Warren Buffett's Favorite Consumer Products Stocks

Companies and Brands

Published: May 23, 2016 9:50 am

Last Updated: January 13, 2020 7:43 am

Once a quarter, 24/7 Wall St. reports on the portfolio of Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A), most recently in a story titled “Major Changes in Warren Buffett and Berkshire Hathaway Stock Holdings.” We have selected Buffett’s favorite consumer products stocks from that list.

According to author Jon Ogg:

Being the wealthiest man in the world on paper tends to draw some attention. This is why investors and outsiders watch new equity investment positions taken by, or sold by, Warren Buffett and Berkshire Hathaway Inc. The public U.S.-traded equity holdings for the period ended March 31, 2016 were listed as $128.569 billion.

24/7 Wall St. and its founders have followed the portfolio changes from Buffett’s top stock holdings for a decade.

24/7 Wall St.
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These are the Oracle of Omaha’s consumer products favorites:

Kraft Heinz Co. (NYSE: KHC) was listed as 325,634,818 shares, identical to the stake at the end of 2015. This stake is from the 3 Capital deal and was worth some $25.58 billion at the end of March, but it has been suggested it may be coming down ahead after June.

Johnson & Johnson (NYSE: JNJ) was the same tiny stake of only 327,100 shares, but Buffett watchers know this is a leftover bit from a much larger stake in years past.

Mondelez International Inc. (NASDAQ: MDLZ) is the same position again at 578,000 shares. This stake remains handily lower than in the past, dating back to the Kraft breakup.

Procter & Gamble Co. (NYSE: PG) is finally reflected as the lower stake of only 315,400 shares. This had previously been listed as almost 52.8 million shares in the prior formal 13F report. We expected it to be part of the Duracell swap, and P&G also previously had been lowered in 2012 after a peak of 96.3 million shares.

Coca-Cola Co. (NYSE: KO) was the same stake of 400 million shares, and the value was listed as $18.55 billion. This has remained static for many years and dates back to when he started buying Coca-Cola in the 1980s. Buffett’s cost basis must be nearing zero, if you include the dividends.

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