Berkshire Hathaway Class A
BRK.A
1,412 hedge funds and large institutions have $71.9B invested in Berkshire Hathaway Class A in 2025 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 111 increasing their positions, 161 reducing their positions, and 45 closing their positions.
147% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 45
9% more capital invested
Capital invested by funds: $66.2B → $71.9B (+$5.69B)
5% more funds holding in top 10
Funds holding in top 10: 132 → 139 (+7)
3% more funds holding
Funds holding: 1,365 → 1,412 (+47)
2.6% more ownership
Funds ownership: 19.07% → 21.68% (+2.6%)
31% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 161
81% less call options, than puts
Call options by funds: $178M | Put options by funds: $958M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
LM Advisors
San Diego,
California
|
+$5.63B |
| 2 |
NU
Northwestern University
Evanston,
Illinois
|
+$290M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$186M |
| 4 |
RW
Rede Wealth
Charlottesville,
Virginia
|
+$155M |
| 5 |
VCP
Vista Capital Partners
Portland,
Oregon
|
+$144M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.87B |
| 2 |
First Manhattan
New York
|
-$434M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$302M |
| 4 |
EHAM
Eagle Harbor Asset Management
Seattle,
Washington
|
-$149M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$92.6M |
BRK.A Hedge Fund Activity: Q4 2025 in Review
1,412 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class A (BRK.A) for Q4 2025, worth a combined $71.9B — up 8.6% from $66.2B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new BRK.A positions and 45 closed out — a net gain of 66 holders — while 111 added to existing stakes and 161 trimmed.
The largest buyer was LM Advisors, adding an estimated $5.63B. The largest seller was Fidelity Investments, cutting an estimated $1.87B.
- 1,412 institutional investors held Berkshire Hathaway Class A (BRK.A) as of Q4 2025, up from 1,365 in Q3 2025.
- Funds reported $71.9B of Berkshire Hathaway Class A stock for Q4 2025, up 8.6% quarter-over-quarter.
- 111 funds opened new Berkshire Hathaway Class A positions in Q4 2025 and 45 closed out, a net change of +66 holders.
- The largest Berkshire Hathaway Class A buyer in Q4 2025 was LM Advisors, an estimated $5.63B 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.