BRK.B’s stock appreciation has not been lost on other index methodologies either, as BRK.B weighs in at 6.34% (versus number one component JPM’s 6.40%) in IYF (iShares DJ U.S. Financial Sector, Expense Ratio 0.48%) and is the number five weighted holding in VFH (Vanguard Financials, Expense Ratio 0.23%).
IXG (iShares S&P Global Financial, Expense Ratio 0.49%) has a 3.29% allocation to Berkshire, and the stock is the second largest position in the underlying index behind HSBC Holdings. If BRK.B stock continues its torrid pace, we may soon be calling it the “largest cap” Financials based name not only on a U.S. domestic scale, but globally as well.
Financial Select Sector SPDR
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