5 Safest Stocks To Invest In

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

Number of Hedge Fund Holders: 116

Beta Value: 0.86

Berkshire Hathaway Inc. (NYSE:BRK-B) operates as a diverse multinational conglomerate holding company, headquartered in Omaha, Nebraska. Its main revenue streams are centered around the insurance sector. The profits generated from its insurance operations are strategically allocated across a broad spectrum of subsidiaries, equity holdings, and various financial instruments. Notably, the company’s resilience to market fluctuations is attributed to its well-diversified portfolio of businesses and investments spanning various industries.

In the third quarter, data from Insider Monkey’s database revealed that 116 hedge funds held positive positions in Berkshire Hathaway Inc. (NYSE:BRK-B), compared to 109 funds in the previous quarter. The Bill & Melinda Gates Foundation Trust emerged as the largest shareholder in the company, with holdings of 22.52 million shares valued at $7.89 billion.

You can also take a peek at 10 Best Blockchain and Bitcoin ETFs and 10 Small Cap Growth ETFs.

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