one of the premier credit ratings agencies in the world, with its reports relied on by some of the biggest investors on the planet. Berkshire Hathaway owns a massive $7.5 billion stake in the company which comes through 24.6 million shares.

After digging through 943 hedge funds for their Q1 2023 shareholdings, Insider Monkey discovered that 51 had held Moody’s Corporation (NYSE:MCO)’s shares. Berkshire is the largest investor in the company.

2. American Express Company (NYSE:AXP)

Warren Buffett’s First Major Purchase: 1991

Mr. Buffett has had a storied past with American Express Company (NYSE:AXP), and if you’re really eager to see how he has evolved as an investor, then do check out the first part of this piece. While he first dabbled in the shares in the 60s, his first major purchase came in 1991. As of 2023’s first quarter, he owns 151 million shares that are worth ‘just’ $29 billion. What’s more is that he has continued to own 151 million shares since 2010 at the very least, when they were worth $6.5 billion.

Along with the Oracle, 77 of the 943 hedge funds part of Insider Monkey’s database had also owned American Express Company (NYSE:AXP)’s shares. If you hadn’t guessed, he’s the firm’s largest investor as well.

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

Warren Buffett’s First Major Purchase: 1998

Not only is The Coca-Cola Company (NYSE:KO) Warren Buffett’s oldest investment, but he is also one of its biggest marketers. The 92 year old investor drinks Coke regularly, so go ahead, you can take that sip as well. His investment in the firm is worth $24.8 billion, and like American Express, the number of shares owned has remained relatively constant. Berkshire is The Coca-Cola Company (NYSE:KO)’s largest shareholder, and overall, 61 hedge funds had invested in the firm as of March 2023.

Disclosure: None. You can also take a look at 17 Biggest Finance Companies in the World and 13 Best Most Active Stocks to Buy Now.

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