Berkshire Hathaway Inc. (BRK.B): Hedge Funds Cashing Out

BRK-B) and determine whether hedge funds skillfully traded this stock.” data-reactid=”12″>We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Berkshire Hathaway Inc. (NYSE:BRK-B) and determine whether hedge funds skillfully traded this stock.

BRK-B) shareholders have witnessed a decrease in hedge fund interest recently. Nevertheless our calculations also showed that BRK-B ranked #16 among the 30 most popular stocks among hedge funds (click for Q2 rankings and see the video for a quick look at the top 5 stocks). Video: Watch our video about the top 5 most popular hedge fund stocks.” data-reactid=”13″>Berkshire Hathaway Inc. (NYSE:BRK-B) shareholders have witnessed a decrease in hedge fund interest recently. Nevertheless our calculations also showed that BRK-B ranked #16 among the 30 most popular stocks among hedge funds (click for Q2 rankings and see the video for a quick look at the top 5 stocks). Video: Watch our video about the top 5 most popular hedge fund stocks.

see the details here).” data-reactid=”19″>To the average investor there are a multitude of indicators shareholders use to grade stocks. A pair of the most useful indicators are hedge fund and insider trading sentiment. Our experts have shown that, historically, those who follow the best picks of the top hedge fund managers can outpace their index-focused peers by a very impressive amount (see the details here).

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Ric Dillon of Diamond Hill Capital

this under-the-radar stock to identify the next tenbagger. Currently, investors are pessimistic about commercial real estate investments. So, we are checking out this contrarian play to diversify our market exposure. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. With all of this in mind we’re going to take a gander at the latest hedge fund action surrounding Berkshire Hathaway Inc. (NYSE:BRK-B).” data-reactid=”41″>At Insider Monkey we scour multiple sources to uncover the next great investment idea. For example, legal marijuana is one of the fastest growing industries right now, so we are checking out ideas like this under-the-radar stock to identify the next tenbagger. Currently, investors are pessimistic about commercial real estate investments. So, we are checking out this contrarian play to diversify our market exposure. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. With all of this in mind we’re going to take a gander at the latest hedge fund action surrounding Berkshire Hathaway Inc. (NYSE:BRK-B).

What have hedge funds been doing with Berkshire Hathaway Inc. (NYSE:BRK.B)?

Heading into the third quarter of 2020, a total of 107 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -7% from the previous quarter. On the other hand, there were a total of 93 hedge funds with a bullish position in BRK-B a year ago. So, let’s review which hedge funds were among the top holders of the stock and which hedge funds were making big moves.

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Bill & Melinda Gates Foundation Trust held the most valuable stake in Berkshire Hathaway Inc. (NYSE:BRK.B), which was worth $7124.8 million at the end of the third quarter. On the second spot was Eagle Capital Management which amassed $1526.3 million worth of shares. Gardner Russo & Gardner, Diamond Hill Capital, and D E Shaw were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Punch Card Capital allocated the biggest weight to Berkshire Hathaway Inc. (NYSE:BRK.B), around 41.15% of its 13F portfolio. Bill & Melinda Gates Foundation Trust is also relatively very bullish on the stock, dishing out 39.88 percent of its 13F equity portfolio to BRK-B.” data-reactid=”60″>Among these funds, Bill & Melinda Gates Foundation Trust held the most valuable stake in Berkshire Hathaway Inc. (NYSE:BRK.B), which was worth $7124.8 million at the end of the third quarter. On the second spot was Eagle Capital Management which amassed $1526.3 million worth of shares. Gardner Russo & Gardner, Diamond Hill Capital, and D E Shaw were also very fond of the stock, becoming one of the largest hedge fund holders of the company. In terms of the portfolio weights assigned to each position Punch Card Capital allocated the biggest weight to Berkshire Hathaway Inc. (NYSE:BRK.B), around 41.15% of its 13F portfolio. Bill & Melinda Gates Foundation Trust is also relatively very bullish on the stock, dishing out 39.88 percent of its 13F equity portfolio to BRK-B.