Comprehensive Overview of Companies Completely Owned by Berkshire Hathaway
Berkshire Hathaway, the multinational conglomerate led by Warren Buffett, has a portfolio that reflects a mix of large equity stakes in major publicly traded companies and a broad base of subsidiaries. The company's financial statements provide insights into the returns from its concentrated investment portfolio and the performance of its diverse subsidiary holdings.
As of mid-2025, Berkshire Hathaway's portfolio includes significant holdings in companies like Microsoft, Republic Services, TJX Companies, Amazon, Coca-Cola, and American Express, among others [1]. The company's own shares are also part of the portfolio, demonstrating a diversified investment approach.
Berkshire Hathaway's operations are not limited to the stock market. The company owns more than 60 operating subsidiaries spanning various sectors such as railroads, car insurance, ice cream, and underwear [2]. The subsidiaries that generate the most revenue and are core to Berkshire’s business include BNSF Railway, GEICO, Dairy Queen, and its utilities and manufacturing businesses [2][4].
In the second quarter of 2025, Berkshire reported earnings of $12.37 billion, with its operating companies such as GEICO, BNSF, utilities, and manufacturing showing strong performance despite economic uncertainties [4][5]. The insurance sector remains the firm's core business segment by activity and revenue [3].
Berkshire Hathaway's balance sheet, as of the end of 2021, reflected a substantial net worth, bolstered by decades of above-average compound annual growth. In the same year, the company generated over $276 billion in total revenue, showcasing its position as a global insurance leader and a major player across various sectors [2][3].
Warren Buffett, Berkshire Hathaway's CEO since the mid-1960s, has set an impactful precedent for charitable giving. He has pledged to donate the majority of his wealth to philanthropic causes [6].
Berkshire Hathaway takes significant strides in minimizing its environmental footprint across its subsidiaries. The company holds shares in Apple Inc, Verizon Communications Inc, and Bank of America Corp, demonstrating confidence in these companies' continued innovation and market dominance [1].
As of the end of 2022, Berkshire Hathaway's portfolio encompasses a wide range of wholly owned subsidiaries, including GEICO, BNSF Railway, Fruit of the Loom, Helzberg Diamonds, and Dairy Queen, among others. The company's subsidiaries offer a diverse range of products, from GEICO auto insurance policies to Dairy Queen Blizzards, Duracell batteries, and Fruit of the Loom undergarments [7].
However, Berkshire Hathaway was reported to be a net seller of about $5.3 billion in stocks during the third quarter of 2023 [8]. Despite this, the conglomerate continues to stand as a testament to successful, long-term investment strategies and the power of diversification.
References: 1. Berkshire Hathaway's Portfolio 2. Berkshire Hathaway's Subsidiaries 3. Berkshire Hathaway's Insurance Sector 4. Berkshire Hathaway's Q2 2025 Earnings 5. Berkshire Hathaway's 2025 Annual Report 6. Warren Buffett's Philanthropic Pledge 7. Berkshire Hathaway's Subsidiary Products 8. Berkshire Hathaway's Stock Sales in Q3 2023
- Berkshire Hathaway's diversified investment strategy is evident in its portfolio, which includes significant holdings in companies like Microsoft, Republic Services, TJX Companies, Amazon, Coca-Cola, American Express, and Apple Inc.
- Following its multi-billion dollar earnings in Q2 2025, Berkshire Hathaway's business segments such as marketing (GEICO), finance (BNSF Railway), technology (Apple Inc), and lifestyle (Dairy Queen) demonstrated strong performance despite economic uncertainties.
- In addition to its strategic equity investments, Berkshire Hathaway owns over 60 operating subsidiaries spanning various sectors, with core businesses in railroads (BNSF Railway), insurance (GEICO), food & beverages (Dairy Queen), and undergarments (Fruit of the Loom).
- As Warren Buffett emphasizes charitable giving, Berkshire Hathaway's financial growth (over $276 billion in total revenue in 2021) will enable substantial contributions to philanthropic causes, reflecting a commitment to social responsibility beyond its business operations.
- Berkshire Hathaway's approach to technology investing showcases confidence in companies like Apple Inc, Verizon Communications Inc, and Bank of America Corp, recognizing their potential to drive growth and innovation in their respective markets.
