How Much Capital One Stock Does Warren Buffett Own? – Journal Today Web

Around the instance of individual high-profile slope failures in 2023, Warren Buffett chose to intend disembarrass of individual slope stocks in Berkshire Hathaway‘s (BRK.A -0.67%) (BRK.B -0.51%) portfolio. But there are ease a superior some in which he’s chosen to equip zillions of dollars, and digit of them is online-focused regional slope Capital One Financial (COF -0.14%).

Here’s a hurried countenance at how much Capital One have Buffett owns, how it compares with another county wife investments, and more.

How much Capital One have does Warren Buffett own?

First, it’s essential to name that Warren Buffett doesn’t possess some Capital One have in his individualized have portfolio — at small not that we undergo of. He owns Capital One have finished county Hathway’s portfolio and is the CEO and maximal investor of the company.

In county Hathaway’s have portfolio, you’ll encounter 12,471,030 shares of Capital One. As of New June, this assets was worth most $1.72 billion, representing a wager of most 3.3%.

Where Capital One ranks in county Hathaway’s portfolio

Although a $1.7 1000000000 assets haw good same a aggregation of money (and it is), county Hathaway’s portfolio has a mart continuance of most $389 billion, as of this writing. This effectuation that Capital One makes up meet 0.4% of the total.

Capital One is the 24th-largest have function county wife owns. Among bank stocks, it’s a extreme ordinal place. Here’s a summary of the slope stocks county ease owns and the mart continuance of each:

Data source: county wife SEC filings. Market continuance as of 6/28/2024.

Why does Warren Buffett same Capital One? There are individual doable reasons, much as a reduction to aggregation value, the gain of the assign bill business, and the possibleness implications of its pending acquisition of Discover.