# Precision Castparts Corp Master Trust Defined Benefit Plans

Precision Castparts Corp Master Trust Defined Benefit Plans is a Pension Fund based in Lake Oswego, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Lake Oswego, United States
- **Region:** North America
- **Address:** 4650 SW MACADAM AVE STE 300, Lake Oswego, OR, United States
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

The Precision Castparts Corp Master Trust Defined Benefit Plans serves as the defined benefit pension arrangement for employees of Precision Castparts Corp. Berkshire Hathaway acquired the company in 2016, placing the trust under the broader Berkshire pension structure. Public equity positions reported in recent filings include stakes in Sirius XM Holdings, Liberty SiriusXM Group, Liberty Live Group, Ally Financial, United Airlines Holdings, RH, Verisign, Southwest Airlines, and Berkshire Hathaway itself. Private holdings have included an active limited partner interest in Oak Street Real Estate Capital and a prior minority position in STORE Capital. The trust files jointly with other Berkshire-affiliated plans such as the BNSF Master Retirement Trust. Fidelity Investments has served as recordkeeper since at least 2010. BNY Mellon acts as trustee and Ernst & Young as auditor. Steve Blackmore is listed as plan administrator. No additional offices or professional headcount figures appear in available records. The trust operates as one of several Berkshire Hathaway pension entities whose public market activity is coordinated through the same control persons and 13G reporting group.

## Sectors

- Real Estate

## People

- Steve Blackmore — Plan Administrator
- R. Ted Weschler — Investment Manager

## Questions

### Who runs investment decisions at Precision Castparts Corp Master Trust Defined Benefit Plans?

R. Ted Weschler directs pension fund allocations as a Berkshire Hathaway investment manager. Steve Blackmore serves as plan administrator.

### How is the trust related to Berkshire Hathaway?

Berkshire Hathaway owns Precision Castparts Corp and coordinates the trust's public filings through its reporting group alongside other Berkshire pension plans.

### Does the trust participate in fund commitments or only direct deals?

Available records show limited partner commitments to real estate vehicles such as Oak Street Real Estate Capital alongside a portfolio of public equities.

### Which sectors appear in the trust's public holdings?

Holdings concentrate in communications, financials, industrials, consumer discretionary, and technology names that overlap with Berkshire Hathaway positions.

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- [CJ Freshway](https://altss.com/profile/cj-freshway)
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Last updated: 2026-06-03T20:00:00.000Z

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