Berkshire owns New England Asset Management (NEAM), a financial institution with $5.9 billion in invested assets, but none of those securities will appear in Berkshire's 13F filings. Instead, NEAM files its own Form 13Fs with the Securities and Exchange Commission. To be perfectly clear, Buffett does not control NEAM's invested assets, at least not directly, but he does run the company that ultimately owns those assets. Read More...
Berkshire owns New England Asset Management (NEAM), a financial institution with $5.9 billion in invested assets, but none of those securities will appear in Berkshire’s 13F filings. Instead, NEAM files its own Form 13Fs with the Securities and Exchange Commission. To be perfectly clear, Buffett does not control NEAM’s invested assets, at least not directly, but he does run the company that ultimately owns those assets.
