Warren Buffett's Berkshire Hathaway Holds $299.3 Billion in 26 Positions for Q3 2026

Berkshire Hathaway, the conglomerate led by Warren Buffett, reported a marketable portfolio of $299.3 billion as of the end of Q3 2026, composed of 26 distinct positions.

Warren Buffett's Investment Philosophy at Berkshire Hathaway

Warren Buffett employs what is known as a "value investing" approach, which involves purchasing companies whose intrinsic value exceeds their market price. This strategy relies on in-depth fundamental analysis, focusing on predictable cash flows, strong balance sheets, and capable management teams. The investor favors long-term holdings, avoiding speculative movements and short-term positions. Historically, the fund has concentrated its investments in stable sectors such as financial services, consumer staples, and energy, while maintaining a selective exposure to high-profitability technology.

Key New Positions and Strengths

The 13F filing reveals that the top ten holdings total $255.0 billion, representing 85% of the reported portfolio. Apple Inc. leads with $65.95 billion, accounting for 22.0% of the total and corresponding to 227,917,808 shares. American Express Co. follows with $51.28 billion (17.1% of the portfolio) and 151,610,700 shares. Alphabet Inc. ranks third, valued at $37.76 billion (12.6%) for 105,979,600 shares. Coca-Cola Co. holds $32.51 billion (10.9%) in 400,000,000 shares, while Bank of America Corp. represents $27.54 billion (9.2%) with 483,394,015 shares. Energy sector positions include Chevron Corporation ($13.99 billion, 4.7%) and Occidental Petroleum Corp. ($12.87 billion, 4.3%). The portfolio also includes 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 9% of the portfolio, but their details are not provided in the summary.

Cuts and Exits – What Buffett/the Manager is Leaving Behind

The 13F filing mentions no full exits or specific reductions for the quarter under consideration. Without explicit indications, it is impossible to determine which stocks were sold or reduced compared to previous filings. The filing is limited to the state of positions on the last day of the quarter, without providing historical comparisons.

Limitations of the 13F: What This Filing DOES NOT Say

The Form 13F only lists long positions held in U.S.-listed securities, with a 45-day publication delay after the end of the quarter. Short positions, options, futures contracts, and foreign holdings are not included. Additionally, the filing does not reveal the amounts invested in private subsidiaries, private equity placements, or unlisted assets, which may represent a significant portion of Berkshire Hathaway's total wealth. Finally, the data does not specify exact dates of purchase or sale, nor the strategic reasons underlying each move.

To view the full filing, visit the official SEC EDGAR website at the following link: https://www.sec.gov/Archives/edgar/data/1067983/000119312526352200/0001193125-26-352200-index.htm.