BFOCX Performance — Berkshire Focus Fund
Data updated: 2026-08-31
BFOCX returned +64.82% year to date and +83.45% over one year to Jun 2026. Annualised returns are +52.16% over 3 years and +11.79% over 5 years. The fund beat its Technology Equity category average: $100 invested three years ago grew to $352, against $225 for the category, and to $183 over one year, against $146. Volatility over the past three years was 35.53% a year. In the 12 months to Jun 2026 the fund lost a net $37.8M, and assets reached $461.30M.
BFOCX Growth of $100
What $100 invested in Berkshire Focus Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Technology Equity category average over the same months.
| Period | BFOCX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $183 | $146 |
| 3 years (Jul 2023 – Jun 2026) | $352 | $225 |
| 5 years (Jul 2021 – Jun 2026) | $175 | $201 |
| Since data start (Jan 2020 – Jun 2026) | $336 | $342 |
BFOCX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +64.82% |
| 1 year | +83.45% |
| 3 years (annualised) | +52.16% |
| 5 years (annualised) | +11.79% |
BFOCX Annual Returns
Calendar-year total returns of Berkshire Focus Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +64.82% |
| 2025 | +28.68% |
| 2024 | +59.12% |
| 2023 | +50.21% |
| 2022 | −65.07% |
| 2021 | −1.39% |
| 2020 | +92.23% |
BFOCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.6% | −1.3% | +0.8% | +30.3% | +19.0% | +7.5% | — | — | — | — | — | — |
| 2025 | +7.2% | −11.3% | −15.7% | +6.9% | +16.8% | +15.6% | +7.8% | −1.7% | +10.1% | +2.8% | −5.9% | −1.4% |
| 2024 | +0.6% | +15.7% | +5.5% | −8.0% | +4.9% | +8.7% | −6.5% | +2.8% | +6.9% | +2.7% | +19.2% | −1.8% |
| 2023 | +17.8% | −1.0% | +5.0% | −6.6% | +17.6% | +7.1% | +8.2% | −10.4% | −7.9% | −9.5% | +20.6% | +7.1% |
| 2022 | −20.6% | −3.4% | −0.6% | −23.6% | −16.8% | −10.3% | +12.4% | −1.2% | −11.1% | −2.5% | −5.8% | −11.3% |
| 2021 | −1.5% | +4.0% | −9.3% | +2.3% | −3.9% | +9.4% | −4.2% | +4.7% | −4.4% | +15.3% | −2.4% | −8.7% |
| 2020 | +6.8% | −0.1% | −14.7% | +14.7% | +12.6% | +9.8% | +12.1% | +11.7% | −2.6% | −1.8% | +17.5% | +5.9% |
BFOCX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 35.53%
- 3-year Sharpe ratio: 1.34 (vs 4.5% risk-free rate)
- Best month: +30.33% (Apr 2026)
- Worst month: −15.72% (Mar 2025)
BFOCX Fund Flows
Monthly money in and out of Berkshire Focus Fund, from SEC Form N-PORT.
- 12-month net flow: −$37.8M
- 12-month gross sales (incl. reinvestments): $65.4M
- Sales ÷ redemptions: 0.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $9.9M | $9.4M | $442K |
| May 2026 | $9.2M | $6.2M | $3.0M |
| Apr 2026 | $4.3M | $7.6M | −$3.3M |
| Mar 2026 | $2.4M | $7.9M | −$5.6M |
| Feb 2026 | $1.6M | $9.9M | −$8.3M |
| Jan 2026 | $2.6M | $10.2M | −$7.7M |
| Dec 2025 | $4.1M | $6.8M | −$2.7M |
| Nov 2025 | $5.1M | $9.6M | −$4.5M |
| Oct 2025 | $4.8M | $9.9M | −$5.1M |
| Sep 2025 | $7.1M | $11.2M | −$4.0M |
| Aug 2025 | $8.1M | $6.4M | $1.7M |
| Jul 2025 | $6.3M | $8.0M | −$1.7M |
BFOCX Assets Under Management
Net assets of Berkshire Focus Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $461.30M |
| 2026-03-31 | $277.19M |
| 2025-12-31 | $301.55M |
| 2025-09-30 | $329.10M |
| 2025-06-30 | $285.93M |
| 2025-03-31 | $208.63M |
| 2024-12-31 | $276.36M |
| 2024-09-30 | $235.37M |
| 2024-06-30 | $246.82M |
| 2024-03-31 | $250.24M |
| 2023-12-31 | $220.22M |
| 2023-09-30 | $204.08M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.