Berkshire Hathaway Reports $299.3 Billion in Assets; Apple Remains Largest Position at $65.95 Billion
Berkshire Hathaway, managed by Warren Buffett, reported a portfolio of $299.3 billion as of September 30, 2026. Apple accounts for 22% of the total, followed by American Express (17.1%) and Alphabet (12.6%).
Buffett favors the purchase of high-quality businesses at reasonable prices, focusing on their ability to generate sustainable cash flows and the strength of their competitive advantages, often referred to as "moats."
The fund adopts a long-term approach, avoiding frequent turnover and limiting exposure to cyclical sectors while maintaining a preference for U.S.-listed equities.
Key New Positions and Strengths
The 13F filing reveals that the top ten positions account for 101.5% of the reported portfolio, totaling $299.3 billion, with Apple leading at $65.95 billion (22.0% of the total), followed by American Express at $51.28 billion (17.1%) and Alphabet at $37.76 billion (12.6%).
The technology sector is represented by Apple and Alphabet, accounting for nearly 34.7% of the portfolio, reflecting Buffett's confidence in high-margin business models and recurring cash flows.
The financial sector is highlighted by American Express (17.1%) and Bank of America (9.2%), emphasizing a preference for institutions with strong payment networks and prudent credit management.
The consumer staples sector appears through Coca-Cola (10.9%) and Kraft Heinz (2.6%), two historic investments where Buffett has long bet on brand loyalty and stable margins.
The energy segment includes Chevron (4.7%) and Occidental Petroleum (4.3%), indicating moderate exposure to hydrocarbons while maintaining sector diversification.
The portfolio also includes Chubb (3.9%) in insurance, Moody's (3.7%) in financial services, and a notable position in the paper and packaging industry through Kraft Heinz.
Cuts and Exits â What Buffett/the Manager is Leaving Behind
The filing mentions no full exits or substantial reductions in existing positions during the quarter, as the published data only includes holdings and quantities as of the closing date.
Without comparative information from the previous quarter, it's impossible to identify specific divestments based solely on the provided 13F filing.
The Limits of the 13F: What This Filing DOESN'T Say
The 13F form must be filed within 45 days after the end of the quarter, meaning the positions reflect the portfolio as of September 30, 2026, but do not capture transactions made after that date.
The filing only includes long positions in U.S.-listed stocks; it excludes short sales, options, non-U.S. listed securities, and investments in private equity funds or bonds.
As a result, the view presented does not reveal the entirety of Berkshire Hathaway's global exposure, particularly its private holdings such as Berkshire Hathaway Energy activities or investments in non-listed companies.
To review the complete document, readers can access the official filing on the SEC website via the following link: https://www.sec.gov/Archives/edgar/data/1067983/000119312526352200/0001193125-26-352200-index.htm.
