Berkshire Sells Major Healthcare Holding After 10+ Years

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Berkshire Sells Major Healthcare Holding After 10+ Years

Fatima Gulzar

1 min read

In This Article:

Berkshire Hathaway Inc. (NYSE:BRK-B) is among the 11 Best Financial Services Stocks to Buy Right Now. It has restarted sales of DaVita, selling 200,010 shares between May 22 and May 27, 2025.

Berkshire has been selling a significant healthcare holding that it has owned for more than ten years, according to CNBC,

Berkshire has been selling a significant healthcare holding that it has owned for more than ten years, according to CNBC,

A team of insurance professionals in a boardroom overlooking a city skyline.

The deal comes after Berkshire Hathaway Inc. (NYSE:BRK-B) made a $116 million sale of 750,000 shares in February. Despite the sales, the firm still has 35.14 million shares in DaVita, making it the company’s largest institutional investor. The healthcare stock, which it originally purchased in 2011, is still the conglomerate’s tenth-largest position.

The new disposal comes after DaVita’s share price skyrocketed, quadrupling since 2011, while the company’s operational difficulties grew.

Ted Weschler, the portfolio manager, is believed to have spearheaded the purchase because he valued DaVita’s effectiveness and shareholder-friendly approach.

Berkshire Hathaway Inc. (NYSE:BRK-B) is a holding company with numerous subsidiaries engaged in various operations. The company’s primary business is insurance, which is mostly handled by Geico, Berkshire Hathaway Primary Group, and Berkshire Hathaway Reinsurance Group. It is among the best financial stocks.

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READ NEXT: 10 High-Growth EV Stocks to Invest In and 13 Best Car Stocks to Buy in 2025.

Disclosure. None.


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