Berkshire Hathaway Class A
BRK.A
1,362 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, 89 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: 1,382 → 1,362 (-20)
10% less funds holding in top 10
Funds holding in top 10: 147 → 132 (-15)
14% less capital invested
Capital invested by funds: $77.1B → $66.2B (-$10.9B)
43% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 155
187% less ownership
Funds ownership: 206.29% → 19.29% (-187%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Natural Investments
Windsor,
California
|
+$1.73B |
| 2 |
SA
SoundView Advisors
Olympia,
Washington
|
+$369M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$250M |
| 4 |
First Manhattan
New York
|
+$233M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
+$88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Waterford Advisors
Orchard Park,
New York
|
-$385B |
| 2 |
VC
Vestor Capital
Chicago,
Illinois
|
-$291B |
| 3 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
-$48B |
| 4 |
WF
WoodTrust Financial
Wisconsin Rapids,
Wisconsin
|
-$7.09B |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.5B |
BRK.A Hedge Fund Activity: Q3 2025 in Review
1,362 of the 7,620 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 89 added.
The largest buyer was Natural Investments, adding an estimated $1.73B. The largest seller was Waterford Advisors, cutting an estimated $385B.
- 1,362 institutional investors held Berkshire Hathaway Class A (BRK.A) as of Q3 2025, down from 1,382 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 Natural Investments, an estimated $1.73B added.
- The largest Berkshire Hathaway Class A seller in Q3 2025 was Waterford Advisors, an estimated $385B sold.
Based on aggregated 13F filings for Q3 2025.