# EDGAR Filing Document

**Accession Number:** 0001067983
**File Stem:** 0000950123-23-002585
**Filing Date:** 2023-2
**Character Count:** 21867
**Document Hash:** efa34a823731df32d240db4338f82606
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950123-23-002585.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0000950123-23-002585

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BERKSHIRE HATHAWAY INC
- **CENTRAL INDEX KEY:** 0001067983
- **STANDARD INDUSTRIAL CLASSIFICATION:** FIRE, MARINE & CASUALTY INSURANCE [6331]
- **IRS NUMBER:** 470813844
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04545
- **FILM NUMBER:** 23628350

**BUSINESS ADDRESS:**
- **STREET 1:** 3555 FARNAM STREET
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68131
- **BUSINESS PHONE:** 4023461400

**MAIL ADDRESS:**
- **STREET 1:** 3555 FARNAM STREET
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68131

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NBH INC
- **DATE OF NAME CHANGE:** 19980810

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Berkshire Hathaway Inc<br>**Address:** 3555 Farnam Street<br>Omaha, NE 68131

**Form 13F File Number:** 028-04545

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Marc D. Hamburg<br>**Title:** Senior Vice President<br>**Phone:** 402-346-1400

**Signature, Place, and Date of Signing:**

Marc D. Hamburg  Omaha, NE  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[ ] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[x] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 14

**Form 13F Information Table Entry Total:** 172

**Form 13F Information Table Value Total:** $299007622119

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

|   No. | Name                             | Form 13F File Number   | CRD Number   | SEC File Number   |
|---:|:---|:---|:---|:---|
|     1 | New England Asset Management Inc | 28-5194                |  |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 59096600 | 772000 | SH |  | DFND | 45 | 772000 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 1302218536 | 17011346 | SH |  | DFND | 4811 | 17011346 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 87624642 | 1144672 | SH |  | DFND | 410 | 1144672 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 2581271971 | 33720078 | SH |  | DFND | 411 | 33720078 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 5280342 | 68979 | SH |  | DFND | 414 | 68979 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 330556054 | 13519675 | SH |  | DFND | 4 | 13519675 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 68554744 | 2803875 | SH |  | DFND | 2411 | 2803875 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 103379490 | 4228200 | SH |  | DFND | 45 | 4228200 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 76699650 | 3137000 | SH |  | DFND | 4811 | 3137000 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 118246313 | 4836250 | SH |  | DFND | 410 | 4836250 | 0 | 0 |
| ALLY FINL INC | COM | 02005N100 |  | 31173750 | 1275000 | SH |  | DFND | 411 | 1275000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 704760000 | 8390000 | SH |  | DFND | 4 | 8390000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 191184000 | 2276000 | SH |  | DFND | 4811 | 2276000 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 169903931 | 1149942 | SH |  | DFND | 4 | 1149942 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 124085178 | 839832 | SH |  | DFND | 47 | 839832 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 21899684221 | 148221213 | SH |  | DFND | 411 | 148221213 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 206807596 | 1399713 | SH |  | DFND | 413 | 1399713 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 133289470 | 1025856 | SH |  | DFND | 4 | 692000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 498931200 | 3840000 | SH |  | DFND | 12411 | 3840000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 3156519420 | 24260000 | SH |  | DFND | 2411 | 24260000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 8215023563 | 62206534 | SH |  | DFND | 45 | 62206534 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 353929320 | 2724000 | SH |  | DFND | 46 | 2724000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 8468657967 | 65178619 | SH |  | DFND | 4811 | 65178619 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1578909360 | 12152000 | SH |  | DFND | 459 | 12152000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 6214811760 | 47832000 | SH |  | DFND | 410 | 47832000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 86841985318 | 669429166 | SH |  | DFND | 411 | 669429166 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 352370160 | 2712000 | SH |  | DFND | 412 | 2712000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 490615680 | 3776000 | SH |  | DFND | 414 | 3776000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 129830400 | 3920000 | SH |  | DFND | 4 | 3920000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 394128000 | 11900000 | SH |  | DFND | 12411 | 11900000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 579020400 | 17482500 | SH |  | DFND | 2411 | 17482500 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 4636800000 | 140000000 | SH |  | DFND | 345 | 140000000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 1042551360 | 31478000 | SH |  | DFND | 45 | 31478000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 69552000 | 2100000 | SH |  | DFND | 46 | 2100000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 10326153600 | 311780000 | SH |  | DFND | 4811 | 311780000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 397406880 | 11999000 | SH |  | DFND | 459 | 11999000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 1314036000 | 39675000 | SH |  | DFND | 410 | 39675000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 13313117431 | 401966106 | SH |  | DFND | 411 | 401966106 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 927360000 | 28000000 | SH |  | DFND | 412 | 28000000 | 0 | 0 |
| BANK AMER CORP | COM | 060505104 |  | 324576000 | 9800000 | SH |  | DFND | 414 | 9800000 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 28356320 | 622942 | SH |  | DFND | 4 | 622942 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 36142425 | 793990 | SH |  | DFND | 12411 | 793990 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 81659011 | 1793915 | SH |  | DFND | 2411 | 1793915 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 34276560 | 753000 | SH |  | DFND | 45 | 753000 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 280420680 | 6160384 | SH |  | DFND | 4811 | 6160384 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 146228994 | 3212412 | SH |  | DFND | 459 | 3212412 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 72832000 | 1600000 | SH |  | DFND | 410 | 1600000 | 0 | 0 |
| BANK OF NEW YORK MELLON CORP | COM | 064058100 |  | 461264356 | 10133224 | SH |  | DFND | 411 | 10133224 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 112668480 | 1102000 | SH |  | DFND | 12411 | 1102000 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 16399296 | 160400 | SH |  | DFND | 45 | 160400 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 289185840 | 2828500 | SH |  | DFND | 4811 | 2828500 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 108560170 | 1061817 | SH |  | DFND | 410 | 1061817 | 0 | 0 |
| CELANESE CORP DEL | COM | 150870103 |  | 465955324 | 4557466 | SH |  | DFND | 411 | 4557466 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1298393893 | 3828941 | SH |  | DFND | 4811 | 3828941 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 157412730 | 877000 | SH |  | DFND | 4 | 877000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 277986932 | 1548760 | SH |  | DFND | 12411 | 1548760 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 112988955 | 629500 | SH |  | DFND | 2411 | 629500 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 4443291643 | 24753785 | SH |  | DFND | 45 | 24753785 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 11020686 | 61400 | SH |  | DFND | 46 | 61400 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 11181526989 | 62296100 | SH |  | DFND | 4811 | 62296100 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 513054216 | 2858400 | SH |  | DFND | 459 | 2858400 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 785949556 | 4380101 | SH |  | DFND | 410 | 4380101 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 11417309540 | 63609725 | SH |  | DFND | 411 | 63609725 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 351979890 | 1961000 | SH |  | DFND | 414 | 1961000 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 164863350 | 3645000 | SH |  | DFND | 12411 | 3645000 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1284759281 | 28405025 | SH |  | DFND | 4811 | 28405025 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 257143858 | 5685250 | SH |  | DFND | 459 | 5685250 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 651652220 | 14407522 | SH |  | DFND | 411 | 14407522 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 136277990 | 3013000 | SH |  | DFND | 414 | 3013000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 50888000 | 800000 | SH |  | DFND | 4 | 800000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 23629270 | 371471 | SH |  | DFND | 12411 | 371471 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 5406850 | 85000 | SH |  | DFND | 2411 | 85000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 5106814352 | 80283200 | SH |  | DFND | 45 | 80283200 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 116024640 | 1824000 | SH |  | DFND | 46 | 1824000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 916696432 | 14411200 | SH |  | DFND | 4811 | 14411200 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 953539344 | 14990400 | SH |  | DFND | 410 | 14990400 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 17983992792 | 282722729 | SH |  | DFND | 411 | 282722729 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 225942720 | 3552000 | SH |  | DFND | 412 | 3552000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 61065600 | 960000 | SH |  | DFND | 413 | 960000 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 1312854511 | 17582088 | SH |  | DFND | 4 | 17582088 | 0 | 0 |
| DAVITA INC | COM | 23918K108 |  | 1382401701 | 18513482 | SH |  | DFND | 4811 | 18513482 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 146571150 | 2105000 | SH |  | DFND | 4 | 2105000 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 81181617 | 1165900 | SH |  | DFND | 2411 | 1165900 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 5631674 | 80880 | SH |  | DFND | 459 | 80880 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 66853156 | 960120 | SH |  | DFND | 410 | 960120 | 0 | 0 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 |  | 32593803 | 468100 | SH |  | DFND | 411 | 468100 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 167157160 | 4969000 | SH |  | DFND | 2411 | 4969000 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 837205711 | 24887209 | SH |  | DFND | 4811 | 24887209 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 268157694 | 7971394 | SH |  | DFND | 410 | 7971394 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 409479435 | 12172397 | SH |  | DFND | 411 | 12172397 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 25728263 | 213424 | SH |  | DFND | 12411 | 213424 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 21034649 | 174489 | SH |  | DFND | 2411 | 174489 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 121983098 | 1011888 | SH |  | DFND | 45 | 1011888 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 173510629 | 1439325 | SH |  | DFND | 410 | 1439325 | 0 | 0 |
| GLOBE LIFE INC | COM | 37959E102 |  | 423685151 | 3514601 | SH |  | DFND | 411 | 3514601 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 157189500 | 5850000 | SH |  | DFND | 12411 | 5850000 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 721280815 | 26843350 | SH |  | DFND | 45 | 26843350 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 92540280 | 3444000 | SH |  | DFND | 46 | 3444000 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 748068861 | 27840300 | SH |  | DFND | 4811 | 27840300 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 241856870 | 9001000 | SH |  | DFND | 459 | 9001000 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 843333356 | 31385685 | SH |  | DFND | 411 | 31385685 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 3001379 | 111700 | SH |  | DFND | 414 | 111700 | 0 | 0 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 14862368 | 433558 | SH |  | DFND | 410 | 433558 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 57782215 | 327100 | SH |  | DFND | 4 | 327100 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 13256593441 | 325634818 | SH |  | DFND | 4 | 325634818 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 740344072 | 16607090 | SH |  | DFND | 4 | 16607090 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 34261112 | 768531 | SH |  | DFND | 12411 | 768531 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 239266165 | 5367119 | SH |  | DFND | 2411 | 5367119 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1215128651 | 27257260 | SH |  | DFND | 411 | 27257260 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 |  | 169352079 | 4308117 | SH |  | DFND | 4 | 4308117 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 |  | 516498021 | 13139100 | SH |  | DFND | 4811 | 13139100 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 |  | 36691600 | 933391 | SH |  | DFND | 410 | 933391 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM A SIRIUSXM | 531229409 |  | 71822200 | 1827072 | SH |  | DFND | 411 | 1827072 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 |  | 578275740 | 14778322 | SH |  | DFND | 4 | 14778322 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 |  | 862046930 | 22030333 | SH |  | DFND | 4811 | 22030333 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 |  | 25453282 | 650480 | SH |  | DFND | 410 | 650480 | 0 | 0 |
| LIBERTY MEDIA CORP DELAWARE | COM C SIRIUSXM | 531229607 |  | 224964474 | 5749156 | SH |  | DFND | 411 | 5749156 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM SER C FRMLA | 531229854 |  | 223381719 | 3736730 | SH |  | DFND | 4 | 3736730 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM SER C FRMLA | 531229854 |  | 199952144 | 3344800 | SH |  | DFND | 2411 | 3344800 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM SER C FRMLA | 531229854 |  | 30816650 | 515501 | SH |  | DFND | 4811 | 515501 | 0 | 0 |
| LIBERTY MEDIA CORP DEL | COM SER C FRMLA | 531229854 |  | 7497608 | 125420 | SH |  | DFND | 411 | 125420 | 0 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 159840000 | 2700000 | SH |  | DFND | 4 | 2700000 | 0 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 257218613 | 4344909 | SH |  | DFND | 4811 | 4344909 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 47100268 | 35750 | SH |  | DFND | 2411 | 35750 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 19169480 | 14550 | SH |  | DFND | 45 | 14550 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 106558591 | 80880 | SH |  | DFND | 4811 | 80880 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 238959749 | 181375 | SH |  | DFND | 459 | 181375 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 32055849 | 24331 | SH |  | DFND | 410 | 24331 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 167947038 | 127475 | SH |  | DFND | 411 | 127475 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 4281843 | 3250 | SH |  | DFND | 414 | 3250 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 67004672 | 404911 | SH |  | DFND | 411 | 404911 | 0 | 0 |
| MASTERCARD INC | CL A | 57636Q104 |  | 1386277109 | 3986648 | SH |  | DFND | 4811 | 3986648 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 525168000 | 1400000 | SH |  | DFND | 45 | 1400000 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 305679286 | 814884 | SH |  | DFND | 4811 | 814884 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 240313126 | 640630 | SH |  | DFND | 410 | 640630 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 38523700 | 578000 | SH |  | DFND | 4 | 578000 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 20088502 | 72100 | SH |  | DFND | 12411 | 72100 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 3336175819 | 11973928 | SH |  | DFND | 4811 | 11973928 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 3517229225 | 12623750 | SH |  | DFND | 411 | 12623750 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 12242210434 | 194351650 | SH |  | DFND | 411 | 194351650 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 47802024 | 315400 | SH |  | DFND | 4 | 315400 | 0 | 0 |
| RH | COM | 74967X103 |  | 310741970 | 1163000 | SH |  | DFND | 4 | 1163000 | 0 | 0 |
| RH | COM | 74967X103 |  | 58607058 | 219346 | SH |  | DFND | 2411 | 219346 | 0 | 0 |
| RH | COM | 74967X103 |  | 261219372 | 977654 | SH |  | DFND | 411 | 977654 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 15067742 | 39400 | SH |  | DFND | 4 | 39400 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 879236471 | 6125376 | SH |  | DFND | 45 | 6125376 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 79800000 | 570000 | SH |  | DFND | 4 | 570000 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 654080000 | 4672000 | SH |  | DFND | 411 | 4672000 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 263464202 | 3536907 | SH |  | DFND | 2411 | 3536907 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 354260808 | 4755817 | SH |  | DFND | 45 | 4755817 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 25741893 | 590275 | SH |  | DFND | 4 | 590275 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 265173222 | 6080560 | SH |  | DFND | 4811 | 6080560 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 10326096 | 59400 | SH |  | DFND | 4 | 59400 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 15107620 | 43000 | SH |  | DFND | 4 | 43000 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 1008737518 | 4910132 | SH |  | DFND | 4 | 4910132 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 1624102017 | 7905481 | SH |  | DFND | 4811 | 7905481 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 99364120 | 5886500 | SH |  | DFND | 12411 | 5886500 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 9145584 | 541800 | SH |  | DFND | 45 | 541800 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 313360320 | 18564000 | SH |  | DFND | 4811 | 18564000 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 114378880 | 6776000 | SH |  | DFND | 459 | 6776000 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 390895443 | 23157313 | SH |  | DFND | 410 | 23157313 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 616631532 | 36530304 | SH |  | DFND | 411 | 36530304 | 0 | 0 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 36819871 | 2181272 | SH |  | DFND | 414 | 2181272 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1723880290 | 8297460 | SH |  | DFND | 4811 | 8297460 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 780364000 | 2600000 | SH |  | DFND | 4 | 2600000 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 13147933 | 43806 | SH |  | DFND | 2411 | 43806 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 525903507 | 1752194 | SH |  | DFND | 411 | 1752194 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 435973451 | 107118784 | SH |  | DFND | 45 | 107118784 | 0 | 0 |
| STONECO LTD | COM CL A | G85158106 |  | 100965029 | 10695448 | SH |  | DFND | 411 | 10695448 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 |  | 7572221 | 1005607 | SH |  | DFND | 4 | 1005607 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL A | G9001E102 |  | 12237643 | 1625185 | SH |  | DFND | 4811 | 1625185 | 0 | 0 |
| LIBERTY LATIN AMERICA LTD | COM CL C | G9001E128 |  | 9758552 | 1284020 | SH |  | DFND | 4811 | 1284020 | 0 | 0 |

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