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Berkshire Hathaway Class B

1,658 hedge funds and large institutions have $115B invested in Berkshire Hathaway Class B in 2015 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 753 increasing their positions, 543 reducing their positions, and 80 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $1.11B | Put options by funds: $768M

39% more repeat investments, than reductions

Existing positions increased: 753 | Existing positions reduced: 543

7% more funds holding in top 10

Funds holding in top 10: 292311 (+19)

6% more capital invested

Capital invested by funds: $109B → $115B (+$6.03B)

1.39% more ownership

Funds ownership: 65.23%66.62% (+1.4%)

2% less funds holding

Funds holding: 1,6901,658 (-32)

24% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 80

Holders
1,658
Holders Change
-32
Holders Change %
-1.89%
% of All Funds
46.27%
Holding in Top 10
311
Holding in Top 10 Change
+19
Holding in Top 10 Change %
+6.51%
% of All Funds
8.68%
New
61
Increased
753
Reduced
543
Closed
80
Calls
$1.11B
Puts
$768M
Net Calls
+$341M
Net Calls Change
-$53.9M
Name Holding Trade Value Shares
Change
Change in
Stake
LTFS
176
Ladenburg Thalmann Financial Services
Florida
$60.8M +$1.21M +8,835 +2%
TGCM
177
Tukman Grossman Capital Management
California
$59.4M +$1.02M +7,450 +2%
IRF
178
IBM Retirement Fund
New York
$59.2M -$201K -1,466 -0.3%
BO
179
BRR OpCo
Ohio
$59.1M +$3.44M +25,097 +6%
HIMCH
180
Hartford Investment Management Co (HIMCO)
Connecticut
$59.1M +$1.92M +14,034 +3%
SBCM
181
Schwerin Boyle Capital Management
Massachusetts
$59M +$375K +2,735 +0.6%
Stifel Financial
182
Stifel Financial
Missouri
$58.5M +$4.34M +31,673 +8%
Public Employees Retirement Association of Colorado
183
Public Employees Retirement Association of Colorado
Colorado
$58M -$762K -5,561 -1%
EIM
184
ExxonMobil Investment Management
Texas
$56.1M +$3.45M +25,186 +6%
Artisan Partners
185
Artisan Partners
Wisconsin
$54.5M +$4.08M +29,804 +8%
ACM
186
AKRE Capital Management
Virginia
$53.6M +$13.2M +96,589 +31%
M&T Bank
187
M&T Bank
New York
$53.2M +$11.1M +81,322 +25%
PIA
188
Piedmont Investment Advisors
North Carolina
$53.1M +$446K +3,258 +0.8%
Royal London Asset Management
189
Royal London Asset Management
United Kingdom
$52.6M +$55.3M +403,728 New
TAM
190
Timucuan Asset Management
Florida
$51.4M +$2.56M +18,713 +5%
Envestnet Asset Management
191
Envestnet Asset Management
Illinois
$51M +$12.9M +94,524 +32%
WIM
192
Waverton Investment Management
United Kingdom
$50.6M +$3.24M +23,625 +6%
TBC
193
Tweedy, Browne Co
Connecticut
$50.4M -$427K -3,120 -0.8%
QI
194
QV Investors
Alberta, Canada
$49.6M +$1.27M +9,275 +2%
LC
195
Lourd Capital
California
$49.6M -$68.4K -499 -0.1%
Franklin Resources
196
Franklin Resources
California
$49.4M -$526K -3,836 -1%
Citigroup
197
Citigroup
New York
$48M -$31.5M -230,109 -38%
KP
198
Kiltearn Partners
United Kingdom
$47.6M +$9.8M +71,500 +24%
BMO
199
Beck Mack & Oliver
New York
$46.9M -$3.07M -22,394 -6%
William Blair & Company
200
William Blair & Company
Illinois
$45.9M +$730K +5,325 +2%

BRK.B Hedge Fund Activity: Q3 2015 in Review

1,658 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class B (BRK.B) for Q3 2015, worth a combined $115B — up 5.6% from $109B a quarter earlier.

Sellers outnumbered buyers: 80 funds closed out of BRK.B and 61 opened new positions — a net loss of 19 holders — while 543 trimmed existing stakes and 753 added.

The largest buyer was Gates Foundation Trust, adding an estimated $1.47B. The largest seller was Deutsche Bank, cutting an estimated $455M.

  • 1,658 institutional investors held Berkshire Hathaway Class B (BRK.B) as of Q3 2015, down from 1,690 in Q2 2015.
  • Funds reported $115B of Berkshire Hathaway Class B stock for Q3 2015, up 5.6% quarter-over-quarter.
  • 61 funds opened new Berkshire Hathaway Class B positions in Q3 2015 and 80 closed out, a net change of -19 holders.
  • The largest Berkshire Hathaway Class B buyer in Q3 2015 was Gates Foundation Trust, an estimated $1.47B added.
  • The largest Berkshire Hathaway Class B seller in Q3 2015 was Deutsche Bank, an estimated $455M sold.

Based on aggregated 13F filings for Q3 2015.