Subject: Re: brk, disclosure, transparency, not much
Trading is hard. For the past few years I mentioned STEW, because of its huge exposure to brk. After holding that brkb for decades, they sold 1/3 of their Bs early this year. They also sold 1/2 their WMT holdings. brk is up so much, the fund is still very overweight brk at 39 percent. Yep, trading is hard.

Stew Top Holdings As of 07/31/2024 still trading at a 22% discount. No material shareholder friendly moves, this year, yet, like ADX did.


Security Market Value Weight
1 Berkshire Hathaway, Inc. Class A $677,668,733.24 31.90%
2 JPMorgan Chase & Co. $218,758,400.00 10.30%
3 Berkshire Hathaway, Inc. Class B $151,282,500.00 7.12%
4 State Street Institutional U.S. Government Money Market Fund $125,447,778.51 5.91%
5 Yum! Brands, Inc. $113,968,140.00 5.37%
6 Enterprise Products Partners LP $105,339,000.00 4.96%
7 Microsoft Corp. $83,670,000.00 3.94%
8 Evercore, Inc. $75,117,000.00 3.54%
9 Stanley Black & Decker, Inc. $71,821,600.00 3.38%
10 Cohen & Steers Infrastructure, Inc. $66,989,999.51 3.15%