13F filer · CIK 1067983 ↗
Berkshire Hathaway
You are looking at Q4 2018. See the latest, Q2 2026 →
Reported value
$183.07B
−17% on the quarter before
Positions
48
3 new · 1 sold out
Top 10
80.1%
of the value
Est. gain
−$38.14B
on stocks held all quarter
Est. return
−17.6%
on those stocks since Q3 2018
Positions as of Dec 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 Q3 2018. Striped tiles are options.
Largest buys
Since Q3 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.
- Jpmorgan Chase & Co~$1.41BAdded · 1.8% → 2.7%+14,451,627 shares
- Red Hat Inc~$733.4MNew · 0.0% → 0.4%+4,175,792 shares
- General Mtrs Co~$662.6MAdded · 0.8% → 1.3%+19,808,285 shares
- Bank Amer Corp~$466.2MAdded · 11.7% → 12.1%+18,919,000 shares
- Suncor Energy Inc New~$300.9MNew · 0.0% → 0.2%+10,758,000 shares
- Travelers Companies Inc~$289.2MAdded · 0.2% → 0.4%+2,414,703 shares
- Stoneco Ltd~$261.2MNew · 0.0% → 0.1%+14,166,748 shares
- Pnc Finl Svcs Group Inc~$254.4MAdded · 0.4% → 0.5%+2,175,743 shares
- Us Bancorp Del~$200.4MAdded · 3.0% → 3.2%+4,385,739 shares
- Bank Of New York Mellon Corp~$145.3MAdded · 1.8% → 2.1%+3,087,774 shares
Largest sells
Since Q3 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.
- Oracle~$2.13BSold out · 1.0% → 0.0%−41,404,791 shares
- Wells Fargo & Co New~$718.5MCut · 10.5% → 10.7%−15,592,798 shares
- Apple~$455.8MCut · 25.8% → 21.5%−2,889,450 shares
- United Contl Hldgs Inc~$338.8MCut · 1.0% → 1.0%−4,045,900 shares
- Phillips 66~$304.7MCut · 0.8% → 0.6%−3,537,182 shares
- Charter Communications Inc N~$87.6MCut · 1.1% → 1.1%−307,486 shares
- Southwest Airls Co~$55.8MCut · 1.6% → 1.4%−1,200,000 shares
Holdings
As of Dec 31, 2018. Changes are in shares against Sep 30, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −1.1% · price −30.1% | 21.5% | $39.37B | −$16.97B | ||||||||
| Bank Amer CorpCOM · shares +2.2% · price −16.4% | 12.1% | $22.08B | −$4.23B | ||||||||
| Wells Fargo & Co NewCOM · shares −3.5% · price −12.3% | 10.7% | $19.67B | −$2.77B | ||||||||
| Coca Cola CoCOM · shares 0% · price +2.5% | 10.3% | $18.94B | +$464.0M | ||||||||
| American Express CoCOM · shares 0% · price −10.5% | 7.9% | $14.45B | −$1.69B | ||||||||
| Kraft Heinz CoCOM · shares 0% · price −21.9% | 7.7% | $14.02B | −$3.93B | ||||||||
| Us Bancorp DelCOM NEW · shares +3.5% · price −13.5% | 3.2% | $5.91B | −$888.2M | ||||||||
| Jpmorgan Chase & CoCOM · shares +41% · price −13.5% | 2.7% | $4.89B | −$542.8M | ||||||||
| Bank Of New York Mellon CorpCOM · shares +4.0% · price −7.7% | 2.1% | $3.81B | −$305.2M | ||||||||
| Moody's CorporationCOM · shares 0% · price −16.2% | 1.9% | $3.45B | −$670.0M | ||||||||
| Delta Air Lines Inc DelCOM NEW · shares 0% · price −13.7% | 1.8% | $3.27B | −$519.7M | ||||||||
| Goldman SachsCOM · shares 0% · price −25.5% | 1.7% | $3.07B | −$1.05B | ||||||||
| Southwest Airls CoCOM · shares −2.1% · price −25.6% | 1.4% | $2.55B | −$875.9M | ||||||||
| General Mtrs CoCOM · shares +38% · price −0.7% | 1.3% | $2.42B | −$11.5M | ||||||||
| Charter Communications Inc NCL A · shares −4.2% · price −12.6% | 1.1% | $2.00B | −$287.7M | ||||||||
| Davita Healthcare Partners ICOM · shares 0% · price −28.2% | 1.1% | $1.98B | −$777.9M | ||||||||
| Verisign IncCOM · shares 0% · price −7.4% | 1.0% | $1.92B | −$153.2M | ||||||||
| United Contl Hldgs IncCOM · shares −16% · price −6.0% | 1.0% | $1.84B | −$116.9M | ||||||||
| U S G CorpCOM NEW · shares 0% · price −1.5% | 0.91% | $1.66B | −$25.4M | ||||||||
| American Airls Group IncCOM · shares 0% · price −22.3% | 0.77% | $1.40B | −$402.9M | ||||||||
| Visa Inc.COM CL A · shares 0% · price −12.1% | 0.76% | $1.39B | −$191.7M | ||||||||
| Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price −14.9% | 0.63% | $1.15B | −$201.2M | ||||||||
| Phillips 66COM · shares −23% · price −23.6% | 0.56% | $1.02B | −$316.1M | ||||||||
| Pnc Finl Svcs Group IncCOM · shares +36% · price −14.2% | 0.53% | $966.0M | −$117.4M | ||||||||
| MastercardCL A · shares 0% · price −15.3% | 0.51% | $930.9M | −$167.6M | ||||||||
| Total · 48 positions | 100% | $183.07B | −$38.14B |
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 2018 to Q4 2018: 45 stocks held throughout, down $38.14B (−17.6%).
- Coca Cola Co+$464.0M+3%
- Store Cap Corp+$9.7M+2%
- Procter & Gamble Co+$2.7M+10%
- Verizon Communications Inc+$2,000+4%
- American Express Co−$1.69B−10%
- Wells Fargo & Co New−$2.77B−12%
- Kraft Heinz Co−$3.93B−22%
- Bank Amer Corp−$4.23B−16%
- Apple−$16.97B−30%
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 ↗ |