Warren Buffett’s Berkshire Hathaway reports a $299.3 billion publicly traded portfolio for Q3 2026. Apple makes up 22% of the portfolio, valued at $65.95 billion, followed by American Express at 17.1%.
Berkshire Hathaway, Warren Buffett’s investment conglomerate, reported a $299.3 billion publicly traded portfolio for Q3 2026, spread across 26 distinct positions as per the SEC’s 13F filing.
Warren Buffett's Investment Philosophy
Warren Buffett employs a strategy known as "value investing," seeking out companies where the stock price is below the estimated intrinsic value. This approach relies on in-depth analysis of balance sheets, cash-flow generation capabilities, and the strength of competitive advantages (or "moats"). Buffett favors long-term oriented businesses with reliable management and a history of stable profitability. Historically, he has concentrated his capital in the financials, consumer staples sectors, and more recently technology, when he deems value criteria are met. The track record of Berkshire Hathaway shows capital growth under management that has significantly outpaced market averages over decades, driven by retained earnings and continuous reinvestment of cash flows generated by its subsidiaries and public equity holdings.
Major New Positions and Strengthenings
The 13F filing indicates the largest position is Apple Inc., valued at $65.95 billion (22.0% of the portfolio), with 227,917,808 shares held. The second position, American Express Co., represents $51.28 billion (17.1% of the portfolio) and includes 151,610,700 shares. Alphabet Inc. holds third place with $37.76 billion (12.6% of the portfolio) and 105,979,600 shares. Coca-Cola Co. is in fourth position, valued at $32.51 billion (10.9% of the portfolio) and held in the form of 400,000,000 shares. Bank of America Corp. rounds out fifth place with $27.54 billion (9.2% of the portfolio), and 483,394,015 shares. The remaining positions are Chevron Corporation ($13.99 billion, 4.7%), Occidental Petroleum Corp. ($12.87 billion, 4.3%), Chubb Limited ($11.67 billion, 3.9%), Moody’s Corp. ($11.17 billion, 3.7%), and Kraft Heinz Co. ($7.69 billion, 2.6%). The remaining 16 positions total $26.8 billion, or approximately 9% of the portfolio. Each percentage noted corresponds to the share of the total portfolio value, allowing visualization of the fund's focus on a limited number of high-perceived-value securities.
Cuts and Exits – What Buffett/Management is Leaving Behind
According to available information, the 13F filing mentions no position reductions or full exits for listed securities. The document does not provide a comparison with the previous quarter, making it impossible to quantify potential divestments based solely on this data. The absence of explicit mention of divestments indicates that, for the quarter closed, the declared positions remained in place or were strengthened without notable sales of significant shares.
Limitations of the 13F: What This Filing DOES NOT Say
The Form 13F only lists long positions in publicly traded U.S. stocks and does so within 45 days after the quarter closes. Therefore, movements occurring between the end of the quarter and the filing date (August 14, 2026) are not reflected. The filing excludes short positions, options, futures contracts, private investments, or investments outside U.S. markets. Additionally, the 13F does not reveal purchase prices, acquisition dates, or long-term holding intentions, limiting interpretation of the fund's strategic positioning. Investors should consult the complete filing on the SEC website for all reported information.
To view Berkshire Hathaway’s complete filing with the SEC, please visit the SEC EDGAR site.
