Berkshire Hathaway Holds $65.95 Billion in Apple – 22% of Q3 2026 Portfolio
Berkshire Hathaway, led by Warren Buffett, reports a portfolio of $299.3 billion as of September 30, 2026. The Apple position amounts to $65.95 billion, representing 22% of the total, followed by American Express at 17.1%.
Warren Buffett follows a "value" approach, which involves purchasing high-quality businesses at prices below their intrinsic value, with a preference for sustainable business models and stable cash flows. The fund has historically favored sectors such as consumer staples, financial services, and energy, while maintaining a selective exposure to essential technology companies. Over several decades, Berkshire's track record has been characterized by superior market performance, supported by slow portfolio turnover and active management of major stakes.
Key New Positions and Strengths
The Q3 2026 filing reveals the top ten positions, expressed in value and as a percentage of the declared portfolio. Apple Inc. holds the largest position with $65.95 billion, representing 22.0% of the total, and includes 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 with $37.76 billion (12.6%) for 105,979,600 shares. Coca-Cola Co. is at $32.51 billion (10.9%) with 400,000,000 shares. Bank of America Corp. figures at $27.54 billion (9.2%) and 483,394,015 shares. Chevron Corporation, Occidental Petroleum Corp., Chubb Limited, Moody’s Corp., and Kraft Heinz Co. round out the top ten with respective weights of 4.7%, 4.3%, 3.9%, 3.7%, and 2.6% of the portfolio. The remaining 16 positions total $26.8 billion, or approximately 9% of the portfolio, spread across various sectors including industrials, healthcare, and business services. No figures on changes are provided in the filing, so exact movements compared to the previous quarter remain unknown.
Cuts and Exits – What Buffett is Leaving Behind
The 13F report mentions no full exits of securities during the quarter, and no specific reductions are provided. According to available information, the listed positions remain valid as of the quarter's closing date, with no notable signs of divestment.
The Limits of the 13F: What This Filing DOESN'T Say
The Form 13F, required by the SEC, reflects only long equity positions in U.S.-listed securities and does not include short positions, options, futures contracts, or non-U.S. securities. Additionally, the filing must be submitted within 45 days after the end of the quarter, introducing a lag that may mask recent portfolio adjustments. Finally, the amounts reported are based on market value on the last day of the quarter, without considering intraday fluctuations or acquisition costs.
