Allen Holding Inc is a company that specializes in the purchase, sale, and brokerage of securities. The company was founded in 1985 and has its headquarters in New York City. Allen Holding Inc submitted its SEC 13F Filings on November 4, 2014, for the period ended September 30, 2014. According to the filings showed that The Coca-Cola Co (NYSE:KO), Berkshire Hathaway Inc. (NYSE:BRK.B), and Tripadvisor Inc (NASDAQ:TRIP) were the top three holdings of the firm.
The Coca-Cola Co (NYSE:KO) came top of the list as the biggest investment of Allen Holding Inc, representing total investment value of $255.96 million. The Coca-Cola Co (NYSE:KO) is a multinational beverage company that produces, marketer and seller of non-alcoholic beverage. The company has several brands including Coca-Cola, Dasani, Minute Maid, Fanta, just to mention a few. The company also carries out several other operations through subsidiaries such as Odwalla, Honest Tea, ELP Communications, Embassy Pictures, and several others. The top three shareholders of The Coca-Cola Co (NYSE:KO) are Berkshire Hathaway Inc, Vanguard Group, Inc., and State Street Corp.
Berkshire Hathaway Inc. (NYSE:BRK.B) emerged the second largest investment of the firm with investment valued at $103.45 million. Berkshire Hathaway Inc. (NYSE:BRK.B) is a company majorly owned by the famous Warren Buffet. It’s an international conglomerate holding company with subsidiaries in diverse business sectors. The company’s main business is insurance conducted nationally and reinsurance conducted internationally. A few of its subsidiaries are GEICO, HomeServices of America, NetJets, Dairy Queen and Business Wire. Berkshire Hathaway Inc. (NYSE:BRK.B) has recently purchased Protector & Gamble’s Duracell by transferring the shares it owns at P&G to P&G.
Tripadvisor Inc (NASDAQ:TRIP) came out as the third biggest investment of Allen Holding Inc, having investment totaling to $22.86 million. Tripadvisor Inc (NASDAQ:TRIP) is a travel review website that makes it easier for travelers to identify destinations, plan, and have perfect trips. The company’s reviews are based on information from real travelers. Tripadvisor Inc (NASDAQ:TRIP) also provides links to specific booking tools. The company’s top three institutional shareholders are Liberty TripAdvisor Holdings Inc, Fidelity Management and Research Company, and Baillie Gifford & Co Limited. Some of its subsidiaries are TripAdvisor Holdings, LLC, DigitalAdvisor LLC, FlipKey, Inc, and GlobalMotion Media, Inc.
This article has been written by Victor Ochieng.