Berkshire Hathaway Inc — AI-Powered 13F Analysis
Berkshire Hathaway IncCIK: 0001067983
Momentum followerQuality / disciplined sizingSector-focused
Total reported value
$263.1B
Reporting period: 2026-03-31 · Number of holdings: 90
Berkshire Hathaway Inc disclosed 90 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $263.1B and a quarterly turnover rate of 23.6%.
Browse other institutions with over $100B AUMBrowse other institutions starting with "B"
Personality snowflake
- Concentration
- 47.4
- Portfolio Stability
- 23.59
- Momentum/Contrarian
- 100
- Sector conviction
- 70.45
- Diversification
- 58
- Sizing Uniformity
- 84.11
Berkshire Hathaway Inc's disclosed holdings carry a Herfindahl concentration index of 0.119 — mathematically equivalent to about 8 equally-sized positions, well below its 90 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.59), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Recent moves
Add GOOGL
+204.0% $10.0B
Trim AXP
0.0% -$10.2B
Add OXY
0.0% $6.3B
Add KO
0.0% $2.5B
Trim BAC
-0.7% -$3.4B
Trim AAPL
0.0% -$4.1B
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
Berkshire Hathaway is rotating capital out of safe compounders (V, MA, UNH) and into a contrarian tech bet (GOOGL) and a cyclical airline revival (DAL). This is an alpha hunt—they are betting the new positions will deliver higher returns than the steady payers they replaced.
Macro & Fundamentals
By selling V, MA, and trimming CVX and BAC while loading GOOGL and initiating DAL, Berkshire is pricing in a regime where moderating inflation pivots growth leadership from financials and energy to technology and travel. The opposing thesis: their exits overestimate disruption risk in payments and insurance, and the airline bet is a leveraged wager on a consumer expansion that cracks if recession hits.
Blind Spots / Risks
Berkshire’s doubled-down GOOGL bet introduces a new single-name concentration risk atypical for its traditionally patient layering. If antitrust scrutiny on Google’s search monopoly or a sudden ad-spending retrenchment materializes, the contrarian value thesis unravels—and the portfolio lacks the momentum to exit gracefully.
Produced with AI assistance from publicly disclosed 13F data. Historical only; not a personalized investment recommendation.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 29 holdings (of 90 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple INC | Stock-Tech | 21.99% | -0.61% | — | |
| 2 | AXP | American Express Co | Stock-Financials | 17.43% | -3.03% | — | |
| 3 | KO | Coca-cola Co/the | Stock-Consumer Staples | 11.56% | +1.36% | — | |
| 4 | BAC | Bank Of America CORP | Stock-Financials | 9.52% | -0.86% | -0.71% | |
| 5 | CVX | Chevron CORP | Stock-Energy | 6.64% | -0.60% | -35.17% | |
| 6 | OXY | Occidental Petroleum CORP | Stock-Energy | 6.55% | +2.58% | — | |
| 7 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 5.93% | +3.89% | +203.99% | |
| 8 | CB | Chubb Limited | Stock-Financials | 4.24% | +0.34% | — | |
| 9 | MCO | Moody's CORP | Stock-Financials | 4.09% | -0.51% | — | |
| 10 | KHC | Kraft Heinz Co/the | Stock-Consumer Staples | 2.78% | -0.10% | — | |
| 11 | DVA | Davita INC | Stock-Healthcare | 1.76% | +0.44% | -5.22% | |
| 12 | KR | Kroger Co | Stock-Consumer Staples | 1.38% | +0.24% | — | |
| 13 | SIRI | Sirius Xm Holdings INC | Stock-Comm Services | 1.09% | +0.18% | — | |
| 14 | DAL | Delta Air Lines INC | Stock-Industrials | 1.01% | +1.01% | NEW | |
| 15 | VRSN | Verisign INC | Stock-Tech | 0.85% | +0.05% | — | |
| 16 | COF | Capital One Financial CORP | Stock-Financials | 0.50% | -0.13% | — | |
| 17 | NYT | New York Times Co-a | Stock-Comm Services | 0.48% | +0.35% | +199.00% | |
| 18 | ALLY | Ally Financial INC | Stock-Financials | 0.43% | -0.05% | — | |
| 19 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.39% | +0.39% | NEW | |
| 20 | LLYVK | Liberty Live Holdings-c | Stock-Other | 0.38% | +0.05% | -3.03% | |
| 21 | LEN | Lennar Corp-a | Stock-Consumer Disc | 0.33% | +0.07% | +43.24% | |
| 22 | NUE | Nucor CORP | Stock-Materials | 0.25% | -0.13% | -39.03% | |
| 23 | LLYVA | Liberty Live Holdings-a | Stock-Other | 0.17% | +0.02% | — | |
| 24 | LPX | Louisiana-pacific CORP | Stock-Industrials | 0.16% | -0.01% | — | |
| 25 | STZ | Constellation Brands Inc-a | Stock-Consumer Staples | 0.04% | -0.61% | -95.13% | |
| 26 | NVR | Nvr INC | Stock-Consumer Disc | 0.03% | — | — | |
| 27 | M | Macy's INC | Stock-Consumer Disc | 0.02% | +0.02% | NEW | |
| 28 | LEN-B | Lennar CORP - B Shs | Stock-Other | 0.01% | — | +31.34% | |
| 29 | JEF | Jefferies Financial Group In | Stock-Financials | 0.01% | — | — |
Portfolio Performance
Performance for Q3 2026
+9.5%
Performance Last 4 Quarters
+28.3%
- Stdev
- +13.1%
- Beta
- +0.69
- Alpha
- +2.9%
- Max Drawdown
- -9.1%
- Annualized Perf
- +15.9%
- Batting Avg vs S&P
- +44.4%
- Sortino
- +2.51
- Stutzer
- +0.36
- Treynor
- +0.23
- Sterling
- +0.98
- Calmar
- +1.75
- Information Ratio
- -0.27
- Tracking Error
- +10.3%
- Stdev Down
- +6.2%
- Winning Months %
- +58.3%
- Losing Months %
- +41.7%
- Best 12 Months
- +34%
- Worst 12 Months
- +4.4%
- Efficiency Ratio
- +0.51
- Sharpe
- +1.2
- Stdev Sectors
- +11.7%
- Skewness
- +0.34
- Kurtosis
- -0.09
- Upside Potential
- +4.16
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 90 | $263.1B | 24 | |
| 2025-12-31 | 110 | $274.2B | 9 | |
| 2025-09-30 | 115 | $267.3B | 15 | |
| 2025-06-30 | 114 | $257.5B | 0 | |
| 2025-03-31 | 110 | $258.7B | 74 | |
| 2024-12-31 | 112 | $267.2B | 0 | |
| 2024-09-30 | 121 | $266.4B | 0 | |
| 2024-06-30 | 129 | $280.0B | 0 | |
| 2024-03-31 | 133 | $331.7B | 0 | |
| 2023-12-31 | 138 | $347.4B | 0 | |
| 2023-09-30 | 152 | $313.3B | 0 | |
| 2023-06-30 | 157 | $348.2B | 0 | |
| 2023-03-31 | 165 | $325.1B | 0 | |
| 2022-12-31 | 172 | $299.0B | 0 | |
| 2022-09-30 | 179 | $296.1B | 0 | |
| 2022-06-30 | 181 | $300.1B | 0 | |
| 2022-03-31 | 176 | $363.6B | 0 | |
| 2021-12-31 | 129 | $331.0B | 0 | |
| 2021-09-30 | 130 | $293.4B | 0 | |
| 2021-06-30 | 130 | $293.0B | 10 | |
| 2021-03-31 | 132 | $270.4B | 14 | |
| 2020-12-31 | 141 | $269.9B | 100 | |
| 2020-09-30 | 145 | $228.9B | 0 | |
| 2020-06-30 | 138 | $202.4B | 28 | |
| 2020-03-31 | 168 | $175.5B | 32 | |
| 2019-12-31 | 171 | $242.1B | 16 | |
| 2019-09-30 | 166 | $214.7B | 7 | |
| 2019-06-30 | 161 | $208.1B | 8 | |
| 2019-03-31 | 163 | $199.5B | 13 | |
| 2018-12-31 | 164 | $183.1B | 22 | |
| 2018-09-30 | 168 | $221.0B | 19 | |
| 2018-06-30 | 150 | $195.6B | 9 | |
| 2018-03-31 | 150 | $188.9B | 17 | |
| 2017-12-31 | 152 | $191.2B | 14 | |
| 2017-09-30 | 149 | $177.7B | 18 | |
| 2017-06-30 | 140 | $162.1B | 8 | |
| 2017-03-31 | 142 | $161.9B | 14 | |
| 2016-12-31 | 148 | $148.0B | 22 | |
| 2016-09-30 | 144 | $128.8B | 9 | |
| 2016-06-30 | 158 | $129.7B | 11 | |
| 2016-03-31 | 148 | $128.6B | 16 | |
| 2015-12-31 | 154 | $131.9B | 7 | |
| 2015-09-30 | 154 | $127.4B | 100 | |
| 2015-06-30 | 147 | $107.2B | 0 | |
| 2015-03-31 | 149 | $107.1B | 6 | |
| 2014-12-31 | 148 | $109.4B | 100 | |
| 2014-09-30 | 146 | $107.8B | 0 | |
| 2014-06-30 | 141 | $107.6B | 9 | |
| 2014-03-31 | 138 | $105.8B | 8 | |
| 2013-12-31 | 137 | $104.8B | 16 | |
| 2013-09-30 | 130 | $92.0B | 100 | |
| 2013-06-30 | 127 | $89.0B | 0 |
Holding changes this quarter
Berkshire Hathaway Inc's most significant position changes for 2026-03-31: Sold out: Visa Inc-class A Shares (V); New buy: Delta Air Lines INC (DAL); Sold out: Mastercard INC - A (MA); Sold out: Unitedhealth Group INC (UNH); Sold out: Domino's Pizza INC (DPZ).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +3.9% | +203.99% | Add |
| 2 | OXY | Occidental Petroleum CORP | +2.6% | — | Unchanged |
| 3 | KO | Coca-cola Co/the | +1.4% | — | Unchanged |
| 4 | DVA | Davita INC | +0.4% | -5.22% | Trim |
| 5 | NYT | New York Times Co-a | +0.4% | +199.00% | Add |
| 6 | CB | Chubb Limited | +0.3% | — | Unchanged |
| 7 | KR | Kroger Co | +0.2% | — | Unchanged |
| 8 | SIRI | Sirius Xm Holdings INC | +0.2% | — | Unchanged |
| 9 | LEN | Lennar Corp-a | +0.1% | +43.24% | Add |
| 10 | LLYVK | Liberty Live Holdings-c | +0.1% | -3.03% | Trim |
| 11 | VRSN | Verisign INC | +0.1% | — | Unchanged |
| 12 | LLYVA | Liberty Live Holdings-a | 0% | — | Unchanged |
| 13 | JEF | Jefferies Financial Group In | — | — | Unchanged |
| 14 | NVR | Nvr INC | — | — | Unchanged |
| 15 | LEN-B | Lennar CORP - B Shs | — | +31.34% | Add |
| 16 | LPX | Louisiana-pacific CORP | 0% | — | Unchanged |
| 17 | ALLY | Ally Financial INC | -0.1% | — | Unchanged |
| 18 | KHC | Kraft Heinz Co/the | -0.1% | — | Unchanged |
| 19 | COF | Capital One Financial CORP | -0.1% | — | Unchanged |
| 20 | NUE | Nucor CORP | -0.1% | -39.03% | Trim |
| 21 | MCO | Moody's CORP | -0.5% | — | Unchanged |
| 22 | CVX | Chevron CORP | -0.6% | -35.17% | Trim |
| 23 | AAPL | Apple INC | -0.6% | — | Unchanged |
| 24 | STZ | Constellation Brands Inc-a | -0.6% | -95.13% | Trim |
| 25 | BAC | Bank Of America CORP | -0.9% | -0.71% | Trim |
| 26 | AXP | American Express Co | -3% | — | Unchanged |
| 27 | V | Visa Inc-class A Shares | — | EXIT | Sold out |
| 28 | DAL | Delta Air Lines INC | — | NEW | New buy |
| 29 | MA | Mastercard INC - A | — | EXIT | Sold out |
| 30 | UNH | Unitedhealth Group INC | — | EXIT | Sold out |
| 31 | DPZ | Domino's Pizza INC | — | EXIT | Sold out |
| 32 | AON | Aon plc | — | EXIT | Sold out |
| 33 | GOOG | Alphabet Inc-cl C | — | NEW | New buy |
| 34 | POOL | Pool CORP | — | EXIT | Sold out |
| 35 | AMZN | Amazon.com INC | — | EXIT | Sold out |
| 36 | HEI-A | Heico Corp-class A | — | EXIT | Sold out |
| 37 | FWONK | Liberty Media Corp-formula-c | — | EXIT | Sold out |
| 38 | CHTR | Charter Communications Inc-a | — | EXIT | Sold out |
| 39 | LAMR | Lamar Advertising Co-a | — | EXIT | Sold out |
| 40 | ALLE | Allegion plc | — | EXIT | Sold out |
| 41 | M | Macy's INC | — | NEW | New buy |
| 42 | DEO | Diageo Plc-sponsored Adr | — | EXIT | Sold out |
| 43 | ✓ | Liberty Latin America LTD Com Cl A | — | EXIT | Sold out |
| 44 | LILA | Liberty Latin America Ltd. | — | EXIT | Sold out |
| 45 | BATRK | Atlanta Braves Holdings In-c | — | EXIT | Sold out |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-15 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-08-14 | Amendment | View on EDGAR |
| 2025-03-31 | 2025-05-15 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-14 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-15 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-05-15 | Amendment | View on EDGAR |
| 2023-12-31 | 2024-02-14 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2024-05-15 | Amendment | View on EDGAR |
| 2023-09-30 | 2023-11-16 | Amendment | View on EDGAR |
| 2023-09-30 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-15 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-14 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-15 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-16 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-15 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-16 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-17 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-16 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2021-02-16 | Amendment | View on EDGAR |
| 2020-09-30 | 2020-11-16 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-14 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-15 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-14 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-11-14 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-14 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-15 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-14 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-14 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-14 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-15 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-02-14 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-11-14 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-14 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-15 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-14 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2016-11-14 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-08-15 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-05-16 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-02-16 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2015-11-16 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2015-09-04 | Amendment | View on EDGAR |
| 2015-06-30 | 2015-08-14 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2015-05-15 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2015-02-17 | 13F-HR | View on EDGAR |
| 2014-09-30 | 2015-02-17 | Amendment | View on EDGAR |
| 2014-09-30 | 2014-11-14 | 13F-HR | View on EDGAR |
| 2014-06-30 | 2014-08-14 | 13F-HR | View on EDGAR |
| 2014-03-31 | 2014-05-15 | 13F-HR | View on EDGAR |
| 2013-12-31 | 2014-02-14 | 13F-HR | View on EDGAR |
| 2013-09-30 | 2013-11-14 | 13F-HR | View on EDGAR |
| 2013-06-30 | 2013-11-14 | Amendment | View on EDGAR |
| 2013-06-30 | 2013-08-15 | 13F-HR | View on EDGAR |
FAQ
What is Berkshire Hathaway Inc and what type of investor is it?
Berkshire Hathaway Inc is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $263.1B, spread across 90 disclosed positions.
What are Berkshire Hathaway Inc's largest equity positions?
Based on the latest 13F filing, Berkshire Hathaway Inc's top holdings by market value are:
1. Apple INC (AAPL) — $57.8B (22.0%)
2. American Express Co (AXP) — $45.9B (17.4%)
3. Coca-cola Co/the (KO) — $30.4B (11.6%)
4. Bank Of America CORP (BAC) — $25.0B (9.5%)
5. Chevron CORP (CVX) — $17.5B (6.6%)
What changes did Berkshire Hathaway Inc make in its most recent portfolio filing?
In the latest reported quarter, Berkshire Hathaway Inc made 29 notable position adjustments: 3 new positions were initiated, 4 existing holdings were added to, 6 positions were partially reduced, and 16 were completely exited. The largest of these moves: Sold out: Visa Inc-class A Shares (V); New buy: Delta Air Lines INC (DAL); Sold out: Mastercard INC - A (MA); Sold out: Unitedhealth Group INC (UNH); Sold out: Domino's Pizza INC (DPZ)
What sectors does Berkshire Hathaway Inc focus on?
Berkshire Hathaway Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 36.4%
• Information Technology: 23.0%
• Consumer Staples: 15.8%
• Energy: 13.3%
• Communication Services: 7.9%
• Health Care: 1.8%
Peer Institutions
Institutions with a similar AUM
BO
Bank Of Montreal /can/
CIK 0000927971
Total reported value
$268.5B
13,875 stks
2026-03-31
Concentration4.8
Portfolio Stability27.1
Sector conviction46.3
AUM within 2.1% of this institution
View detail
IL
IMC-Chicago, LLC
CIK 0001452861
Total reported value
$278.4B
6,112 stks
2026-03-31
Concentration9.3
Portfolio Stability34.3
Sector conviction73.7
AUM within 5.8% of this institution
View detail
Millennium Management LLC
CIK 0001273087
Total reported value
$240.3B
5,624 stks
2026-03-31
Concentration3.7
Portfolio Stability49.7
Sector conviction45.0
AUM within 8.7% of this institution
View detail
Similar Holdings Style
Institutions with overlapping top holdings
CR
Castle Rock Wealth Management, LLC
CIK 0001727605
Total reported value
$509.4M
268 stks
2026-06-30
Concentration4.9
Portfolio Stability24.7
Sector conviction67.0
3 of the top 5 holdings overlap, including Coca-cola Co/the
View detail
SF
Sarofim Fayez
CIK 0000315027
Total reported value
$20.5B
562 stks
2013-09-30
Stale — no recent filing
Concentration11.8
Portfolio Stability19.9
Sector conviction65.0
2 of the top 5 holdings overlap, including Coca-cola Co/the
View detail
S&
Searle & Co.
CIK 0000710127
Total reported value
$397.7M
194 stks
2026-03-31
Concentration7.0
Portfolio Stability18.7
Sector conviction41.6
2 of the top 5 holdings overlap, including Apple INC
View detail