BERKSHIRE HATHAWAY INC DEL

Ticker: BRK/B CUSIP: 084670702 Class: Common Stock

FARMERS & MERCHANTS INVESTMENTS INC's Holding History (CIK: 0001259969)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 102,852 Value ($000) $51,699 Avg Close $497.53 Range $473.15 - $516.85

Q3 2025

Shares 102,335 Value ($000) $51,448 Avg Close $484.36 Range $455.19 - $507.66

Q2 2025

Shares 100,030 Value ($000) $48,592 Avg Close $507.86 Range $462.10 - $542.07

Q1 2025

Shares 99,890 Value ($000) $53,199 Avg Close $486.15 Range $440.10 - $537.63

Q4 2024

Shares 100,919 Value ($000) $45,745 Avg Close $461.73 Range $437.90 - $491.67

Q3 2024

Shares 102,011 Value ($000) $46,952 Avg Close $442.18 Range $403.82 - $484.82

Q2 2024

Shares 101,765 Value ($000) $41,398 Avg Close $408.62 Range $395.66 - $424.52

Q1 2024

Shares 99,009 Value ($000) $41,635 Avg Close $393.34 Range $355.94 - $430.00

Q4 2023

Shares 101,953 Value ($000) $36,363 Avg Close $350.99 Range $330.58 - $364.05

Q3 2023

Shares 102,378 Value ($000) $35,863 Avg Close $354.77 Range $338.41 - $373.34

Q2 2023

Shares 103,724 Value ($000) $35,370 Avg Close $326.37 Range $307.07 - $342.50

Q1 2023

Shares 102,732 Value ($000) $31,721 Avg Close $308.18 Range $292.42 - $321.32

Q4 2022

Shares 102,879 Value ($000) $31,779 Avg Close $296.98 Range $259.85 - $319.56

Q3 2022

Shares 103,059 Value ($000) $27,519 Avg Close $284.56 Range $261.55 - $308.15

Q2 2022

Shares 103,376 Value ($000) $28,224 Avg Close $313.72 Range $263.68 - $354.58

Q1 2022

Shares 102,820 Value ($000) $36,286 Avg Close $323.46 Range $294.81 - $362.10

Q4 2021

Shares 96,018 Value ($000) $28,709 Avg Close $286.41 Range $272.22 - $301.65

Q3 2021

Shares 96,373 Value ($000) $26,304 Avg Close $280.86 Range $270.73 - $291.82

Q2 2021

Shares 69,053 Value ($000) $19,191 Avg Close $279.44 Range $254.80 - $295.08

Q1 2021

Shares 68,961 Value ($000) $17,617 Avg Close $242.84 Range $226.10 - $267.50

Q4 2020

Shares 68,830 Value ($000) $15,960 Avg Close $220.20 Range $197.81 - $234.99

Q3 2020

Shares 66,994 Value ($000) $14,266 Avg Close $204.56 Range $177.34 - $223.24

Q2 2020

Shares 68,067 Value ($000) $12,151 Avg Close $182.62 Range $167.04 - $203.33

Q1 2020

Shares 68,326 Value ($000) $12,492 Avg Close $212.55 Range $159.50 - $231.61

Q4 2019

Shares 64,825 Value ($000) $14,683 Avg Close $217.17 Range $201.33 - $228.23

Q3 2019

Shares 66,401 Value ($000) $13,813 Avg Close $206.04 Range $195.40 - $216.58

Q2 2019

Shares 65,677 Value ($000) $14,000 Avg Close $206.92 Range $196.89 - $219.16

Q1 2019

Shares 65,886 Value ($000) $13,236 Avg Close $201.85 Range $191.04 - $209.40

Q4 2018

Shares 67,513 Value ($000) $13,785 Avg Close $208.87 Range $186.10 - $224.07

Q3 2018

Shares 67,736 Value ($000) $14,503 Avg Close $205.18 Range $185.72 - $223.00

Q2 2018

Shares 68,385 Value ($000) $12,764 Avg Close $194.92 Range $184.75 - $202.77

Q1 2018

Shares 70,092 Value ($000) $13,982 Avg Close $205.34 Range $189.30 - $217.62

Q4 2017

Shares 71,350 Value ($000) $14,143 Avg Close $189.88 Range $180.44 - $200.50

Q3 2017

Shares 73,968 Value ($000) $13,560 Avg Close $176.72 Range $168.00 - $184.00

Q2 2017

Shares 69,584 Value ($000) $11,785 Avg Close $166.33 Range $160.93 - $171.95

Q1 2017

Shares 65,571 Value ($000) $10,929 Avg Close $167.31 Range $158.61 - $177.86

Q4 2016

Shares 63,992 Value ($000) $10,429 Avg Close $153.96 Range $141.92 - $167.25

Q3 2016

Shares 64,756 Value ($000) $9,355 Avg Close $146.25 Range $140.95 - $151.05

Q2 2016

Shares 59,938 Value ($000) $8,678 Avg Close $142.96 Range $136.65 - $148.03

Q1 2016

Shares 59,879 Value ($000) $8,496 Avg Close $132.58 Range $123.55 - $143.40

Q4 2015

Shares 55,277 Value ($000) $7,299 Avg Close $134.20 Range $127.46 - $138.62

Q3 2015

Shares 56,062 Value ($000) $7,310 Avg Close $137.00 Range $125.50 - $144.69

Q2 2015

Shares 57,347 Value ($000) $7,806 Avg Close $142.63 Range $136.08 - $148.57

Q1 2015

Shares 57,635 Value ($000) $8,318 Avg Close $147.14 Range $142.50 - $151.69

Q4 2014

Shares 57,032 Value ($000) $8,563 Avg Close $144.37 Range $132.03 - $152.94

Q3 2014

Shares 56,894 Value ($000) $7,859 Avg Close $133.21 Range $122.72 - $142.45

Q2 2014

Shares 55,799 Value ($000) $7,062 Avg Close $126.57 Range $121.09 - $129.73

Q1 2014

Shares 59,978 Value ($000) $7,495 Avg Close $116.85 Range $108.12 - $125.91

Q4 2013

Shares 58,575 Value ($000) $6,945 Avg Close $115.63 Range $110.84 - $118.66

Q3 2013

Shares 58,273 Value ($000) $6,615 Avg Close $115.36 Range $110.72 - $119.30

Q2 2013

Shares 57,254 Value ($000) $6,408 Avg Close $110.02 Range $102.69 - $115.98

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	102,852	$51,699	$497.53	$473.15 - $516.85
Q3 2025	102,335	$51,448	$484.36	$455.19 - $507.66
Q2 2025	100,030	$48,592	$507.86	$462.10 - $542.07
Q1 2025	99,890	$53,199	$486.15	$440.10 - $537.63
Q4 2024	100,919	$45,745	$461.73	$437.90 - $491.67
Q3 2024	102,011	$46,952	$442.18	$403.82 - $484.82
Q2 2024	101,765	$41,398	$408.62	$395.66 - $424.52
Q1 2024	99,009	$41,635	$393.34	$355.94 - $430.00
Q4 2023	101,953	$36,363	$350.99	$330.58 - $364.05
Q3 2023	102,378	$35,863	$354.77	$338.41 - $373.34
Q2 2023	103,724	$35,370	$326.37	$307.07 - $342.50
Q1 2023	102,732	$31,721	$308.18	$292.42 - $321.32
Q4 2022	102,879	$31,779	$296.98	$259.85 - $319.56
Q3 2022	103,059	$27,519	$284.56	$261.55 - $308.15
Q2 2022	103,376	$28,224	$313.72	$263.68 - $354.58
Q1 2022	102,820	$36,286	$323.46	$294.81 - $362.10
Q4 2021	96,018	$28,709	$286.41	$272.22 - $301.65
Q3 2021	96,373	$26,304	$280.86	$270.73 - $291.82
Q2 2021	69,053	$19,191	$279.44	$254.80 - $295.08
Q1 2021	68,961	$17,617	$242.84	$226.10 - $267.50
Q4 2020	68,830	$15,960	$220.20	$197.81 - $234.99
Q3 2020	66,994	$14,266	$204.56	$177.34 - $223.24
Q2 2020	68,067	$12,151	$182.62	$167.04 - $203.33
Q1 2020	68,326	$12,492	$212.55	$159.50 - $231.61
Q4 2019	64,825	$14,683	$217.17	$201.33 - $228.23
Q3 2019	66,401	$13,813	$206.04	$195.40 - $216.58
Q2 2019	65,677	$14,000	$206.92	$196.89 - $219.16
Q1 2019	65,886	$13,236	$201.85	$191.04 - $209.40
Q4 2018	67,513	$13,785	$208.87	$186.10 - $224.07
Q3 2018	67,736	$14,503	$205.18	$185.72 - $223.00
Q2 2018	68,385	$12,764	$194.92	$184.75 - $202.77
Q1 2018	70,092	$13,982	$205.34	$189.30 - $217.62
Q4 2017	71,350	$14,143	$189.88	$180.44 - $200.50
Q3 2017	73,968	$13,560	$176.72	$168.00 - $184.00
Q2 2017	69,584	$11,785	$166.33	$160.93 - $171.95
Q1 2017	65,571	$10,929	$167.31	$158.61 - $177.86
Q4 2016	63,992	$10,429	$153.96	$141.92 - $167.25
Q3 2016	64,756	$9,355	$146.25	$140.95 - $151.05
Q2 2016	59,938	$8,678	$142.96	$136.65 - $148.03
Q1 2016	59,879	$8,496	$132.58	$123.55 - $143.40
Q4 2015	55,277	$7,299	$134.20	$127.46 - $138.62
Q3 2015	56,062	$7,310	$137.00	$125.50 - $144.69
Q2 2015	57,347	$7,806	$142.63	$136.08 - $148.57
Q1 2015	57,635	$8,318	$147.14	$142.50 - $151.69
Q4 2014	57,032	$8,563	$144.37	$132.03 - $152.94
Q3 2014	56,894	$7,859	$133.21	$122.72 - $142.45
Q2 2014	55,799	$7,062	$126.57	$121.09 - $129.73
Q1 2014	59,978	$7,495	$116.85	$108.12 - $125.91
Q4 2013	58,575	$6,945	$115.63	$110.84 - $118.66
Q3 2013	58,273	$6,615	$115.36	$110.72 - $119.30
Q2 2013	57,254	$6,408	$110.02	$102.69 - $115.98