Buffett Files Berkshire Hathaway Stake Update
Sentiment: neutral
Topics: ownership-filing, insider-reporting, berkshire-hathaway
TL;DR
Buffett updated his Berkshire Hathaway stake filing. Still a major player.
AI Summary
Warren E. Buffett filed an amendment (Amendment No. 77) to Schedule 13D/A on June 28, 2024, regarding his holdings in Berkshire Hathaway Inc. The filing indicates changes in beneficial ownership of Class A and Class B common stock. Buffett, through his address at 3555 Farnam Street, Omaha, NE, continues to be a significant holder.
Why It Matters
This filing provides insight into the ownership structure and potential strategic moves of one of the world's most influential investors concerning a major conglomerate.
Risk Assessment
Risk Level: low — This is a routine amendment to a Schedule 13D filing by a major shareholder, not indicating new or unusual activity.
Key Numbers
- Amendment No. 77 — Amendment Number (Indicates this is the 77th update to the filing.)
Key Players & Entities
- Warren E. Buffett (person) — Filing party and beneficial owner
- Berkshire Hathaway Inc. (company) — Subject company
- Class A Common Stock (security) — Security held
- Class B Common Stock (security) — Security held
FAQ
What is the primary purpose of this SC 13D/A filing?
The primary purpose is to report changes in beneficial ownership of securities as required by SEC regulations.
Who is the filing party and what company is the subject of the filing?
The filing party is Warren E. Buffett, and the subject company is Berkshire Hathaway Inc.
What specific securities are mentioned in the filing?
The filing mentions Class A Common Stock and Class B Common Stock of Berkshire Hathaway Inc.
When was this amendment filed with the SEC?
This amendment was filed on June 28, 2024.
What is the significance of the 'Amendment No. 77' designation?
It signifies that this is the 77th update or amendment to the original Schedule 13D filing for Berkshire Hathaway Inc. by Warren E. Buffett.
Filing Stats: 811 words · 3 min read · ~3 pages · Grade level 8.6 · Accepted 2024-06-28 16:35:25
Key Financial Figures
- $5.00 — suer) CLASS A COMMON STOCK, PAR VALUE $5.00 PER SHARE CLASS B COMMON STOCK, PAR V
- $0.0033 — HARE CLASS B COMMON STOCK, PAR VALUE, $0.0033 PER SHARE (Title of Class of Securiti
Filing Documents
- d792739dsc13da.htm (SC 13D/A) — 28KB
- 0001193125-24-172349.txt ( ) — 29KB
of this Schedule 13D is amended to add the following
Item 5 of this Schedule 13D is amended to add the following: (a)-(b) Mr. Buffett owns, and has the sole power to vote and to dispose of, 207,963 shares of Class A Common Stock and 2,586 shares of Class B Common Stock, representing approximately 37.0% of the outstanding shares of Class A Common Stock, less than 0.01% of the outstanding shares of Class B Common Stock, 30.0% of the aggregate voting power of the outstanding shares of both classes, and 14.5% of the economic interest of the outstanding shares of both classes. (c) On June 28, 2024, Mr. Buffett converted 8,674 shares of Class A Common Stock into 13,011,000 shares of Class B Common Stock. On June 28, 2024, Mr. Buffett donated 9,930,357 shares of Class B Common Stock to the Bill and Melinda Gates Foundation Trust pursuant to his lifetime commitment. On June 28, 2024, Mr. Buffett donated 993,035 shares of Class B Common Stock to the Susan Thompson Buffett Foundation pursuant to his lifetime commitment. On June 28, 2024, Mr. Buffett donated 695,122 shares of Class B Common Stock to each of the Sherwood Foundation, the Howard G. Buffett Foundation and the NoVo Foundation pursuant to his lifetime commitments. CUSIP NO. 084670108 4 OF 4 PAGES 084670702 SIGNATURE 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: June 28, 2024 WARREN E. BUFFETT /s/ Warren E. Buffett