Warren Buffett: 26 General Motors Company transactions (Berkshire (2024)

FAQs

How much GM does Warren Buffett own? ›

General Motors (GM)

Buffett usually likes to add to positions when they're down, so it's interesting when he sells some losers. General Motors is the most telling example. Berkshire Hathaway unloaded 100% of its 22 million shares in the U.S.-based vehicle maker in the third quarter.

Berkshire Hathaway has exited its stake in General Motors and analysts have varying thoughts on whether it could signal GM's stock price faces challenges but agree the move could be due to issues such as the uncertainties around the transition to electric vehicles and the higher costs the automaker will face from a new ...

Overall, Berkshire Hathaway was a net seller of stocks in the third quarter: The firm sold about $7 billion worth of stock and bought $1.7 billion.

What stock did Warren Buffett recently buy? Buffett bought shares of Chevron, Occidental Petroleum, and Sirius XM Holdings in the fourth quarter of 2023.

Largest shareholders include BlackRock Inc., Vanguard Group Inc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Capital World Investors, Harris Associates L P, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Capital Research Global Investors, and Bank ...

The ownership structure of General Motors (GM) stock is a mix of institutional, retail and individual investors. Approximately 47.51% of the company's stock is owned by Institutional Investors, 6.80% is owned by Insiders and 45.69% is owned by Public Companies and Individual Investors.

It became clearer during the 2000s that demand for less fuel-efficient vehicles, typically trucks, was losing momentum. Rising gas prices and changes in consumer preferences collided to make for a powerful storm that would help knock down the already financially-fragile GM.

GM is often called a “cheap stock,” but it's really a value trap. Shares are down 16% in 2023, 29% over the last year, and 55% over the last two years.

U.S. taxpayers no longer own any of automaker General Motors. The Treasury sold the last of its remaining 31.1 million GM shares today. It started with 500 million shares in 2010. The taxpayer loss on the GM bailout is $10.5 billion.

The old GM stock stopped trading on the New York Stock Exchange on June 1, 2009, the day that GM filed for bankruptcy. Each share of GM stock became a share in Motors Liquidation.

How much debt does GM have? ›

Total debt on the balance sheet as of December 2023 : $122.64 B. According to General Motors's latest financial reports the company's total debt is $122.64 B. A company's total debt is the sum of all current and non-current debts.

Berkshire Hathaway's General Motors Company Stake

The first General Motors Company trade was made in Q1 2012. Since then Warren Buffett bought shares fourteen more times and sold shares on eleven occasions. The investor completely sold their stake between Q2 2022 and Q3 2023.

GM's ownership is distributed among various institutional investors, named executive officers, and other beneficial owners. The top five shareholders of GM include BlackRock, Inc., The Vanguard Group, Capital Research Global Investors, Capital World Investors, and Mary T. Barra (CEO of GM). BlackRock, Inc.

Buffett Automotive Group now has over $9 billion in revenue and includes 85 independent dealerships in 10 states, including Arizona, California, Florida, Georgia, Illinois, Indiana, Missouri, Nebraska, New Mexico and Texas, according to the company's website.