Why Gabelli Holds Berkshire Hathaway Inc. (BRK.B)
The Gabelli Global Rising Income and Dividend Fund included Berkshire Hathaway Inc. (BRK.B) in its second-quarter 2026 investor letter. This diversified holding company, based in Omaha, Nebraska, owns various subsidiaries across insurance, freight rail transportation, utilities and energy, finance, services, and retail. As of June 30, 2026, BRK.B held approximately 3.1% of the Fund's net assets.
The company's annual compounded return from 1965 through December 31, 2025, was 19.7%. Despite its impressive track record, the Fund did not include BRK.B on its list of the 40 most popular stocks among hedge funds heading into 2026. Instead, the Fund opted for stocks it believed held greater promise for higher returns, such as AI stocks.
Buffett and CEO Greg Abel manage investment and capital allocation decisions at BRK.B from its fortress balance sheet.
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