BlackRock Updates Passive Stake in Berkshire Hathaway Class B Stock
Ticker: BRK-A · Form: SC 13G/A · Filed: Feb 5, 2024 · CIK: 1067983
| Field | Detail |
|---|---|
| Company | Berkshire Hathaway INC (BRK-A) |
| Form Type | SC 13G/A |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, amendment, equity-holdings
Related Tickers: BRK.B, BRK.A, BLK
TL;DR
**BlackRock just updated its passive stake in Berkshire Hathaway Class B shares.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on February 5, 2024, indicating its ownership of Class B Common Stock in Berkshire Hathaway Inc. as of December 31, 2023. This filing, Amendment No. 13, updates BlackRock's passive investment position in Warren Buffett's conglomerate. This matters to investors because BlackRock is one of the world's largest asset managers, and changes in its holdings can signal shifts in institutional sentiment or investment strategy regarding Berkshire Hathaway, potentially influencing its stock price.
Why It Matters
This filing shows BlackRock's continued, albeit passive, institutional interest in Berkshire Hathaway, which can provide a baseline for other large investors and potentially influence market perception.
Risk Assessment
Risk Level: low — This is a routine update from a large institutional investor, indicating a passive stake, and does not suggest any immediate risk or significant change in company operations.
Analyst Insight
An investor should note that this is a routine update from a major institutional investor, BlackRock, confirming its passive stake in Berkshire Hathaway. It doesn't signal an active change in strategy or a significant new development, so no immediate action is typically warranted based solely on this filing.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- Berkshire Hathaway Inc. (company) — the issuer of the securities being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 5, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 13 (number) — the specific amendment number of the filing
FAQ
What type of securities does BlackRock Inc. hold in Berkshire Hathaway Inc. according to this filing?
According to the filing, BlackRock Inc. holds 'Class B Common Stock' of Berkshire Hathaway Inc.
What is the CUSIP number associated with the securities reported in this filing?
The CUSIP number for the Class B Common Stock of Berkshire Hathaway Inc. is 084670702.
When was the event date that triggered the requirement for this SC 13G/A filing?
The date of the event which requires the filing of this statement was December 31, 2023.
Which rule under the Securities Exchange Act of 1934 is BlackRock Inc. filing this Schedule 13G/A under?
BlackRock Inc. is filing this Schedule 13G/A under Rule 13d-1(b), as indicated by the 'X' in the appropriate box.
What is the accession number for this specific SC 13G/A filing?
The accession number for this filing is 0001086364-24-006332.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 5, 2024 regarding BERKSHIRE HATHAWAY INC (BRK-A).