Is Berkshire Hathaway (BRK-A) A Smart Long-Term Buy?

Weitz Investment Management, an investment management firm, published its “Partners III Opportunity Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded here. The Partners III Opportunity Fund’s Institutional Class returned +0.91% in the fourth quarter compared to +11.03% for the S&P 500 and +9.28% for the Russell 3000. For the calendar year, the Partners III Opportunity Fund’s Institutional Class returned +12.45% compared to +28.71% for the S&P 500 and +25.66% for the Russell 3000. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Weitz Investment Management Partners III Opportunity Fund in its Q4 2021 investor letter, mentioned Berkshire Hathaway Inc. (NYSE: BRK-A) and discussed its stance on the firm. Berkshire Hathaway Inc. is a San Francisco, California-based multinational conglomerate company with a $705.0 billion market capitalization. BRK-A delivered a 5.04% return since the beginning of the year, while its 12-month returns are up by 33.57%. The stock closed at $473,364.00 per share on February 4, 2022.

Here is what Weitz Investment Management Partners III Opportunity Fund has to say about Berkshire Hathaway Inc. in its Q4 2021 investor letter:

“Berkshire Hathaway, our largest long equity holding, was the Fund’s second-largest contributor in 2021 and was a top-three contributor in three quarters. Berkshire’s broad collection of businesses continues to benefit from the ongoing economic recovery, while its investment portfolio enjoyed another year of strong gains.”

Our calculations show that Berkshire Hathaway Inc. (NYSE: BRK-A) ranks 14th on our list of the 30 Most Popular Stocks Among Hedge Funds. BRK-A was in 106 hedge fund portfolios at the end of the third quarter of 2021, compared to 116 funds in the previous quarter. Berkshire Hathaway Inc. (NYSE: BRK-A) delivered a 9.07% return in the past 3 months.

In October 2021, we also shared another hedge fund’s views on BRK-A in another article. You can find other letters from hedge funds and prominent investors on our hedge fund investor letters 2021 Q4 page.

Disclosure: None. This article is originally published at Insider Monkey.