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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$13B +$335M +2,496,978 +3%
State Street
2
State Street
Massachusetts
$10.2B +$136M +1,017,034 +1%
Gates Foundation Trust
3
Gates Foundation Trust
Washington
$9.82B -$671M -5,000,000 -6%
LTI
4
Laffer Tengler Investments
Tennessee
$7.03B
BIT
5
BlackRock Institutional Trust
California
$6.17B -$49.3M -367,291 -0.8%
BFA
6
BlackRock Fund Advisors
California
$2.83B +$203M +1,515,336 +8%
Northern Trust
7
Northern Trust
Illinois
$2.56B -$161M -1,197,158 -6%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$2.19B -$223M -1,661,406 -9%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$2.04B +$22M +164,262 +1%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$2.01B +$14.4M +107,202 +0.7%
Eagle Capital Management (New York)
11
Eagle Capital Management (New York)
New York
$1.64B +$155M +1,155,347 +10%
Capital Research Global Investors
12
Capital Research Global Investors
California
$1.61B +$103M +770,187 +7%
Boston Partners
13
Boston Partners
Massachusetts
$1.41B +$108M +802,952 +8%
BG
14
BlackRock Group
United Kingdom
$1.31B -$45.3M -337,433 -3%
Norges Bank
15
Norges Bank
Norway
$971M -$65.4M -487,638 -6%
Morgan Stanley
16
Morgan Stanley
New York
$952M -$24.2M -179,976 -2%
TCIM
17
TIAA CREF Investment Management
New York
$931M +$49.2M +366,511 +5%
Bank of America
18
Bank of America
North Carolina
$892M +$2.76M +20,549 +0.3%
JP Morgan Chase
19
JP Morgan Chase
New York
$844M +$718K +5,347 +0.1%
Ameriprise
20
Ameriprise
Minnesota
$827M -$7.15M -53,247 -0.8%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$823M +$71.9M +535,951 +9%
Wells Fargo
22
Wells Fargo
California
$768M +$27.8M +207,474 +4%
Fisher Asset Management
23
Fisher Asset Management
Washington
$738M +$9.34M +69,569 +1%
FMI
24
Fiduciary Management Inc
Wisconsin
$737M -$32.5M -241,815 -4%
Legal & General Group
25
Legal & General Group
United Kingdom
$683M +$17.1M +127,204 +3%

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.