Billionaire Warren Buffett owns shares of DaVita Inc., but stock dropped by 12%.

From Yahoo Finance: 2025-04-28 19:13:00

Warren Buffett, a renowned investor, has built an empire from a struggling textile company to one with a $267 billion equity portfolio and $334.20 billion in cash reserves by 2024. Known for his long-term value investing strategy, he focuses on businesses with strong economic moats and undervalued assets, avoiding diversification.

Despite the strong market performance in 2024, Warren Buffett took a cautious approach due to high interest rates and economic conditions, selling stakes in companies with overinflated valuations. He also criticized President Trump’s tariffs, impacting global markets. His 13F portfolio in the fourth quarter consisted of 38 security holdings worth around $267 billion.

DaVita Inc. (NYSE:DVA), a leading provider of kidney care services, holds over 36% of the US dialysis market share. Berkshire Hathaway has owned shares of DVA since 2011. Despite being a top portfolio holding for Buffett, DVA faced investor skepticism after announcing weaker-than-expected guidance for 2025, resulting in a 12% stock price drop.

In 2025, DaVita Inc. (NYSE:DVA) reported consolidated revenues of $3.295 billion in the fourth quarter, with patient service revenues increasing. The stock price stood at $140.47 per share on April 24, down 6.07% year-to-date. While DVA ranks 10th on Buffett’s list, other AI stocks may offer higher returns within a shorter timeframe.

Read more: Is DaVita Inc. (DVA) the Best Stock to Buy According to Billionaire Warren Buffett?