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 ($1.0bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $349.91. Options: 56 managers hold calls ($6.4bn notional), 61 hold puts ($3.9bn).
Trends to Q3 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 |
| Q3 2023 | 3,642 |
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 |
| Q3 2023 | 1,593 | 1,440 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $5.9bn | $4.2bn | 0.71 |
| Q1 2023 | $5.4bn | $3.8bn | 0.70 |
| Q2 2023 | $6.9bn | $3.8bn | 0.55 |
| Q3 2023 | $6.4bn | $3.9bn | 0.60 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.5m |
| VANGUARD GROUP INC | Added | +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.3m |
| BlackRock Inc. | Added | +1.1m |
| Granite Bay Wealth Management, LLC | New | +1.1m |
| BARCLAYS PLC | Added | +951.3k |
| Assenagon Asset Management S.A. | Added | +697.7k |
| 1832 Asset Management L.P. | Added | +657.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +634.4k |
| NORTHERN TRUST CORP | Added | +631.7k |
Biggest sellers
| GATES FOUNDATION TRUST | Reduced | -2.6m |
| DEUTSCHE BANK AG\ | Reduced | -1.8m |
| FMR LLC | Reduced | -1.2m |
| STATE STREET CORP | Reduced | -980.6k |
| Capital Research Global Investors | Reduced | -750.6k |
| H&H International Investment, LLC | Reduced | -658.4k |
| AustralianSuper Pty Ltd | Reduced | -592.0k |
| Swiss National Bank | Reduced | -515.9k |
| TORONTO DOMINION BANK | Reduced | -510.8k |
| Legal & General Group Plc | Reduced | -504.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.5bn4.2m shares |
| CHECK CAPITAL MANAGEMENT INC/CA | Added | $1.4bn4.0m shares |
| CITADEL ADVISORS LLC | Added | $1.1bn3.2m shares |
| JANE STREET GROUP, LLC | Added | $336.4m960.4k shares |
| D. E. Shaw & Co., Inc. | Added | $243.8m696.1k shares |
| WOLVERINE TRADING, LLC | Added | $196.7m561.5k shares |
| SIMPLEX TRADING, LLC | Added | $196.4m560.6k shares |
| UBS Group AG | Added | $130.0m371.1k shares |
| Twin Tree Management, LP | Reduced | $128.8m367.6k shares |
| BANK OF AMERICA CORP /DE/ | Added | $125.3m357.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $721.7m2.1m shares |
| CITADEL ADVISORS LLC | Added | $544.6m1.6m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $289.6m826.7k shares |
| JANE STREET GROUP, LLC | Added | $223.6m638.4k shares |
| UBS Group AG | Added | $184.0m525.4k shares |
| CITIGROUP INC | Added | $177.2m505.9k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $162.2m462.9k shares |
| WOLVERINE TRADING, LLC | Added | $151.3m432.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $132.6m378.5k shares |
| SIMPLEX TRADING, LLC | Added | $126.4m360.9k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 1 | $10.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-08 | Jain Ajit Vice Chairman, director · By Jain Foundation Inc. (Non-Profit Corporation) | Sold | $10.2m28.0k 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 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.25% of their portfolio | 144.9m $50.7bn | Added +1.3m |
| BlackRock Inc. 1.05% of their portfolio | 104.0m $36.4bn | Added +1.1m |
| STATE STREET CORP 1.30% of their portfolio | 67.1m $23.5bn | Reduced -980.6k |
| GEODE CAPITAL MANAGEMENT, LLC 1.40% of their portfolio | 33.6m $11.7bn | Added +1.3m |
| MORGAN STANLEY 0.81% of their portfolio | 22.7m $7.9bn | Added +309.4k |
| GATES FOUNDATION TRUST 20.28% of their portfolio | 22.5m $7.9bn | Reduced -2.6m |
| NORTHERN TRUST CORP 1.14% of their portfolio | 16.8m $5.9bn | Added +631.7k |
| Bank of New York Mellon Corp 1.07% of their portfolio | 13.9m $4.9bn | Added +18.0k |
| NORGES BANK 0.78% of their portfolio | 10.9m $3.8bn | Added +266.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.55% of their portfolio | 10.8m $3.8bn | Reduced -178.5k |
| FMR LLC 0.32% of their portfolio | 10.6m $3.7bn | Reduced -1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.00% of their portfolio | 10.0m $3.5bn | Added +305.5k |
| BANK OF AMERICA CORP /DE/ 0.42% of their portfolio | 9.7m $3.4bn | Added +34.4k |
| JPMORGAN CHASE & CO 0.39% of their portfolio | 9.6m $3.4bn | Added +33.7k |
| ROYAL BANK OF CANADA 0.96% of their portfolio | 9.4m $3.3bn | Added +71.3k |
| GOLDMAN SACHS GROUP INC 0.66% of their portfolio | 7.4m $2.6bn | Added +21.1k |
| DIMENSIONAL FUND ADVISORS LP 0.82% of their portfolio | 7.2m $2.5bn | Added +20.3k |
| Legal & General Group Plc 0.83% of their portfolio | 6.8m $2.4bn | Reduced -504.1k |
| BARCLAYS PLC 1.53% of their portfolio | 6.7m $2.3bn | Added +951.3k |
| Nuveen Asset Management, LLC 0.78% of their portfolio | 6.3m $2.2bn | Reduced -64.4k |
| FLOSSBACH VON STORCH SE 8.79% of their portfolio | 5.7m $2.0bn | Reduced -102.2k |
| California Public Employees Retirement System 1.52% of their portfolio | 5.0m $1.8bn | Reduced -261.1k |
| H&H International Investment, LLC 13.21% of their portfolio | 5.0m $1.8bn | Reduced -658.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.75% of their portfolio | 4.8m $1.7bn | Added +371.5k |
| WELLS FARGO & COMPANY/MN 0.51% of their portfolio | 4.6m $1.6bn | Added +205.3k |
| Swiss National Bank 1.15% of their portfolio | 4.2m $1.5bn | Reduced -515.9k |
| ALLIANCEBERNSTEIN L.P. 0.60% of their portfolio | 4.0m $1.4bn | Reduced -261.4k |
| NEUBERGER BERMAN GROUP LLC 1.25% of their portfolio | 3.9m $1.4bn | Reduced -328.8k |
| Invesco Ltd. 0.36% of their portfolio | 3.8m $1.3bn | Added +247.4k |
| UBS Group AG 0.57% of their portfolio | 3.6m $1.3bn | Added +125.8k |
| RHUMBLINE ADVISERS 1.33% of their portfolio | 3.3m $1.1bn | Added +54.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.92% of their portfolio | 3.2m $1.1bn | Reduced -12.7k |
| AMERIPRISE FINANCIAL INC 0.37% of their portfolio | 3.2m $1.1bn | Reduced -15.9k |
| Assenagon Asset Management S.A. 3.70% of their portfolio | 3.0m $1.1bn | Added +697.7k |
| Boston Partners 1.40% of their portfolio | 2.9m $1.0bn | Reduced -59.3k |
| Artisan Partners Limited Partnership 1.66% of their portfolio | 2.8m $977.4m | Reduced -36.6k |
| HSBC HOLDINGS PLC 1.05% of their portfolio | 2.7m $945.6m | Added +447.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.35% of their portfolio | 2.7m $939.8m | Reduced -164.8k |
| Creative Planning 1.23% of their portfolio | 2.6m $922.0m | Reduced -8.1k |
| HighTower Advisors, LLC 1.72% of their portfolio | 2.6m $916.9m | Added +391.5k |
| BANK OF MONTREAL /CAN/ 0.35% of their portfolio | 2.6m $949.5m | Added +19.0k |
| Amundi 0.42% of their portfolio | 2.5m $858.8m | Added +608.2k |
| RAYMOND JAMES & ASSOCIATES 0.72% of their portfolio | 2.4m $854.4m | Added +12.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.17% of their portfolio | 2.4m $849.9m | Added +1.5m |
| PRUDENTIAL FINANCIAL INC 1.31% of their portfolio | 2.4m $834.2m | Reduced -18.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.47% of their portfolio | 2.3m $814.5m | Added +65.8k |
| Capital Research Global Investors 0.21% of their portfolio | 2.2m $780.0m | Reduced -750.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.56% of their portfolio | 2.2m $776.4m | Added +166.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.18% of their portfolio | 2.2m $769.3m | Reduced -157.5k |
| Rothschild & Co Wealth Management UK Ltd 12.85% of their portfolio | 2.1m $729.8m | Added +42.7k |
| FIRST MANHATTAN CO. LLC. 2.66% of their portfolio | 2.1m $719.6m | Reduced -39.8k |
| Baird Financial Group, Inc. 1.93% of their portfolio | 2.0m $706.2m | Added +25.7k |
| Swedbank AB 1.27% of their portfolio | 2.0m $696.4m | Reduced -12.3k |
| TORONTO DOMINION BANK 0.57% of their portfolio | 2.0m $693.7m | Reduced -510.8k |
| LPL Financial LLC 0.48% of their portfolio | 2.0m $683.6m | Added +118.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.64% of their portfolio | 1.9m $678.1m | Reduced -40.4k |
| BROWN BROTHERS HARRIMAN & CO 5.85% of their portfolio | 1.9m $662.8m | Reduced -27.8k |
| National Pension Service 1.08% of their portfolio | 1.9m $672.2m | Added +25.0k |
| Corient Private Wealth LP 1.49% of their portfolio | 1.8m $646.1m | Reduced -1.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.51% of their portfolio | 1.8m $642.0m | Reduced -52.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.32% of their portfolio | 1.7m $583.6m | Reduced -18.6k |
| GARDNER RUSSO & QUINN LLC 6.18% of their portfolio | 1.6m $566.8m | Reduced -7.4k |
| LONDON CO OF VIRGINIA 3.39% of their portfolio | 1.6m $564.4m | Reduced -33.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 1.13% of their portfolio | 1.6m $546.0m | Added +46.4k |
| Markel Group Inc. 6.48% of their portfolio | 1.5m $536.6m | Unchanged |
| DEUTSCHE BANK AG\ 0.34% of their portfolio | 1.5m $520.0m | Reduced -1.8m |
| Chevy Chase Trust Holdings, LLC 2.04% of their portfolio | 1.5m $517.5m | Reduced -1.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.03% of their portfolio | 1.5m $509.2m | Added +142.3k |
| Ensign Peak Advisors, Inc 1.08% of their portfolio | 1.4m $505.6m | Reduced -55.8k |
| OSAIC HOLDINGS, INC. 0.73% of their portfolio | 1.4m $493.7m | Added +223.2k |
| CHECK CAPITAL MANAGEMENT INC/CA 40.56% of their portfolio | 1.4m $481.6m | Added +14.5k |
| CREDIT SUISSE AG/ 0.49% of their portfolio | 1.4m $478.3m | Added +2.2k |
| Raymond James Financial Services Advisors, Inc. 0.82% of their portfolio | 1.3m $454.3m | Reduced -5.4k |
| CANADA LIFE ASSURANCE Co 1.06% of their portfolio | 1.3m $442.1m | Added +41.8k |
| CITIGROUP INC 0.60% of their portfolio | 1.2m $421.9m | Reduced -160.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.19% of their portfolio | 1.2m $416.3m | Added +63.4k |
| BROWN ADVISORY INC 0.68% of their portfolio | 1.2m $416.1m | Reduced -2.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.46% of their portfolio | 1.2m $414.8m | Added +37.5k |
| Davis Selected Advisers 2.45% of their portfolio | 1.1m $390.7m | Reduced -17.9k |
| FIL Ltd 0.46% of their portfolio | 1.1m $390.5m | Added +19.9k |
| AMERICAN CENTURY COMPANIES INC 0.30% of their portfolio | 1.1m $386.5m | Reduced -237.6k |
| PNC Financial Services Group, Inc. 0.32% of their portfolio | 1.1m $379.7m | Reduced -9.4k |
| Granite Bay Wealth Management, LLC 3.75% of their portfolio | 1.1m $382.4m | New |
| Korea Investment CORP 1.10% of their portfolio | 1.1m $374.5m | Added +49.4k |
| NATIONAL BANK OF CANADA /FI/ 0.67% of their portfolio | 1.1m $370.7m | Added +242.1k |
| Capital World Investors 0.07% of their portfolio | 1.1m $369.2m | Reduced -5.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.54% of their portfolio | 1.0m $367.0m | Reduced -41.6k |
| TETRAD CORP 82.03% of their portfolio | 1.0m $350.3m | Unchanged |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.13% of their portfolio | 996.2k $348.9m | Added +26.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 1.46% of their portfolio | 983.9k $344.7m | Added +466.4k |
| 1832 Asset Management L.P. 0.70% of their portfolio | 960.2k $336.3m | Added +657.8k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 1.47% of their portfolio | 937.1k $328.3m | Reduced -73.1k |
| Mariner, LLC 0.87% of their portfolio | 926.5k $324.6m | Added +11.6k |
| APG Asset Management N.V. 0.66% of their portfolio | 923.7k $323.6m | Reduced -97.0k |
| FIDUCIARY MANAGEMENT INC /WI/ 3.23% of their portfolio | 904.8k $317.0m | Reduced -37.9k |
| Douglass Winthrop Advisors, LLC 7.83% of their portfolio | 902.3k $316.1m | Reduced -5.7k |
| Rathbones Group PLC 2.29% of their portfolio | 900.4k $315.4m | Added +155.0k |
| Himalaya Capital Management LLC 17.28% of their portfolio | 897.7k $314.5m | Unchanged |
| STIFEL FINANCIAL CORP 0.44% of their portfolio | 894.1k $313.2m | Reduced -1.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.47% of their portfolio | 872.1k $305.5m | Reduced -121.6k |