13F filer · CIK 1067983 ↗

Berkshire Hathaway

You are looking at Q4 2019. See the latest, Q2 2026 →

Reported value

$242.05B

+13% on the quarter before

Positions

52

4 new · 0 sold out

Top 10

82.5%

of the value

Est. gain

+$32.21B

on stocks held all quarter

Est. return

+15.5%

on those stocks since Q3 2019

Filed

Feb 14, 2020

On SEC EDGAR ↗

Positions as of Dec 31, 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 Q3 2019. Striped tiles are options.

Apple30%
Bank Amer Corp13%
Coca Cola Co9.1%
American Express Co7.8%
Wells Fargo & Co New7.2%
28 others4.7%
Kraft Heinz Co4.3%
Jpmorgan Chase & Co3.4%
Us Bancorp Del3.2%
Moody's Corporation2.4%
Delta Air Lines Inc Del1.7%
Bank Of New York Mellon Corp1.7%
Southwest Airls Co1.2%
Davita Healthcare Partners I1.2%
Goldman Sachs1.1%
General Mtrs Co1.1%
Charter Communications Inc N1.1%
Verisign Inc1.0%
0.8%
0.8%
0.6%
0.6%
0.6%
0.5%
0.5%

Largest buys

Since Q3 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. Kroger Co~$549.1MNew · 0.0% → 0.2%+18,940,079 shares
  2. Occidental Pete Corp~$472.5MAdded · 0.2% → 0.3%+11,465,546 shares
  3. Biogen Inc~$192.4MNew · 0.0% → 0.1%+648,447 shares
  4. Suncor Energy Inc New~$139.8MAdded · 0.2% → 0.2%+4,261,031 shares
  5. Rh~$106.9MAdded · 0.1% → 0.2%+500,504 shares
  6. General Mtrs Co~$99.9MAdded · 1.3% → 1.1%+2,730,304 shares
  7. Vanguard Index Fds~$12.7MNew · 0.0% → 0.0%+43,000 shares
  8. SPDR S&P 500 ETF Tr~$12.7MNew · 0.0% → 0.0%+39,400 shares

Largest sells

Since Q3 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~$2.97BCut · 8.9% → 7.2%−55,156,100 shares
  2. Goldman Sachs~$1.46BCut · 1.8% → 1.1%−6,348,884 shares
  3. Apple~$1.08BCut · 26.0% → 29.7%−3,683,113 shares
  4. Travelers Companies Inc~$773.2MCut · 0.4% → 0.0%−5,646,012 shares
  5. Phillips 66~$552.1MCut · 0.2% → 0.0%−4,955,201 shares
  6. Bank Amer Corp~$78.9MCut · 12.6% → 13.5%−2,240,000 shares
  7. Bank Of New York Mellon Corp~$59.0MCut · 1.7% → 1.7%−1,172,193 shares
  8. American Airls Group Inc~$34.4MCut · 0.5% → 0.5%−1,200,000 shares

Holdings

As of Dec 31, 2019. Changes are in shares against Sep 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 −1.5% · price +31.1%29.7%$71.99B+$17.08B
Bank Amer CorpCOM · shares −0.2% · price +20.7%13.5%$32.58B+$5.60B
Coca Cola CoCOM · shares 0% · price +1.7%9.1%$22.14B+$364.0M
American Express CoCOM · shares 0% · price +5.3%7.8%$18.87B+$941.5M
Wells Fargo & Co NewCOM · shares −15% · price +6.7%7.2%$17.39B+$1.09B
Kraft Heinz CoCOM · shares 0% · price +15.0%4.3%$10.46B+$1.37B
Jpmorgan Chase & CoCOM · shares 0% · price +18.4%3.4%$8.30B+$1.29B
Us Bancorp DelCOM NEW · shares 0% · price +7.1%3.2%$7.85B+$523.2M
Moody's CorporationCOM · shares 0% · price +15.9%2.4%$5.86B+$803.7M
Delta Air Lines Inc DelCOM NEW · shares 0% · price +1.5%1.7%$4.15B+$62.4M
Bank Of New York Mellon CorpCOM · shares −1.4% · price +11.3%1.7%$4.01B+$408.4M
Southwest Airls CoCOM · shares 0% · price −0.1%1.2%$2.90B−$1.6M
Davita Healthcare Partners ICOM · shares 0% · price +31.5%1.2%$2.89B+$692.6M
Goldman SachsCOM · shares −35% · price +11.0%1.1%$2.76B+$272.5M
General Mtrs CoCOM · shares +3.8% · price −2.3%1.1%$2.75B−$63.6M
Charter Communications Inc NCL A · shares 0% · price +17.7%1.1%$2.63B+$395.9M
Verisign IncCOM · shares 0% · price +2.1%1.0%$2.50B+$52.5M
Visa Inc.COM CL A · shares 0% · price +9.2%0.82%$1.98B+$167.8M
United Contl Hldgs IncCOM · shares 0% · price −0.4%0.80%$1.93B−$7.0M
Liberty Media Corp DelawareCOM C SIRIUSXM · shares 0% · price +14.7%0.62%$1.50B+$192.1M
MastercardCL A · shares 0% · price +9.9%0.61%$1.47B+$133.3M
Pnc Finl Svcs Group IncCOM · shares 0% · price +13.9%0.57%$1.38B+$168.8M
Costco Whsl Corp NewCOM · shares 0% · price +2.0%0.53%$1.27B+$25.2M
American Airls Group IncCOM · shares −2.7% · price +6.3%0.50%$1.22B+$72.7M
AmazonCOM · shares 0% · price +6.4%0.41%$992.8M+$60.1M
Total · 52 positions100%$242.05B+$32.21B

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 2019 to Q4 2019: 48 stocks held throughout, up $32.21B (+15.5%).

  1. Apple+$17.08B+31%
  2. Bank Amer Corp+$5.60B+21%
  3. Kraft Heinz Co+$1.37B+15%
  4. Jpmorgan Chase & Co+$1.29B+18%
  5. Wells Fargo & Co New+$1.09B+7%
  6. Liberty Global Plc−$14.7M−8%
  7. Occidental Pete Corp−$24.3M−7%
  8. Liberty Global Plc−$39.8M−8%
  9. Restaurant Brands Intl Inc−$62.2M−10%
  10. General Mtrs Co−$63.6M−2%

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 ↗

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