Warren Buffett’s Performance in 2021: 5 Best Stock Picks

2. Marsh & McLennan Companies, Inc. (NYSE:MMC)

Number of Hedge Fund Holders: 42  

Gain in 2021: 53%   

Marsh & McLennan Companies, Inc. (NYSE:MMC) operates as a professional services firm. It is the leader in the industry with a market cap of over $81 billion. At the end of the third quarter of 2021, 42 hedge funds in the database of Insider Monkey held stakes worth $1.9 billion in Marsh & McLennan Companies, Inc. (NYSE:MMC), up from 41 in the preceding quarter worth $2.5 billion. 

The strong performance of Marsh & McLennan Companies, Inc. (NYSE:MMC) this year would suggest that it is perhaps the most underrated holding in the Berkshire Hathaway portfolio. Buffett first bought a stake in Marsh & McLennan Companies, Inc. (NYSE:MMC) in the third quarter of 2020, just before the reopening of the economy after the pandemic. He then added to that significantly in the next two quarters before trimming it by close to half in the last few months of 2021. The holding is now worth $415 million.