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Key Morningstar Metrics for Berkshire Hathaway
A Kraft Heinz KHC filing on Jan. 20 suggests Berkshire Hathaway BRK.B is selling all its holdings in the packaged foods firm. The 2015 combination of Kraft Foods and Heinz was one of the few investment missteps Warren Buffett has made in the past two decades.
Why it matters: Kraft Heinz has been a top 10 holding in Berkshire’s investment portfolio for much of the past decade, with the insurer having a 27% equity stake in the packaged foods firm.
- Kraft Heinz has filed a Form 424(b)(7) disclosing that Berkshire is looking to sell “from time to time” up to 325,442,152 shares of its common stock. This excludes the 192,666 shares held by the retirement plans of Benjamin Moore, a Berkshire subsidiary.
- Both Buffett and incoming Berkshire CEO Greg Abel have voiced their displeasure with Kraft Heinz’s move to…
