The firm’s Q1 2026 investor letter defends BRK.B’s long-term value despite a 7% YTD decline and S&P 500 underperformance.
Greenskeeper Asset Management reaffirmed Berkshire Hathaway (BRK.B) as a resilient holding in its Q1 2026 investor letter, despite the stock’s 7% year-to-date decline. The firm noted BRK.B underperformed the S&P 500 by 40% over the past year, marking one of its weakest relative periods in recent history.
Berkshire Hathaway closed at $489.25 on June 12, 2026, with a market capitalization of $1.05 trillion. The stock posted a 0.46% one-month return but lost 0.08% over the past 52 weeks. The Middle East conflict contributed to a broader market sell-off, dragging Greenskeeper’s Value Fund to an 8.1% loss for the quarter.
The firm emphasized Berkshire’s diversified business model—spanning insurance, rail, and utilities—as a buffer against AI-driven disruption, countering recent market skepticism highlighted in a Barron’s feature.