Top 5 Stock Picks of John D. Gillespie’s Prospector Partners

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

Prospector Partners’ Stake Value: $43,922,000

Percentage of Prospector Partners’ 13F Portfolio: 5.64%

Number of Hedge Fund Holders: 116

Billionaire Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK-A) is the largest holding in John Gillespie’s Q3 portfolio, with Prospector Partners owning 160,920 shares in Berkshire Hathaway Inc. (NYSE:BRK-A), worth $43.92 million, representing 5.64% of the firm’s Q3 portfolio. Berkshire Hathaway Inc. (NYSE:BRK-A) is an American multinational conglomerate holding company that deals in diversified investment, insurance, aerospace, automotive, and real estate sectors, among others. Some of the top wholly owned subsidiaries of Berkshire Hathaway Inc. (NYSE:BRK-A) include Duracell, Helzberg Diamonds, and Dairy Queen, among others. The conglomerate also owns valuable minority holdings in The Kraft Heinz Company (NYSE:KHC), American Express Company (NYSE:AXP), The Coca-Cola Company (NYSE:KO), Apple Inc. (NASDAQ:AAPL), and Bank of America Corporation (NYSE:BAC). 

Berkshire Hathaway Inc. (NYSE:BRK-A) reported Q3 earnings on November 6. EPS in the period totaled $6,882, which is comparable to earnings per share of $18,994 in the same period last year. Berkshire Hathaway Inc. (NYSE:BRK-A)’s revenue for the third quarter equaled $70.58 billion, up 11.99% year-over-year. 

As of the third quarter of 2021, Bill & Melinda Gates Foundation Trust is the leading stakeholder in Berkshire Hathaway Inc. (NYSE:BRK-A), with roughly 38.6 million shares worth $10.55 billion. 

Here is what Black Bear Value Partners has to say about Berkshire Hathaway Inc. (NYSE:BRK-A) in its Q3 2021 investor letter:

“Please see the Q1 letter for our Berkshire on a Napkin investment exercise. We have written on it extensively and will save your eyeballs from extraneous reading. Berkshire is very cheap for owning such high-quality businesses and will continue to grind higher and compound value for us.”

You can also take a look at 10 Stocks to Buy According to Bluegrass Capital Partners and 10 Growth Stocks to Buy According to Jay Chen’s Himension Capital.

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