5 Stocks to Buy and Hold According to Bill Gates

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

Number of Hedge Fund Holders: 106 

Berkshire Hathaway Inc. (NYSE:BRK-A) is a conglomerate with interests in insurance, consumer goods, transport, and other businesses. According to the latest 13F data, the fund holds a stake in the firm worth more than $10.5 billion, consisting of 38 million shares. It first bought a stake in the company in the third quarter of 2012.

NuBank, a fintech company based in Brazil and backed by Berkshire Hathaway Inc. (NYSE:BRK-A), is reportedly considering a lower IPO price keeping in mind the global slump in tech stocks. A previous report had valued the firm at over $50 billion. 

At the end of the third quarter of 2021, 06 hedge funds in the database of Insider Monkey held stakes worth $19 billion in Berkshire Hathaway Inc. (NYSE:BRK-A), compared to 116 in the preceding quarter worth $22 billion.

In its Q1 2021 investor letter, Vltava Fund, an asset management firm, highlighted a few stocks and Berkshire Hathaway Inc. (NYSE:BRK-A) was one of them. Here is what the fund said:

“Despite the considerable rise in stock markets over the past year, there are still many attractive opportunities. Human nature also is playing a bit into our hands. Investor crowds often chase popular stocks, hot IPOs, or mysterious SPACs and completely leave aside stocks they consider boring and not sexy enough. A typical example of this category is our long-term largest position in Berkshire Hathaway. Since we bought it for the first time, its price has nearly quadrupled and yet it remains just as undervalued today as it was at that time. Considering the current rate at which it is buying back its own shares and the amount of cash that Berkshire Hathaway has, my greatest wish as a shareholder is for the company’s share price to remain as low as possible for as long as possible.”

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