Berkshire Hathaway: Detangling NEAM From Gen Re's Holdings Alters Our First-Quarter 13F Assessment

Having had a chance to sift through the changes in wide-moat-rated Berkshire Hathaway's first-quarter 13F filing now that the company has segregated its holdings at New England Asset Management (a wholly owned subsidiary of the firm's General Re insurance subsidiary) from those that will continue to be managed as separate client holdings (amounting to $645 million at the end of March 2023), we are updating our comments about the company's equity investment portfolio for the most recent quarter.