Hedge Funds Love These 5 Value Stocks

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

Number of Hedge Fund Holders: 104

PE Ratio: 8.29

Berkshire Hathaway Inc. (NYSE:BRK-B) is a US-based business conglomerate with holdings in food, retail, energy and transportation. It recently bought a $5.1 billion stake in energy firm Occidental Petroleum (NYSE:OXY), boosting its holdings in the high-flying energy sector.

104 hedge funds held $19.06 billion worth of positions in the company at the end of March, as compared to 108 hedge funds a quarter ago. Bill & Melinda Gates Foundation Trust held 28.68 million shares of Berkshire Hathaway Inc. (NYSE:BRK-B) worth $10.12 billion, making it the firm’s largest shareholder at the end of Q1 2022. The trust has received yearly donations of Berkshire stock from chairman Warren Buffett for many years.

Berkshire Hathaway Inc. (NYSE:BRK-B) disclosed earnings per share of $3.18 for the first quarter, above estimates by $0.31. Revenue stood at $70.8 billion for the quarter, also outperforming consensus figures by $1.66 billion.