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Berkshire Hathaway Class B

4,560 hedge funds and large institutions have $468B invested in Berkshire Hathaway Class B in 2025 Q1 according to their latest regulatory filings, with 226 funds opening new positions, 1,903 increasing their positions, 1,805 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more first-time investments, than exits

New positions opened: 226 | Existing positions closed: 107

52% more call options, than puts

Call options by funds: $11.1B | Put options by funds: $7.32B

27% more funds holding in top 10

Funds holding in top 10: 732932 (+200)

19% more capital invested

Capital invested by funds: $395B → $468B (+$73.4B)

5% more repeat investments, than reductions

Existing positions increased: 1,903 | Existing positions reduced: 1,805

1% more funds holding

Funds holding: 4,5184,560 (+42)

0% less ownership

Funds ownership: 65.74%65.74% (-0%)

Holders
4,560
Holders Change
+42
Holders Change %
+0.93%
% of All Funds
61.14%
Holding in Top 10
932
Holding in Top 10 Change
+200
Holding in Top 10 Change %
+27.32%
% of All Funds
12.5%
New
226
Increased
1,903
Reduced
1,805
Closed
107
Calls
$11.1B
Puts
$7.32B
Net Calls
+$3.81B
Net Calls Change
-$334M
Name Holding Trade Value Shares
Change
Change in
Stake
AA
476
Ancora Advisors
Ohio
$53.3M -$327K -672 -0.7%
FMII
477
Farmers & Merchants Investments Inc
Nebraska
$53.2M -$500K -1,029 -1%
MWM
478
Modera Wealth Management
New Jersey
$53M -$174K -358 -0.4%
JWCA
479
J.W. Cole Advisors
Florida
$52.9M +$22.3M +45,960 +86%
EWA
480
Exencial Wealth Advisors
Oklahoma
$52.8M +$200K +411 +0.4%
SG Americas Securities
481
SG Americas Securities
New York
$52.7M +$38.7M +79,595 +410%
BAM
482
Burgundy Asset Management
Ontario, Canada
$52.6M -$3.44M -7,070 -7%
LSERS
483
Louisiana State Employees Retirement System
Louisiana
$52.5M
SSWM
484
Smith Salley Wealth Management
North Carolina
$52.3M +$120K +247 +0.3%
CA
485
CapWealth Advisors
Tennessee
$52.1M +$368K +757 +0.8%
FRM
486
Foundation Resource Management
Arkansas
$52.1M -$1.31M -2,686 -3%
FSCM
487
Front Street Capital Management
Montana
$51.9M +$4.52M +9,288 +10%
UBP
488
Union Bancaire Privee
Switzerland
$51.9M +$5.23M +10,767 +12%
CIG
489
Cullen Investment Group
Louisiana
$51.9M -$813K -1,672 -2%
SAM
490
Securian Asset Management
Minnesota
$51.7M -$667K -1,372 -1%
Pacer Advisors
491
Pacer Advisors
Pennsylvania
$51.7M -$35.6M -73,207 -43%
IAA
492
Independent Advisor Alliance
North Carolina
$51.7M +$1.91M +3,930 +4%
DC
493
Defender Capital
North Carolina
$51.7M -$3.25M -6,685 -6%
SSB
494
Sandy Spring Bank
Maryland
$51.6M +$1.71M +3,522 +4%
GAM
495
Gotham Asset Management
New York
$51.6M +$8.77M +18,042 +23%
SFS
496
Solitude Financial Services
Virginia
$51.2M +$2.97M +6,106 +7%
TPCM
497
Templeton & Phillips Capital Management
Tennessee
$51.1M -$61.7K -127 -0.1%
DWM
498
Dakota Wealth Management
Florida
$51.1M +$11.4M +23,432 +32%
LWCA
499
Locust Wood Capital Advisers
New York
$51M +$10.4M +21,314 +29%
CAM
500
Claret Asset Management
Quebec, Canada
$50.9M +$46.5M +95,662 New

BRK.B Hedge Fund Activity: Q1 2025 in Review

4,560 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class B (BRK.B) for Q1 2025, worth a combined $468B — up 19% from $395B a quarter earlier.

Buyers outnumbered sellers: 226 funds opened new BRK.B positions and 107 closed out — a net gain of 119 holders — while 1,903 added to existing stakes and 1,805 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $1.98B. The largest seller was Assenagon Asset Management, cutting an estimated $1.28B.

  • 4,560 institutional investors held Berkshire Hathaway Class B (BRK.B) as of Q1 2025, up from 4,518 in Q4 2024.
  • Funds reported $468B of Berkshire Hathaway Class B stock for Q1 2025, up 19% quarter-over-quarter.
  • 226 funds opened new Berkshire Hathaway Class B positions in Q1 2025 and 107 closed out, a net change of +119 holders.
  • The largest Berkshire Hathaway Class B buyer in Q1 2025 was Fidelity Investments, an estimated $1.98B added.
  • The largest Berkshire Hathaway Class B seller in Q1 2025 was Assenagon Asset Management, an estimated $1.28B sold.

Based on aggregated 13F filings for Q1 2025.