Vault-13

BERKSHIRE HATHAWAY INC DEL BRK.A

CL A · Common Stock · CUSIP 084670108

American multinational conglomerate holding company

1,366 institutional holders -20 vs Q2 2025
178,209178.2k shares reported held*
$66.4bnreported value*
37 new 93 added 151 reduced 46 sold out net sold ≈ $5.8bn (-847.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($39.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $372711.83. Options: 1 managers hold calls ($1.8bn notional), 1 hold puts ($301.7m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,035Q4 22: 1,077Q1 23: 1,071Q2 23: 1,072Q3 23: 1,000Q4 23: 1,036Q1 24: 1,030Q2 24: 1,032Q3 24: 1,038Q4 24: 1,070Q1 25: 1,394Q2 25: 1,386Q3 25: 1,3661,366Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 20221,035
Q4 20221,077
Q1 20231,071
Q2 20231,072
Q3 20231,000
Q4 20231,036
Q1 20241,030
Q2 20241,032
Q3 20241,038
Q4 20241,070
Q1 20251,394
Q2 20251,386
Q3 20251,366

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
5000500Q4 23: 122 bought or addedQ4 23: 167 cut or sold outQ1 24: 123 bought or addedQ1 24: 168 cut or sold outQ1 24Q2 24: 130 bought or addedQ2 24: 167 cut or sold outQ3 24: 116 bought or addedQ3 24: 153 cut or sold outQ3 24Q4 24: 132 bought or addedQ4 24: 170 cut or sold outQ1 25: 500 bought or addedQ1 25: 191 cut or sold outQ1 25Q2 25: 159 bought or addedQ2 25: 193 cut or sold outQ3 25: 130 bought or addedQ3 25: 197 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023122167
Q1 2024123168
Q2 2024130167
Q3 2024116153
Q4 2024132170
Q1 2025500191
Q2 2025159193
Q3 2025130197

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500m$1bn$1.5bn$2bnQ4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $798.4kQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $1.8bnQ3 25 puts: $301.7mQ3 25P/C 0.17
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$798.4k—
Q2 2025$0$0—
Q3 2025$1.8bn$301.7m0.17

Biggest buyers

Biggest sellers

Waterford Advisors, LLC Reduced -529,662-529.7k
VESTOR CAPITAL, LLC Reduced -399,822-399.8k
FMR LLC Reduced -6,186-6.2k
Kestra Advisory Services, LLC Reduced -1,233-1.2k
ROYAL BANK OF CANADA Reduced -277-277
Rede Wealth, LLC Reduced -209-209
BlackRock, Inc. Reduced -144-144
Clearbridge Investments, LLC Reduced -134-134
Mawer Investment Management Ltd. Reduced -100-100
GARDNER RUSSO & QUINN LLC Reduced -83-83

Biggest calls

CIBC WORLD MARKET INC. New $1.8bn2.4k shares

Biggest puts

CIBC WORLD MARKET INC. New $301.7m400 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BUFFETT WARREN E 13D · may seek influence +0.5 pts · filed 2026-07-15 38.2% +0.5 pts 188.3k≈ $141.0bn 2026-07-15

Fell to 5% or below in the last year: FMR LLC (4.7%, 2026-02-05)

Insider purchases and sales in Q3 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 23: 0 buyingQ4 23: 0 sellingQ1 24: 0 buyingQ1 24: 0 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 1 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 1 sellingQ3 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—1——
Q2 20250—0——
Q3 20250—1$929.5k—
DateInsiderTradeSharesPrice ValueTheir holding
2025-09-26 Jain Ajit Vice Chairman, director · By Jain Foundation Inc. (Non-Profit Corporation) Sold 15,000 — —15.0k shares -12%
2025-08-08 Jain Ajit Vice Chairman, director · By Jain Foundation Inc. (Non-Profit Corporation) Sold 2,000 $464.73 $929.5k2.0k shares -2%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 REGIONS FINANCIAL CORP 0.27% of their portfolio BIRMINGHAM, AL 89,61389.6k $84.2m $84.2m 0.27% Added +89.6k +89,587
2 FMR LLC 1.06% of their portfolio BOSTON, MA 27,06527.1k $20.4bn $20.4bn 1.06% Reduced -6.2k -6,186
3 FIRST MANHATTAN CO. LLC. 29.20% of their portfolio NEW YORK, NY 14,65814.7k $11.1bn $11.1bn 29.20% Added +321 +321
4 VANGUARD GROUP INC 0.04% of their portfolio Valley Forge, PA 3,8523.9k $2.9bn $2.9bn 0.04% Added +4 +4
5 HighTower Advisors, LLC 1.57% of their portfolio CHICAGO, IL 1,8291.8k $1.4bn $1.4bn 1.57% Reduced -49 -49
6 GARDNER RUSSO & QUINN LLC 12.46% of their portfolio LANCASTER, PA 1,5411.5k $1.2bn $1.2bn 12.46% Reduced -83 -83
7 EVERETT HARRIS & CO /CA/ 13.17% of their portfolio LOS ANGELES, CA 1,4161.4k $1.1bn $1.1bn 13.17% Reduced -1 -1
8 Hikari Tsushin, Inc. 57.15% of their portfolio TOKYO, M0 1,1271.1k $850.0m $850.0m 57.15% Unchanged
9 Markel Group Inc. 6.82% of their portfolio Glen Allen, VA 1,1141.1k $840.2m $840.2m 6.82% Unchanged
10 PNC Financial Services Group, Inc. 0.48% of their portfolio Pittsburgh, PA 1,0451.0k $788.1m $788.1m 0.48% Reduced -39 -39
11 Paralel Advisors LLC 30.20% of their portfolio DENVER, CO 1,0281.0k $775.3m $775.3m 30.20% Unchanged
12 Davis Selected Advisers 3.93% of their portfolio Tucson, AZ 998998 $752.7m $752.7m 3.93% Reduced -67 -67
13 US BANCORP \DE\ 0.80% of their portfolio MINNEAPOLIS, MN 900900 $678.8m $678.8m 0.80% Reduced -1 -1
14 Graham Holdings Co Master Retirement Trust 84.94% of their portfolio ARLINGTON, VA 829829 $625.2m $625.2m 84.94% Unchanged
15 Hikari Power Ltd 47.54% of their portfolio TOKYO, M0 783783 $590.5m $590.5m 47.54% Unchanged
16 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 754754 $568.7m $568.7m 0.04% Added +32 +32
17 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 741741 $558.9m $558.9m 0.03% Added +39 +39
18 Mawer Investment Management Ltd. 2.78% of their portfolio CALGARY, A0 711711 $536.2m $536.2m 2.78% Reduced -100 -100
19 WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 5.75% of their portfolio LONDON, X0 700700 $527.9m $527.9m 5.75% Unchanged
20 California Public Employees Retirement System 0.30% of their portfolio Sacramento, CA 675675 $509.1m $509.1m 0.30% Reduced -6 -6
21 Fiduciary Trust Co 5.50% of their portfolio Boston, MA 644644 $485.7m $485.7m 5.50% Added +1 +1
22 BlackRock, Inc. 0.01% of their portfolio New York, NY 608608 $458.9m $458.9m 0.01% Reduced -144 -144
23 UBS Group AG 0.09% of their portfolio ZURICH, V8 579579 $436.7m $436.7m 0.09% Added +80 +80
24 STATE OF WISCONSIN INVESTMENT BOARD 0.99% of their portfolio MADISON, WI 570570 $429.9m $429.9m 0.99% Added +121 +121
25 First Eagle Investment Management, LLC 0.78% of their portfolio NEW YORK, NY 569569 $429.1m $429.1m 0.78% Reduced -80 -80
26 Baldwin Investment Management, LLC 48.01% of their portfolio WEST CONSHOHOCKEN, PA 556556 $419.3m $419.3m 48.01% Unchanged
27 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 482482 $36.2m $36.2m 0.01% Added +374 +374
28 Legal & General Group Plc 0.08% of their portfolio London, X0 455455 $343.1m $343.1m 0.08% Added +27 +27
29 Graham Holdings Co 31.87% of their portfolio ARLINGTON, VA 422422 $318.3m $318.3m 31.87% Unchanged
30 Fayez Sarofim & Co 0.68% of their portfolio Houston, TX 387387 $291.9m $291.9m 0.68% Reduced -5 -5
31 BRIDGES INVESTMENT MANAGEMENT INC 3.55% of their portfolio OMAHA, NE 368368 $277.5m $277.5m 3.55% Reduced -14 -14
32 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 359359 $270.8m $270.8m 0.01% Reduced -3 -3
33 Mariner, LLC 0.34% of their portfolio Overland Park, KS 348348 $262.5m $262.5m 0.34% Added +37 +37
34 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 341341 $257.2m $257.2m 0.03% Added +27 +27
35 ALLEN HOLDING INC /NY 23.49% of their portfolio NEW YORK, NY 330330 $248.9m $248.9m 23.49% Unchanged
36 Clearbridge Investments, LLC 0.18% of their portfolio NEW YORK, NY 316316 $238.3m $238.3m 0.18% Reduced -134 -134
37 Canton Hathaway, LLC 43.75% of their portfolio PROVIDENCE, RI 302302 $227.8m $227.8m 43.75% Reduced -8 -8
38 Virtu Financial LLC 12.51% of their portfolio New York, NY 297297 $224.0m $224.0m 12.51% Added +111 +111
39 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 286286 $215.7m $215.7m 0.04% Reduced -3 -3
40 ARMSTRONG HENRY H ASSOCIATES INC 19.37% of their portfolio PITTSBURGH, PA 284284 $214.2m $214.2m 19.37% Reduced -2 -2
41 Pathstone Holdings, LLC 0.80% of their portfolio ENGLEWOOD, NJ 276276 $208.2m $208.2m 0.80% Reduced -2 -2
42 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 271271 $204.4m $204.4m 0.09% Added +7 +7
43 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 271271 $204.4m $204.4m 0.04% Reduced -277 -277
44 Corient Private Wealth LP 0.27% of their portfolio MIAMI, FL 229229 $172.7m $172.7m 0.27% Reduced -6 -6
45 WINTON GROUP Ltd 6.13% of their portfolio LONDON, X0 217217 $163.7m $163.7m 6.13% Unchanged
46 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 205205 $154.6m $154.6m 0.02% Added +2 +2
47 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 198198 $149.3m $149.3m 0.00% Added +98 +98
48 BROWN ADVISORY INC 0.19% of their portfolio BALTIMORE, MD 197197 $148.6m $148.6m 0.19% Reduced -11 -11
49 Creative Planning 0.11% of their portfolio OVERLAND PARK, KS 195195 $147.0m $147.0m 0.11% Reduced -4 -4
50 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio NEW YORK, NY 190190 $143.3m $143.3m 0.03% Reduced -3 -3
51 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 183183 $138.0m $138.0m 0.04% Reduced -4 -4
52 UMB Bank, n.a. 2.03% of their portfolio Kansas City, MO 183183 $138.0m $138.0m 2.03% Reduced -29 -29
53 Ninety One SA (Pty) Ltd 4.70% of their portfolio Cape Town, T3 182182 $136.4m $136.4m 4.70% Added +91 +91
54 TIMUCUAN ASSET MANAGEMENT INC/FL 3.80% of their portfolio JACKSONVILLE, FL 172172 $129.7m $129.7m 3.80% Reduced -4 -4
55 NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio NEW YORK, NY 156156 $117.7m $117.7m 0.09% Added +12 +12
56 Auto-Owners Insurance Co 3.04% of their portfolio LANSING, MI 156156 $117.7m $117.7m 3.04% Unchanged
57 Burgundy Asset Management Ltd. 1.10% of their portfolio Toronto, A6 154154 $116.3m $116.3m 1.10% Unchanged
58 COLDSTREAM CAPITAL MANAGEMENT INC 1.53% of their portfolio BELLEVUE, WA 151151 $113.9m $113.9m 1.53% Reduced -15 -15
59 HSBC HOLDINGS PLC 0.06% of their portfolio LONDON, X0 146146 $110.1m $110.1m 0.06% Reduced -1 -1
60 Punch Card Management L.P. 33.92% of their portfolio WINTER PARK, FL 145145 $109.4m $109.4m 33.92% Unchanged
61 Tweedy, Browne Co LLC 9.43% of their portfolio Stamford, CT 144144 $108.6m $108.6m 9.43% Reduced -9 -9
62 BROWN BROTHERS HARRIMAN & CO 0.65% of their portfolio NEW YORK, NY 142142 $107.1m $107.1m 0.65% Reduced -37 -37
63 STIFEL FINANCIAL CORP 0.09% of their portfolio ST. LOUIS, MO 137137 $103.3m $103.3m 0.09% Reduced -7 -7
64 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 137137 $103.3m $103.3m 0.05% Reduced -4 -4
65 GABELLI FUNDS LLC 0.69% of their portfolio Rye, NY 136136 $102.6m $102.6m 0.69% Reduced -1 -1
66 ROYAL LONDON ASSET MANAGEMENT LTD 0.21% of their portfolio UNITED KINGDOM, X0 130130 $98.0m $98.0m 0.21% Reduced -4 -4
67 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.88% of their portfolio AMSTERDAM, P7 130130 $98.0m $98.0m 0.88% Unchanged
68 WS MANAGEMENT LLLP 14.47% of their portfolio JACKSONVILLE, FL 125125 $94.3m $94.3m 14.47% Unchanged
69 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 121121 $91.5m $91.5m 0.02% Unchanged
70 COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio WALTHAM, MA 120120 $90.5m $90.5m 0.12% Reduced -14 -14
71 HARTLINE INVESTMENT CORP/ 9.39% of their portfolio WINNETKA, IL 120120 $90.5m $90.5m 9.39% Reduced -6 -6
72 Davis Asset Management, L.P. 3.22% of their portfolio SAUSALITO, CA 120120 $90.5m $90.5m 3.22% Unchanged
73 Universal- Beteiligungs- und Servicegesellschaft mbH 0.15% of their portfolio FRANKFURT AM MAIN, 2M 120120 $90.5m $90.5m 0.15% Reduced -15 -15
74 MERCER GLOBAL ADVISORS INC /ADV 0.15% of their portfolio DENVER, CO 119119 $89.7m $89.7m 0.15% Added +7 +7
75 Mill Capital Management, LLC 6.65% of their portfolio CONCORD, NC 119119 $89.7m $89.7m 6.65% Reduced -1 -1
76 Ruane, Cunniff & Goldfarb L.P. 1.46% of their portfolio New York, NY 117117 $88.2m $88.2m 1.46% Unchanged
77 STATE OF MICHIGAN RETIREMENT SYSTEM 0.42% of their portfolio EAST LANSING, MI 116116 $87.5m $87.5m 0.42% Unchanged
78 SEMPER AUGUSTUS INVESTMENTS GROUP LLC 10.92% of their portfolio Highlands Ranch, CO 116116 $87.5m $87.5m 10.92% Unchanged
79 Well Done, LLC 14.38% of their portfolio HOLLAND, MI 112112 $84.5m $84.5m 14.38% Unchanged
80 GENERAL AMERICAN INVESTORS CO INC 5.19% of their portfolio NEW YORK, NY 110110 $83.0m $83.0m 5.19% Unchanged
81 Douglass Winthrop Advisors, LLC 1.39% of their portfolio NEW YORK, NY 106106 $79.9m $79.9m 1.39% Unchanged
82 Vontobel Holding Ltd. 0.24% of their portfolio ZURICH, V8 101101 $76.2m $76.2m 0.24% Reduced -16 -16
83 PROFESSIONAL ADVISORY SERVICES INC 0.10% of their portfolio VERO BEACH, FL 100100 $754.0k $754.0k 0.10% Unchanged
84 Artemis Wealth Advisors, LLC 0.13% of their portfolio Port Washington, NY 100100 $754.2k $754.2k 0.13% Unchanged
85 HOLLENCREST CAPITAL MANAGEMENT 2.59% of their portfolio NEWPORT BEACH, CA 9595 $71.6m $71.6m 2.59% Unchanged
86 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 9595 $71.6m $71.6m 0.04% Added +1 +1
87 Focus Partners Wealth 0.12% of their portfolio ST LOUIS, MO 9595 $71.6m $71.6m 0.12% Added +7 +7
88 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 9494 $70.9m $70.9m 0.02% Added +7 +7
89 CI INVESTMENTS INC. 0.25% of their portfolio TORONTO, Z4 9090 $67.9m $67.9m 0.25% Reduced -13 -13
90 Bank Pictet & Cie (Europe) AG 1.34% of their portfolio FRANKFURT AM MAIN, 2M 8989 $67.1m $67.1m 1.34% Unchanged
91 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 8888 $66.4m $66.4m 0.04% Added +2 +2
92 Rockefeller Capital Management L.P. 0.13% of their portfolio NEW YORK, NY 8787 $65.6m $65.6m 0.13% New
93 Chou Associates Management Inc. 31.22% of their portfolio TORONTO, A6 8686 $64.9m $64.9m 31.22% Unchanged
94 ACR Alpine Capital Research, LLC 1.10% of their portfolio ST. LOUIS, MO 8585 $64.1m $64.1m 1.10% Unchanged
95 Capital Research Global Investors 0.01% of their portfolio Los Angeles, CA 8282 $61.8m $61.8m 0.01% Unchanged
96 TIAA TRUST, NATIONAL ASSOCIATION 0.15% of their portfolio CHARLOTTE, NC 8181 $61.1m $61.1m 0.15% Unchanged
97 CHOREO, LLC 0.79% of their portfolio ROCKFORD, IL 8080 $60.3m $60.3m 0.79% Reduced -1 -1
98 Accredited Investors Inc. 3.32% of their portfolio EDINA, MN 7979 $59.6m $59.6m 3.32% Unchanged
99 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 7878 $58.8m $58.8m 0.10% Added +2 +2
100 FLOW TRADERS U.S. LLC 2.36% of their portfolio NEW YORK, NY 7777 $58.1m $58.1m 2.36% Added +65 +65