Warren Buffett's little-noticed Berkshire subsidiary: an eye on stocks

Warren Buffett's little-noticed Berkshire subsidiary: an eye on stocks

How www.finanzen.net reports, the investment company Berkshire Hathaway is well known, but its subsidiary New England Asset Management operates relatively unnoticed as an investor. In the Buffett portfolio of this subsidiary, which has so far received little attention, there are some large holdings in the field of artificial intelligence.

According to a report by www.finanzen.net, analysis of the publicly available Form 13F for the third quarter of 2023 revealed that there are 111 different positions in New England Asset Management's portfolio worth a total of $609.6 million. This subsidiary's largest holdings are in the AI ​​sector. The stake in the investment bank JPMorgan makes up 2.2 percent of the portfolio. The investments in Microsoft and Cisco Systems also make up 2.2 percent of the portfolio. The subsidiary is also invested in Broadcom.

These investments show that Berkshire Hathaway and its subsidiary New England Asset Management play a significant role in the AI ​​market. The investments in companies such as Microsoft and Cisco Systems, which are focusing on the future topic of artificial intelligence, illustrate the ongoing interest in this sector. The resulting impact could impact the AI ​​market, the consumer and the industry, as investments by Berkshire Hathaway and its subsidiary significantly influence the development and growth in this area.