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Berkshire Hathaway Class A

1,407 hedge funds and large institutions have $72B invested in Berkshire Hathaway Class A in 2025 Q4 according to their latest regulatory filings, with 109 funds opening new positions, 112 increasing their positions, 160 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 44

28.2% more ownership

Funds ownership: 19.29%47.49% (+28%)

9% more capital invested

Capital invested by funds: $66.2B → $72B (+$5.83B)

3% more funds holding

Funds holding: 1,3621,407 (+45)

3% more funds holding in top 10

Funds holding in top 10: 132136 (+4)

30% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 160

81% less call options, than puts

Call options by funds: $178M | Put options by funds: $958M

Holders
1,407
Holders Change
+45
Holders Change %
+3.3%
% of All Funds
17.11%
Holding in Top 10
136
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+3.03%
% of All Funds
1.65%
New
109
Increased
112
Reduced
160
Closed
44
Calls
$178M
Puts
$958M
Net Calls
-$780M
Net Calls Change
-$2.29B
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$18.5B -$1.87B -2,500 -9%
First Manhattan
2
First Manhattan
New York
$10.6B -$434M -581 -4%
Norges Bank
3
Norges Bank
Norway
$7.78B +$7.69B +10,308 New
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.93B +$25.4M +34 +0.9%
HighTower Advisors
5
HighTower Advisors
Illinois
$1.57B +$186M +249 +14%
GRQ
6
Gardner Russo & Quinn
Pennsylvania
$1.12B -$39.6M -53 -3%
EHC
7
Everett Harris & Co
California
$1.07B
HTI
8
Hikari Tsushin Inc
Japan
$851M
MG
9
Markel Group
Virginia
$841M
PA
10
Paralel Advisors
Colorado
$776M
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$762M -$26.9M -36 -3%
DSA
12
Davis Selected Advisers
Arizona
$712M -$41.1M -55 -6%
US Bancorp
13
US Bancorp
Minnesota
$648M -$30.6M -41 -5%
GHCMRT
14
Graham Holdings Co Master Retirement Trust
Virginia
$626M
HP
15
Hikari Power
Japan
$591M
Morgan Stanley
16
Morgan Stanley
New York
$565M +$5.97M +8 +1%
Bank of America
17
Bank of America
North Carolina
$556M -$13.4M -18 -2%
WT
18
Wellcome Trust
United Kingdom
$528M
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$486M -$23.1M -31 -5%
FT
20
Fiduciary Trust
Massachusetts
$486M
State of Wisconsin Investment Board
21
State of Wisconsin Investment Board
Wisconsin
$467M +$36.6M +49 +9%
Mawer Investment Management
22
Mawer Investment Management
Alberta, Canada
$443M -$92.6M -124 -17%
BIM
23
Baldwin Investment Management
Pennsylvania
$420M
First Eagle Investment Management
24
First Eagle Investment Management
New York
$417M -$11.9M -16 -3%
BlackRock
25
BlackRock
New York
$384M -$74.6M -100 -16%

BRK.A Hedge Fund Activity: Q4 2025 in Review

1,407 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class A (BRK.A) for Q4 2025, worth a combined $72B — up 8.8% from $66.2B a quarter earlier.

Buyers outnumbered sellers: 109 funds opened new BRK.A positions and 44 closed out — a net gain of 65 holders — while 112 added to existing stakes and 160 trimmed.

The largest buyer was Vestor Capital, adding an estimated $92.5B. The largest seller was Fidelity Investments, cutting an estimated $1.87B.

  • 1,407 institutional investors held Berkshire Hathaway Class A (BRK.A) as of Q4 2025, up from 1,362 in Q3 2025.
  • Funds reported $72B of Berkshire Hathaway Class A stock for Q4 2025, up 8.8% quarter-over-quarter.
  • 109 funds opened new Berkshire Hathaway Class A positions in Q4 2025 and 44 closed out, a net change of +65 holders.
  • The largest Berkshire Hathaway Class A buyer in Q4 2025 was Vestor Capital, an estimated $92.5B added.
  • The largest Berkshire Hathaway Class A seller in Q4 2025 was Fidelity Investments, an estimated $1.87B sold.

Based on aggregated 13F filings for Q4 2025.