13F filer · CIK 1067983 ↗
Berkshire Hathaway
You are looking at Q1 2018. See the latest, Q2 2026 →
Reported value
$188.94B
−1.2% on the quarter before
Positions
46
2 new · 4 sold out
Top 10
80.7%
of the value
Est. gain
−$11.91B
on stocks held all quarter
Est. return
−6.4%
on those stocks since Q4 2017
Positions as of Mar 31, 2018, 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 2017. Striped tiles are options.
Largest buys
Since Q4 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~$12.45BAdded · 14.6% → 21.3%+74,233,671 shares
- Mosanto Co New~$847.3MAdded · 0.7% → 1.2%+7,261,387 shares
- Teva Pharmaceutical Inds Ltd~$370.2MAdded · 0.2% → 0.4%+21,663,989 shares
- Us Bancorp Del~$191.3MAdded · 2.4% → 2.4%+3,788,844 shares
- Bank Of New York Mellon Corp~$70.7MAdded · 1.7% → 1.7%+1,372,665 shares
- Liberty Latin America Ltd~$52.8MNew · 0.0% → 0.0%+2,714,854 shares
- Delta Air Lines Inc Del~$26.8MAdded · 1.6% → 1.6%+488,962 shares
- Liberty Latin America Ltd~$24.5MNew · 0.0% → 0.0%+1,284,020 shares
Largest sells
Since Q4 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.
- Phillips 66~$3.36BCut · 4.3% → 2.3%−35,000,000 shares
- IBM~$314.2MSold out · 0.2% → 0.0%−2,048,045 shares
- Verisk Analytics~$133.0MCut · 0.1% → 0.0%−1,278,656 shares
- Wells Fargo & Co New~$90.1MCut · 14.5% → 12.7%−1,719,024 shares
- Charter Communications Inc N~$82.9MCut · 1.5% → 1.4%−266,518 shares
- Liberty Global Plc~$61.8MCut · 0.4% → 0.3%−1,974,489 shares
- Graham Hldgs Co~$60.1MSold out · 0.0% → 0.0%−107,575 shares
- Liberty Global Plc~$54.7MSold out · 0.0% → 0.0%−2,714,854 shares
- United Contl Hldgs Inc~$35.1MCut · 1.0% → 1.0%−505,600 shares
- Liberty Global Plc~$25.5MSold out · 0.0% → 0.0%−1,284,020 shares
Holdings
As of Mar 31, 2018. Changes are in shares against Dec 31, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares +45% · price −0.9% | 21.3% | $40.19B | −$239.7M | ||||||||
| Wells Fargo & Co NewCOM · shares −0.4% · price −13.6% | 12.7% | $23.93B | −$3.77B | ||||||||
| Bank Amer CorpCOM · shares 0% · price +1.6% | 10.8% | $20.36B | +$319.1M | ||||||||
| Kraft Heinz CoCOM · shares 0% · price −19.9% | 10.7% | $20.28B | −$5.04B | ||||||||
| Coca Cola CoCOM · shares 0% · price −5.3% | 9.2% | $17.37B | −$980.0M | ||||||||
| American Express CoCOM · shares 0% · price −6.1% | 7.5% | $14.14B | −$914.2M | ||||||||
| Us Bancorp DelCOM NEW · shares +4.4% · price −5.7% | 2.4% | $4.59B | −$268.1M | ||||||||
| Phillips 66COM · shares −43% · price −5.2% | 2.3% | $4.38B | −$239.0M | ||||||||
| Moody's CorporationCOM · shares 0% · price +9.3% | 2.1% | $3.98B | +$337.7M | ||||||||
| Bank Of New York Mellon CorpCOM · shares +2.3% · price −4.3% | 1.7% | $3.20B | −$141.7M | ||||||||
| Delta Air Lines Inc DelCOM NEW · shares +0.9% · price −2.1% | 1.6% | $2.94B | −$63.2M | ||||||||
| Goldman SachsCOM · shares 0% · price −1.1% | 1.5% | $2.76B | −$31.8M | ||||||||
| Southwest Airls CoCOM · shares 0% · price −12.5% | 1.4% | $2.73B | −$389.4M | ||||||||
| Charter Communications Inc NCL A · shares −3.1% · price −7.4% | 1.4% | $2.56B | −$203.4M | ||||||||
| Davita Healthcare Partners ICOM · shares 0% · price −8.7% | 1.3% | $2.54B | −$243.3M | ||||||||
| American Airls Group IncCOM · shares 0% · price −0.1% | 1.3% | $2.39B | −$3.2M | ||||||||
| Mosanto Co NewCOM · shares +62% · price −0.1% | 1.2% | $2.21B | −$1.1M | ||||||||
| United Contl Hldgs IncCOM · shares −1.8% · price +3.1% | 1.0% | $1.92B | +$57.4M | ||||||||
| General Mtrs CoCOM · shares 0% · price −11.3% | 0.96% | $1.82B | −$232.5M | ||||||||
| U S G CorpCOM NEW · shares 0% · price +4.8% | 0.83% | $1.58B | +$72.5M | ||||||||
| Verisign IncCOM · shares 0% · price +3.6% | 0.81% | $1.54B | +$53.4M | ||||||||
| Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price +3.0% | 0.67% | $1.27B | +$37.0M | ||||||||
| Visa Inc.COM CL A · shares 0% · price +4.9% | 0.67% | $1.26B | +$59.1M | ||||||||
| M & T Bk CorpCOM · shares 0% · price +7.8% | 0.53% | $992.2M | +$72.0M | ||||||||
| MastercardCL A · shares 0% · price +15.7% | 0.46% | $864.4M | +$117.4M | ||||||||
| Total · 46 positions | 100% | $188.94B | −$11.91B |
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 2017 to Q1 2018: 44 stocks held throughout, down $11.91B (−6.4%).
- Moody's Corporation+$337.7M+9%
- Bank Amer Corp+$319.1M+2%
- Sirius Xm Hldgs Inc+$121.4M+16%
- Mastercard+$117.4M+16%
- U S G Corp+$72.5M+5%
- Southwest Airls Co−$389.4M−12%
- American Express Co−$914.2M−6%
- Coca Cola Co−$980.0M−5%
- Wells Fargo & Co New−$3.77B−14%
- Kraft Heinz Co−$5.04B−20%
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 ↗ |