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Berkshire Hathaway Class B

1,749 hedge funds and large institutions have $117B invested in Berkshire Hathaway Class B in 2015 Q4 according to their latest regulatory filings, with 161 funds opening new positions, 672 increasing their positions, 627 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

243% more first-time investments, than exits

New positions opened: 161 | Existing positions closed: 47

15% more call options, than puts

Call options by funds: $966M | Put options by funds: $843M

6% more funds holding

Funds holding: 1,6571,749 (+92)

7% more repeat investments, than reductions

Existing positions increased: 672 | Existing positions reduced: 627

2% more capital invested

Capital invested by funds: $115B → $117B (+$2.26B)

0.29% more ownership

Funds ownership: 66.62%66.9% (+0.29%)

3% less funds holding in top 10

Funds holding in top 10: 310302 (-8)

Holders
1,749
Holders Change
+92
Holders Change %
+5.55%
% of All Funds
45.88%
Holding in Top 10
302
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-2.58%
% of All Funds
7.92%
New
161
Increased
672
Reduced
627
Closed
47
Calls
$966M
Puts
$843M
Net Calls
+$123M
Net Calls Change
-$218M
Name Holding Trade Value Shares
Change
Change in
Stake
CB
151
Cooke & Bieler
Pennsylvania
$78.1M -$1.4M -10,463 -2%
IG
152
ING Group
Netherlands
$77.7M +$52.9M +394,006 +202%
IVA
153
International Value Advisers
$77.7M -$973K -7,249 -1%
HFS
154
HL Financial Services
Kentucky
$76.7M +$2.4M +17,869 +3%
DC
155
Davenport & Co
Virginia
$76.6M +$247K +1,840 +0.3%
HighTower Advisors
156
HighTower Advisors
Illinois
$76.4M +$3.68M +27,456 +5%
National Pension Service
157
National Pension Service
South Korea
$73.7M +$4.64M +34,568 +7%
AG
158
Aperio Group
California
$73.4M +$10.1M +75,368 +16%
ASRS
159
Arizona State Retirement System
Arizona
$73.1M -$1.23M -9,200 -2%
GEM
160
Global Endowment Management
North Carolina
$72M
GAM
161
GVO Asset Management
Switzerland
$71.5M -$94.9M -707,100 -57%
ACI
162
AMP Capital Investors
Australia
$70.7M -$2.32M -17,302 -3%
VRS
163
Virginia Retirement Systems
Virginia
$69.8M +$1.59M +11,837 +2%
GC
164
Guggenheim Capital
Illinois
$68.7M +$3.61M +26,903 +5%
KeyBank National Association
165
KeyBank National Association
Ohio
$68.2M +$3.14M +23,417 +5%
Canada Pension Plan Investment Board
166
Canada Pension Plan Investment Board
Ontario, Canada
$68M +$27.6M +205,514 +66%
Stifel Financial
167
Stifel Financial
Missouri
$67.1M +$8.08M +60,181 +13%
Comerica Bank
168
Comerica Bank
Texas
$66.8M -$1.26M -9,360 -2%
AC
169
Alleghany Corporation
New York
$66M +$38.9M +290,000 +138%
LTFS
170
Ladenburg Thalmann Financial Services
Florida
$66M +$4.46M +33,252 +7%
SOMRS
171
State of Michigan Retirement System
Michigan
$65.7M -$309K -2,300 -0.5%
Diamond Hill Capital Management
172
Diamond Hill Capital Management
Ohio
$64.9M +$66M +491,474 New
AACR
173
ACR Alpine Capital Research
Missouri
$64.8M +$30.6M +228,113 +87%
SWITC
174
Stewart West Indies Trading Company
Colorado
$64M
FQ
175
First Quadrant
California
$63.9M -$4.65M -34,622 -7%

BRK.B Hedge Fund Activity: Q4 2015 in Review

1,749 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class B (BRK.B) for Q4 2015, worth a combined $117B — up 2% from $115B a quarter earlier.

Buyers outnumbered sellers: 161 funds opened new BRK.B positions and 47 closed out — a net gain of 114 holders — while 672 added to existing stakes and 627 trimmed.

The largest buyer was Vanguard Group, adding an estimated $335M. The largest seller was Gates Foundation Trust, cutting an estimated $671M.

  • 1,749 institutional investors held Berkshire Hathaway Class B (BRK.B) as of Q4 2015, up from 1,657 in Q3 2015.
  • Funds reported $117B of Berkshire Hathaway Class B stock for Q4 2015, up 2% quarter-over-quarter.
  • 161 funds opened new Berkshire Hathaway Class B positions in Q4 2015 and 47 closed out, a net change of +114 holders.
  • The largest Berkshire Hathaway Class B buyer in Q4 2015 was Vanguard Group, an estimated $335M added.
  • The largest Berkshire Hathaway Class B seller in Q4 2015 was Gates Foundation Trust, an estimated $671M sold.

Based on aggregated 13F filings for Q4 2015.