Filing Details
- Accession Number:
- 0001193125-22-041102
- Form Type:
- 13D Filing
- Publication Date:
- 2022-02-13 19:00:00
- Filed By:
- Berkshire Hathaway
- Company:
- Davita Inc. (NYSE:DVA)
- Filing Date:
- 2022-02-14
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Warren E. Buffett | 0 | 36,095,570 | 0 | 36,095,570 | 36,095,570 | 37.5% |
Berkshire Hathaway Inc | 0 | 36,095,570 | 0 | 36,095,570 | 36,095,570 | 37.5% |
National Indemnity Company | 0 | 18,513,482 | 0 | 18,513,482 | 18,513,482 | 19.2% |
GEICO Corporation | 0 | 18,513,482 | 0 | 18,513,482 | 18,513,482 | 19.2% |
Government Employees Insurance Company | 0 | 11,208,904 | 0 | 11,208,904 | 11,208,904 | 11.6% |
GEICO Advantage Insurance Company | 0 | 223,398 | 0 | 223,398 | 223,398 | 0.2% |
GEICO Choice Insurance Company | 0 | 222,842 | 0 | 222,842 | 222,842 | 0.2% |
GEICO Indemnity Company | 0 | 6,795,084 | 0 | 6,795,084 | 6,795,084 | 7.1% |
GEICO Secure Insurance Company | 0 | 63,254 | 0 | 63,254 | 63,254 | 0.1% |
Berkshire Hathaway Consolidated Pension Plan Master Trust | 0 | 10,532,088 | 0 | 10,532,088 | 10,532,088 | 10.9% |
BNSF Master Retirement Trust | 0 | 6,850,000 | 0 | 6,850,000 | 6,850,000 | 7.1% |
Scott Fetzer Company Collective Investment Trust | 0 | 200,000 | 0 | 200,000 | 200,000 | 0.2% |
R. Ted Weschler | 2,039,806 | 0 | 2,039,806 | 143,374 | 2,183,180 | 2.3% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D/A
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)
(Amendment No. 8)
DAVITA INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
23918K108
(CUSIP Number)
MARC D. HAMBURG
BERKSHIRE HATHAWAY INC.
3555 FARNAM STREET
OMAHA, NEBRASKA 68131
(402) 346-1400
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 11, 2022
(Date of Event Which Requires Filing of this Statement)
If the person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ☒
Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
1 | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 2 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
Warren E. Buffett | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 (see Item 5) | ||||
8 | SHARED VOTING POWER
36,095,570 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 (see Item 5) | |||||
10 | SHARED DISPOSITIVE POWER
36,095,570 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,095,570 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
37.5% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IN |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 3 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
Berkshire Hathaway Inc. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
36,095,570 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
36,095,570 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,095,570 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
37.5% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
HC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 4 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
National Indemnity Company | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Nebraska |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
18,513,482 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
18,513,482 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,513,482 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.2% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 5 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
GEICO Corporation | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
AF | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
18,513,482 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
18,513,482 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,513,482 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.2% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
HC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 6 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
Government Employees Insurance Company | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Nebraska |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
11,208,904 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
11,208,904 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,208,904 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.6% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 7 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
GEICO Advantage Insurance Company | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Nebraska |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
223,398 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
223,398 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
223,398 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 8 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
GEICO Choice Insurance Company | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Nebraska |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
222,842 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
222,842 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
222,842 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 9 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
GEICO Indemnity Company | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Nebraska |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
6,795,084 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
6,795,084 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,795,084 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 10 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
GEICO Secure Insurance Company | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Nebraska |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
63,254 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
63,254 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
63,254 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IC, CO |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 11 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
Berkshire Hathaway Consolidated Pension Plan Master Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Nebraska |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
10,532,088 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
10,532,088 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,532,088 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.9% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
EP |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 12 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
BNSF Master Retirement Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Texas |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
6,850,000 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
6,850,000 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,850,000 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
EP |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 13 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
Scott Fetzer Company Collective Investment Trust | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
State of Ohio |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
200,000 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
200,000 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
200,000 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
EP |
CUSIP NO. 23918K108 | SCHEDULE 13D | PAGE 14 OF 17 PAGES |
1 | NAMES OF REPORTING PERSONS
R. Ted Weschler | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☒ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
PF, OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) or 2(f)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
2,039,806 | ||||
8 | SHARED VOTING POWER
0 (see Item 5) | |||||
9 | SOLE DISPOSITIVE POWER
2,039,806 | |||||
10 | SHARED DISPOSITIVE POWER
143,374 (see Item 5) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,183,180 (see Item 5) | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.3% (see Item 5) | |||||
14 | TYPE OF REPORTING PERSON*
IN |
CUSIP NO. 23918K108 | SCHEDULE 13D/A | PAGE 15 OF 17 PAGES |
This Amendment No. 8 to Schedule 13D amends and supplements the previously reported information set forth in the Schedule 13D filed by the Reporting Persons with the Securities and Exchange Commission (the Commission) on August 4, 2021, as amended (the 13D) with respect to the shares of the Common Stock, par value $0.001 per share (Common Stock), of DaVita Inc. (DVA). This Amendment No. 8 is being filed on account of DVAs repurchase of its shares of Common Stock, and the amendment and restatement on February 9, 2022 of the letter agreement dated May 7, 2013 between Berkshire and DVA. Capitalized terms used but not defined herein shall have the meanings assigned to them in the 13D.
Item 2 of this 13D is hereby amended as follows:
Items 2(a)-(c) and (f) of this 13D are hereby amended to include the information filed on Exhibit 1 hereto concerning the name, state or other place of organization, principal business, and the address of the principal office of each of the Berkshire Entities, and the name, business address, present principal occupation or employment, and the name, principal business address of any corporation or other organization in which such employment or occupation is conducted, and the citizenship of, Mr. Buffett, Mr. Weschler and each of the executive officers and directors of the Berkshire Entities.
Items 5(a)-(b) of this 13D are hereby amended and restated as follows:
(a) Government Employees Insurance Company (GEICO) is the holder of record of 11,208,904 shares of DVA Common Stock, which represents 11.6% of the outstanding DVA Common Stock. GEICO Advantage Insurance Company (GEICO Advantage) is the holder of record of 223,398 shares of DVA Common Stock, which represents 0.2% of the outstanding DVA Common Stock. GEICO Choice Insurance Company (GEICO Choice) is the holder of record of 222,842 shares of DVA Common Stock, which represents 0.2% of the outstanding DVA Common Stock. GEICO Indemnity Company (GEICO Indemnity) is the holder of record of 6,795,084 shares of DVA Common Stock, which represents 7.1% of the outstanding DVA Common Stock. GEICO Secure Insurance Company (GEICO Secure and, collectively with GEICO, GEICO Advantage, GEICO Choice and GEICO Indemnity, the Insurance Company Holders) is the holder of record of 63,254 shares of DVA Common Stock, which represents less than 0.1% of the outstanding DVA Common Stock. Collectively, the Insurance Company Holders directly own 18,513,482 shares of DVA Common Stock, which represents 19.2% of the outstanding DVA Common Stock. Each of the Insurance Company Holders is a wholly-owned subsidiary of (and controlled by) GEICO Corp. GEICO Corp is a wholly-owned subsidiary of (and controlled by) NICO. Thus, each of NICO and GEICO Corp may be deemed to have beneficial ownership of the Insurance Company Shares.
Berkshire Hathaway Consolidated Pension Plan Master Trust is the holder of record of 10,532,088 shares of DVA Common Stock, which represents 10.9% of the outstanding DVA Common Stock. BNSF Master Retirement Trust is the holder of record of 6,850,000 shares of DVA Common Stock, which represents 7.1% of the outstanding DVA Common Stock. Scott Fetzer Company Collective Investment Trust is the holder of record of 200,000 shares of DVA Common Stock, which represents 0.2% of the outstanding DVA Common Stock. Collectively, the pension plans referenced in this paragraph (the Pension Plan Holders) directly own 17,582,088 shares of DVA Common Stock, which represents 18.3% of the outstanding DVA Common Stock.
CUSIP NO. 23918K108 | SCHEDULE 13D/A | PAGE 16 OF 17 PAGES |
Mr. Buffett may be deemed to control Berkshire, which controls NICO. Thus, Mr. Buffett and Berkshire may be deemed to have beneficial ownership of the Shares.
Mr. Weschler beneficially owns 2,183,180 shares of DVA Common Stock, which represents 2.3% of the outstanding DVA Common Stock. Mr. Weschler disclaims beneficial ownership of all Insurance Company Shares and Pension Plan Shares.
The Annual Report on Form 10-K for the year ended December 31, 2021 filed by DVA with the SEC on February 11, 2022 reports that approximately 96.3 million shares of Common Stock were issued and outstanding as of January 31, 2022. Based on this information, Berkshire has assumed that 96.3 million shares of Common Stock were issued and outstanding as of January 31, 2022 for purposes of this 13D, and all calculations of percentage ownership in this 13D are based on such assumed number of issued and outstanding shares.
(b) The Insurance Company Holders have both voting and investment power with respect to the Insurance Company Shares owned by them and the Pension Plan Holders have both voting and investment power with respect to the Pension Plan Shares owned by them. However, because NICO and GEICO Corp control the Insurance Company Holders, NICO and GEICO Corp may be deemed to share voting and investment power with respect to the Insurance Company Shares. In addition, Berkshire directs the investments of NICO, GEICO Corp, and the Pension Plan Holders. Thus, Mr. Buffett, who may be deemed to control Berkshire, and Berkshire share voting power and investment power with respect to the Shares.
Mr. Weschler has sole voting and investment power with respect to 2,039,806 of the Weschler Shares and shared dispositive (but not voting) power with respect to 143,374 of the Weschler Shares.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
As previously reported on a Form 8-K filed May 7, 2013 by DVA, on May 7, 2013, DVA entered into a letter agreement (the Standstill Agreement) with Berkshire, on behalf of itself and its affiliates (collectively, Investor) pursuant to which Investor agreed, subject to certain exceptions and to the termination provisions specified in the Standstill Agreement, during any period during which Investor beneficially owns 15% or more of the then-outstanding Common Stock, not to acquire beneficial ownership of DVA exceeding 25% of DVAs then-outstanding Common Stock, and to certain other provisions respecting stockholder proposals and meetings, mergers and other matters specified therein. On February 9, 2022, as reported on a Form 8-K filed by DVA, the Standstill Agreement was amended and restated (the Amended Standstill Agreement). In addition to the provisions described above, under the Amended Standstill Agreement, Investor agreed that from and after the first date that Mr. Buffett is no longer CEO of Investor and Mr. Weschler is no longer an investment manager of Investor, Investor shall cause any shares of Common Stock beneficially owned by Investor in excess of 15% but less than 40% of the then-outstanding voting stock of DVA to vote or consent on any matter in the same proportion as the votes or consents of shares of the voting stock of DVA voted or consented with respect to such matter (excluding shares with respect to which the votes were withheld, abstained or otherwise not cast) and not beneficially owned by Investor. The Amended Standstill Agreement also requires any shares of Common Stock beneficially owned by Investor in excess of 40% of the then-outstanding voting shares of DVA to vote or consent on any manner in accordance with the recommendation of the Board, whether at an annual meeting or special meeting of stockholders of the Company by written consent or otherwise.
CUSIP NO. 23918K108 | SCHEDULE 13D/A | PAGE 17 OF 17 PAGES |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement on Schedule 13D is true, complete, and correct.
Dated: February 14, 2022
/s/ Warren E. Buffett | ||
Warren E. Buffett | ||
BERKSHIRE HATHAWAY INC. | ||
By: | /s/ Warren E. Buffett | |
Warren E. Buffett | ||
Chairman of the Board | ||
NATIONAL INDEMNITY COMPANY, GEICO CORPORATION, GOVERNMENT EMPLOYEES INSURANCE COMPANY, GEICO ADVANTAGE INSURANCE COMPANY, GEICO CHOICE INSURANCE COMPANY, GEICO INDEMNITY COMPANY, GEICO SECURE INSURANCE COMPANY, BERKSHIRE HATHAWAY CONSOLIDATED PENSION PLAN MASTER TRUST, BNSF MASTER RETIREMENT TRUST, AND SCOTT FETZER COMPANY COLLECTIVE INVESTMENT TRUST | ||
By: | /s/ Warren E. Buffett | |
Warren E. Buffett Attorney-in-Fact | ||
/s/ R. Ted Weschler R. Ted Weschler |
Exhibit 1
CERTAIN INFORMATION ABOUT THE REPORTING PERSONS
AND THE EXECUTIVE OFFICERS AND DIRECTORS OF THE REPORTING PERSONS
Set forth below is information about (i) the name, state of organization, principal business, and the address of the principal office of each of the Berkshire Entities and (ii) the name and title of each executive officer and director of the Berkshire Entities, his or her business address, and his or her present principal occupation or employment, and the name, principal business, and address of any corporation or other organization in which such employment is conducted. Each natural person listed below is a citizen of the United States.
(1) Berkshire Hathaway Inc.
Berkshire Hathaway Inc., a Delaware corporation (Berkshire), is a holding company engaged through its subsidiaries in a number of diverse businesses, the most important of which is property and casualty insurance and reinsurance offered on both a direct and reinsurance basis through its insurance subsidiaries. The principal office of Berkshire is located at 3555 Farnam Street, Omaha, Nebraska 68131. The executive officers of Berkshire are Warren E. Buffett, Chairman and Chief Executive Officer, Charles T. Munger, Vice Chairman, Marc D. Hamburg, Senior Vice President and Chief Financial Officer, Jo Ellen Rieck, Vice President Taxes, Daniel J. Jaksich, Vice President Controller, and Mark D. Millard Vice President. The directors of Berkshire are Warren E. Buffett, Charles T. Munger, Gregory E. Abel, Howard G. Buffett, Susan A. Buffett, Stephen B. Burke, Susan L. Decker, Kenneth I. Chenault, Christopher C. Davis, David S. Gottesman, Charlotte Guyman, Ajit Jain, Thomas S. Murphy, Ronald L. Olson, and Meryl B. Witmer.
(2) National Indemnity Company
National Indemnity Company, a Nebraska corporation (NICO), is a property and casualty insurance company. The principal office of NICO is located at 1314 Douglas Street, Omaha, Nebraska 68102. The executive officers of NICO are Donald F. Wurster, President, Ajit Jain, Executive Vice President, Scott R. Doerr, Senior Vice President, Phillip M. Wolf, Senior Vice President, Brian G. Snover, Senior Vice President Secretary, Philip M. Wolf, Senior Vice President, and Dale Geistkemper, Treasurer. The directors of NICO are Donald F. Wurster, Phillip M. Wolf, Marc D. Hamburg, Ajit Jain, Brian G. Snover, Bruce J. Byrnes, and Daniel J. Jaksich.
(3) GEICO Corporation
GEICO Corporation, a Delaware corporation (GEICO Corp) is an intermediate holding company which is a direct wholly-owned subsidiary of NICO. The principal office of GEICO Corp is located at 5260 Western Avenue, Chevy Chase, Maryland 20815. The executive officers of GEICO Corp are Todd A. Combs, CEO, Jonathan Shafner, Vice President General Counsel and Hollis A. White, Treasurer. The Directors of GEICO Corp are Warren E. Buffett and Marc D. Hamburg.
(4) Government Employees Insurance Company
Government Employees Insurance Company, a Maryland corporation (GEICO), is a property and casualty insurance company. The principal office of GEICO is 5260 Western Avenue, Chevy Chase, MD 20815. The executive officers of GEICO are Todd A. Combs, CEO, Stephen G. Kalinsky, Executive Vice President, Hollis A. White, Treasurer, and Jonathan Shafner, Vice President General Counsel. The directors of GEICO are Shawn A. Burklin, Seth M. Ingall, Stephen G. Kalinsky, Robert M. Miller, Olza M. Nicely, Nancy L. Pierce, William E. Roberts and Todd A. Combs.
(5) GEICO Advantage Insurance Company
Government Advantage Insurance Company, a Nebraska corporation (GEICO Advantage), is a property and casualty insurance company. The principal office of GEICO Advantage is 5260 Western Avenue, Chevy Chase, MD 20815. The executive officers of GEICO Advantage are Todd A. Combs, CEO, Stephen G. Kalinsky, Executive Vice President, Hollis A. White, Treasurer and Jonathan Shafner, Vice President General Counsel. The directors of GEICO Advantage are Shawn A. Burklin, Seth M. Ingall, Stephen G. Kalinsky, Robert M. Miller, Olza M. Nicely, Nancy L. Pierce, William E. Roberts, Stephen C. Parsons, Daniel J. Jaksich and Todd A. Combs.
(6) GEICO Choice Insurance Company
GEICO Choice Insurance Company, a Nebraska corporation (GEICO Choice), is a property and casualty insurance company. The principal office of GEICO Choice is 5260 Western Avenue, Chevy Chase, MD 20815. The executive officers of GEICO Choice are Todd A. Combs, CEO, Stephen G. Kalinsky, Executive Vice President, Hollis A. White, Treasurer and Jonathan Shafner, Vice President General Counsel. The directors of GEICO Choice are Shawn A. Burklin, Seth M. Ingall, Stephen G. Kalinsky, Robert M. Miller, Olza M. Nicely, Nancy L. Pierce, William E. Roberts, James F. Nayden, Stephen C. Parsons, Daniel J. Jaksich and Todd A. Combs.
(7) GEICO Indemnity Insurance Company
GEICO Indemnity Insurance Company, a Maryland corporation (GEICO Indemnity), is a property and casualty insurance company. The principal office of GEICO Indemnity is 5260 Western Avenue, Chevy Chase, MD 20815. The executive officers of GEICO Indemnity are Todd A. Combs, CEO, Stephen G. Kalinsky, Executive Vice President, Hollis A. White, Treasurer and Jonathan Shafner, Vice President General Counsel. The directors of GEICO Indemnity are Shawn A. Burklin, Seth M. Ingall, Stephen G. Kalinsky, Robert M. Miller, Olza M. Nicely, Nancy L. Pierce, William E. Roberts, James F. Nayden, and Todd A. Combs.
(8) GEICO Secure Insurance Company
GEICO Secure Insurance Company, a Nebraska corporation (GEICO Secure), is a property and casualty insurance company. The principal office of GEICO Secure is 5260 Western Avenue, Chevy Chase, MD 20815. The executive officers of GEICO Secure are Todd A. Combs, CEO, Stephen G. Kalinsky, Executive Vice President, Hollis A. White, Treasurer and Jonathan Shafner, Vice President General Counsel. The directors of GEICO Secure are Shawn A. Burklin, Seth M. Ingall, Stephen G. Kalinsky, Robert M. Miller, Olza M. Nicely, Nancy L. Pierce, William E. Roberts, Todd A. Combs and Daniel J. Jaksich.
Name | Principal Occupation | Business Address | ||
Howard G. Buffett | President of Buffett Farms | 407 Southmoreland Place, Decatur, Illinois 62521 | ||
Susan A. Buffett | Chairman of the Susan A. Buffett Foundation and the Sherwood Foundation, each of which is a grant-making foundation | 808 Conagra Drive, Omaha, NE 68102 | ||
Warren E. Buffett | Chairman and Chief Executive Officer of Berkshire | 3555 Farnam Street, Omaha, NE 68131 | ||
Stephen B. Burke | Former Chairman and CEO of NBC Universal, a media and entertainment company | 30 Rockefeller Plaza, New York, NY 10112 | ||
Shawn A. Burklin | Senior Vice President GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Bruce J. Byrnes | Vice President of NICO | 1314 Douglas Street, Omaha, NE 68132 | ||
Christopher C. Davis | Chairman of Davis Advisors, an investment management and counseling firm | 620 Fifth Avenue, New York, NY 10020 | ||
Susan L. Decker | CEO of Raftr, a digital media product | 2700 Pierce Street, San Francisco, CA 94123 | ||
Scott R. Doerr | Senior Vice President of NICO | 1314 Douglas Street, Omaha, NE 68102 | ||
Dale Geistkemper | Treasurer of National Indemnity Company | 1314 Douglas Street, Omaha, NE 68102 | ||
David S. Gottesman | Senior Managing Director of First Manhattan Company, an investment advisory firm | 309 Park Avenue, New York, NY 10022 | ||
Charlotte Guyman | Former general manager with Microsoft Corporation | 1127 Evergreen Point Road, Medina, WA 98039 | ||
Marc D. Hamburg | Senior Vice President and Chief Financial Officer of Berkshire | 3555 Farnam Street, Omaha, NE 68131 | ||
Kenneth I. Chenault | Managing Director of General Catalyst, a venture capital firm | 434 Broadway, New York, NY 10013 | ||
Todd A. Combs | President, CEO of GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Gregory E. Abel | Vice Chairman Non-Insurance Operations of Berkshire | 3555 Farnam Street, Omaha, NE 68131 | ||
Seth M. Ingall | Senior Vice President, GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Ajit Jain | Vice Chairman Insurance Operations of Berkshire and Executive Vice President of NICO | 1314 Douglas Street, Omaha, NE 68102 | ||
Daniel J. Jaksich | Vice President Controller of Berkshire | 3555 Farnam Street, Omaha, NE 68131 | ||
Stephen G. Kalinsky | Executive Vice President, GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Mark D. Millard | Vice President of Berkshire | 3555 Farnam Street, Omaha, NE 68131 |
Robert M. Miller | Senior Vice President, GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Charles T. Munger | Vice Chairman of Berkshire | 350 South Grand Avenue, Los Angeles, California 90071 | ||
Thomas S. Murphy | Former Chairman and CEO Of Capital Cities/ABC | c/o ABC Inc. 77 West 66th Street, New York, NY 10023 | ||
Ronald L. Olson | Partner in the law firm of Munger, Tolles & Olson LLP | 350 South Grand Avenue, Los Angeles, California 90071 | ||
Nancy L. Pierce | Senior Vice President, GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Jonathan Shafner | Vice President General Counsel, GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Brian G. Snover | Senior Vice President of NICO | 1314 Douglas Street, Omaha, NE 68102 | ||
Hollis A. White | Treasurer of GEICO | 5260 Western Avenue, Chevy Chase, MD 20815 | ||
Meryl B. Witmer | Managing member of the General Partner of Eagle Capital Partner, an investment partnership | 655 Third Avenue, New York, NY 10017 | ||
Phillip M. Wolf | Senior Vice President of NICO | 1314 Douglas Street, Omaha, NE 68102 | ||
Donald F. Wurster | President of NICO | 1314 Douglas Street, Omaha, NE 68102 | ||
Jo Ellen Rieck | Vice President Taxes of Berkshire | 3555 Farnam Street, Omaha, NE 68131 |
Set forth below is information about the name, state of organization, and the address of the principal office of each of the Pension Plan Holders. Each of the Pension Plan Holders is an employee benefit plan of a Berkshire subsidiary.
BNSF Master Retirement Trust c/o BNSF Railway 2650 Lou Menk Drive Fort Worth, TX 76131 Texas | Berkshire Hathaway Consolidated Pension Plan Master Trust c/o Berkshire Hathaway Inc. 3555 Farnam Street Omaha, NE 68131 Nebraska | |
Scott Fetzer Company Collective Investment Trust c/o Scott Fetzer Companies 28800 Clemens Road Westlake, OH 44145 Ohio |
EXHIBIT INDEX
Exhibit No. | Description of Exhibit | |
(A) | Joint Filing Agreement required by Rule 13d-1(k)(1) (incorporated by reference to Exhibit A to the Schedule 13D filed by the Reporting Persons with the SEC on August 11, 2017) | |
(B) | Letter Agreement, dated May 7, 2013, by and between DaVita Inc. (f/k/a DaVita HealthCare Partners Inc.) and Berkshire Hathaway Inc. (incorporated by reference to Exhibit 99.1 to the Form 8-K filed by DVA with the SEC on May 7, 2013) | |
(C) | Letter Agreement, dated May 24, 2013, by and between Berkshire Hathaway Inc. and R. Ted Weschler (incorporated by reference to Exhibit C to the Schedule 13D filed by the Reporting Persons with the SEC on August 11, 2017) | |
(D) | Amended and Restated Letter Agreement, dated February 9, 2022, by and between DaVita Inc. and Berkshire Hathaway Inc. (incorporated by reference to Exhibit 99.1 to the Form 8-K filed by DVA with the SEC on February 9, 2022) |