13F filer · CIK 1067983 ↗

Berkshire Hathaway

You are looking at Q1 2017. See the latest, Q2 2026 →

Reported value

$161.87B

+9.4% on the quarter before

Positions

46

0 new · 1 sold out

Top 10

81.4%

of the value

Est. gain

+$5.89B

on stocks held all quarter

Est. return

+4.1%

on those stocks since Q4 2016

Filed

May 15, 2017

On SEC EDGAR ↗

Positions as of Mar 31, 2017, 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 Q4 2016. Striped tiles are options.

Kraft Heinz Co18%
Wells Fargo & Co New16%
Apple11%
Coca Cola Co10%
American Express Co7.4%
IBM6.9%
22 others4.0%
Phillips 663.9%
Us Bancorp Del2.7%
Charter Communications Inc N1.9%
Moody's Corporation1.7%
Davita Healthcare Partners I1.6%
Southwest Airls Co1.6%
Delta Air Lines Inc Del1.6%
Goldman Sachs1.6%
American Airls Group Inc1.3%
United Contl Hldgs Inc1.3%
General Mtrs Co1.1%
Bank Of New York Mellon Corp1.0%
0.8%
0.7%
0.6%
0.6%
0.5%
0.5%

Largest buys

Since Q4 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~$10.34BAdded · 4.5% → 11.5%+71,997,454 shares
  2. Bank Of New York Mellon Corp~$535.6MAdded · 0.7% → 1.0%+11,340,090 shares
  3. Southwest Airls Co~$239.5MAdded · 1.5% → 1.6%+4,455,681 shares
  4. American Airls Group Inc~$157.9MAdded · 1.4% → 1.3%+3,734,000 shares
  5. Sirius Xm Hldgs Inc~$29.3MAdded · 0.5% → 0.5%+5,685,412 shares
  6. Liberty Media Corp Delaware~$7.4MAdded · 0.2% → 0.2%+189,000 shares
  7. Liberty Media Corp Delaware~$2.8MAdded · 0.5% → 0.5%+71,000 shares

Largest sells

Since Q4 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. IBM~$2.90BCut · 9.1% → 6.9%−16,670,348 shares
  2. Twenty First Centy Fox Inc~$251.0MSold out · 0.2% → 0.0%−8,951,869 shares
  3. Delta Air Lines Inc Del~$229.8MCut · 2.0% → 1.6%−5,000,000 shares
  4. Wabco Hldgs Inc~$54.0MCut · 0.2% → 0.2%−459,840 shares

Holdings

As of Mar 31, 2017. Changes are in shares against Dec 31, 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 +4.0%18.3%$29.57B+$1.14B
Wells Fargo & Co NewCOM · shares 0% · price +1.0%16.5%$26.70B+$263.8M
AppleCOM · shares +126% · price +24.0%11.5%$18.58B+$1.60B
Coca Cola CoCOM · shares 0% · price +2.4%10.5%$16.98B+$392.0M
American Express CoCOM · shares 0% · price +6.8%7.4%$11.99B+$762.6M
IBMCOM · shares −21% · price +4.9%6.9%$11.24B+$526.2M
Phillips 66COM · shares 0% · price −8.3%3.9%$6.39B−$580.2M
Us Bancorp DelCOM NEW · shares 0% · price +0.3%2.7%$4.38B+$11.1M
Charter Communications Inc NCL A · shares 0% · price +13.7%1.9%$3.09B+$372.1M
Moody's CorporationCOM · shares 0% · price +18.9%1.7%$2.76B+$438.4M
Davita Healthcare Partners ICOM · shares 0% · price +5.9%1.6%$2.62B+$145.4M
Southwest Airls CoCOM · shares +10% · price +7.9%1.6%$2.56B+$169.4M
Delta Air Lines Inc DelCOM NEW · shares −8.3% · price −6.6%1.6%$2.53B−$177.7M
Goldman SachsCOM · shares 0% · price −4.1%1.6%$2.52B−$106.6M
American Airls Group IncCOM · shares +8.2% · price −9.4%1.3%$2.08B−$199.9M
United Contl Hldgs IncCOM · shares 0% · price −3.1%1.3%$2.05B−$64.9M
General Mtrs CoCOM · shares 0% · price +1.5%1.1%$1.77B+$26.0M
Bank Of New York Mellon CorpCOM · shares +52% · price −0.3%0.96%$1.56B−$3.3M
U S G CorpCOM NEW · shares 0% · price +10.1%0.77%$1.24B+$113.9M
Verisign IncCOM · shares 0% · price +14.5%0.70%$1.13B+$143.0M
Visa Inc.COM CL A · shares 0% · price +13.9%0.58%$938.7M+$114.6M
Mosanto Co NewCOM · shares 0% · price +7.6%0.56%$910.3M+$64.3M
Sirius Xm Hldgs IncCOM · shares +3.4% · price +15.7%0.55%$887.5M+$116.6M
Liberty Media Corp DelawareCOM C SIRIUSXM · shares +0.3% · price +14.3%0.53%$865.1M+$108.1M
M & T Bk CorpCOM · shares 0% · price −1.1%0.51%$832.8M−$9.1M
Total · 46 positions100%$161.87B+$5.89B

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 Q4 2016 to Q1 2017: 46 stocks held throughout, up $5.89B (+4.1%).

  1. Apple+$1.60B+24%
  2. Kraft Heinz Co+$1.14B+4%
  3. American Express Co+$762.6M+7%
  4. IBM+$526.2M+5%
  5. Moody's Corporation+$438.4M+19%
  6. United Contl Hldgs Inc−$64.9M−3%
  7. Goldman Sachs−$106.6M−4%
  8. Delta Air Lines Inc Del−$177.7M−7%
  9. American Airls Group Inc−$199.9M−9%
  10. Phillips 66−$580.2M−8%

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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