The inventory market is off to a tough begin in 2025, with the S&P 500 and Nasdaq Composite tumbling into correction territory, and plenty of shares down 20 p.c or extra from their latest highs.
Berkshire Hathaway has been one of many few winners thus far this yr, with its fill up about 11 p.c as of mid-March, however Berkshire’s inventory portfolio hasn’t averted the ache fully. Warren Buffett and his two funding lieutenants, Todd Combs and Ted Weschler, are famous worth buyers, which may imply that they’re utilizing the present downturn to choose up shares on a budget.
If you happen to’re searching for assistance on the best way to navigate the market sell-off, you might need to work with a monetary advisor. Bankrate’s monetary advisor matching instrument might help you discover an advisor in your space.
These are the Berkshire-owned shares which can be down essentially the most in 2025, based mostly on Berkshire’s holdings on the finish of 2024.
Berkshire Hathaway’s greatest inventory losers in 2025
*Knowledge as of March 13, 2025
1. Jefferies Monetary Group (JEF)
Jefferies is a world full-service funding banking and capital markets firm that gives quite a lot of monetary companies to shoppers. The corporate generated greater than $7 billion in whole income throughout its 2024 fiscal yr and about $716 million in internet earnings. Berkshire bought its stake in the course of the third quarter of 2022.
- 2025 return: -30.8 p.c
- Market cap: $11.2 billion
2. Constellation Manufacturers (STZ)
Constellation owns quite a lot of beer, wine and spirits manufacturers together with Corona Further, Modelo Especial, Kim Crawford, Casa Noble and extra. Modelo turned the top-selling beer model within the U.S. in 2023, taking up the spot from Bud Mild. Berkshire simply established its $1.2 billion place within the fourth quarter of 2024.
- 2025 return: -17.8 p.c
- Market cap: $32.8 billion
3. Apple (AAPL)
Apple is considered one of hottest shopper manufacturers on the planet and makes quite a lot of tech merchandise together with the iPhone, iPad, MacBook, AirPods and extra. The corporate generated about $391 billion in gross sales throughout its fiscal 2024. Apple is Berkshire’s largest inventory place, however it diminished its stake by about two-thirds from the fourth quarter of 2023 by way of the third quarter of 2024.
- 2025 return: -16.3 p.c
- Market cap: $3.15 trillion
4. Diageo (DEO)
Diageo is one other firm within the beer and spirits business, with well-known manufacturers comparable to Johnnie Walker, Crown Royal, Ketel One, Casamigos and Guinness in its portfolio. Its merchandise are bought in almost 180 international locations around the globe and the corporate generated $20.3 billion in gross sales throughout its fiscal 2024. Berkshire purchased its Diageo stake in the course of the first quarter of 2023.
- 2025 return: -15.1 p.c
- Market cap: $60.5 billion
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5. Louisiana-Pacific Corp. (LPX)
Louisiana-Pacific is a supplier of constructing options and serves the brand new dwelling development, restore and reworking, and out of doors constructions markets. The corporate generated $2.9 billion in 2024 gross sales. Berkshire first purchased the inventory within the third quarter of 2022 and diminished its stake in 2024.
- 2025 return: -13.7 p.c
- Market cap: $6.3 billion
6. American Categorical (AXP)
American Categorical is a world funds firm that gives companies to shoppers and companies. The corporate generated whole income internet of curiosity expense of about $66 billion in 2024. American Categorical is a longtime holding for Berkshire and its stake was value about $45 billion on the finish of 2024.
- 2025 return: -13.6 p.c
- Market cap: $180.0 billion
7. NVR Inc. (NVR)
NVR is among the largest homebuilders within the U.S. and operates in 36 metropolitan areas in 16 states and Washington, D.C. Its inventory has been top-of-the-line performers over the previous 30 years. Berkshire purchased the inventory in the course of the second quarter of 2023.
- 2025 return: -12.8 p.c
- Market cap: $21.5 billion
8. Amazon (AMZN)
Amazon is among the largest firms on the planet and its operations embody a large on-line retail enterprise, in addition to its cloud computing phase, Amazon Net Companies. Amazon generated whole gross sales of roughly $638 billion in 2024, together with greater than $107 billion from AWS. Buffett has typically praised Amazon founder Jeff Bezos for his long-term pondering and shareholder communications. Berkshire purchased its place in the course of the first quarter of 2019.
- 2025 return: -11.6 p.c
- Market cap: $2.04 trillion
Editorial Disclaimer: All buyers are suggested to conduct their very own impartial analysis into funding methods earlier than investing choice. As well as, buyers are suggested that previous funding product efficiency isn’t any assure of future value appreciation.
