5 Safe Stocks To Invest In For The Long-Term in 2023

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

Number of Hedge Fund Holders: 109

Berkshire Hathaway Inc. (NYSE:BRK-B) functions as a multifaceted multinational conglomerate holding company, headquartered in Omaha, Nebraska. Its primary sources of revenue are concentrated in the insurance sector. The proceeds generated through its insurance operations are intelligently dispersed among a wide array of subsidiaries, equity holdings, and various financial instruments. Particularly noteworthy is the company’s capacity to withstand market fluctuations, attributed to its diversified portfolio of businesses and investments spanning across various industries.

According to Insider Monkey’s database for the second quarter, 109 hedge funds showed bullish sentiments toward Berkshire Hathaway Inc. (NYSE:BRK-B), marking a slight increase from the 108 in the previous quarter. The largest stakeholder of the company is the Bill & Melinda Gates Foundation Trust, possessing an impressive holding of more than 25 million shares valued at approximately $8.5 billion.

Follow Berkshire Hathaway Inc (NYSE:BRK.A)

You can also take a look at 12 Best European ETFs to Buy and 12 Best Streaming and TV Stocks To Buy Now.

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