BERKSHIRE HATHAWAY INC DEL BRK.A
CL A · Common Stock · CUSIP 084670108
American multinational conglomerate holding company
- SectorFinancials
- IndustryFire, Marine & Casualty Insurance
- HeadquartersOmaha, NE
- Founded1955
- Websiteberkshirehathaway.com
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,035 |
| Q4 2022 | 1,077 |
| Q1 2023 | 1,071 |
| Q2 2023 | 1,072 |
| Q3 2023 | 1,000 |
| Q4 2023 | 1,036 |
| Q1 2024 | 1,030 |
| Q2 2024 | 1,032 |
| Q3 2024 | 1,038 |
| Q4 2024 | 1,070 |
| Q1 2025 | 1,394 |
| Q2 2025 | 1,386 |
| Q3 2025 | 1,366 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 122 | 167 |
| Q1 2024 | 123 | 168 |
| Q2 2024 | 130 | 167 |
| Q3 2024 | 116 | 153 |
| Q4 2024 | 132 | 170 |
| Q1 2025 | 500 | 191 |
| Q2 2025 | 159 | 193 |
| Q3 2025 | 130 | 197 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $0 | $798.4k | — |
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $1.8bn | $301.7m | 0.17 |
Biggest buyers
| REGIONS FINANCIAL CORP | Added | +89.6k |
| FRANKLIN RESOURCES INC | Added | +374 |
| FIRST MANHATTAN CO. LLC. | Added | +321 |
| STATE OF WISCONSIN INVESTMENT BOARD | Added | +121 |
| Virtu Financial LLC | Added | +111 |
| JPMORGAN CHASE & CO | Added | +98 |
| Ninety One SA (Pty) Ltd | Added | +91 |
| Rockefeller Capital Management L.P. | New | +87 |
| UBS Group AG | Added | +80 |
| FLOW TRADERS U.S. LLC | Added | +65 |
Biggest sellers
| Waterford Advisors, LLC | Reduced | -529.7k |
| VESTOR CAPITAL, LLC | Reduced | -399.8k |
| FMR LLC | Reduced | -6.2k |
| Kestra Advisory Services, LLC | Reduced | -1.2k |
| ROYAL BANK OF CANADA | Reduced | -277 |
| Rede Wealth, LLC | Reduced | -209 |
| BlackRock, Inc. | Reduced | -144 |
| Clearbridge Investments, LLC | Reduced | -134 |
| Mawer Investment Management Ltd. | Reduced | -100 |
| GARDNER RUSSO & QUINN LLC | Reduced | -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.
| Holder | Stake |
|---|---|
| BUFFETT WARREN E 13D · may seek influence +0.5 pts · filed 2026-07-15 | 38.2% |
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $929.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-26 | Jain Ajit Vice Chairman, director · By Jain Foundation Inc. (Non-Profit Corporation) | Sold | —15.0k shares |
| 2025-08-08 | Jain Ajit Vice Chairman, director · By Jain Foundation Inc. (Non-Profit Corporation) | Sold | $929.5k2.0k shares |
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
| Manager | Shares | Change |
|---|---|---|
| REGIONS FINANCIAL CORP 0.27% of their portfolio | 89.6k $84.2m | Added +89.6k |
| FMR LLC 1.06% of their portfolio | 27.1k $20.4bn | Reduced -6.2k |
| FIRST MANHATTAN CO. LLC. 29.20% of their portfolio | 14.7k $11.1bn | Added +321 |
| VANGUARD GROUP INC 0.04% of their portfolio | 3.9k $2.9bn | Added +4 |
| HighTower Advisors, LLC 1.57% of their portfolio | 1.8k $1.4bn | Reduced -49 |
| GARDNER RUSSO & QUINN LLC 12.46% of their portfolio | 1.5k $1.2bn | Reduced -83 |
| EVERETT HARRIS & CO /CA/ 13.17% of their portfolio | 1.4k $1.1bn | Reduced -1 |
| Hikari Tsushin, Inc. 57.15% of their portfolio | 1.1k $850.0m | Unchanged |
| Markel Group Inc. 6.82% of their portfolio | 1.1k $840.2m | Unchanged |
| PNC Financial Services Group, Inc. 0.48% of their portfolio | 1.0k $788.1m | Reduced -39 |
| Paralel Advisors LLC 30.20% of their portfolio | 1.0k $775.3m | Unchanged |
| Davis Selected Advisers 3.93% of their portfolio | 998 $752.7m | Reduced -67 |
| US BANCORP \DE\ 0.80% of their portfolio | 900 $678.8m | Reduced -1 |
| Graham Holdings Co Master Retirement Trust 84.94% of their portfolio | 829 $625.2m | Unchanged |
| Hikari Power Ltd 47.54% of their portfolio | 783 $590.5m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 754 $568.7m | Added +32 |
| MORGAN STANLEY 0.03% of their portfolio | 741 $558.9m | Added +39 |
| Mawer Investment Management Ltd. 2.78% of their portfolio | 711 $536.2m | Reduced -100 |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 5.75% of their portfolio | 700 $527.9m | Unchanged |
| California Public Employees Retirement System 0.30% of their portfolio | 675 $509.1m | Reduced -6 |
| Fiduciary Trust Co 5.50% of their portfolio | 644 $485.7m | Added +1 |
| BlackRock, Inc. 0.01% of their portfolio | 608 $458.9m | Reduced -144 |
| UBS Group AG 0.09% of their portfolio | 579 $436.7m | Added +80 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.99% of their portfolio | 570 $429.9m | Added +121 |
| First Eagle Investment Management, LLC 0.78% of their portfolio | 569 $429.1m | Reduced -80 |
| Baldwin Investment Management, LLC 48.01% of their portfolio | 556 $419.3m | Unchanged |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 482 $36.2m | Added +374 |
| Legal & General Group Plc 0.08% of their portfolio | 455 $343.1m | Added +27 |
| Graham Holdings Co 31.87% of their portfolio | 422 $318.3m | Unchanged |
| Fayez Sarofim & Co 0.68% of their portfolio | 387 $291.9m | Reduced -5 |
| BRIDGES INVESTMENT MANAGEMENT INC 3.55% of their portfolio | 368 $277.5m | Reduced -14 |
| STATE STREET CORP 0.01% of their portfolio | 359 $270.8m | Reduced -3 |
| Mariner, LLC 0.34% of their portfolio | 348 $262.5m | Added +37 |
| NORTHERN TRUST CORP 0.03% of their portfolio | 341 $257.2m | Added +27 |
| ALLEN HOLDING INC /NY 23.49% of their portfolio | 330 $248.9m | Unchanged |
| Clearbridge Investments, LLC 0.18% of their portfolio | 316 $238.3m | Reduced -134 |
| Canton Hathaway, LLC 43.75% of their portfolio | 302 $227.8m | Reduced -8 |
| Virtu Financial LLC 12.51% of their portfolio | 297 $224.0m | Added +111 |
| Bank of New York Mellon Corp 0.04% of their portfolio | 286 $215.7m | Reduced -3 |
| ARMSTRONG HENRY H ASSOCIATES INC 19.37% of their portfolio | 284 $214.2m | Reduced -2 |
| Pathstone Holdings, LLC 0.80% of their portfolio | 276 $208.2m | Reduced -2 |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 271 $204.4m | Added +7 |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 271 $204.4m | Reduced -277 |
| Corient Private Wealth LP 0.27% of their portfolio | 229 $172.7m | Reduced -6 |
| WINTON GROUP Ltd 6.13% of their portfolio | 217 $163.7m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 205 $154.6m | Added +2 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 198 $149.3m | Added +98 |
| BROWN ADVISORY INC 0.19% of their portfolio | 197 $148.6m | Reduced -11 |
| Creative Planning 0.11% of their portfolio | 195 $147.0m | Reduced -4 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 190 $143.3m | Reduced -3 |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 183 $138.0m | Reduced -4 |
| UMB Bank, n.a. 2.03% of their portfolio | 183 $138.0m | Reduced -29 |
| Ninety One SA (Pty) Ltd 4.70% of their portfolio | 182 $136.4m | Added +91 |
| TIMUCUAN ASSET MANAGEMENT INC/FL 3.80% of their portfolio | 172 $129.7m | Reduced -4 |
| NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio | 156 $117.7m | Added +12 |
| Auto-Owners Insurance Co 3.04% of their portfolio | 156 $117.7m | Unchanged |
| Burgundy Asset Management Ltd. 1.10% of their portfolio | 154 $116.3m | Unchanged |
| COLDSTREAM CAPITAL MANAGEMENT INC 1.53% of their portfolio | 151 $113.9m | Reduced -15 |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 146 $110.1m | Reduced -1 |
| Punch Card Management L.P. 33.92% of their portfolio | 145 $109.4m | Unchanged |
| Tweedy, Browne Co LLC 9.43% of their portfolio | 144 $108.6m | Reduced -9 |
| BROWN BROTHERS HARRIMAN & CO 0.65% of their portfolio | 142 $107.1m | Reduced -37 |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 137 $103.3m | Reduced -7 |
| AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio | 137 $103.3m | Reduced -4 |
| GABELLI FUNDS LLC 0.69% of their portfolio | 136 $102.6m | Reduced -1 |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.21% of their portfolio | 130 $98.0m | Reduced -4 |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.88% of their portfolio | 130 $98.0m | Unchanged |
| WS MANAGEMENT LLLP 14.47% of their portfolio | 125 $94.3m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 121 $91.5m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.12% of their portfolio | 120 $90.5m | Reduced -14 |
| HARTLINE INVESTMENT CORP/ 9.39% of their portfolio | 120 $90.5m | Reduced -6 |
| Davis Asset Management, L.P. 3.22% of their portfolio | 120 $90.5m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.15% of their portfolio | 120 $90.5m | Reduced -15 |
| MERCER GLOBAL ADVISORS INC /ADV 0.15% of their portfolio | 119 $89.7m | Added +7 |
| Mill Capital Management, LLC 6.65% of their portfolio | 119 $89.7m | Reduced -1 |
| Ruane, Cunniff & Goldfarb L.P. 1.46% of their portfolio | 117 $88.2m | Unchanged |
| STATE OF MICHIGAN RETIREMENT SYSTEM 0.42% of their portfolio | 116 $87.5m | Unchanged |
| SEMPER AUGUSTUS INVESTMENTS GROUP LLC 10.92% of their portfolio | 116 $87.5m | Unchanged |
| Well Done, LLC 14.38% of their portfolio | 112 $84.5m | Unchanged |
| GENERAL AMERICAN INVESTORS CO INC 5.19% of their portfolio | 110 $83.0m | Unchanged |
| Douglass Winthrop Advisors, LLC 1.39% of their portfolio | 106 $79.9m | Unchanged |
| Vontobel Holding Ltd. 0.24% of their portfolio | 101 $76.2m | Reduced -16 |
| PROFESSIONAL ADVISORY SERVICES INC 0.10% of their portfolio | 100 $754.0k | Unchanged |
| Artemis Wealth Advisors, LLC 0.13% of their portfolio | 100 $754.2k | Unchanged |
| HOLLENCREST CAPITAL MANAGEMENT 2.59% of their portfolio | 95 $71.6m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 95 $71.6m | Added +1 |
| Focus Partners Wealth 0.12% of their portfolio | 95 $71.6m | Added +7 |
| LPL Financial LLC 0.02% of their portfolio | 94 $70.9m | Added +7 |
| CI INVESTMENTS INC. 0.25% of their portfolio | 90 $67.9m | Reduced -13 |
| Bank Pictet & Cie (Europe) AG 1.34% of their portfolio | 89 $67.1m | Unchanged |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 88 $66.4m | Added +2 |
| Rockefeller Capital Management L.P. 0.13% of their portfolio | 87 $65.6m | New |
| Chou Associates Management Inc. 31.22% of their portfolio | 86 $64.9m | Unchanged |
| ACR Alpine Capital Research, LLC 1.10% of their portfolio | 85 $64.1m | Unchanged |
| Capital Research Global Investors 0.01% of their portfolio | 82 $61.8m | Unchanged |
| TIAA TRUST, NATIONAL ASSOCIATION 0.15% of their portfolio | 81 $61.1m | Unchanged |
| CHOREO, LLC 0.79% of their portfolio | 80 $60.3m | Reduced -1 |
| Accredited Investors Inc. 3.32% of their portfolio | 79 $59.6m | Unchanged |
| Cerity Partners LLC 0.10% of their portfolio | 78 $58.8m | Added +2 |
| FLOW TRADERS U.S. LLC 2.36% of their portfolio | 77 $58.1m | Added +65 |