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 ($1.1bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $531.78. Options: 54 managers hold calls ($11.1bn notional), 62 hold puts ($7.3bn).
Trends to Q1 2025
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 |
| Q4 2023 | 3,914 |
| Q1 2024 | 3,996 |
| Q2 2024 | 4,033 |
| Q3 2024 | 4,107 |
| Q4 2024 | 4,519 |
| Q1 2025 | 4,560 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 1,484 | 1,538 |
| Q3 2023 | 1,593 | 1,440 |
| Q4 2023 | 1,638 | 1,487 |
| Q1 2024 | 1,775 | 1,684 |
| Q2 2024 | 1,857 | 1,543 |
| Q3 2024 | 1,768 | 1,706 |
| Q4 2024 | 1,843 | 1,655 |
| Q1 2025 | 2,065 | 1,908 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $8.5bn | $4.8bn | 0.57 |
| Q3 2024 | $10.6bn | $6.5bn | 0.61 |
| Q4 2024 | $10.4bn | $6.2bn | 0.60 |
| Q1 2025 | $11.1bn | $7.3bn | 0.66 |
Biggest buyers
| FMR LLC | Added | +4.1m |
| VANGUARD GROUP INC | Added | +2.6m |
| JPMORGAN CHASE & CO | Added | +1.7m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.4m |
| BlackRock, Inc. | Added | +1.2m |
| GOLDMAN SACHS GROUP INC | Added | +1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +872.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +788.0k |
| CITIGROUP INC | Added | +783.9k |
| BARCLAYS PLC | Added | +741.4k |
Biggest sellers
| Assenagon Asset Management S.A. | Reduced | -2.6m |
| GATES FOUNDATION TRUST | Reduced | -2.5m |
| MACKENZIE FINANCIAL CORP | Reduced | -1.5m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -1.2m |
| AM INVESTMENT STRATEGIES LLC | Reduced | -1.0m |
| FLOSSBACH VON STORCH SE | Reduced | -902.2k |
| BANK OF NOVA SCOTIA | Reduced | -619.7k |
| Strategic Wealth Investment Group, LLC | Sold out | -582.1k |
| Invesco Ltd. | Reduced | -577.7k |
| Focus Partners Wealth | Reduced | -575.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.5bn4.6m shares |
| CHECK CAPITAL MANAGEMENT INC/CA | Reduced | $1.9bn3.5m shares |
| CITADEL ADVISORS LLC | Reduced | $1.4bn2.6m shares |
| JANE STREET GROUP, LLC | Reduced | $700.8m1.3m shares |
| WOLVERINE TRADING, LLC | Added | $644.4m1.2m shares |
| IMC-Chicago, LLC | Added | $597.7m1.1m shares |
| GOLDMAN SACHS GROUP INC | Added | $563.5m1.1m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $315.6m592.5k shares |
| Walleye Trading LLC | Added | $288.3m541.3k shares |
| D. E. Shaw & Co., Inc. | Reduced | $262.5m492.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.2bn2.3m shares |
| CITADEL ADVISORS LLC | Added | $903.8m1.7m shares |
| IMC-Chicago, LLC | Added | $671.1m1.3m shares |
| Hudson Bay Capital Management LP | Added | $452.7m850.0k shares |
| JANE STREET GROUP, LLC | Added | $353.4m663.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $329.0m617.7k shares |
| UBS Group AG | Reduced | $324.0m608.3k shares |
| SIMPLEX TRADING, LLC | Added | $283.3m531.9k shares |
| Twin Tree Management, LP | Reduced | $248.8m467.2k shares |
| CITIGROUP INC | Reduced | $213.6m401.0k 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 Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 1 | $10.2m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-03 | WITMER MERYL B Director · Held by Spouse | Sold | —2 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, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.45% of their portfolio | 150.6m $80.2bn | Added +2.6m |
| BlackRock, Inc. 1.25% of their portfolio | 111.6m $59.4bn | Added +1.2m |
| STATE STREET CORP 1.59% of their portfolio | 72.2m $38.5bn | Added +564.2k |
| GEODE CAPITAL MANAGEMENT, LLC 1.64% of their portfolio | 39.4m $20.9bn | Added +1.4m |
| MORGAN STANLEY 1.06% of their portfolio | 27.8m $14.8bn | Reduced -266.5k |
| GATES FOUNDATION TRUST 21.88% of their portfolio | 17.2m $9.1bn | Reduced -2.5m |
| JPMORGAN CHASE & CO 0.66% of their portfolio | 16.2m $8.6bn | Added +1.7m |
| NORTHERN TRUST CORP 1.28% of their portfolio | 16.2m $8.6bn | Reduced -269.1k |
| FMR LLC 0.47% of their portfolio | 13.9m $7.4bn | Added +4.1m |
| Bank of New York Mellon Corp 1.29% of their portfolio | 12.2m $6.5bn | Reduced -415.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.73% of their portfolio | 11.1m $5.9bn | Added +788.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.09% of their portfolio | 10.9m $5.8bn | Added +26.1k |
| ROYAL BANK OF CANADA 1.16% of their portfolio | 9.7m $5.2bn | Reduced -78.8k |
| BANK OF AMERICA CORP /DE/ 0.44% of their portfolio | 9.2m $4.9bn | Added +152.9k |
| GOLDMAN SACHS GROUP INC 0.83% of their portfolio | 8.2m $4.4bn | Added +1.1m |
| BARCLAYS PLC 1.90% of their portfolio | 7.9m $4.2bn | Added +741.4k |
| DIMENSIONAL FUND ADVISORS LP 0.97% of their portfolio | 7.3m $3.9bn | Added +28.5k |
| NORGES BANK 0.54% of their portfolio | 7.2m $3.9bn | Added +432.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.97% of their portfolio | 7.1m $3.8bn | Added +872.0k |
| Legal & General Group Plc 0.89% of their portfolio | 6.2m $3.3bn | Reduced -54.2k |
| UBS Group AG 0.71% of their portfolio | 6.0m $3.2bn | Added +511.0k |
| Nuveen, LLC 0.96% of their portfolio | 6.0m $3.2bn | First filing |
| WELLS FARGO & COMPANY/MN 0.66% of their portfolio | 5.1m $2.7bn | Added +143.6k |
| California Public Employees Retirement System 1.78% of their portfolio | 4.8m $2.5bn | Reduced -99.5k |
| Invesco Ltd. 0.47% of their portfolio | 4.7m $2.5bn | Reduced -577.7k |
| Amundi 0.89% of their portfolio | 4.6m $2.4bn | Added +5.5k |
| RAYMOND JAMES FINANCIAL INC 0.78% of their portfolio | 3.9m $2.1bn | Added +11.6k |
| Swiss National Bank 1.41% of their portfolio | 3.8m $2.0bn | Added +9.9k |
| FLOSSBACH VON STORCH SE 8.29% of their portfolio | 3.6m $1.9bn | Reduced -902.2k |
| HSBC HOLDINGS PLC 1.22% of their portfolio | 3.4m $1.8bn | Reduced -117.1k |
| DEUTSCHE BANK AG\ 0.72% of their portfolio | 3.4m $1.8bn | Added +500.1k |
| H&H International Investment, LLC 15.00% of their portfolio | 3.4m $1.8bn | Reduced -239.8k |
| Sumitomo Mitsui Trust Group, Inc. 1.23% of their portfolio | 3.3m $1.7bn | Added +32.4k |
| ALLIANCEBERNSTEIN L.P. 0.62% of their portfolio | 3.2m $1.7bn | Reduced -428.5k |
| RHUMBLINE ADVISERS 1.52% of their portfolio | 3.0m $1.6bn | Added +14.3k |
| LPL Financial LLC 0.61% of their portfolio | 2.9m $1.6bn | Added +268.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.40% of their portfolio | 2.9m $1.5bn | Added +323.4k |
| Creative Planning 1.38% of their portfolio | 2.8m $1.5bn | Added +60.5k |
| BANK OF MONTREAL /CAN/ 0.74% of their portfolio | 2.6m $1.4bn | Reduced -267.2k |
| Artisan Partners Limited Partnership 2.23% of their portfolio | 2.6m $1.4bn | Reduced -52.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.75% of their portfolio | 2.5m $1.3bn | Added +11.9k |
| HighTower Advisors, LLC 1.80% of their portfolio | 2.5m $1.3bn | Added +14.4k |
| NEUBERGER BERMAN GROUP LLC 1.09% of their portfolio | 2.5m $1.3bn | Reduced -32.0k |
| Baird Financial Group, Inc. 2.51% of their portfolio | 2.4m $1.3bn | Added +10.6k |
| National Pension Service 1.22% of their portfolio | 2.4m $1.3bn | Added +98.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.97% of their portfolio | 2.4m $1.3bn | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.24% of their portfolio | 2.4m $1.3bn | Added +716.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.64% of their portfolio | 2.1m $1.1bn | Reduced -174.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.36% of their portfolio | 2.1m $1.1bn | Reduced -8.9k |
| FIRST MANHATTAN CO. LLC. 3.00% of their portfolio | 1.9m $1.0bn | Added +26.5k |
| TETRAD CORP 91.34% of their portfolio | 1.9m $1.0bn | Unchanged |
| AMERIPRISE FINANCIAL INC 0.27% of their portfolio | 1.9m $1.0bn | Added +79.6k |
| Corient Private Wealth LP 1.73% of their portfolio | 1.9m $1.1bn | Reduced -65.4k |
| CITIGROUP INC 0.74% of their portfolio | 1.8m $977.5m | Added +783.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.88% of their portfolio | 1.7m $928.8m | Reduced -225.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.84% of their portfolio | 1.7m $925.1m | Added +880 |
| PRUDENTIAL FINANCIAL INC 1.29% of their portfolio | 1.7m $907.3m | Added +6.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 1.27% of their portfolio | 1.7m $896.8m | Added +107.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.57% of their portfolio | 1.6m $845.5m | Reduced -244.9k |
| NATIONAL BANK OF CANADA /FI/ 0.97% of their portfolio | 1.5m $825.5m | Added +509.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.90% of their portfolio | 1.5m $823.7m | Reduced -72.1k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 3.75% of their portfolio | 1.5m $817.7m | Reduced -33.0k |
| Markel Group Inc. 7.25% of their portfolio | 1.5m $815.9m | Unchanged |
| Assenagon Asset Management S.A. 1.42% of their portfolio | 1.5m $796.2m | Reduced -2.6m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.77% of their portfolio | 1.5m $793.1m | Added +374.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.42% of their portfolio | 1.4m $760.8m | Added +708.2k |
| Chevy Chase Trust Holdings, LLC 2.41% of their portfolio | 1.4m $752.9m | Reduced -14.0k |
| Rothschild & Co Wealth Management UK Ltd 12.52% of their portfolio | 1.4m $743.7m | Reduced -8.3k |
| Caisse de depot et placement du Quebec 1.54% of their portfolio | 1.4m $732.3m | Reduced -52.1k |
| CANADA LIFE ASSURANCE Co 1.26% of their portfolio | 1.3m $712.4m | Reduced -14.1k |
| FRANKLIN RESOURCES INC 0.20% of their portfolio | 1.3m $696.9m | Added +225.7k |
| Capital Research Global Investors 0.15% of their portfolio | 1.3m $694.8m | Reduced -469.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.69% of their portfolio | 1.3m $684.2m | Added +220.4k |
| US BANCORP \DE\ 0.92% of their portfolio | 1.3m $691.4m | Reduced -4.1k |
| BROWN BROTHERS HARRIMAN & CO 4.74% of their portfolio | 1.3m $678.6m | Reduced -84.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.21% of their portfolio | 1.2m $652.8m | Reduced -57.3k |
| LONDON CO OF VIRGINIA 3.72% of their portfolio | 1.2m $652.7m | Reduced -34.0k |
| GARDNER RUSSO & QUINN LLC 7.05% of their portfolio | 1.2m $628.8m | Reduced -106.3k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.19% of their portfolio | 1.2m $624.0m | Added +44.2k |
| FIL Ltd 0.58% of their portfolio | 1.1m $607.7m | Reduced -70.1k |
| BROWN ADVISORY INC 0.85% of their portfolio | 1.1m $594.6m | Reduced -19.0k |
| PNC Financial Services Group, Inc. 0.30% of their portfolio | 1.1m $576.9m | Added +23.0k |
| Mariner, LLC 0.96% of their portfolio | 1.1m $574.0m | Added +25.8k |
| CHECK CAPITAL MANAGEMENT INC/CA 36.77% of their portfolio | 1.1m $565.5m | Reduced -40.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.46% of their portfolio | 1.1m $565.3m | Added +583.4k |
| Korea Investment CORP 1.35% of their portfolio | 1.0m $555.5m | Added +26.1k |
| Rathbones Group PLC 2.67% of their portfolio | 1.0m $552.6m | Added +35.2k |
| AQR CAPITAL MANAGEMENT LLC 0.57% of their portfolio | 1.0m $548.5m | Added +226.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.30% of their portfolio | 1.0m $547.4m | Added +64.7k |
| Ensign Peak Advisors, Inc 1.04% of their portfolio | 1.0m $541.5m | Reduced -31.7k |
| BSN CAPITAL PARTNERS Ltd 25.41% of their portfolio | 1.0m $521.9m | Reduced -380.0k |
| STIFEL FINANCIAL CORP 0.54% of their portfolio | 953.3k $507.7m | Reduced -29.3k |
| Mesirow Financial Investment Management, Inc. 9.73% of their portfolio | 942.7k $502.1m | Reduced -3.5k |
| OSAIC HOLDINGS, INC. 1.11% of their portfolio | 935.9k $498.5m | Added +32.7k |
| DANSKE BANK A/S 1.51% of their portfolio | 926.1k $493.2m | Added +14.5k |
| BESSEMER GROUP INC 0.88% of their portfolio | 917.3k $488.5m | Added +167.7k |
| Himalaya Capital Management LLC 21.61% of their portfolio | 897.7k $478.1m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.94% of their portfolio | 882.7k $470.1m | Reduced -3.5k |
| Douglass Winthrop Advisors, LLC 8.77% of their portfolio | 865.9k $461.1m | Reduced -14.4k |
| AVIVA PLC 1.10% of their portfolio | 852.2k $453.9m | Added +119.6k |