5 Large-Cap Stocks to Buy According to Claes Fornell’s CSat Investment

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In this piece, we will take a look at the 5 large-cap stocks to buy according to Claes Fornell’s CSat Investment. If you want a detailed look at Mr. Fornell, his firm, and other large-cap stocks, then head over to 10 Large-Cap Stocks to Buy According to Claes Fornell’s CSat Investment.

5. Berkshire Hathaway Inc. (NYSE:BRK-A)

CSat Investment’s Stake Value: $2.2 million

Percentage of CSat Investment’s 13F Portfolio: 1.88%

Number of Hedge Fund Holders: 106

Market Capitalization as of 12/3/21: $621 billion

Berkshire Hathaway Inc. (NYSE:BRK-A) is the world’s largest financial services firm that has listed its shares on the public market. It also has the most expensive stock in the world, with a price of $420,700 for a share as of December 2. With a portfolio worth $293 billion as of Q3 2021, Berkshire Hathaway Inc. (NYSE:BRK-A) owns several companies and has minority stakes in others.

Mr. Fornell’s investment firm held 8,775 Berkshire Hathaway Inc. (NYSE:BRK-A) shares during Q3 2021, which were worth $2.2 million and represented 1.88% of its portfolio.

Berkshire Hathaway Inc. (NYSE:BRK-A) brought in $10 billion in net earnings for Q3, in a drastic annual drop of more than $20 billion. Its Class A shares earned $6,882 per share during the same quarter. Keefe Bruyette highlighted this in a November 2021 note but kept the company’s price target unchanged at $485,000.

Berkshire Hathaway Inc. (NYSE:BRK-A)’s market value as of Friday, December 3rd, 2021 was $621 billion. Its largest investor by the third quarter was Michael Larson managing the Bill & Melinda Gates Foundation Trust who owned 38 million shares worth $10.5 billion.

In a Q3 2021 investor letter, Black Bear Value partners mentioned Berkshire Hathaway Inc. (NYSE:BRK-A), stating that:

“Please see Q1 letter for our Berkshire on a Napkin investment exercise. We have written on it extensively and will save your eyeballs from extraneous reading. Berkshire is very cheap for owning such high-quality businesses and will continue to grind higher and compound value for us.”


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