Berkshire Hathaway: Q3 Operating Profit at $12.71 Billion, 65% Equity Investments Concentrated in Five Companies BlockBeats reported on November 7th that Berkshire Hathaway's third-quarter operating profit was $12.71 billion, a 5.8% decrease year-over-year; net income attributable to shareholders was $22.112 billion, compared to $30.796 billion in the same period last year; net earnings per Class A equivalent common share were $15,502; net investment income was $9.407 billion, compared to $17.311 billion in the same period last year. As of September 30th, the company's cash holdings in the third quarter were $356.9 billion; cash reserves increased from the previous quarter to $377.4 billion, a new record high. The company repurchased $9.6 billion worth of shares in the third quarter. In addition, Berkshire Hathaway stated that as of September 30, 65% of the company's total fair value of equity investments were concentrated in Alphabet, American Express, Apple, Bank of America, and Coca-Cola.