Berkshire Hathaway: Q3 2026 13F Portfolio Totals $299.3 Billion, Apple Leading
Berkshire Hathaway reports $299.3 billion in positions for Q3 2026. Apple makes up 22% of the portfolio, followed by American Express, Alphabet, and Coca-Cola.
Berkshire Hathaway, led by Warren Buffett, filed its Q3 2026 13F with the SEC. The reported equity portfolio totals $299.3 billion across 26 positions. Apple leads with $65.95 billion, representing 22.0% of the portfolio.
Warren Buffett, the legendary value investor, focuses on businesses with sustainable competitive advantages, capable management, and predictable cash flows. Since the 1960s, he has built an exceptional track record, transforming Berkshire Hathaway into a diversified conglomerate. His approach emphasizes long-term investing, avoids excessive leverage, and favors defensive sectors like consumer goods, finance, and energy. The current portfolio reflects this strategy: strong brands (Coca-Cola, American Express) and stable industries (banking, insurance, oil).
Key New Positions and Strengthens
The 13F doesn't detail intra-quarter transactions, but changes in holdings compared to the previous quarter indicate adjustments. According to available data, Berkshire increased its position in Occidental Petroleum to $12.87 billion (4.3% of the portfolio), holding 264.9 million shares. This reflects Buffett's strategy of increasing exposure to undervalued energy sectors. Other major positions remain stable, but the weight of Apple (22%) and American Express (17.1%) highlights a focus on high-franchise businesses.
Cuts and Exits â What Buffett is Leaving Behind
The 13F doesn't explicitly mention full exits, but reductions can be inferred from changes in share counts. For example, the position in Bank of America decreased to 483.4 million shares from 1.032 billion in the prior quarter (based on public data), indicating a significant sale. Similarly, the stake in Apple was slightly reduced, dropping to 227.9 million shares from 300 million, though the value remains substantial. These moves suggest Buffett is taking profits on strong performers while reallocating to sectors like energy.
Limitations of the 13F: What This Filing Doesn't Say
The 13F is filed within 45 days after quarter-end, so the data reflects positions as of September 30, 2026, with a lag. It only covers long U.S. equities and certain options, excluding short positions, bonds, cash, and private investments. Additionally, Berkshire Hathaway holds numerous non-listed subsidiaries not included in this filing. Thus, this document provides only a partial view of the strategy. Investors should consult the full filing on SEC EDGAR for more details.
