13F filer · CIK 1067983 ↗
Berkshire Hathaway
You are looking at Q4 2017. See the latest, Q2 2026 →
Reported value
$191.24B
+7.6% on the quarter before
Positions
48
1 new · 0 sold out
Top 10
80.7%
of the value
Est. gain
+$12.77B
on stocks held all quarter
Est. return
+7.4%
on those stocks since Q3 2017
Positions as of Dec 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 Q3 2017. Striped tiles are options.
Largest buys
Since Q3 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.
- Apple~$5.29BAdded · 11.6% → 14.6%+31,241,180 shares
- Bank Of New York Mellon Corp~$570.3MAdded · 1.5% → 1.7%+10,589,195 shares
- Teva Pharmaceutical Inds Ltd~$357.7MNew · 0.0% → 0.2%+18,875,721 shares
- Mosanto Co New~$331.1MAdded · 0.6% → 0.7%+2,835,278 shares
- Us Bancorp Del~$106.9MAdded · 2.6% → 2.4%+1,995,710 shares
Largest sells
Since Q3 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.
- IBM~$5.37BCut · 3.0% → 0.2%−34,978,653 shares
- General Mtrs Co~$409.9MCut · 1.4% → 1.1%−10,000,000 shares
- Wells Fargo & Co New~$364.0MCut · 14.4% → 14.5%−6,000,000 shares
- American Airls Group Inc~$52.0MCut · 1.3% → 1.3%−1,000,000 shares
- Sanofi~$1.2MCut · 0.1% → 0.1%−27,351 shares
Holdings
As of Dec 31, 2017. Changes are in shares against Sep 30, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares +23% · price +9.8% | 14.6% | $27.98B | +$2.03B | ||||||||
| Wells Fargo & Co NewCOM · shares −1.3% · price +10.0% | 14.5% | $27.80B | +$2.53B | ||||||||
| Kraft Heinz CoCOM · shares 0% · price +0.3% | 13.2% | $25.32B | +$68.4M | ||||||||
| Bank Amer CorpCOM · shares 0% · price +16.5% | 10.5% | $20.04B | +$2.84B | ||||||||
| Coca Cola CoCOM · shares 0% · price +1.9% | 9.6% | $18.35B | +$348.0M | ||||||||
| American Express CoCOM · shares 0% · price +9.8% | 7.9% | $15.06B | +$1.34B | ||||||||
| Phillips 66COM · shares 0% · price +10.4% | 4.3% | $8.16B | +$769.8M | ||||||||
| Us Bancorp DelCOM NEW · shares +2.3% · price −0.0% | 2.4% | $4.66B | −$850,150 | ||||||||
| Moody's CorporationCOM · shares 0% · price +6.0% | 1.9% | $3.64B | +$207.2M | ||||||||
| Bank Of New York Mellon CorpCOM · shares +21% · price +1.6% | 1.7% | $3.28B | +$42.2M | ||||||||
| Southwest Airls CoCOM · shares 0% · price +16.9% | 1.6% | $3.12B | +$451.3M | ||||||||
| Delta Air Lines Inc DelCOM NEW · shares 0% · price +16.1% | 1.6% | $2.97B | +$413.2M | ||||||||
| Charter Communications Inc NCL A · shares 0% · price −7.6% | 1.5% | $2.85B | −$233.1M | ||||||||
| Goldman SachsCOM · shares 0% · price +7.4% | 1.5% | $2.79B | +$192.6M | ||||||||
| Davita Healthcare Partners ICOM · shares 0% · price +21.7% | 1.5% | $2.79B | +$496.0M | ||||||||
| American Airls Group IncCOM · shares −2.1% · price +9.6% | 1.3% | $2.39B | +$208.8M | ||||||||
| General Mtrs CoCOM · shares −17% · price +1.5% | 1.1% | $2.05B | +$30.5M | ||||||||
| United Contl Hldgs IncCOM · shares 0% · price +10.7% | 0.99% | $1.90B | +$183.9M | ||||||||
| U S G CorpCOM NEW · shares 0% · price +18.1% | 0.79% | $1.50B | +$230.5M | ||||||||
| Verisign IncCOM · shares 0% · price +7.6% | 0.78% | $1.48B | +$104.3M | ||||||||
| Mosanto Co NewCOM · shares +32% · price −2.5% | 0.71% | $1.37B | −$27.0M | ||||||||
| Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price −5.3% | 0.64% | $1.23B | −$68.7M | ||||||||
| Visa Inc.COM CL A · shares 0% · price +8.3% | 0.63% | $1.20B | +$92.7M | ||||||||
| M & T Bk CorpCOM · shares 0% · price +6.2% | 0.48% | $920.3M | +$53.6M | ||||||||
| Costco Whsl Corp NewCOM · shares 0% · price +13.3% | 0.42% | $806.5M | +$94.6M | ||||||||
| Total · 48 positions | 100% | $191.24B | +$12.77B |
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 2017 to Q4 2017: 47 stocks held throughout, up $12.77B (+7.4%).
- Bank Amer Corp+$2.84B+16%
- Wells Fargo & Co New+$2.53B+10%
- Apple+$2.03B+10%
- American Express Co+$1.34B+10%
- Phillips 66+$769.8M+10%
- Sanofi−$26.3M−14%
- Mosanto Co New−$27.0M−3%
- Liberty Media Corp Delaware−$33.3M−5%
- Liberty Media Corp Delaware−$68.7M−5%
- Charter Communications Inc N−$233.1M−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.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $299.25B+14% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $263.10B−4% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $274.16B+3% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $267.33B+4% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $257.52B−1% | SEC ↗ |
| Q1 2025 | May 15, 2025 (amended) | $259.81B−3% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $267.18B+0% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $266.38B−5% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $279.97B−16% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $331.68B−6% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 (amended) | $351.90B+12% | SEC ↗ |
| Q3 2023 | Nov 16, 2023 (amended) | $313.26B−10% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $348.19B+7% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $325.11B+9% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $299.01B+1% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $296.10B−1% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $300.13B−17% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $363.55B+10% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $330.95B+13% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $293.45B+0% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $293.02B+8% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $270.44B+0% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $269.93B+14% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 (amended) | $235.94B+17% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $202.41B+15% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $175.53B−27% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $242.05B+13% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $214.67B+3% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $208.10B+4% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $199.48B+9% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $183.07B−17% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $221.02B+13% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $195.62B+4% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $188.94B−1% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $191.24B+8% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $177.68B+10% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $162.14B+0% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $161.87B+9% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $147.99B+15% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $128.79B−1% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $129.70B+1% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $128.57B | SEC ↗ |