Berkshire Hathaway’s Q3 2026 13F filing reveals a stunning $299.25 billion portfolio comprising 29 entirely new positions. An unprecedented clean slate marks a dramatic strategic shift, concentrating capital heavily with 22.0% in 037833100, 17.1% in 025816109, and 10.9% in 191216100. Further, 02079K305 holds 9.4% and 060505104 commands 9.2%, together making the top five a concentrated 68.6% of the total.

Berkshire Hathaway committed $65.95 billion to Apple Inc., its largest Q3 purchase. America’s most valuable company represents a continued belief in powerful consumer brands and ecosystem dominance, generating substantial free cash. American Express Co. secured $51.28 billion, reinforcing a long-held stake in a financial services giant profiting from global transaction volumes. Coca-Cola Co. received $32.51 billion, a clear vote for enduring brand equity and predictable beverage sales worldwide. Buffett prioritizes companies commanding vast economic moats and dependable cash flow streams. He invests in market leaders, shunning complex enterprises for businesses whose value accrues steadily.

New purchases reflect a persistent strategy: simple business models, strong customer loyalty, and consistent capital generation. Alphabet Inc. attracted $28.16 billion, representing a bet on digital advertising’s enduring market dominance and expanding cloud infrastructure. Bank of America Corp. received $27.54 billion, affirming confidence in established financial institutions serving broad segments of the economy. Chevron Corporation absorbed $13.99 billion, signaling continued commitment to essential energy production and tangible asset businesses. Buffett favors enterprises delivering fundamental value, not speculative growth. These companies all possess deep economic moats, providing stability and predictable returns even in uncertain economic climates.