13F filer · CIK 1067983 ↗
Berkshire Hathaway
You are looking at Q4 2025. See the latest, Q2 2026 →
Reported value
$274.16B
+2.6% on the quarter before
Positions
42
4 new · 3 sold out
Top 10
88.3%
of the value
Est. gain
+$11.76B
on stocks held all quarter
Est. return
+4.6%
on those stocks since Q3 2025
Positions as of Dec 31, 2025, 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 2025. Striped tiles are options.
Largest buys
Since Q3 2025, 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.
- Chevron Corp New~$1.23BAdded · 7.1% → 7.2%+8,091,570 shares
- Chubb Limited~$910.2MAdded · 3.3% → 3.9%+2,916,288 shares
- Liberty Live Holdings Inc~$907.9MNew · 0.0% → 0.3%+10,917,661 shares
- Liberty Live Holdings Inc~$406.4MNew · 0.0% → 0.1%+4,986,588 shares
- New York Times Co~$351.7MNew · 0.0% → 0.1%+5,065,744 shares
- Liberty Media Corp Del~$297.4MNew · 0.0% → 0.1%+3,018,555 shares
- Dominos Pizza Inc~$153.4MAdded · 0.5% → 0.5%+368,055 shares
- Lamar Advertising Co New~$37,974Added · 0.1% → 0.1%+300 shares
Largest sells
Since Q3 2025, 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.
- Apple~$2.80BCut · 22.7% → 22.6%−10,294,956 shares
- Bank America Corp~$2.79BCut · 11.0% → 10.4%−50,774,078 shares
- Amazon~$1.78BCut · 0.8% → 0.2%−7,724,000 shares
- Liberty Media Corp Del~$1.06BSold out · 0.4% → 0.0%−10,917,661 shares
- Liberty Media Corp Del~$470.2MSold out · 0.2% → 0.0%−4,986,588 shares
- Liberty Media Corp Del~$315.3MSold out · 0.1% → 0.0%−3,018,555 shares
- Aon Plc~$175.4MCut · 0.5% → 0.5%−497,005 shares
- Pool Corp~$89.2MCut · 0.4% → 0.3%−390,000 shares
- Constellation Brands Inc~$55.2MCut · 0.7% → 0.7%−400,000 shares
- Davita Inc~$45.6MCut · 1.6% → 1.3%−401,514 shares
Holdings
As of Dec 31, 2025. Changes are in shares against Sep 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AppleCOM · shares −4.3% · price +6.8% | 22.6% | $61.96B | +$3.93B | ||||||||
| American Express CoCOM · shares 0% · price +11.4% | 20.5% | $56.09B | +$5.73B | ||||||||
| Bank America CorpCOM · shares −8.9% · price +6.6% | 10.4% | $28.45B | +$1.76B | ||||||||
| Coca Cola CoCOM · shares 0% · price +5.4% | 10.2% | $27.96B | +$1.44B | ||||||||
| Chevron Corp NewCOM · shares +6.6% · price −1.9% | 7.2% | $19.84B | −$351.5M | ||||||||
| Moody's CorporationCOM · shares 0% · price +7.2% | 4.6% | $12.60B | +$847.9M | ||||||||
| Occidental Pete CorpCOM · shares 0% · price −13.0% | 4.0% | $10.89B | −$1.62B | ||||||||
| Chubb LimitedCOM · shares +9.3% · price +10.6% | 3.9% | $10.69B | +$935.9M | ||||||||
| Kraft Heinz CoCOM · shares 0% · price −6.9% | 2.9% | $7.90B | −$582.9M | ||||||||
| AlphabetCAP STK CL A · shares 0% · price +28.8% | 2.0% | $5.59B | +$1.25B | ||||||||
| Davita IncCOM · shares −1.2% · price −14.5% | 1.3% | $3.61B | −$611.7M | ||||||||
| Kroger CoCOM · shares 0% · price −7.3% | 1.1% | $3.12B | −$246.5M | ||||||||
| Visa Inc.COM CL A · shares 0% · price +2.7% | 1.1% | $2.91B | +$77.4M | ||||||||
| Sirius Xm Holdings IncCOMMON STOCK · shares 0% · price −14.1% | 0.91% | $2.50B | −$409.4M | ||||||||
| MastercardCL A · shares 0% · price +0.4% | 0.83% | $2.28B | +$8.3M | ||||||||
| Verisign IncCOM · shares 0% · price −13.1% | 0.80% | $2.18B | −$329.2M | ||||||||
| Constellation Brands IncCL A · shares −3.0% · price +2.4% | 0.65% | $1.79B | +$42.8M | ||||||||
| Capital One Finl CorpCOM · shares 0% · price +14.0% | 0.63% | $1.73B | +$212.9M | ||||||||
| Unitedhealth Group IncCOM · shares 0% · price −4.4% | 0.61% | $1.66B | −$76.6M | ||||||||
| Dominos Pizza IncCOM · shares +12% · price −3.4% | 0.51% | $1.40B | −$44.4M | ||||||||
| Ally Finl IncCOM · shares 0% · price +15.5% | 0.48% | $1.31B | +$176.6M | ||||||||
| Aon PlcSHS CL A · shares −12% · price −1.0% | 0.46% | $1.27B | −$13.3M | ||||||||
| Nucor CorpCOM · shares 0% · price +20.4% | 0.38% | $1.05B | +$177.4M | ||||||||
| Liberty Live Holdings IncCOM SHS SER C · shares New | 0.33% | $907.9M | — | ||||||||
| Lennar CorpCL A · shares 0% · price −18.4% | 0.26% | $724.8M | −$163.9M | ||||||||
| Total · 42 positions | 100% | $274.16B | +$11.76B |
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 2025 to Q4 2025: 38 stocks held throughout, up $11.76B (+4.6%).
- American Express Co+$5.73B+11%
- Apple+$3.93B+7%
- Bank America Corp+$1.76B+7%
- Coca Cola Co+$1.44B+5%
- Alphabet+$1.25B+29%
- Chevron Corp New−$351.5M−2%
- Sirius Xm Holdings Inc−$409.4M−14%
- Kraft Heinz Co−$582.9M−7%
- Davita Inc−$611.7M−14%
- Occidental Pete Corp−$1.62B−13%
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 ↗ |