Billionaire Ken Fisher Bought These 5 Stocks for the Rest of 2022

3. Berkshire Hathaway Inc Class A (NYSE: BRK.A)

Fisher Investments’ Stake Value: $1.22M

Number of Hedge Fund Holdings: 109

Based in Kiewit Plaza, Omaha, Berkshire Hathaway Inc. is an American multinational conglomerate holding company. Owned by legendary billionaire Warren Buffett, some of the most prominent companies Berkshire Hathaway Inc. owns are Long and Foster, Duracell, and NetJets. As of Q2 2022, hedge fund sentiment around Berkshire Hathaway Inc. has grown more favorable, with 109 hedge funds long the stock in Q2 2022, compared to 104 in the preceding quarter. As of Q2 2022, Bill and Melinda Gates Foundation Trust is the largest shareholder in the company, owning more than 34.7 million shares worth $9.47 billion. Fisher Investments bought a stake in Berkshire Hathaway Inc. in the second quarter of 2022, purchasing 3 shares worth $1.22 million.

Here is what Diamond Hill Capital, an investment management firm, has to say about Berkshire Hathaway Inc. in their Q1 2022 investor letter:

“Diversified holding company Berkshire Hathaway reported strong earnings during the quarter and benefited from continued share repurchases below intrinsic value. The company also announced significant deployments of excess cash during the quarter, including the acquisition of Alleghany and a large increase in its stake in Occidental Petroleum.”