# EDGAR Filing Document

**Accession Number:** 0001030979
**File Stem:** 0001413042-26-000134
**Filing Date:** 2026-2
**Character Count:** 42911
**Document Hash:** 55d364b8eb726c106d8164f75df3ab3e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-26-000134.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001413042-26-000134

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BERKSHIRE FUNDS
- **CENTRAL INDEX KEY:** 0001030979

**ORGANIZATION NAME:**
- **EIN:** 770449050
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08043
- **FILM NUMBER:** 26682012

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BERKSHIRE CAPITAL HOLDINGS INC
- **STREET 2:** 475 MILAN DR SUITE 103
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95134-2453
- **BUSINESS PHONE:** 4085260707

**MAIL ADDRESS:**
- **STREET 1:** C/O BERKSHIRE CAPITAL HOLDINGS INC
- **STREET 2:** 475 MILAN DR SUITE 103
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95134

## Series and Classes Contracts Data

### Berkshire Focus Fund (Series ID: S000004886)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000013240 | Berkshire Focus Fund | BFOCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BERKSHIRE FUNDS

- **b. Investment Company Act file number:** 811-08043

- **c. CIK number of Registrant:** 0001030979

- **d. LEI of Registrant:** 549300UZIBGTF9LU9G83

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 475 MILAN DR

  - **City:** SAN JOSE

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 95134

  - **Telephone number:** 408-526-0707

**Item A.2. Information about the Series.**

- **a. Name of Series:** Berkshire Focus Fund

- **b. EDGAR series identifier (if any):** S000004886

- **c. LEI of Series:** 549300BD56ZHV7PSRS31

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $311919894.00

**Total Liabilities:** $10373301.82

**Net Assets:** $301546592.18

**Cash Not Reported:** $351390.76

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013240 | 2.77%                | -5.89%               | -1.39%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7683190.69              | $-190807.75                                |
| Month 2  | $-17661483.14            | $1587014.95                                |
| Month 3  | $15810314.63             | $-21459352.97                              |

### Schedule of Portfolio Investments

| Name                                                      | Title                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NVIDIA Corp.                                              | NVIDIA Corp.                                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    391860 | NS      | $73081890.00  | 24.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Company Ltd.           | Taiwan Semiconductor Manufacturing Company Ltd. - ADR | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    102100 | NS      | $31027169.00  | 10.29%            |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                               | Tesla, Inc.                                           | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     40210 | NS      | $18083241.20  | 6.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc.                                             | Broadcom Inc.                                         | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     46210 | NS      | $15993281.00  | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corporation                                        | Oracle Corporation                                    | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     77100 | NS      | $15027561.00  | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova Inc.                                           | GE Vernova Inc.                                       | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |     22960 | NS      | $15005967.20  | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc                                             | Celestica Inc. (Canada)                               | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |     49790 | NS      | $14718421.90  | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs, Inc.                                         | Astera Labs, Inc.                                     | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |     87930 | NS      | $14628034.80  | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Lab USA, Inc                                       | Rocket Lab Corporation                                | CUSIP: 773122106<br>LEI: 254900B4DEYFZJ980A14 | Long             | EC               | CORP              | US        |    207360 | NS      | $14465433.60  | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies, Inc.                               | Palantir Technologies, Inc. (Class A)                 | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |     74690 | NS      | $13276147.50  | 4.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corporation                                      | AppLovin Corporation (Class A)                        | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |     17030 | NS      | $11475154.60  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| MongoDB, Inc.                                             | MongoDB, Inc. (Class A)                               | CUSIP: 60937P106<br>LEI: 549300TPTG69WKWE1Z37 | Long             | EC               | CORP              | US        |     24890 | NS      | $10446084.10  | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                          | Amazon.com, Inc.                                      | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     40400 | NS      | $9325128.00   | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corporation                               | Applied Digital Corporation                           | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |    371690 | NS      | $9113838.80   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co.                                       | Vertiv Holdings Co. (Class A)                         | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     49840 | NS      | $8074578.40   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit, Inc.                                              | Reddit, Inc. (Class A)                                | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |     32650 | NS      | $7505255.50   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corporation                                      | EchoStar Corporation (Class A)                        | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     56300 | NS      | $6119810.00   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nebius Group N.V.                                         | Nebius Group N.V. (Class A) (Netherlands)             | CUSIP: N97284108<br>LEI: 549300GGZHJ5Q1B18P93 | Long             | EC               | CORP              | NL        |     68140 | NS      | $5703658.70   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreWeave, Inc.                                           | CoreWeave, Inc. (Class A)                             | CUSIP: 218735108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |     77190 | NS      | $5527575.90   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corporation                                        | SiTime Corporation                                    | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8180 | NS      | $2889094.20   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                                        | MercadoLibre, Inc. (Argentina)                        | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |        10 | NS      | $20142.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corporation                                           | KLA Corporation                                       | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |        10 | NS      | $12150.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding N.V.                                         | ASML Holding N.V. - ADR                               | CUSIP: N07059111<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |        10 | NS      | $10698.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                             | Netflix, Inc.                                         | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       100 | NS      | $9376.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.                            | Monolithic Power Systems, Inc.                        | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |        10 | NS      | $9063.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                                          | ServiceNow, Inc.                                      | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |        50 | NS      | $7659.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                                      | Meta Platforms, Inc. (Class A)                        | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |        10 | NS      | $6600.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco QQQ Trust Series 1                                | Invesco QQQ ETF                                       | CUSIP: 46090E103<br>LEI: 549300VY6FEJBCIMET58 | Long             | EC               | RF                | US        |        10 | NS      | $6143.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology S.A.                                   | Spotify Technology S.A. (Luxembourg)                  | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |        10 | NS      | $5807.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                                     | Axon Enterprise, Inc.                                 | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |        10 | NS      | $5679.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                           | Microsoft Corp.                                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |        10 | NS      | $4836.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CrowdStrike Holdings, Inc.                                | CrowdStrike Holdings, Inc. Class A                    | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |        10 | NS      | $4687.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyberark Software Ltd.                                    | Cyberark Software LTD (Israel)                        | CUSIP: M2682V108<br>LEI: 529900YEXNDM894PWS93 | Long             | EC               | CORP              | IL        |        10 | NS      | $4460.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                               | Carvana Co. (Class A)                                 | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |        10 | NS      | $4220.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp.                                        | Talen Energy Corporation                              | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $3748.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc.                                    | Lumentum Holdings Inc.                                | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |        10 | NS      | $3685.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                                  | Palo Alto Networks, Inc.                              | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |        20 | NS      | $3684.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck ETF Trust - VanEck Semiconductor ETF               | VanEck Semiconductor ETF                              | CUSIP: 92189F676<br>LEI: 549300MJTG2N9QRH7I02 | Long             | EC               | RF                | US        |        10 | NS      | $3601.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corporation                          | Constellation Energy Corporation                      | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |        10 | NS      | $3532.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                                     | Eaton Corporation PLC (Ireland)                       | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |        10 | NS      | $3185.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan, Inc.                                               | Argan, Inc.                                           | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |        10 | NS      | $3133.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                            | Alphabet, Inc. (Class A)                              | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |        10 | NS      | $3130.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Company                                  | GE Aerospace                                          | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |        10 | NS      | $3080.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology, Inc.                                   | Micron Technology, Inc.                               | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |        10 | NS      | $2854.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                               | Apple, Inc.                                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |        10 | NS      | $2718.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials, Inc.                                   | Applied Materials, Inc.                               | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |        10 | NS      | $2569.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software, Inc.                       | Take-Two Interactive Software, Inc.                   | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |        10 | NS      | $2560.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp.                                             | Sandisk Corp.                                         | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $2373.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corporation                                         | Ciena Corporation                                     | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |        10 | NS      | $2338.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                                            | DoorDash, Inc. (Class A)                              | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |        10 | NS      | $2264.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global, Inc.                                     | Coinbase Global, Inc. (Class A)                       | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |        10 | NS      | $2261.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler, Inc.                                             | Zscaler, Inc.                                         | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |        10 | NS      | $2249.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake, Inc.                                           | Snowflake, Inc. (Class A)                             | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |        10 | NS      | $2193.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices, Inc.                              | Advanced Micro Devices, Inc.                          | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |        10 | NS      | $2141.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                                          | Cloudflare, Inc. (Class A)                            | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |        10 | NS      | $1971.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                                            | Teradyne, Inc.                                        | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |        10 | NS      | $1935.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp.                                            | Coherent Corp.                                        | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |        10 | NS      | $1845.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corporation                                  | Bloom Energy Corporation (Class A)                    | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |        20 | NS      | $1737.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                    | BWX Technologies, Inc.                                | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |        10 | NS      | $1728.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Digital Corporation                               | Western Digital Corporation                           | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |        10 | NS      | $1722.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                                        | Lam Research Corp.                                    | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |        10 | NS      | $1711.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualcomm Incorporated                                     | Qualcomm Incorporated                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |        10 | NS      | $1710.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                              | Vistra Corp.                                          | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |        10 | NS      | $1613.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify, Inc.                                             | Shopify, Inc. (Class A) (Canada)                      | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |        10 | NS      | $1609.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Micro Strategy Incorporated                               | Strategy Inc. (Class A)                               | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |        10 | NS      | $1519.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Limited                             | Alibaba Group Holding Ltd. - ADR                      | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |        10 | NS      | $1465.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding Ltd                        | Credo Technology Group Holding Ltd (Cayman Islands)   | CUSIP: G25457105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |        10 | NS      | $1438.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog, Inc.                                             | Datadog, Inc. (Class A)                               | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |        10 | NS      | $1359.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                                      | Amphenol Corporation (Class A)                        | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |        10 | NS      | $1351.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                                     | Arista Networks, Inc.                                 | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |        10 | NS      | $1310.30      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd.                                                  | Sea Ltd. - ADR (Class A)                              | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |        10 | NS      | $1275.70      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc.                                    | Dell Technologies, Inc. (Class C)                     | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |        10 | NS      | $1258.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets, Inc.                                   | Robinhood Markets, Inc. (Class A)                     | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |        10 | NS      | $1131.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Arm Holdings PLC                                          | Arm Holdings PLC - ADR                                | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |        10 | NS      | $1093.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku, Inc.                                                | Roku, Inc. (Class A)                                  | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |        10 | NS      | $1084.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                                              | NetApp, Inc.                                          | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |        10 | NS      | $1070.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares Expanded Tech-Software Sector ETF | iShares Expanded Tech-Software Sector ETF             | CUSIP: 464287515<br>LEI: 54930072GM1ADLZJ5373 | Long             | EC               | RF                | US        |        10 | NS      | $1056.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Incorporated                                      | Corning Inc.                                          | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |        10 | NS      | $875.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta, Inc.                                                | Okta, Inc. (Class A)                                  | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |        10 | NS      | $864.70       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Group Ltd.                             | Marvell Technology, Inc.                              | CUSIP: 573874104<br>LEI: 8DF36O58U3QIHUCGZB18 | Long             | EC               | CORP              | US        |        10 | NS      | $849.80       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies, Inc.                                   | Uber Technologies, Inc.                               | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |        10 | NS      | $817.10       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Roblox Corporation                                        | Roblox Corporation (Class A)                          | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $810.30       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc.                                | Circle Internet Group Inc. (Class A)                  | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |        10 | NS      | $793.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Affirm Holdings, Inc.                                     | Affirm Holdings, Inc. (Class A)                       | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $744.30       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc.                                                 | Oklo Inc. (Class A)                                   | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $717.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group, Inc.                                        | Zillow Group, Inc. (Class C)                          | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |        10 | NS      | $682.20       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage, Inc.                                        | Pure Storage, Inc. (Class A)                          | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |        10 | NS      | $670.10       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempus AI, Inc.                                           | Tempus AI, Inc. (Class A)                             | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Long             | EC               | CORP              | US        |        10 | NS      | $590.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Bitcoin Trust                                     | iShares Bitcoin Trust ETF                             | CUSIP: 46438F101<br>LEI: 529900HVFN08L8P4H851 | Long             | EC               | RF                | US        |        10 | NS      | $496.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hut 8 Corp.                                               | Hut 8 Corp.                                           | CUSIP: 44812J104<br>LEI: 98450066FEF9C1D3FC20 | Long             | EC               | CORP              | US        |        10 | NS      | $459.40       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IonQ, Inc.                                                | IonQ, Inc.                                            | CUSIP: 46222L108<br>LEI: 529900RB2VEFGLQS7G28 | Long             | EC               | CORP              | US        |        10 | NS      | $448.70       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Software Inc.                                       | Unity Software Inc.                                   | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |        10 | NS      | $441.70       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Iris Energy Limited                                       | IREN Limited (Australia)                              | CUSIP: Q4982L109<br>LEI: 254900FZF02RB3NNGB71 | Long             | EC               | CORP              | AU        |        10 | NS      | $377.70       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast, Inc.                                               | Toast, Inc. (Class A)                                 | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |        10 | NS      | $355.10       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Micro Computer, Inc.                                | Super Micro Computer, Inc.                            | CUSIP: 86800U104<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |        10 | NS      | $292.70       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BitMine Immersion Technologies, Inc.                      | BitMine Immersion Technologies, Inc.                  | CUSIP: 09175A206<br>LEI: 254900TGJJ1D9JNAQT27 | Long             | EC               | CORP              | US        |        10 | NS      | $271.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies, Inc.                                   | SoFi Technologies, Inc.                               | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |        10 | NS      | $261.80       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| D-Wave Quantum Inc.                                       | D-Wave Quantum Inc.                                   | CUSIP: 26740W109<br>LEI: 5493001U37G4PRD4GW95 | Long             | EC               | CORP              | US        |        10 | NS      | $261.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Ethereum Trust ETF                                | iShares Ethereum Trust ETF                            | CUSIP: 46438R105<br>LEI: 529900M7AJ6IYSU9SP67 | Long             | EC               | RF                | US        |        10 | NS      | $224.30       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rigetti Computing, Inc.                                   | Rigetti Computing, Inc.                               | CUSIP: 76655K103<br>LEI: 52990024JHY459DH8W71 | Long             | EC               | CORP              | US        |        10 | NS      | $221.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive, Inc.                                   | Rivian Automotive, Inc. (Class A)                     | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |        10 | NS      | $197.10       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Companies, Inc.                                    | Rocket Companies, Inc. (Class A)                      | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $193.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO, Inc.                                                 | QXO, Inc.                                             | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $192.90       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rolls-Royce Holdings plc                                  | Rolls-Royce Holdings plc - ADR                        | CUSIP: 775781206<br>LEI: 213800EC7997ZBLZJH69 | Long             | EC               | CORP              | GB        |        10 | NS      | $157.20       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Scientific, Inc.                                     | Core Scientific, Inc.                                 | CUSIP: 21874A106<br>LEI: 549300NY2WTA02KF7L12 | Long             | EC               | CORP              | US        |        10 | NS      | $145.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynamix Corporation                                       | Dynamix Corporation (Class A)                         | CUSIP: G2949D104<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |        10 | NS      | $102.90       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Quantum Computing Inc.                                    | Quantum Computing Inc.                                | CUSIP: 74766W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        10 | NS      | $102.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark, Inc.                                          | CleanSpark, Inc.                                      | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |        10 | NS      | $101.20       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Opendoor Technologies Inc.                                | Opendoor Technologies Inc. (Class A)                  | CUSIP: 683712103<br>LEI: 254900KX11YZ4HV5BQ47 | Long             | EC               | CORP              | US        |        10 | NS      | $58.30        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** BERKSHIRE FUNDS

**Signature:** /s/ Malcolm R. Fobes III

**Name of Signer:** Malcolm R. Fobes III

**Title:** President and Treasurer