Warren Buffett’s Berkshire Hathaway is favorite for hedge funds in 2022

warren buffett
warren buffett

Starting with news “In the second quarter, Quant hedge funds swooped in, purchasing millions of shares of Warren Buffett’s conglomerate from DE Shaw, Renaissance Technologies, and Bridgewater Associates.”

Quant funds dominated the list of Berkshire stockholders who increased their holdings during the quarter, buying shares that were collectively worth more than $900 million at the end of June, according to regulatory documents examined by the Financial Times.

According to Société Générale models, value investing has been a profitable strategy this year as investors have purchased slower-growing but stable companies while interest rates have risen. The largest component of the S&P 500 value index, Berkshire, has dropped 6% in 2022, surpassing the benchmark S&P 500’s 17% slump.

Berkshire has outperformed the broad US stock market in 2022
Berkshire Hathaway 2022 performance outperforming S&P500

In Q2 , year 2022 , 22 hedge funds listed Berkshire as one of their top 10 holdings, while 98 of the money managers Goldman is tracking declared holdings in the business. It stands out on a list of the most well-liked long wagers that is otherwise dominated by internet giants like Meta and Facebook owner Amazon, Microsoft, Apple, and Apple.

Do also check out Warren Buffett’s portfolio for year 2022.