13F filer · CIK 1067983 ↗

Berkshire Hathaway

You are looking at Q4 2016. See the latest, Q2 2026 →

Reported value

$147.99B

+15% on the quarter before

Positions

47

3 new · 6 sold out

Top 10

81.0%

of the value

Est. gain

+$9.06B

on stocks held all quarter

Est. return

+7.3%

on those stocks since Q3 2016

Filed

Feb 14, 2017

On SEC EDGAR ↗

Positions as of Dec 31, 2016, from Berkshire Hathaway's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.

Portfolio at a glance

  • New
  • Added
  • Cut
  • Same
  • Options

Each tile is a position, sized by its share, colored by what the fund did with it since Q3 2016. Striped tiles are options.

Kraft Heinz Co19%
Wells Fargo & Co New18%
Coca Cola Co11%
IBM9.1%
American Express Co7.6%
Phillips 664.7%
Apple4.5%
23 others4.2%
Us Bancorp Del3.0%
Delta Air Lines Inc Del2.0%
Charter Communications Inc N1.8%
Goldman Sachs1.8%
Davita Healthcare Partners I1.7%
Moody's Corporation1.6%
Southwest Airls Co1.5%
American Airls Group Inc1.4%
United Contl Hldgs Inc1.4%
General Mtrs Co1.2%
0.8%
0.7%
0.7%
0.6%
0.6%
0.6%
0.5%

Largest buys

Since Q3 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.

  1. Apple~$4.88BAdded · 1.3% → 4.5%+42,131,950 shares
  2. Delta Air Lines Inc Del~$2.64BAdded · 0.2% → 2.0%+53,692,072 shares
  3. Southwest Airls Co~$2.15BNew · 0.0% → 1.5%+43,203,775 shares
  4. United Contl Hldgs Inc~$1.78BAdded · 0.2% → 1.4%+24,418,340 shares
  5. American Airls Group Inc~$1.11BAdded · 0.6% → 1.4%+23,774,299 shares
  6. Mosanto Co New~$846.1MNew · 0.0% → 0.6%+8,041,784 shares
  7. Sirius Xm Hldgs Inc~$741.5MNew · 0.0% → 0.5%+166,639,941 shares
  8. Bank Of New York Mellon Corp~$25.4MAdded · 0.7% → 0.7%+535,257 shares

Largest sells

Since Q3 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.

  1. Deere & Co~$1.80BSold out · 1.4% → 0.0%−21,085,061 shares
  2. Verizon Communications Inc~$808.2MCut · 0.6% → 0.0%−15,000,000 shares
  3. Wal Mart Stores Inc~$800.3MCut · 0.7% → 0.1%−11,578,061 shares
  4. Kinder Morgan~$462.6MSold out · 0.4% → 0.0%−20,000,000 shares
  5. Liberty Media Corp Delaware~$89.7MSold out · 0.1% → 0.0%−3,189,041 shares
  6. Now Inc~$39.1MSold out · 0.0% → 0.0%−1,825,569 shares
  7. Liberty Media Corp Delaware~$37.1MSold out · 0.0% → 0.0%−1,296,013 shares
  8. Lee Enterprises Inc~$333,000Sold out · 0.0% → 0.0%−88,863 shares

Holdings

As of Dec 31, 2016. Changes are in shares against Sep 30, 2016, so a price move alone never reads as a buy or a sale.

Positions, sorted by share of the portfolio
HoldingValue
Kraft Heinz CoCOM · shares 0% · price −2.4%19.2%$28.43B−$713.1M
Wells Fargo & Co NewCOM · shares 0% · price +24.5%17.9%$26.44B+$5.20B
Coca Cola CoCOM · shares 0% · price −2.0%11.2%$16.58B−$344.0M
IBMCOM · shares 0% · price +4.5%9.1%$13.48B+$580.0M
American Express CoCOM · shares 0% · price +15.7%7.6%$11.23B+$1.52B
Phillips 66COM · shares 0% · price +7.3%4.7%$6.97B+$472.8M
AppleCOM · shares +277% · price +2.5%4.5%$6.64B+$42.2M
Us Bancorp DelCOM NEW · shares 0% · price +19.8%3.0%$4.37B+$721.3M
Delta Air Lines Inc DelCOM NEW · shares +848% · price +25.0%2.0%$2.95B+$62.3M
Charter Communications Inc NCL A · shares 0% · price +6.6%1.8%$2.72B+$169.5M
Goldman SachsCOM · shares 0% · price +48.5%1.8%$2.62B+$856.8M
Davita Healthcare Partners ICOM · shares 0% · price −2.8%1.7%$2.48B−$72.1M
Moody's CorporationCOM · shares 0% · price −12.9%1.6%$2.33B−$345.6M
Southwest Airls CoCOM · shares New1.5%$2.15B—
American Airls Group IncCOM · shares +109% · price +27.5%1.4%$2.13B+$219.4M
United Contl Hldgs IncCOM · shares +539% · price +38.9%1.4%$2.11B+$92.5M
General Mtrs CoCOM · shares 0% · price +9.7%1.2%$1.74B+$153.5M
U S G CorpCOM NEW · shares 0% · price +11.7%0.76%$1.13B+$118.2M
Bank Of New York Mellon CorpCOM · shares +2.5% · price +18.8%0.69%$1.03B+$158.5M
Verisign IncCOM · shares 0% · price −2.8%0.67%$985.3M−$28.1M
Mosanto Co NewCOM · shares New0.57%$846.1M—
M & T Bk CorpCOM · shares 0% · price +34.7%0.57%$841.9M+$217.1M
Visa Inc.COM CL A · shares 0% · price −5.7%0.56%$824.1M−$49.4M
Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price +1.5%0.51%$754.2M+$11.3M
Sirius Xm Hldgs IncCOM · shares New0.50%$741.5M—
Total · 47 positions100%$147.99B+$9.06B

Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.

What made money

From Q3 2016 to Q4 2016: 44 stocks held throughout, up $9.06B (+7.3%).

  1. Wells Fargo & Co New+$5.20B+24%
  2. American Express Co+$1.52B+16%
  3. Goldman Sachs+$856.8M+48%
  4. Us Bancorp Del+$721.3M+20%
  5. IBM+$580.0M+4%
  6. Davita Healthcare Partners I−$72.1M−3%
  7. Liberty Global Plc−$72.4M−11%
  8. Coca Cola Co−$344.0M−2%
  9. Moody's Corporation−$345.6M−13%
  10. Kraft Heinz Co−$713.1M−2%

Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.

Reported value by quarter

The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.

$400.00B$200.00B$0
Q1 2016Q2 2026
Every quarter's filing
Each quarter's 13F filing, newest first
QuarterReported valueFiling
Q2 2026$299.25B+14%SEC ↗
Q1 2026$263.10B−4%SEC ↗
Q4 2025$274.16B+3%SEC ↗
Q3 2025$267.33B+4%SEC ↗
Q2 2025$257.52B−1%SEC ↗
Q1 2025$259.81B−3%SEC ↗
Q4 2024$267.18B+0%SEC ↗
Q3 2024$266.38B−5%SEC ↗
Q2 2024$279.97B−16%SEC ↗
Q1 2024$331.68B−6%SEC ↗
Q4 2023$351.90B+12%SEC ↗
Q3 2023$313.26B−10%SEC ↗
Q2 2023$348.19B+7%SEC ↗
Q1 2023$325.11B+9%SEC ↗
Q4 2022$299.01B+1%SEC ↗
Q3 2022$296.10B−1%SEC ↗
Q2 2022$300.13B−17%SEC ↗
Q1 2022$363.55B+10%SEC ↗
Q4 2021$330.95B+13%SEC ↗
Q3 2021$293.45B+0%SEC ↗
Q2 2021$293.02B+8%SEC ↗
Q1 2021$270.44B+0%SEC ↗
Q4 2020$269.93B+14%SEC ↗
Q3 2020$235.94B+17%SEC ↗
Q2 2020$202.41B+15%SEC ↗
Q1 2020$175.53B−27%SEC ↗
Q4 2019$242.05B+13%SEC ↗
Q3 2019$214.67B+3%SEC ↗
Q2 2019$208.10B+4%SEC ↗
Q1 2019$199.48B+9%SEC ↗
Q4 2018$183.07B−17%SEC ↗
Q3 2018$221.02B+13%SEC ↗
Q2 2018$195.62B+4%SEC ↗
Q1 2018$188.94B−1%SEC ↗
Q4 2017$191.24B+8%SEC ↗
Q3 2017$177.68B+10%SEC ↗
Q2 2017$162.14B+0%SEC ↗
Q1 2017$161.87B+9%SEC ↗
Q4 2016$147.99B+15%SEC ↗
Q3 2016$128.79B−1%SEC ↗
Q2 2016$129.70B+1%SEC ↗
Q1 2016$128.57BSEC ↗

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