Cortland Advisers’s Berkshire Hathaway Class B BRK.B Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q3	$153M	Hold	734,449	–	–	6.99%	2
2019 Q2	$157M	Sell	734,449 -122,392	-14%	-$26.1M	7.3%	2
2019 Q1	$172M	Hold	856,841	–	–	7.38%	2
2018 Q4	$175M	Buy	856,841 +126,555	+17%	+$25.8M	8.24%	1
2018 Q3	$156M	Sell	730,286 -56,922	-7%	-$12.2M	7.93%	1
2018 Q2	$147M	Sell	787,208 -55,591	-7%	-$10.4M	7.17%	2
2018 Q1	$168M	Hold	842,799	–	–	7.7%	1
2017 Q4	$167M	Buy	842,799 +4,633	+0.6%	+$918K	7.67%	1
2017 Q3	$154M	Sell	838,166 -23,457	-3%	-$4.3M	7.04%	3
2017 Q2	$146M	Sell	861,623 -33,907	-4%	-$5.74M	7.03%	3
2017 Q1	$149M	Buy	895,530 +627	+0.1%	+$105K	7.06%	3
2016 Q4	$146M	Sell	894,903 -23,822	-3%	-$3.88M	7.21%	4
2016 Q3	$133M	Sell	918,725 -275,450	-23%	-$39.8M	6.81%	4
2016 Q2	$173M	Sell	1,194,175 -183,719	-13%	-$26.6M	6.09%	5
2016 Q1	$195M	Sell	1,377,894 -122,106	-8%	-$17.3M	5.8%	4
2015 Q4	$198M	Hold	1,500,000	–	–	5.18%	5
2015 Q3	$196M	Hold	1,500,000	–	–	4.87%	7
2015 Q2	$204M	Sell	1,500,000 -500,000	-25%	-$68.1M	4.25%	9
2015 Q1	$289M	Hold	2,000,000	–	–	6.3%	5
2014 Q4	$300M	Hold	2,000,000	–	–	6.79%	5
2014 Q3	$276M	Hold	2,000,000	–	–	6.04%	7
2014 Q2	$253M	Hold	2,000,000	–	–	5.29%	7
2014 Q1	$250M	Hold	2,000,000	–	–	5.37%	7
2013 Q4	$237M	Hold	2,000,000	–	–	4.88%	7
2013 Q3	$227M	Hold	2,000,000	–	–	4.92%	7
2013 Q2	$224M	Buy	+2,000,000	New	+$224M	5.01%	8