13F filer · CIK 1067983 ↗
Berkshire Hathaway
You are looking at Q3 2018. See the latest, Q2 2026 →
Reported value
$221.02B
+13% on the quarter before
Positions
46
4 new · 2 sold out
Top 10
80.3%
of the value
Est. gain
+$11.90B
on stocks held all quarter
Est. return
+6.2%
on those stocks since Q2 2018
Positions as of Sep 30, 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 Q2 2018. Striped tiles are options.
Largest buys
Since Q2 2018, 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.
- Bank Amer Corp~$5.84BAdded · 9.8% → 11.7%+198,248,600 shares
- Jpmorgan Chase & Co~$4.02BNew · 0.0% → 1.8%+35,664,767 shares
- Oracle~$2.13BNew · 0.0% → 1.0%+41,404,791 shares
- Us Bancorp Del~$1.28BAdded · 2.6% → 3.0%+24,229,218 shares
- Goldman Sachs~$1.14BAdded · 1.5% → 1.9%+5,099,145 shares
- Pnc Finl Svcs Group Inc~$829.0MNew · 0.0% → 0.4%+6,087,319 shares
- Bank Of New York Mellon Corp~$665.4MAdded · 1.8% → 1.8%+13,049,100 shares
- Travelers Companies Inc~$459.7MNew · 0.0% → 0.2%+3,543,688 shares
- Apple~$118.0MAdded · 23.8% → 25.8%+522,902 shares
- Delta Air Lines Inc Del~$108.1MAdded · 1.6% → 1.7%+1,869,160 shares
Largest sells
Since Q2 2018, 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~$2.18BCut · 2.0% → 0.8%−19,296,490 shares
- Wells Fargo & Co New~$507.3MCut · 12.8% → 10.5%−9,652,058 shares
- Sanofi~$148.1MSold out · 0.1% → 0.0%−3,701,012 shares
- Wal Mart Stores Inc~$119.4MSold out · 0.1% → 0.0%−1,393,513 shares
- United Contl Hldgs Inc~$62.3MCut · 1.0% → 1.0%−700,000 shares
- Charter Communications Inc N~$53.2MCut · 1.1% → 1.1%−163,200 shares
- American Airls Group Inc~$41.3MCut · 0.9% → 0.8%−1,000,000 shares
- Southwest Airls Co~$31.2MCut · 1.5% → 1.6%−500,000 shares
Holdings
As of Sep 30, 2018. Changes are in shares against Jun 30, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares +0.2% · price +21.9% | 25.8% | $56.99B | +$10.24B | ||||||||
| Bank Amer CorpCOM · shares +29% · price +4.5% | 11.7% | $25.84B | +$862.3M | ||||||||
| Wells Fargo & Co NewCOM · shares −2.1% · price −5.2% | 10.5% | $23.25B | −$1.27B | ||||||||
| Coca Cola CoCOM · shares 0% · price +5.3% | 8.4% | $18.48B | +$932.0M | ||||||||
| Kraft Heinz CoCOM · shares 0% · price −12.3% | 8.1% | $17.95B | −$2.51B | ||||||||
| American Express CoCOM · shares 0% · price +8.7% | 7.3% | $16.15B | +$1.29B | ||||||||
| Us Bancorp DelCOM NEW · shares +24% · price +5.6% | 3.0% | $6.60B | +$280.9M | ||||||||
| Moody's CorporationCOM · shares 0% · price −2.0% | 1.9% | $4.12B | −$82.9M | ||||||||
| Goldman SachsCOM · shares +38% · price +1.7% | 1.9% | $4.12B | +$48.6M | ||||||||
| Jpmorgan Chase & CoCOM · shares New | 1.8% | $4.02B | — | ||||||||
| Bank Of New York Mellon CorpCOM · shares +20% · price −5.5% | 1.8% | $3.97B | −$190.5M | ||||||||
| Delta Air Lines Inc DelCOM NEW · shares +2.9% · price +16.7% | 1.7% | $3.79B | +$527.8M | ||||||||
| Southwest Airls CoCOM · shares −0.9% · price +22.7% | 1.6% | $3.50B | +$648.5M | ||||||||
| Davita Healthcare Partners ICOM · shares 0% · price +3.2% | 1.2% | $2.76B | +$84.5M | ||||||||
| Charter Communications Inc NCL A · shares −2.2% · price +11.1% | 1.1% | $2.39B | +$239.8M | ||||||||
| United Contl Hldgs IncCOM · shares −2.6% · price +27.7% | 1.0% | $2.31B | +$502.3M | ||||||||
| OracleCOM · shares New | 0.97% | $2.13B | — | ||||||||
| Verisign IncCOM · shares 0% · price +16.5% | 0.94% | $2.07B | +$294.0M | ||||||||
| American Airls Group IncCOM · shares −2.2% · price +8.9% | 0.82% | $1.81B | +$147.3M | ||||||||
| General Mtrs CoCOM · shares +2.1% · price −14.5% | 0.80% | $1.77B | −$294.5M | ||||||||
| Phillips 66COM · shares −56% · price +0.4% | 0.79% | $1.74B | +$6.3M | ||||||||
| U S G CorpCOM NEW · shares 0% · price +0.4% | 0.76% | $1.69B | +$7.4M | ||||||||
| Visa Inc.COM CL A · shares 0% · price +13.3% | 0.72% | $1.59B | +$186.3M | ||||||||
| Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price −4.2% | 0.61% | $1.35B | −$59.4M | ||||||||
| MastercardCL A · shares 0% · price +13.3% | 0.50% | $1.10B | +$128.7M | ||||||||
| Total · 46 positions | 100% | $221.02B | +$11.90B |
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 2018 to Q3 2018: 42 stocks held throughout, up $11.90B (+6.2%).
- Apple+$10.24B+22%
- American Express Co+$1.29B+9%
- Coca Cola Co+$932.0M+5%
- Bank Amer Corp+$862.3M+5%
- Southwest Airls Co+$648.5M+23%
- Teva Pharmaceutical Inds Ltd−$120.2M−11%
- Bank Of New York Mellon Corp−$190.5M−5%
- General Mtrs Co−$294.5M−15%
- Wells Fargo & Co New−$1.27B−5%
- Kraft Heinz Co−$2.51B−12%
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 ↗ |