Berkshire Hathaway Class A
BRK.A
1,365 hedge funds and large institutions have $66.2B invested in Berkshire Hathaway Class A in 2025 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 90 increasing their positions, 155 reducing their positions, and 51 closing their positions.
500% more call options, than puts
Call options by funds: $1.81B | Put options by funds: $302M
2% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 51
1% less funds holding
Funds holding: 1,385 → 1,365 (-20)
2.4% less ownership
Funds ownership: 21.48% → 19.07% (-2.4%)
11% less funds holding in top 10
Funds holding in top 10: 148 → 132 (-16)
14% less capital invested
Capital invested by funds: $77.1B → $66.2B (-$10.9B)
42% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 155
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SoundView Advisors
Olympia,
Washington
|
+$369M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$250M |
| 3 |
First Manhattan
New York
|
+$233M |
| 4 |
EHAM
Eagle Harbor Asset Management
Seattle,
Washington
|
+$171M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.5B |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$896M |
| 3 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
-$471M |
| 4 |
RW
Rede Wealth
Charlottesville,
Virginia
|
-$152M |
| 5 |
BlackRock
New York
|
-$105M |
BRK.A Hedge Fund Activity: Q3 2025 in Review
1,365 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class A (BRK.A) for Q3 2025, worth a combined $66.2B — down 14% from $77.1B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of BRK.A and 50 opened new positions — a net loss of 1 holder — while 155 trimmed existing stakes and 90 added.
The largest buyer was SoundView Advisors, opening a new position worth an estimated $369M. The largest seller was Fidelity Investments, cutting an estimated $4.5B.
- 1,365 institutional investors held Berkshire Hathaway Class A (BRK.A) as of Q3 2025, down from 1,385 in Q2 2025.
- Funds reported $66.2B of Berkshire Hathaway Class A stock for Q3 2025, down 14% quarter-over-quarter.
- 50 funds opened new Berkshire Hathaway Class A positions in Q3 2025 and 51 closed out, a net change of -1 holder.
- The largest Berkshire Hathaway Class A buyer in Q3 2025 was SoundView Advisors, an estimated $369M added.
- The largest Berkshire Hathaway Class A seller in Q3 2025 was Fidelity Investments, an estimated $4.5B sold.
Based on aggregated 13F filings for Q3 2025.