Cobas AM: Nueva Gestora de Francisco García Paramés

I suspect that Berkshire is building a large position in a public company and they would like to continue to do that before disclosing it," James Shanahan, an Edward Jones analyst who covers Berkshire, told Business Insider.
Berkshire's third-quarter earnings pegged the value of its equity portfolio on September 30 at $245 billion excluding Kraft Heinz, Shanahan pointed out. However, its 13F filing showed only $220 billion in holdings.

Section 13(d) of the 1934 Act and Regulation 13D thereunder require beneficial owners of more than 5% of a class of equity securities of a publicly traded company to file a report with the SEC. For purposes of calculating the percentage of shares held, a fund manager will generally be deemed the beneficial owner of the shares held by its clients, as well as of any shares held in its proprietary account.

Yo entiendo (si alguien sabe del tema que lo confirme o lo desmineta) que con lo de las secret position la SEC le protege de revelarlo frente al 13-F pero no frente al 13-D.

O sea...25 billion / 5% = 500 biillion

Si estoy en lo cierto (que seguramente no) con lo de la no protección frente al 13-D vs 13-F la empresa que tendría que estar comprando tendría que capitalizar cómo mínimo 500 billion para no destaparla frente al 13-D. Empresas por encima de 500 billion hay muy pocas y de la mayoría ya tenía posiciones:

¿Está comprando Microsoft, Alphabet, Facebook...? Facebook ultimamente está muy calentita...

Compró el tercer quarter Burry, si, el mismo de tenía la de GME cómo primera posición y el mismo de la peli The Big Short con las subprime. Pero eso es secundario,,,,Fijense también quién estuvo comprando: Li-Lu. Quizá digan, ¿y quién coño es Li-Lu? Pues este es Li-Lu:

Charlie Munger, Vice-Chairman of Berkshire Hathaway and a long-time partner of the legendary investor Warren Buffett, is one of the investors of his fund, and a "mentor and good friend" (in Li Lu's own words).[15] Li Lu has been known as the man who introduced the Chinese battery and auto maker BYD Company to Charlie Munger and Warren Buffett. He is an informal advisor to BYD. His LL Investment Partners owns about 2.5% of BYD.[16] 
Since 1998 the firm has had a "phenomenal" record, with compound returns of around 30% per year during a period of general stagnation in the market.

Li Lu's investing mantra is "accurate and complete information," including understanding the character of a CEO by visiting his local church and speaking to his neighbors. The firm at one point managed the money of Charlie Munger, Warren Buffett's partner.[17]

Li was rumored to be the front runner to manage a large portion of Berkshire Hathaway's investment portfolio once Warren Buffett steps down. According to The Wall Street Journal, Charlie Munger once said "it is a foregone decision" that Li Lu would be going to be a member of Berkshire's top investors team after Warren Buffett retires. This was also hinted several times in some conversations with Buffett.[19]

https://youtu.be/vqOZLkYFQ0I?t=1140