5 Financial Stocks to Buy Now According to Billionaire Cliff Asness

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1. Berkshire Hathaway Inc. (NYSE:BRK-B)

AQR Capital Management’s Stake Value: $237.4 million

Percentage of AQR Capital Management’s 13F Portfolio: 0.53%

Number of Hedge Fund Holders: 109

Berkshire Hathaway Inc. (NYSE:BRK-B), headquartered in Omaha, Nebraska, is a diversified holding company. Its subsidiaries are involved in manufacturing, retailing, services, energy generation and distribution, insurance, freight rail transportation, and other businesses. With robust business fundamentals, Berkshire Hathaway Inc. (NYSE:BRK-B) is generally regarded as a less risky stock in case the economy slows down.

Given Berkshire Hathaway Inc. (NYSE:BRK-B) accounts for 0.53% of AQR Capital Management’s 13F holdings at the end of Q2, the stock ranks #1 on our list of 5 and 10 Financial Stocks to Buy Now According to Billionaire Cliff Asness.

With 109 hedge funds in our database holding positions at the end of Q2, 2022, Berkshire Hathaway Inc. (NYSE:BRK-B) is also one of the most widely held stocks by hedge funds on our list. Among them, Bill & Melinda Gates Foundation Trust is the biggest stakeholder of Berkshire Hathaway Inc. (NYSE:BRK-B) as of the second quarter of 2022, with more than 34 million shares worth more than $9 billion.

You can also take a look at 10 Best Media Stocks To Buy and 13 Largest Lithium Companies In the World

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