Reports Q1 revenue $64.6B, consensus $63.66B. Berkshire’s investments include gains of approximately $2.8B in Q1. Approximately $6.6B was used to purchase shares of class A and class B common stock during Q1. On March 31, there were 1,525,655 class A equivalent shares outstanding. At March 31, insurance float was approximately $140B, an increase of approximately $2B since yearend 2020. Approximately 69% of Berkshire’s aggregate fair value was concentrated in four companies: American Express (AXP) – $21.4B; Apple (AAPL) – $110.9B; Bank of America (BAC) – $40.0B and Coca-Cola (KO) – $21.1B.
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