Berkshire Hathaway (BRK-B) Stock Returned 11%

Bretton Capital Management, an investment management company, released the “Bretton Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Bretton Fund returned 1.44% in Q4 2025 compared to 2.66% for the S&P 500 Index. In 2025, the Fund returned 11.58% compared to 17.88% for the Index. Although the market fluctuates daily between excitement and concern regarding a potential bubble in artificial intelligence, the firm views the overall market as not in bubble territory at this stage but is modestly elevated. Given the Fund's long-term perspective, it is acceptable to reduce more speculative elements of the AI boom, which might resemble a bubble, even if this leads to a temporary lag during strong market phases. The Fund is focusing on areas of value that will provide good returns over the long term. Please review the Fund’s top five holdings to gain insights into their key selections for 2025.

In its fourth-quarter 2025 investor letter, Bretton Fund highlighted Berkshire Hathaway Inc. (NYSE:BRK-B). Berkshire Hathaway Inc. (NYSE:BRK-B) is a multinational holding company that, through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses. On March 04, 2026, Berkshire Hathaway Inc. (NYSE:BRK-B) stock closed at $487.48 per share. One-month return of Berkshire Hathaway Inc. (NYSE:BRK-B) was -3.26%, and its shares lost 2.08% over the past 52 weeks. Berkshire Hathaway Inc. (NYSE:BRK-B) has a market capitalization of $1.052 trillion.

Bretton Fund stated the following regarding Berkshire Hathaway Inc. (NYSE:BRK-B) in its fourth quarter 2025 investor letter:

"Berkshire Hathaway Inc. (NYSE:BRK-B) saw longtime CEO Warren Buffett step down after a stellar mutli-decade run, and while there’s no replacing Warren Buffett, we like the collection of businesses Berkshire has assembled and the price we’re getting for them. The stock returned 11%."

Berkshire Hathaway Inc. (NYSE:BRK-B) is in 19th position on our list of 40 Most Popular Stocks Among Hedge Funds. According to our database, 133 hedge fund portfolios held Berkshire Hathaway Inc. (NYSE:BRK-B) at the end of the fourth quarter, up from 128 in the previous quarter. While we acknowledge the potential of Berkshire Hathaway Inc. (NYSE:BRK-B) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In addition, please check out our hedge fund investor letters Q4 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.