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Berkshire Hathaway Class A

1,382 hedge funds and large institutions have $77.1B invested in Berkshire Hathaway Class A in 2025 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 111 increasing their positions, 155 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

182.53% more ownership

Funds ownership: 23.76%206.29% (+183%)

43% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 42

1% less funds holding

Funds holding: 1,3921,382 (-10)

12% less capital invested

Capital invested by funds: $88B → $77.1B (-$10.9B)

14% less funds holding in top 10

Funds holding in top 10: 170147 (-23)

28% less repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 155

Holders
1,382
Holders Change
-10
Holders Change %
-0.72%
% of All Funds
18.2%
Holding in Top 10
147
Holding in Top 10 Change
-23
Holding in Top 10 Change %
-13.53%
% of All Funds
1.94%
New
60
Increased
111
Reduced
155
Closed
42
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$24.2B +$3.05M +4 +0%
First Manhattan
2
First Manhattan
New York
$10.4B +$64M +84 +0.6%
Norges Bank
3
Norges Bank
Norway
$7.32B +$364M +478 +5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.8B -$2.29M -3 -0.1%
HighTower Advisors
5
HighTower Advisors
Illinois
$1.37B -$19M -25 -1%
GRQ
6
Gardner Russo & Quinn
Pennsylvania
$1.18B -$25.1M -33 -2%
EHC
7
Everett Harris & Co
California
$1.03B +$9.14M +12 +0.9%
KAS
8
Kestra Advisory Services
Texas
$917M -$2.51B -3,297 -72%
HTI
9
Hikari Tsushin Inc
Japan
$821M
MG
10
Markel Group
Virginia
$812M
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$790M -$25.1M -33 -3%
DSA
12
Davis Selected Advisers
Arizona
$776M -$376M -493 -32%
PA
13
Paralel Advisors
Colorado
$749M
US Bancorp
14
US Bancorp
Minnesota
$657M
GHCMRT
15
Graham Holdings Co Master Retirement Trust
Virginia
$604M
Mawer Investment Management
16
Mawer Investment Management
Alberta, Canada
$591M +$96.7M +127 +19%
HP
17
Hikari Power
Japan
$571M
BlackRock
18
BlackRock
New York
$548M -$52.6M -69 -8%
Bank of America
19
Bank of America
North Carolina
$526M -$51.8M -68 -9%
Morgan Stanley
20
Morgan Stanley
New York
$512M -$349M -458 -39%
WT
21
Wellcome Trust
United Kingdom
$510M
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$496M -$16.8M -22 -3%
First Eagle Investment Management
23
First Eagle Investment Management
New York
$473M -$200M -263 -29%
FT
24
Fiduciary Trust
Massachusetts
$469M
BIM
25
Baldwin Investment Management
Pennsylvania
$405M

BRK.A Hedge Fund Activity: Q2 2025 in Review

1,382 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class A (BRK.A) for Q2 2025, worth a combined $77.1B — down 12% from $88B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new BRK.A positions and 42 closed out — a net gain of 18 holders — while 111 added to existing stakes and 155 trimmed.

The largest buyer was Waterford Advisors, adding an estimated $403B. The largest seller was Auto-Owners Insurance, cutting an estimated $7.19B.

  • 1,382 institutional investors held Berkshire Hathaway Class A (BRK.A) as of Q2 2025, down from 1,392 in Q1 2025.
  • Funds reported $77.1B of Berkshire Hathaway Class A stock for Q2 2025, down 12% quarter-over-quarter.
  • 60 funds opened new Berkshire Hathaway Class A positions in Q2 2025 and 42 closed out, a net change of +18 holders.
  • The largest Berkshire Hathaway Class A buyer in Q2 2025 was Waterford Advisors, an estimated $403B added.
  • The largest Berkshire Hathaway Class A seller in Q2 2025 was Auto-Owners Insurance, an estimated $7.19B sold.

Based on aggregated 13F filings for Q2 2025.