Key Points Berkshire Hathaway operates a diverse portfolio of businesses, including insurance and transportation, and maintains a substantial cash position. The company is facing a leadership transition as CEO Warren Buffett plans to step down at the end of 2025. Todd Combs and Ted Weschler are slated to take over Berkshire's investment portfolio. 10 stocks we like better than Berkshire Hathaway › Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is synonymous with legendary investor Warren Buffett. B ...

Core Insights - Berkshire Hathaway Inc. has announced a definitive agreement to acquire Occidental's chemical business, OxyChem, for an all-cash transaction value of $9.7 billion, expected to conclude in Q4 2025 [1][2]. Group 1: Acquisition Details - The acquisition involves OxyChem, which manufactures essential commodity chemicals used in water treatment, pharmaceuticals, healthcare, and both commercial and residential development [2]. - OxyChem will become an operating subsidiary within Berkshire Hathaway, enhancing its portfolio of diverse businesses [3]. Group 2: Company Overview - Berkshire Hathaway Inc. is a multinational company engaged in various sectors, including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, services, and retailing [3].

Artisan Partners, an investment management company, released its “Artisan Select Equity Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund’s Investor Class ARTNX, Advisor Class APDNX, and Institutional Class APHNX returned 6.77%, 6.76%, and 6.80%, respectively, in the second quarter, compared to a 10.94% return for the S&P 500 Index. In addition, you can check the top 5 holdings of the strategy to know its best picks in 2025. In its second-quarter 2025 investor ...

Group 1 - Berkshire Hathaway Inc. ended its 17-year stake in BYD, with the investment growing more than 20 times since its entry in 2008 [2] - The management of Berkshire expressed gratitude for the partnership, while BYD's adviser emphasized that the sale was a reflection of Berkshire's disciplined investment approach [2] - TD Cowen reduced its price target on Berkshire Hathaway from $485 to $479, maintaining a 'Hold' rating, indicating cautious sentiment around the stock [3] Group 2 - Berkshire Hathaway operates in various sectors including insurance, freight rail transportation, and utilities [4] - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to Berkshire Hathaway [4]

Fund Performance - Peterson Investment Fund I experienced a decline of 10.1% in Q2 2025, while the S&P 500 gained 10.9% including dividends [1] - Year-to-date, the fund has returned 13.6% net to investors, outperforming the S&P 500's 6.2% return [1] - Since inception nearly 13.75 years ago, the fund has turned a $1 million initial investment into $4.2 million net of fees, representing an annualized return of 10.9% [1] Investment Strategy - The fund's long-term performance is attributed to a disciplined, value-based, and research-driven strategy [1] - Management emphasizes alignment with investor interests as a key component of their approach [1] Company Highlight: Berkshire Hathaway Inc. - Berkshire Hathaway Inc. (NYSE:BRK-B) shares rose by 1.07% over the past month and gained 9.44% over the last 12 months [3] - As of September 22, 2025, Berkshire Hathaway Inc. shares closed at $493.71, with a market capitalization of $1.074 trillion [3] - Warren Buffett announced the natural succession of leadership at the 2025 Annual Meeting, with Vice Chairman Greg Abel taking over day-to-day responsibilities effective January 1, 2026 [4]

Group 1: Market Overview - The US large-cap equity market experienced significant growth in Q2 2025, with the S&P 500® Index increasing by 10.94% [1] - The surge in the equity market was attributed to reduced concerns regarding the potential imposition of harsh tariffs by President Trump, as the administration paused tariff implementation [1] Group 2: Macquarie Core Equity Fund Performance - The Macquarie Core Equity Fund's Institutional Class achieved a return of 11.94% in Q2 2025, outperforming the S&P 500 Index [1] - Sector selection contributed to 80% of the fund's relative performance, while individual security selection accounted for the remaining 20% [1] Group 3: Berkshire Hathaway Inc. Insights - Berkshire Hathaway Inc. (NYSE:BRK-B) was highlighted in the Macquarie Core Equity Fund's investor letter, noting a one-month return of 0.31% and a 52-week gain of 7.73% [2] - As of September 18, 2025, Berkshire Hathaway Inc. shares closed at $490.50, with a market capitalization of $1.059 trillion [2] - The fund expressed concerns regarding Berkshire Hathaway's future leadership following the death of Charlie Munger and Warren Buffett's impending retirement at the end of 2025, indicating a shift in the company's investment profile [3] Group 4: Hedge Fund Interest in Berkshire Hathaway - Berkshire Hathaway Inc. ranked 15th among the 30 Most Popular Stocks Among Hedge Funds, with 133 hedge fund portfolios holding the stock at the end of Q2 2025, up from 125 in the previous quarter [4] - Despite recognizing Berkshire Hathaway's potential, the analysis suggested that certain AI stocks may offer greater upside potential and lower downside risk [4]

Core Viewpoint - Rockland Trust Co has reduced its stake in Berkshire Hathaway, selling 50,487 shares for $25.66 million, which reflects ongoing portfolio rebalancing while Berkshire remains a core holding for many institutional investors [2][7]. Company Overview - Berkshire Hathaway has a market capitalization of $1,033.0 billion and reported a trailing twelve months (TTM) revenue of $383.9 billion and net income of $80.9 billion as of July 10, 2025 [4]. - The company operates as a diversified holding company with substantial operations in insurance, transportation, energy, and manufacturing, serving individuals, corporations, and government entities globally [5]. Financial Metrics - As of June 30, 2025, Berkshire Hathaway's remaining position in Rockland Trust Co's portfolio is valued at $10.8 million, representing 0.5% of the fund's 13F assets [2]. - The stock closed at $478.27 on July 10, 2025, reflecting a 16.5% increase over the past year, with a forward price/earnings ratio of 27.7 and an EV/EBITDA of 9.5 [3][4]. - The five-year revenue compound annual growth rate (CAGR) for Berkshire Hathaway is 7.9% [3]. Leadership Transition - Warren Buffett will step down as CEO at the end of 2025, which has contributed to a nearly 9% decline in shares over the past three months [6]. - Incoming CEO Greg Abel has been instrumental in expanding the company's non-insurance portfolio, particularly in energy and utilities, and Berkshire Hathaway holds nearly $350 billion in cash and short-term investments for future growth opportunities [8]. Investment Outlook - Despite the leadership change, Berkshire Hathaway is expected to maintain its investment philosophies under Greg Abel, suggesting that the stock remains a long-term buy [9].