Summary by Moomoo AI
In a recent filing with the United States Securities and Exchange Commission, Warren E. Buffett and various insurance subsidiaries under Berkshire Hathaway Inc. reported their ownership stakes in Chevron Corporation. The filing, dated December 31, 2023, and disclosed on February 14, 2024, indicates that Berkshire Hathaway and its subsidiaries collectively hold a significant number of shares in Chevron, with shared voting and dispositive power over 126,093,326 shares of common stock, representing 6.7% of the company. Notably, National Indemnity Company holds 101,640,925 shares (5.4%), and other subsidiaries including GEICO Corporation and Government Employees Insurance Company each hold 40,000,000 shares (2.1%). The filing, known as a Schedule 13G/A, is an amendment to a previous filing and is required when a party's ownership exceeds certain thresholds. The document clarifies that the shares are held in the ordinary course of business and not with the intent to change or influence the control of Chevron.