Warren Buffett's Berkshire Hathaway Holds $299.3 Billion Across 26 Positions in Q3 2026
Under Warren Buffett’s leadership, Berkshire Hathaway reported a $299.3 billion portfolio spread across 26 positions in Q3 2026. Apple, American Express, and Alphabet alone account for over 50% of the total.
Berkshire Hathaway, the conglomerate led by Warren Buffett, reported a publicly held portfolio of $299.3 billion as of the end of Q3 2026, spread across 26 distinct positions.
Warren Buffett's Investment Philosophy at Berkshire Hathaway
Warren Buffett employs what is called a "value" approach, seeking out companies where the stock price is below his estimated intrinsic value while favoring sustainable competitive advantages, high-quality management, and stable cash flow generation. Over decades, the fund has delivered superior returns compared to market averages through a discipline of long-term holding and purchasing. Historically favored sectors include financial services, consumer staples, information technology with strong margins, and energy, reflecting Buffett's preference for simple and predictable economic models.
Key New Positions and Strengths
The 13F filing reveals that Apple Inc. remains the largest position at $65.95 billion (22.0% of the portfolio), equivalent to 227,917,808 shares. American Express Co. ranks second with $51.28 billion (17.1% of the portfolio) and 151,610,700 shares. Alphabet Inc. is third at $37.76 billion (12.6% of the portfolio) for 105,979,600 shares. Coca-Cola Co. represents $32.51 billion (10.9%) in 400 million shares, while Bank of America Corp. totals $27.54 billion (9.2%) across 483,394,015 shares. Energy sector positions include Chevron Corporation at $13.99 billion (4.7%) and Occidental Petroleum Corp. at $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, approximately 9% of the overall portfolio.
Cuts and Exits – What Buffett/Management is Leaving Behind
The 13F filing does not detail changes to each position compared to the previous quarter. Without explicit indications of divestments or reductions, it is noted that no complete exits are mentioned in the filing. Positions not listed among the top ten may have been reduced or maintained, but the document does not provide numerical data on this.
The Limitations of the 13F: What This Filing Doesn’t Say
The 13F must be filed within 45 days after the end of the quarter, meaning the figures reflect the situation on the last day of the quarter but may be slightly dated at publication time. The filing only lists long positions in U.S.-listed stocks; it excludes short positions, options, futures contracts, as well as stakes in unlisted companies or foreign assets. Therefore, the overall view of the portfolio is not exhaustive and does not allow for an assessment of the fund's total market risk exposure.
