- Warren Buffett's Berkshire Hathaway wasn't immune from the 20% stock market sell-off in 2022.
- The conglomerate's 48-stock portfolio only had 10 companies that saw gains in 2022.
- These were Buffett's 10 best performing stocks owned by Berkshire Hathaway in 2022.
Warren Buffett's Berkshire Hathaway was by no means immune to the stock market's crushing sell-off in 2022.
Berkshire Hathaway did see its own stock gain in 2022, rising 3% compared to the S&P 500's near-20% decline as the conglomerate's oil and gas investments benefited from surging commodity prices.
But Berkshire also owns a 48-stock portfolio that was worth just under $300 billion as of September 30. Of those 48 stocks, only 10 names saw gains in 2022. Meanwhile, its largest position, Apple, fell 27%. The worst performing stocks owned by Berkshire Hathaway in 2022 included Nu Holdings and Snowflake, which both sank 57%.
Despite the losers, Buffett still saw some big gains in Berkshire's stock portfolio. Some of the best performers have been owned by Buffett for decades, like Coca-Cola, while others were added to the portfolio in recent years, like T-Mobile.
These were the 10 best performing stocks owned by Berkshire Hathaway in 2022. The list also includes a Berkshire holding value as of September 30, and is according to data from Whale Wisdom.
10. Johnson & Johnson
Ticker: JNJ
2022 Performance: 3.3%
Berkshire Holding Value: $53.4 million
9. Markel Corporation
Ticker: MKL
2022 Performance: 6.7%
Berkshire Holding Value: $507 million
8. The Coca-Cola Company
Ticker: KO
2022 Performance: 7.4%
Berkshire Holding Value: $22.4 billion
7. The Kraft Heinz Company
Ticker: KHC
2022 Performance: 13.4%
Berkshire Holding Value: $10.9 billion
6. Activision Blizzard
Ticker: ATVI
2022 Performance: 15.0%
Berkshire Holding Value: $4.5 billion
5. T-Mobile US
Ticker: TMUS
2022 Performance: 20.7%
Berkshire Holding Value: $703.3 million
4. Globe Life
Ticker: GL
2022 Performance: 28.6%
Berkshire Holding Value: $633.5 million
3. McKesson
Ticker: MCK
2022 Performance: 50.9%
Berkshire Holding Value: $1.1 billion
2. Chevron
Ticker: CVX
2022 Performance: 53.0%
Berkshire Holding Value: $23.8 billion
1. Occidental Petroleum
Ticker: OXY
2022 Performance: 117.3%
Berkshire Holding Value: $11.9 billion