13F filer · CIK 1067983 ↗

Berkshire Hathaway

You are looking at Q3 2017. See the latest, Q2 2026 →

Reported value

$177.68B

+9.6% on the quarter before

Positions

47

1 new · 1 sold out

Top 10

79.5%

of the value

Est. gain

+$686.2M

on stocks held all quarter

Est. return

+0.4%

on those stocks since Q2 2017

Filed

Nov 14, 2017

On SEC EDGAR ↗

Positions as of Sep 30, 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 Q2 2017. Striped tiles are options.

Wells Fargo & Co New14%
Kraft Heinz Co14%
Apple12%
Coca Cola Co10%
Bank Amer Corp9.7%
American Express Co7.7%
23 others4.6%
Phillips 664.2%
IBM3.0%
Us Bancorp Del2.6%
Moody's Corporation1.9%
Charter Communications Inc N1.7%
Southwest Airls Co1.5%
Bank Of New York Mellon Corp1.5%
Goldman Sachs1.5%
Delta Air Lines Inc Del1.4%
General Mtrs Co1.4%
Davita Healthcare Partners I1.3%
American Airls Group Inc1.3%
United Contl Hldgs Inc1.0%
0.8%
0.7%
0.7%
0.6%
0.6%

Largest buys

Since Q2 2017, 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. Bank Amer Corp~$17.21BNew · 0.0% → 9.7%+679,000,000 shares
  2. Apple~$601.2MAdded · 11.6% → 11.6%+3,900,822 shares
  3. Synchrony Finl~$103.7MAdded · 0.3% → 0.4%+3,340,000 shares
  4. Mosanto Co New~$99.7MAdded · 0.6% → 0.6%+831,685 shares

Largest sells

Since Q2 2017, 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~$2.47BCut · 5.1% → 3.0%−17,057,975 shares
  2. Charter Communications Inc N~$346.7MCut · 2.0% → 1.7%−954,100 shares
  3. Wells Fargo & Co New~$207.1MCut · 16.0% → 14.4%−3,755,002 shares
  4. Wabco Hldgs Inc~$8.1MSold out · 0.0% → 0.0%−63,195 shares

Holdings

As of Sep 30, 2017. Changes are in shares against Jun 30, 2017, so a price move alone never reads as a buy or a sale.

Positions, sorted by share of the portfolio
HoldingValue
Wells Fargo & Co NewCOM · shares −0.8% · price −0.5%14.4%$25.60B−$120.7M
Kraft Heinz CoCOM · shares 0% · price −9.4%14.2%$25.25B−$2.63B
AppleCOM · shares +3.0% · price +7.0%11.6%$20.67B+$1.31B
Coca Cola CoCOM · shares 0% · price +0.4%10.1%$18.00B+$64.0M
Bank Amer CorpCOM · shares New9.7%$17.21B—
American Express CoCOM · shares 0% · price +7.4%7.7%$13.71B+$943.0M
Phillips 66COM · shares 0% · price +10.8%4.2%$7.39B+$719.8M
IBMCOM · shares −32% · price −5.7%3.0%$5.37B−$324.0M
Us Bancorp DelCOM NEW · shares 0% · price +3.2%2.6%$4.56B+$142.1M
Moody's CorporationCOM · shares 0% · price +14.4%1.9%$3.43B+$432.5M
Charter Communications Inc NCL A · shares −10% · price +7.9%1.7%$3.09B+$225.6M
Southwest Airls CoCOM · shares 0% · price −9.9%1.5%$2.67B−$293.6M
Bank Of New York Mellon CorpCOM · shares 0% · price +3.9%1.5%$2.66B+$100.5M
Goldman SachsCOM · shares 0% · price +6.9%1.5%$2.60B+$167.6M
Delta Air Lines Inc DelCOM NEW · shares 0% · price −10.3%1.4%$2.56B−$293.2M
General Mtrs CoCOM · shares 0% · price +15.6%1.4%$2.42B+$327.0M
Davita Healthcare Partners ICOM · shares 0% · price −8.3%1.3%$2.29B−$207.1M
American Airls Group IncCOM · shares 0% · price −5.6%1.3%$2.23B−$133.0M
United Contl Hldgs IncCOM · shares 0% · price −19.1%0.97%$1.72B−$405.4M
Verisign IncCOM · shares 0% · price +14.4%0.78%$1.38B+$174.0M
Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price +0.4%0.73%$1.30B+$5.3M
U S G CorpCOM NEW · shares 0% · price +12.5%0.72%$1.27B+$141.6M
Visa Inc.COM CL A · shares 0% · price +12.2%0.63%$1.11B+$121.0M
Mosanto Co NewCOM · shares +10% · price +1.2%0.60%$1.06B+$11.7M
M & T Bk CorpCOM · shares 0% · price −0.6%0.49%$866.7M−$4.9M
Total · 47 positions100%$177.68B+$686.2M

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 Q2 2017 to Q3 2017: 46 stocks held throughout, up $686.2M (+0.4%).

  1. Apple+$1.31B+7%
  2. American Express Co+$943.0M+7%
  3. Phillips 66+$719.8M+11%
  4. Moody's Corporation+$432.5M+14%
  5. General Mtrs Co+$327.0M+16%
  6. Delta Air Lines Inc Del−$293.2M−10%
  7. Southwest Airls Co−$293.6M−10%
  8. IBM−$324.0M−6%
  9. United Contl Hldgs Inc−$405.4M−19%
  10. Kraft Heinz Co−$2.63B−9%

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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