Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.
Published . Updated .
The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs come down.
Directly affected
- BRK-A Berkshire Hathaway
Named in this report.
Indirectly affected
- SUPX SUPERX AI TECHNOLOGY LTD
GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- ABAT AMERICAN BATTERY TECHNOLOGY
GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- ACM AECOM TECHNOLOGY CORP
GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- AOSL ALPHA & OMEGA SEMICONDUCTOR LT SHS
GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BBAI BIGBEAR AI HLDGS INC
GA selected BBAI as a RELATED security because its canonical security name directly matches this event's themes: ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- CHAT Roundhill Generative AI & Tech
GA selected CHAT as a RELATED security because its canonical security name directly matches this event's themes: ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs come down.
Source: MarketWatch
The price since 6 Oct 2026: SuperX AI Technology (SUPX) versus the S&P 500
Since the first closing price after “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.,” SuperX AI Technology (SUPX) is -2.25%. The S&P 500 fund (SPY) is -1.36% over the same days, a -0.90% difference versus the market.
Official trades in SuperX AI Technology (SUPX) around 6 Oct 2026
- Donald J Trump buy Aecom (ACM) ($1,001 - $15,000). That is 39 days before publication, inside 60 days. The filing is listed beside the story “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway..”
- Donald J Trump sell Aecom (ACM) ($1,001 - $15,000). That is 43 days before publication, inside 60 days. The filing is listed beside the story “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway..”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around SuperX AI Technology (SUPX)
Companies carried with this story
- SUPX SuperX AI Technology
In “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.,” SuperX AI Technology (SUPX) is linked, with no stored direction, medium confidence. Reason on file: GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ABAT American Battery Technology
American Battery Technology (ABAT) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway..” Reason on file: GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ACM Aecom
For “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.,” Aecom (ACM) is linked, with no stored direction, medium confidence. Reason on file: GA selected ACM as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- AOSL Alpha & Omega Semiconductor
For “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.,” Alpha & Omega Semiconductor (AOSL) is linked, with no stored direction, medium confidence. Reason on file: GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BBAI BigBear.ai Holdings
BigBear.ai Holdings (BBAI) is linked, with no stored direction, medium confidence in the 6 Oct 2026 story “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway..” Reason on file: GA selected BBAI as a RELATED security because its canonical security name directly matches this event's themes: ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- CHAT Roundhill Generative AI & Tech
In “Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.,” Roundhill Generative AI & Tech (CHAT) is linked, with no stored direction, medium confidence. Reason on file: GA selected CHAT as a RELATED security because its canonical security name directly matches this event's themes: ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
SuperX AI Technology (SUPX)
“Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.” (6 Oct 2026) reaches SuperX AI Technology (SUPX) through this story.
The link for SuperX AI Technology (SUPX) is this: GA selected SUPX as a RELATED security because its canonical security name directly matches this event's themes: technology, ai. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
American Battery Technology (ABAT) is here too. Its reason reads: GA selected ABAT as a RELATED security because its canonical security name directly matches this event's themes: technology. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the SuperX AI Technology (SUPX) price range
ABAT traded between 1.42 and 2.42 across 20 sessions. The latest close on file is 1.44. ACM traded between 56.41 and 63.73 across 20 sessions. The latest close on file is 57.99. SUPX traded between 6.15 and 7.09 across 10 sessions. The latest close on file is 6.72.
What the saved facts support for SuperX AI Technology (SUPX)
46 out of 100
“Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.