BERKSHIRE HATHAWAY INC DEL BRK.B
CL B NEW · Common Stock · CUSIP 084670702 · ISIN US0846707026
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 ($746.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $340.65. Options: 53 managers hold calls ($6.9bn notional), 58 hold puts ($3.8bn).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3,332 |
| Q4 2022 | 3,557 |
| Q1 2023 | 3,543 |
| Q2 2023 | 3,596 |
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 2022 | 1,484 | 1,403 |
| Q1 2023 | 1,474 | 1,497 |
| Q2 2023 | 1,484 | 1,538 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $4.4bn | $3.2bn | 0.72 |
| Q4 2022 | $5.9bn | $4.2bn | 0.71 |
| Q1 2023 | $5.4bn | $3.8bn | 0.70 |
| Q2 2023 | $6.9bn | $3.8bn | 0.55 |
Biggest buyers
| GATES FOUNDATION TRUST | Added | +5.5m |
| Swiss National Bank | New | +4.7m |
| BARCLAYS PLC | Added | +2.3m |
| TORONTO DOMINION BANK | Added | +1.7m |
| NORGES BANK | Added | +1.4m |
| BANK OF MONTREAL /CAN/ | Added | +840.6k |
| AustralianSuper Pty Ltd | Added | +765.9k |
| VANGUARD GROUP INC | Added | +734.6k |
| NEUBERGER BERMAN GROUP LLC | Added | +712.7k |
| JPMORGAN CHASE & CO | Added | +704.7k |
Biggest sellers
| FMR LLC | Reduced | -11.4m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.7m |
| Capital Research Global Investors | Reduced | -1.7m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.6m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -1.3m |
| HARRIS ASSOCIATES L P | Reduced | -925.9k |
| SWF LLC | Reduced | -817.3k |
| NORTHERN TRUST CORP | Reduced | -757.6k |
| STRS OHIO | Reduced | -732.4k |
| BlackRock Inc. | Reduced | -700.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.4bn4.0m shares |
| CHECK CAPITAL MANAGEMENT INC/CA | Added | $1.3bn3.9m shares |
| CITADEL ADVISORS LLC | Reduced | $960.2m2.8m shares |
| Cresset Asset Management, LLC | New | $924.1m2.7m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $332.7m975.8k shares |
| JANE STREET GROUP, LLC | Added | $279.8m820.4k shares |
| D. E. Shaw & Co., Inc. | Added | $205.9m603.8k shares |
| Twin Tree Management, LP | Added | $205.2m601.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $151.2m443.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $144.4m428.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $818.1m2.4m shares |
| CITADEL ADVISORS LLC | Reduced | $454.5m1.3m shares |
| Twin Tree Management, LP | Reduced | $410.5m1.2m shares |
| BANK OF AMERICA CORP /DE/ | Added | $290.5m851.9k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $270.4m792.9k shares |
| JANE STREET GROUP, LLC | Added | $160.8m471.5k shares |
| CITIGROUP INC | Added | $147.5m432.6k shares |
| WOLVERINE TRADING, LLC | Added | $123.0m365.1k shares |
| UBS Group AG | Reduced | $104.3m305.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $101.0m296.1k 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 |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 9.7% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $2.1m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 1 | $333.3k | — |
| Q3 2022 | 2 | $661.2k | 1 | $1.7m | — |
| Q4 2022 | 0 | — | 1 | $1.3m | — |
| Q1 2023 | 0 | — | 1 | $2.0m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.16% of their portfolio | 143.5m $48.9bn | Added +734.6k |
| BlackRock Inc. 0.97% of their portfolio | 102.9m $35.1bn | Reduced -700.5k |
| STATE STREET CORP 1.22% of their portfolio | 68.0m $23.2bn | Added +9.1k |
| GEODE CAPITAL MANAGEMENT, LLC 1.29% of their portfolio | 32.3m $11.0bn | Added +430.1k |
| GATES FOUNDATION TRUST 20.38% of their portfolio | 25.1m $8.6bn | Added +5.5m |
| MORGAN STANLEY 0.75% of their portfolio | 22.4m $7.6bn | Added +480.0k |
| NORTHERN TRUST CORP 1.06% of their portfolio | 16.1m $5.5bn | Reduced -757.6k |
| Bank of New York Mellon Corp 0.99% of their portfolio | 13.9m $4.7bn | Reduced -15.0k |
| FMR LLC 0.34% of their portfolio | 11.8m $4.0bn | Reduced -11.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.52% of their portfolio | 11.0m $3.7bn | Reduced -92.4k |
| NORGES BANK 0.72% of their portfolio | 10.7m $3.6bn | Added +1.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.94% of their portfolio | 9.7m $3.3bn | Reduced -45.4k |
| BANK OF AMERICA CORP /DE/ 0.39% of their portfolio | 9.6m $3.3bn | Reduced -1.7m |
| JPMORGAN CHASE & CO 0.37% of their portfolio | 9.5m $3.3bn | Added +704.7k |
| ROYAL BANK OF CANADA 0.89% of their portfolio | 9.3m $3.2bn | Added +693.7k |
| GOLDMAN SACHS GROUP INC 0.64% of their portfolio | 7.4m $2.5bn | Added +229.4k |
| Legal & General Group Plc 0.81% of their portfolio | 7.3m $2.5bn | Added +157.7k |
| DIMENSIONAL FUND ADVISORS LP 0.78% of their portfolio | 7.1m $2.4bn | Added +93.1k |
| Nuveen Asset Management, LLC 0.76% of their portfolio | 6.4m $2.2bn | Added +47.2k |
| FLOSSBACH VON STORCH SE 7.97% of their portfolio | 5.8m $2.0bn | Reduced -24.0k |
| BARCLAYS PLC 1.27% of their portfolio | 5.8m $2.0bn | Added +2.3m |
| H&H International Investment, LLC 13.07% of their portfolio | 5.7m $1.9bn | Reduced -22.0k |
| California Public Employees Retirement System 1.55% of their portfolio | 5.3m $1.8bn | Added +109.4k |
| Swiss National Bank 1.09% of their portfolio | 4.7m $1.6bn | New |
| WELLS FARGO & COMPANY/MN 0.44% of their portfolio | 4.4m $1.5bn | Added +58.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.66% of their portfolio | 4.4m $1.4bn | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.59% of their portfolio | 4.3m $1.5bn | Reduced -1.3m |
| NEUBERGER BERMAN GROUP LLC 1.29% of their portfolio | 4.2m $1.4bn | Added +712.7k |
| Invesco Ltd. 0.32% of their portfolio | 3.6m $1.2bn | Reduced -604.0k |
| UBS Group AG 0.51% of their portfolio | 3.4m $1.2bn | Added +257.2k |
| DEUTSCHE BANK AG\ 0.59% of their portfolio | 3.3m $1.1bn | Added +308.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.86% of their portfolio | 3.2m $1.1bn | Reduced -482.6k |
| RHUMBLINE ADVISERS 1.23% of their portfolio | 3.2m $1.1bn | Reduced -36.1k |
| AMERIPRISE FINANCIAL INC 0.34% of their portfolio | 3.2m $1.1bn | Reduced -58.2k |
| Capital Research Global Investors 0.27% of their portfolio | 3.0m $1.0bn | Reduced -1.7m |
| Boston Partners 1.36% of their portfolio | 3.0m $1.0bn | Reduced -194.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.24% of their portfolio | 2.8m $971.0m | Reduced -120.1k |
| Artisan Partners Limited Partnership 1.55% of their portfolio | 2.8m $963.9m | Reduced -24.4k |
| Creative Planning 1.20% of their portfolio | 2.6m $900.3m | Added +15.5k |
| BANK OF MONTREAL /CAN/ 0.32% of their portfolio | 2.5m $870.8m | Added +840.6k |
| TORONTO DOMINION BANK 0.63% of their portfolio | 2.5m $848.9m | Added +1.7m |
| RAYMOND JAMES & ASSOCIATES 0.68% of their portfolio | 2.4m $827.6m | Reduced -19.1k |
| PRUDENTIAL FINANCIAL INC 1.19% of their portfolio | 2.4m $818.3m | Reduced -45.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.13% of their portfolio | 2.4m $802.6m | Reduced -60.2k |
| Assenagon Asset Management S.A. 3.10% of their portfolio | 2.3m $791.7m | Added +247.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.43% of their portfolio | 2.3m $770.4m | Added +267.2k |
| HSBC HOLDINGS PLC 0.82% of their portfolio | 2.2m $767.1m | Added +135.5k |
| HighTower Advisors, LLC 1.49% of their portfolio | 2.2m $758.1m | Added +70.4k |
| FIRST MANHATTAN CO. LLC. 2.62% of their portfolio | 2.1m $714.1m | Reduced -25.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.48% of their portfolio | 2.0m $699.0m | Reduced -74.4k |
| Rothschild & Co Wealth Management UK Ltd 12.54% of their portfolio | 2.0m $695.8m | Added +43.3k |
| Swedbank AB 1.20% of their portfolio | 2.0m $682.1m | Reduced -431.0k |
| Baird Financial Group, Inc. 1.79% of their portfolio | 2.0m $678.6m | Reduced -502.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.52% of their portfolio | 2.0m $673.8m | Reduced -104.9k |
| BROWN BROTHERS HARRIMAN & CO 5.27% of their portfolio | 1.9m $654.7m | Reduced -3.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.43% of their portfolio | 1.9m $642.8m | Reduced -60.5k |
| Amundi 0.33% of their portfolio | 1.9m $643.1m | Reduced -130.9k |
| Corient Private Wealth LP 1.45% of their portfolio | 1.8m $629.4m | Added +196.6k |
| National Pension Service 1.00% of their portfolio | 1.8m $621.7m | Added +40.3k |
| LPL Financial LLC 0.45% of their portfolio | 1.8m $625.0m | Added +102.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.25% of their portfolio | 1.7m $574.4m | Reduced -98.8k |
| LONDON CO OF VIRGINIA 3.17% of their portfolio | 1.6m $560.8m | Reduced -65.3k |
| GARDNER RUSSO & QUINN LLC 5.48% of their portfolio | 1.6m $554.3m | Reduced -16.1k |
| Markel Group Inc. 6.22% of their portfolio | 1.5m $522.4m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 1.05% of their portfolio | 1.5m $515.7m | Added +32.6k |
| Ensign Peak Advisors, Inc 1.04% of their portfolio | 1.5m $511.2m | Reduced -1.8k |
| Chevy Chase Trust Holdings, LLC 1.89% of their portfolio | 1.5m $504.4m | Reduced -13.6k |
| CITIGROUP INC 0.60% of their portfolio | 1.4m $465.6m | Reduced -21.1k |
| CREDIT SUISSE AG/ 0.46% of their portfolio | 1.4m $464.9m | Added +1.9k |
| CHECK CAPITAL MANAGEMENT INC/CA 38.96% of their portfolio | 1.4m $463.8m | Reduced -67 |
| AMERICAN CENTURY COMPANIES INC 0.34% of their portfolio | 1.3m $457.2m | Added +188.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.93% of their portfolio | 1.3m $447.2m | Added +70.8k |
| Raymond James Financial Services Advisors, Inc. 0.78% of their portfolio | 1.3m $444.0m | Added +2.2k |
| CANADA LIFE ASSURANCE Co 0.99% of their portfolio | 1.2m $418.3m | Reduced -68.4k |
| BROWN ADVISORY INC 0.63% of their portfolio | 1.2m $405.9m | Reduced -69.8k |
| OSAIC HOLDINGS, INC. 0.73% of their portfolio | 1.2m $404.5m | Added +12.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.40% of their portfolio | 1.1m $391.3m | Reduced -14.4k |
| Davis Selected Advisers 2.35% of their portfolio | 1.1m $386.5m | Reduced -25.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.17% of their portfolio | 1.1m $383.6m | Added +44.1k |
| FIL Ltd 0.42% of their portfolio | 1.1m $373.3m | Reduced -304.1k |
| PNC Financial Services Group, Inc. 0.32% of their portfolio | 1.1m $372.8m | Reduced -22.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.56% of their portfolio | 1.1m $371.5m | Added +90.8k |
| AustralianSuper Pty Ltd 2.35% of their portfolio | 1.1m $370.3m | Added +765.9k |
| Capital World Investors 0.07% of their portfolio | 1.1m $361.2m | Reduced -15.0k |
| APG Asset Management N.V. 0.64% of their portfolio | 1.0m $319.0m | Added +2.0k |
| Korea Investment CORP 0.98% of their portfolio | 1.0m $347.7m | Reduced -62.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 1.39% of their portfolio | 1.0m $344.5m | Reduced -51.7k |
| TETRAD CORP 81.86% of their portfolio | 1.0m $341.0m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.55% of their portfolio | 993.7k $338.9m | Reduced -1.6m |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.07% of their portfolio | 969.3k $330.5m | Added +133.4k |
| BESSEMER GROUP INC 0.70% of their portfolio | 963.5k $328.6m | Added +14.3k |
| FIDUCIARY MANAGEMENT INC /WI/ 3.25% of their portfolio | 942.7k $321.5m | Reduced -93.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 932.9k $318.1m | Reduced -6.4k |
| J.P. Morgan Private Wealth Advisors LLC 1.63% of their portfolio | 919.0k $313.4m | Reduced -84.1k |
| Mariner, LLC 0.83% of their portfolio | 914.9k $311.9m | Added +20.7k |
| Douglass Winthrop Advisors, LLC 7.40% of their portfolio | 907.9k $309.6m | Reduced -6.2k |
| Himalaya Capital Management LLC 17.09% of their portfolio | 897.7k $306.1m | Unchanged |
| STIFEL FINANCIAL CORP 0.42% of their portfolio | 895.8k $305.5m | Added +16.9k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.34% of their portfolio | 875.4k $298.5m | Reduced -49.0k |
| Findlay Park Partners LLP 3.05% of their portfolio | 871.6k $297.2m | Reduced -303.6k |