5 Best Low Volatility Stocks to Buy According to Hedge Funds

3. Berkshire Hathaway Inc. (NYSE:BRK-B)

5-yr Monthly Beta: 0.89

Number of Hedge Fund Holders: 117

Berkshire Hathaway Inc. (NYSE:BRK-B) is a conglomerate that is involved in operating various kinds of businesses, including insurance, freight rail transportation, and utility. Berkshire Hathaway Inc. (NYSE:BRK-B) has a 5-year monthly beta of 0.89.

According to our database, 117 hedge funds had investments in Berkshire Hathaway Inc. (NYSE:BRK-B) in the fourth quarter of 2023, with positions worth $15.103 billion.

Artisan Select Equity Fund stated the following regarding Berkshire Hathaway Inc. (NYSE:BRK-B) in its fourth quarter 2023 investor letter:

“Our top seven holdings are American Express (the world’s leading premium closed loop credit card network operator), Samsung Electronics (the leading global manufacturer of memory semiconductors), Berkshire Hathaway Inc. (NYSE:BRK-B) (the holding company run by Warren Buffett), Elevance (a leading US health insurer), Danone (global food and nutrition), Heidelberg Materials (global cement and aggregates) and Alphabet (global Internet search)Our top seven are certainly not as dominant or as profitable collectively as their Magnificent Seven counterparts. But they are durable, attractive businesses with good growth prospects. Berkshire has enormous financial firepower that it can deploy to create earnings future earnings streams and cashflow.”