CNBC:Food Giant With Big Buffett Stake Stirred Into Dow 30 Index

Topics:Dow Jones Industrial Average | Warren Buffett

Companies:American International Group Inc | Kraft Foods Inc. | Berkshire Hathaway Inc.

Morry Gash / AP Kraft Foods will replace AIG in the Dow Jones Industrial Average. Warren Buffett's Berkshire Hathaway owns a big stake.

Kraft Foods [US;BRK.A 128010.0 3210.00 (+2.57%) ] is going into the Dow Jones Industrial Average this coming Monday to replace AIG [AIG 2.69 0.64 (+31.22%) ], the insurer that's been taken over by the federal government.

Warren Buffett's Berkshire Hathaway is Kraft's biggest stakeholder with about 138 million shares, worth over $4 billion. That's a stake of over 9 percent. (See our Berkshire Hathaway Portfolio Tracker for real-time updates.)

Berkshire revealed the stake earlier this year, after accumulating shares during 2007.

Current Berkshire stock prices:

Class A: [US;BRK.A 128010.0 3210.00 (+2.57%) ]

Class B: [US;BRK.B 4250.0 85.00 (+2.04%) ]

Questions? Comments? Email me at buffettwatch@cnbc.com

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