Berkshire Hathaway Holds $299.3B in Listed Stocks Q3 2026, Apple Leading
Berkshire Hathaway's listed portfolio reaches $299.3B in Q3 2026, with Apple as the top holding (22%). 13F data shows focus on financial and consumer stocks.
Berkshire Hathaway, led by Warren Buffett, reported a total of $299.3 billion in listed stock holdings as of the third quarter 2026, according to its 13F filing with the SEC. The portfolio includes 26 positions, with the top ten representing approximately 91% of the total value. The largest holding is Apple Inc., valued at $65.95 billion, or 22.0% of the portfolio, followed by American Express ($51.28 billion, 17.1%) and Alphabet ($37.76 billion, 12.6%).
Warren Buffett, the legendary value investor, focuses on companies with sustainable competitive advantages, capable management, and predictable cash flows. Berkshire Hathaway has built an extraordinary decades-long track record, outperforming the S&P 500 on an annualized basis. The current portfolio reflects this approach: top-tier companies like Coca-Cola, American Express, and Moody's, which generate stable revenue and strong pricing power. Buffett favors sectors such as consumer staples, financials, and energy, with a preference for large-cap enterprises.
Key New Positions and Strengthens
The Q3 2026 13F filing does not specify exact moves for each stock, but the composition shows significant exposure to financial and tech giants. Among major positions, American Express saw its stake increase to 151.6 million shares, representing 17.1% of the portfolio. Similarly, Bank of America holds 483.4 million shares, or 9.2% of the portfolio. It is likely that Berkshire has strengthened these positions, but the provided data does not distinguish between net buys and sells.
Cuts and Exits â What Buffett is Exiting
The 13F filing shows no complete exits from positions, but some holdings may have been reduced. For example, Apple's stake is 227.9 million shares, down from previous quarters, suggesting partial sales. Similarly, Coca-Cola holds 400 million shares, unchanged for several years. The 13F filing does not detail intra-quarter transactions, but the total portfolio value increased, indicating asset appreciation rather than massive buying.
Limitations of the 13F: What This Filing Doesn't Say
The 13F form is a mandatory filing for asset managers with over $100 million in assets, but it has significant limitations. Positions are reported within a 45-day window after the quarter's end, so the data as of September 30, 2026, does not reflect subsequent transactions. Additionally, the 13F only covers long positions in U.S.-listed equities; it excludes short positions, options, bonds, and international investments. Thus, Berkshire Hathaway may have significant non-reported positions, such as private investments or stakes in unlisted companies. Investors should interpret these figures with caution.
