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Berkshire Hathaway Class B

1,642 hedge funds and large institutions have $120B invested in Berkshire Hathaway Class B in 2014 Q4 according to their latest regulatory filings, with 182 funds opening new positions, 563 increasing their positions, 608 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

379% more first-time investments, than exits

New positions opened: 182 | Existing positions closed: 38

20% more funds holding in top 10

Funds holding in top 10: 269324 (+55)

9% more capital invested

Capital invested by funds: $111B → $120B (+$9.68B)

8% more funds holding

Funds holding: 1,5171,642 (+125)

0.27% less ownership

Funds ownership: 66.32%66.06% (-0.27%)

7% less call options, than puts

Call options by funds: $1.39B | Put options by funds: $1.49B

7% less repeat investments, than reductions

Existing positions increased: 563 | Existing positions reduced: 608

Holders
1,642
Holders Change
+125
Holders Change %
+8.24%
% of All Funds
43.8%
Holding in Top 10
324
Holding in Top 10 Change
+55
Holding in Top 10 Change %
+20.45%
% of All Funds
8.64%
New
182
Increased
563
Reduced
608
Closed
38
Calls
$1.39B
Puts
$1.49B
Net Calls
-$98.5M
Net Calls Change
+$138M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$13.1B +$453M +3,140,365 +4%
State Street
2
State Street
Massachusetts
$12.4B +$633M +4,384,831 +6%
Gates Foundation Trust
3
Gates Foundation Trust
Washington
$11.8B -$722M -5,000,000 -6%
BIT
4
BlackRock Institutional Trust
California
$7.09B -$32.7M -226,446 -0.5%
Northern Trust
5
Northern Trust
Illinois
$3.15B +$13.4M +92,482 +0.4%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$3.1B -$20.6M -142,446 -0.7%
BFA
7
BlackRock Fund Advisors
California
$2.92B +$277M +1,919,885 +11%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$2.15B -$269M -1,864,921 -12%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$2.15B +$76.4M +529,118 +4%
Eagle Capital Management (New York)
10
Eagle Capital Management (New York)
New York
$1.58B -$505M -3,500,122 -25%
BG
11
BlackRock Group
United Kingdom
$1.5B +$80.5M +557,774 +6%
Boston Partners
12
Boston Partners
Massachusetts
$1.35B +$75.5M +522,911 +6%
Morgan Stanley
13
Morgan Stanley
New York
$1.07B +$72.4M +501,275 +8%
TCIM
14
TIAA CREF Investment Management
New York
$1.03B -$52.9M -366,734 -5%
JP Morgan Chase
15
JP Morgan Chase
New York
$945M -$28M -193,823 -3%
FMI
16
Fiduciary Management Inc
Wisconsin
$923M -$16.7M -115,779 -2%
AllianceBernstein
17
AllianceBernstein
Tennessee
$917M -$48M -332,335 -5%
Wells Fargo
18
Wells Fargo
California
$852M +$42.4M +293,918 +5%
Bank of America
19
Bank of America
North Carolina
$846M +$1.03M +7,112 +0.1%
Fisher Asset Management
20
Fisher Asset Management
Washington
$815M -$654K -4,528 -0.1%
BBHC
21
Brown Brothers Harriman & Co
New York
$801M -$14.6M -101,113 -2%
UBS AM
22
UBS AM
Illinois
$795M +$15.5M +107,709 +2%
Ameriprise
23
Ameriprise
Minnesota
$793M +$173M +1,200,807 +29%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$789M -$18.3M -126,521 -2%
Neuberger Berman Group
25
Neuberger Berman Group
New York
$758M +$21M +145,242 +3%

BRK.B Hedge Fund Activity: Q4 2014 in Review

1,642 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class B (BRK.B) for Q4 2014, worth a combined $120B — up 8.7% from $111B a quarter earlier.

Buyers outnumbered sellers: 182 funds opened new BRK.B positions and 38 closed out — a net gain of 144 holders — while 563 added to existing stakes and 608 trimmed.

The largest buyer was State Street, adding an estimated $633M. The largest seller was Gates Foundation Trust, cutting an estimated $722M.

  • 1,642 institutional investors held Berkshire Hathaway Class B (BRK.B) as of Q4 2014, up from 1,517 in Q3 2014.
  • Funds reported $120B of Berkshire Hathaway Class B stock for Q4 2014, up 8.7% quarter-over-quarter.
  • 182 funds opened new Berkshire Hathaway Class B positions in Q4 2014 and 38 closed out, a net change of +144 holders.
  • The largest Berkshire Hathaway Class B buyer in Q4 2014 was State Street, an estimated $633M added.
  • The largest Berkshire Hathaway Class B seller in Q4 2014 was Gates Foundation Trust, an estimated $722M sold.

Based on aggregated 13F filings for Q4 2014.