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Berkshire Hathaway Class B

3,607 hedge funds and large institutions have $299B invested in Berkshire Hathaway Class B in 2023 Q2 according to their latest regulatory filings, with 176 funds opening new positions, 1,364 increasing their positions, 1,447 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

98% more first-time investments, than exits

New positions opened: 176 | Existing positions closed: 89

81% more call options, than puts

Call options by funds: $6.86B | Put options by funds: $3.8B

16% more capital invested

Capital invested by funds: $257B → $299B (+$41.7B)

3% more funds holding in top 10

Funds holding in top 10: 633650 (+17)

2% more funds holding

Funds holding: 3,5533,607 (+54)

1.1% more ownership

Funds ownership: 63.94%65.03% (+1.1%)

6% less repeat investments, than reductions

Existing positions increased: 1,364 | Existing positions reduced: 1,447

Holders
3,607
Holders Change
+54
Holders Change %
+1.52%
% of All Funds
56.6%
Holding in Top 10
650
Holding in Top 10 Change
+17
Holding in Top 10 Change %
+2.69%
% of All Funds
10.2%
New
176
Increased
1,364
Reduced
1,447
Closed
89
Calls
$6.86B
Puts
$3.8B
Net Calls
+$3.06B
Net Calls Change
+$1.37B
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$48.9B +$240M +734,628 +0.5%
BlackRock
2
BlackRock
New York
$35.1B -$229M -700,549 -0.7%
State Street
3
State Street
Massachusetts
$23.2B +$2.97M +9,110 +0%
MSE
4
MUFG Securities EMEA
United Kingdom
$11.4B
Geode Capital Management
5
Geode Capital Management
Massachusetts
$11B +$140M +430,064 +1%
Gates Foundation Trust
6
Gates Foundation Trust
Washington
$8.57B +$1.78B +5,453,008 +28%
Morgan Stanley
7
Morgan Stanley
New York
$7.63B +$157M +480,012 +2%
Northern Trust
8
Northern Trust
Illinois
$5.5B -$247M -757,555 -4%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$4.72B -$4.9M -15,001 -0.1%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$4.03B +$64.5M +197,671 +2%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$3.73B -$30.1M -92,351 -0.8%
Norges Bank
12
Norges Bank
Norway
$3.64B +$467M +1,429,522 +15%
Charles Schwab
13
Charles Schwab
California
$3.29B -$14.8M -45,419 -0.5%
Bank of America
14
Bank of America
North Carolina
$3.28B -$559M -1,711,931 -15%
JP Morgan Chase
15
JP Morgan Chase
New York
$3.25B +$230M +704,689 +8%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$3.18B +$226M +693,717 +8%
Goldman Sachs
17
Goldman Sachs
New York
$2.52B +$74.9M +229,373 +3%
Legal & General Group
18
Legal & General Group
United Kingdom
$2.49B +$51.5M +157,695 +2%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$2.44B +$30.4M +93,108 +1%
Nuveen
20
Nuveen
North Carolina
$2.18B +$15.4M +47,226 +0.7%
Flossbach Von Storch
21
Flossbach Von Storch
Germany
$1.98B -$7.85M -24,048 -0.4%
Barclays
22
Barclays
United Kingdom
$1.96B +$744M +2,280,210 +66%
HHII
23
H&H International Investment
California
$1.93B -$7.18M -22,000 -0.4%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$1.81B +$35.7M +109,413 +2%
Swiss National Bank
25
Swiss National Bank
Switzerland
$1.6B +$1.53B +4,684,505 New

BRK.B Hedge Fund Activity: Q2 2023 in Review

3,607 of the 6,373 institutional investors tracked by Wall St. Rank reported a position in Berkshire Hathaway Class B (BRK.B) for Q2 2023, worth a combined $299B — up 16% from $257B a quarter earlier.

Buyers outnumbered sellers: 176 funds opened new BRK.B positions and 89 closed out — a net gain of 87 holders — while 1,364 added to existing stakes and 1,447 trimmed.

The largest buyer was Gates Foundation Trust, adding an estimated $1.78B. The largest seller was Bank of America, cutting an estimated $559M.

  • 3,607 institutional investors held Berkshire Hathaway Class B (BRK.B) as of Q2 2023, up from 3,553 in Q1 2023.
  • Funds reported $299B of Berkshire Hathaway Class B stock for Q2 2023, up 16% quarter-over-quarter.
  • 176 funds opened new Berkshire Hathaway Class B positions in Q2 2023 and 89 closed out, a net change of +87 holders.
  • The largest Berkshire Hathaway Class B buyer in Q2 2023 was Gates Foundation Trust, an estimated $1.78B added.
  • The largest Berkshire Hathaway Class B seller in Q2 2023 was Bank of America, an estimated $559M sold.

Based on aggregated 13F filings for Q2 2023.