13F filer · CIK 1067983 ↗

Berkshire Hathaway

You are looking at Q1 2020. See the latest, Q2 2026 →

Reported value

$175.53B

−27% on the quarter before

Positions

50

0 new · 2 sold out

Top 10

84.2%

of the value

Est. gain

−$63.78B

on stocks held all quarter

Est. return

−26.7%

on those stocks since Q4 2019

Filed

May 15, 2020

On SEC EDGAR ↗

Positions as of Mar 31, 2020, 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 2019. Striped tiles are options.

Apple36%
Bank Amer Corp11%
Coca Cola Co10%
American Express Co7.4%
Wells Fargo & Co New5.3%
Kraft Heinz Co4.6%
26 others3.7%
Moody's Corporation3.0%
Jpmorgan Chase & Co3.0%
Us Bancorp Del2.6%
Davita Healthcare Partners I1.7%
Bank Of New York Mellon Corp1.5%
Charter Communications Inc N1.3%
Verisign Inc1.3%
Delta Air Lines Inc Del1.2%
Southwest Airls Co1.1%
Visa Inc.1.0%
0.9%
0.7%
0.7%0.6%
0.6%
0.5%

Largest buys

Since Q4 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. Pnc Finl Svcs Group Inc~$50.4MAdded · 0.6% → 0.5%+526,930 shares
  2. Delta Air Lines Inc Del~$27.9MAdded · 1.7% → 1.2%+976,507 shares
  3. United Contl Hldgs Inc~$6.9MAdded · 0.8% → 0.4%+218,966 shares

Largest sells

Since Q4 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. Goldman Sachs~$1.56BCut · 1.1% → 0.2%−10,084,571 shares
  2. Jpmorgan Chase & Co~$162.1MCut · 3.4% → 3.0%−1,800,499 shares
  3. Travelers Companies Inc~$42.8MSold out · 0.0% → 0.0%−312,379 shares
  4. Davita Healthcare Partners I~$35.7MCut · 1.2% → 1.7%−470,000 shares
  5. Phillips 66~$25.3MSold out · 0.0% → 0.0%−227,436 shares
  6. Verisign Inc~$24.7MCut · 1.0% → 1.3%−137,132 shares
  7. Sirius Xm Hldgs Inc~$19.1MCut · 0.4% → 0.4%−3,857,000 shares
  8. Synchrony Finl~$10.9MCut · 0.3% → 0.2%−675,000 shares
  9. Liberty Global Plc~$7.9MCut · 0.2% → 0.2%−481,000 shares
  10. Amazon~$7.8MCut · 0.4% → 0.6%−4,000 shares

Holdings

As of Mar 31, 2020. Changes are in shares against Dec 31, 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% · price −13.4%35.5%$62.34B−$9.65B
Bank Amer CorpCOM · shares 0% · price −39.7%11.2%$19.64B−$12.94B
Coca Cola CoCOM · shares 0% · price −20.1%10.1%$17.70B−$4.44B
American Express CoCOM · shares 0% · price −31.2%7.4%$12.98B−$5.89B
Wells Fargo & Co NewCOM · shares 0% · price −46.7%5.3%$9.28B−$8.11B
Kraft Heinz CoCOM · shares 0% · price −23.0%4.6%$8.06B−$2.41B
Moody's CorporationCOM · shares 0% · price −10.9%3.0%$5.22B−$639.2M
Jpmorgan Chase & CoCOM · shares −3.0% · price −35.4%3.0%$5.20B−$2.85B
Us Bancorp DelCOM NEW · shares 0% · price −41.9%2.6%$4.56B−$3.29B
Davita Healthcare Partners ICOM · shares −1.2% · price +1.4%1.7%$2.90B+$39.2M
Bank Of New York Mellon CorpCOM · shares 0% · price −33.1%1.5%$2.69B−$1.33B
Charter Communications Inc NCL A · shares 0% · price −10.1%1.3%$2.37B−$264.7M
Verisign IncCOM · shares −1.1% · price −6.5%1.3%$2.31B−$161.3M
Delta Air Lines Inc DelCOM NEW · shares +1.4% · price −51.2%1.2%$2.05B−$2.12B
Southwest Airls CoCOM · shares −0.01% · price −34.0%1.1%$1.91B−$985.4M
Visa Inc.COM CL A · shares 0% · price −14.3%0.97%$1.70B−$282.9M
General Mtrs CoCOM · shares −0.4% · price −43.2%0.88%$1.55B−$1.18B
Costco Whsl Corp NewCOM · shares 0% · price −3.0%0.70%$1.24B−$38.1M
MastercardCL A · shares 0% · price −19.1%0.68%$1.19B−$281.4M
AmazonCOM · shares −0.7% · price +5.5%0.59%$1.04B+$54.3M
Liberty Media Corp DelawareCOM C SIRIUSXM · shares −0.8% · price −34.3%0.56%$975.5M−$509.7M
Pnc Finl Svcs Group IncCOM · shares +6.1% · price −40.0%0.50%$880.4M−$554.2M
United Contl Hldgs IncCOM · shares +1.0% · price −64.2%0.40%$699.1M−$1.24B
Sirius Xm Hldgs IncCOM · shares −2.8% · price −30.9%0.37%$654.1M−$292.6M
Kroger CoCOM · shares 0% · price +3.9%0.33%$570.5M+$21.4M
Total · 50 positions100%$175.53B−$63.78B

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 2019 to Q1 2020: 50 stocks held throughout, down $63.78B (−26.7%).

  1. Amazon+$54.3M+6%
  2. Davita Healthcare Partners I+$39.2M+1%
  3. Kroger Co+$21.4M+4%
  4. Biogen Inc+$12.6M+7%
  5. Coca Cola Co−$4.44B−20%
  6. American Express Co−$5.89B−31%
  7. Wells Fargo & Co New−$8.11B−47%
  8. Apple−$9.65B−13%
  9. Bank Amer Corp−$12.94B−40%

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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