13F filer · CIK 1067983 ↗

Berkshire Hathaway

You are looking at Q3 2019. See the latest, Q2 2026 →

Reported value

$214.67B

+3.2% on the quarter before

Positions

48

3 new · 2 sold out

Top 10

81.1%

of the value

Est. gain

+$8.64B

on stocks held all quarter

Est. return

+4.2%

on those stocks since Q2 2019

Filed

Nov 14, 2019

On SEC EDGAR ↗

Positions as of Sep 30, 2019, 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 2019. Striped tiles are options.

Apple26%
Bank Amer Corp13%
Coca Cola Co10%
Wells Fargo & Co New8.9%
American Express Co8.4%
24 others4.9%
Kraft Heinz Co4.2%
Us Bancorp Del3.4%
Jpmorgan Chase & Co3.3%
Moody's Corporation2.4%
Delta Air Lines Inc Del1.9%
Goldman Sachs1.8%
Bank Of New York Mellon Corp1.7%
Southwest Airls Co1.3%
General Mtrs Co1.3%
Verisign Inc1.1%
Charter Communications Inc N1.0%
Davita Healthcare Partners I1.0%
United Contl Hldgs Inc0.9%
0.8%0.6%
0.6%
0.6%
0.6%
0.5%

Largest buys

Since Q2 2019, 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. Globe Life Inc~$608.4MNew · 0.0% → 0.3%+6,353,727 shares
  2. Occidental Pete Corp~$332.1MNew · 0.0% → 0.2%+7,467,508 shares
  3. Rh~$206.3MNew · 0.0% → 0.1%+1,207,844 shares

Largest sells

Since Q2 2019, 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. Wells Fargo & Co New~$1.59BCut · 9.3% → 8.9%−31,434,755 shares
  2. Red Hat Inc~$971.1MSold out · 0.5% → 0.0%−5,171,890 shares
  3. Torchmark Corp~$568.4MSold out · 0.3% → 0.0%−6,353,727 shares
  4. Apple~$168.1MCut · 23.7% → 26.0%−750,650 shares
  5. Phillips 66~$37.9MCut · 0.2% → 0.2%−370,078 shares
  6. Sirius Xm Hldgs Inc~$10.3MCut · 0.4% → 0.4%−1,640,000 shares

Holdings

As of Sep 30, 2019. Changes are in shares against Jun 30, 2019, so a price move alone never reads as a buy or a sale.

Positions, sorted by share of the portfolio
HoldingValue
AppleCOM · shares −0.3% · price +13.2%26.0%$55.73B+$6.48B
Bank Amer CorpCOM · shares 0% · price +0.6%12.6%$27.05B+$157.6M
Coca Cola CoCOM · shares 0% · price +6.9%10.1%$21.78B+$1.41B
Wells Fargo & Co NewCOM · shares −7.7% · price +6.6%8.9%$19.08B+$1.18B
American Express CoCOM · shares 0% · price −4.2%8.4%$17.93B−$782.3M
Kraft Heinz CoCOM · shares 0% · price −10.0%4.2%$9.10B−$1.01B
Us Bancorp DelCOM NEW · shares 0% · price +5.6%3.4%$7.33B+$389.4M
Jpmorgan Chase & CoCOM · shares 0% · price +5.3%3.3%$7.00B+$350.5M
Moody's CorporationCOM · shares 0% · price +4.9%2.4%$5.05B+$234.9M
Delta Air Lines Inc DelCOM NEW · shares 0% · price +1.5%1.9%$4.08B+$60.3M
Goldman SachsCOM · shares 0% · price +1.3%1.8%$3.80B+$48.3M
Bank Of New York Mellon CorpCOM · shares 0% · price +2.4%1.7%$3.66B+$85.8M
Southwest Airls CoCOM · shares 0% · price +6.4%1.3%$2.90B+$173.3M
General Mtrs CoCOM · shares 0% · price −2.7%1.3%$2.71B−$75.9M
Verisign IncCOM · shares 0% · price −9.8%1.1%$2.44B−$265.9M
Charter Communications Inc NCL A · shares 0% · price +4.3%1.0%$2.24B+$91.9M
Davita Healthcare Partners ICOM · shares 0% · price +1.4%1.0%$2.20B+$31.2M
United Contl Hldgs IncCOM · shares 0% · price +1.0%0.90%$1.94B+$18.9M
Visa Inc.COM CL A · shares 0% · price −0.9%0.85%$1.82B−$16.3M
MastercardCL A · shares 0% · price +2.7%0.62%$1.34B+$34.7M
Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price +10.5%0.61%$1.30B+$123.7M
Costco Whsl Corp NewCOM · shares 0% · price +9.0%0.58%$1.25B+$103.3M
Pnc Finl Svcs Group IncCOM · shares 0% · price +2.1%0.57%$1.22B+$25.0M
American Airls Group IncCOM · shares 0% · price −17.3%0.55%$1.18B−$246.5M
AmazonCOM · shares 0% · price −8.3%0.43%$932.7M−$84.7M
Total · 48 positions100%$214.67B+$8.64B

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 2019 to Q3 2019: 45 stocks held throughout, up $8.64B (+4.2%).

  1. Apple+$6.48B+13%
  2. Coca Cola Co+$1.41B+7%
  3. Wells Fargo & Co New+$1.18B+7%
  4. Us Bancorp Del+$389.4M+6%
  5. Jpmorgan Chase & Co+$350.5M+5%
  6. Teva Pharmaceutical Inds Ltd−$101.6M−25%
  7. American Airls Group Inc−$246.5M−17%
  8. Verisign Inc−$265.9M−10%
  9. American Express Co−$782.3M−4%
  10. Kraft Heinz Co−$1.01B−10%

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 ↗

Get the newsletter

The day's AI and market news, in your inbox every weekday.