Berkshire Hathaway Holds Kraft Heinz Stake Since 2015
Berkshire Hathaway, led by Warren Buffett, has held its stake in The Kraft Heinz Company (KHC) since the third quarter of 2015. Despite the stock falling 8.2% over the past year and 2.8% year-to-date, it remains on Buffett's list of top 10 long-term stocks to buy now.
Key Numbers
According to a report from Insider Monkey, Berkshire Hathaway (BRK-B) continues to hold its position in The Kraft Heinz Company (NASDAQ:KHC) since Q3 2015.
Investment Details
Regulatory filings show that Berkshire first purchased a stake in Kraft Heinz in the third quarter of 2015 and has not sold any shares since, despite the company facing headwinds in recent years.
Stock Performance
Kraft Heinz shares have underperformed, declining 8.2% over the past twelve months and 2.8% year-to-date. Nonetheless, the stock is listed among the "10 Best Long-Term Stocks to Buy Now According to Warren Buffett."
Context
Berkshire Hathaway is known for its long-term investment horizon, holding stocks like Coca-Cola and American Express for decades. Kraft Heinz appears to be one of Buffett's confident bets despite recent volatility.
What This Means for Investors
Buffett's continued holding may signal confidence in Kraft Heinz's intrinsic value over the long term, despite recent weakness. However, investors should consider the risks in the food sector and intense competition.
Frequently Asked Questions
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