Berkshire Hathaway Portfolio
The Oracle of Omaha
Warren Buffett is arguably the greatest investor of all time. His strategy of buying high-quality businesses with “economic moats” at fair prices has delivered compound returns for decades. Here is his current portfolio update.
Investment Style Comparison
Buffett’s approach focuses on business fundamentals rather than stock price movements.
| Feature | Warren Buffett (Value) | Typical Wall St. (Momentum) |
|---|---|---|
| Core Focus | Economic Moats. (Brand, network effect, cost advantage). | Price trends, hype, and quarterly earnings beats. |
| Time Horizon | “Our favorite holding period is forever.” | Days, weeks, or quarters. |
| Risk Management | Margin of Safety. Buying below intrinsic value. | Stop-loss orders and diversification. |
| Cash Strategy | Hoards cash to deploy during crises. | Fully invested to match benchmark. |
Warren Buffett is the Chairman and CEO of Berkshire Hathaway. A student of Benjamin Graham, Buffett evolved the philosophy of “cigar butt” investing into buying wonderful businesses at fair prices. He is known for his frugality, rationality, and patience.
Under his leadership, Berkshire Hathaway has grown from a failing textile mill into a massive conglomerate owning businesses like GEICO, BNSF Railway, and a public equity portfolio worth hundreds of billions.
The Strategy: Moats & Management
Buffett looks for four key characteristics in a business:
- Simple and Understandable: He sticks to his “Circle of Competence.”
- Durable Competitive Advantage (Moat): Protection against competitors (e.g., Coke’s brand, Apple’s ecosystem).
- Honest & Competent Management: Leaders who love the business, not the money.
- Attractive Price: A price that offers a margin of safety against errors.
Berkshire Hathaway Top Holdings (Q3 2025)
Based on latest 13F Filings. Logos fetched live.
| Company | Name | % Portfolio |
|---|---|---|
 AppleAAPL | Apple Inc. | ~28.0% |
American ExpressAXP | American Express Co. | ~17.0% |
Bank of AmericaBAC | Bank of America Corp. | ~9.0% |
Coca-ColaKO | The Coca-Cola Company | ~11.0% |
ChevronCVX | Chevron Corporation | ~6.2% |
OccidentalOXY | Occidental Petroleum | ~5.1% |
Kraft HeinzKHC | The Kraft Heinz Co. | ~4.2% |
ChubbCB | Chubb Limited | ~3.3% |
AlphabetGOOGL | Alphabet Inc. | ~1.6% |
UnitedHealthUNH | UnitedHealth Group | ~1.1% |
2025 Activity Breakdown
| Asset | Action |
|---|---|
Alphabet (GOOGL) | New Buy. A major surprise entry (~17.8M shares) into Big Tech/AI. |
Chubb (CB) | Added (+15.9%). Continued accumulation of the “Mystery” insurance stake. |
Domino’s Pizza (DPZ) | Added (+13.2%). Increasing conviction in this consumer franchise. |
Apple (AAPL) | Reduced (-14.9%). Significant reduction (~41.7M shares sold), locking in gains. |
Bank of America (BAC) | Reduced (-6.15%). Trimming the financial sector exposure. |
D.R. Horton (DHI) | Sold Out. Complete exit from this homebuilder. |
| Asset | Action |
|---|---|
UnitedHealth (UNH) | New Buy. Entered healthcare sector with ~5M shares. |
Lennar (LEN) | Added (+265%). Aggressive bet on housing construction. |
Pool Corp (POOL) | Added (+136%). Doubling down on the niche leisure monopoly. |
T-Mobile US (TMUS) | Sold Out. Complete exit from telecom. |
| Asset | Action |
|---|---|
Nucor (NUE) | New Buy. Initiated position in steel/materials (~5.7M shares). |
Constellation Brands (STZ) | Added (+113%). Major increase in the beer/spirits giant. |
Citigroup (C) | Sold Out. Exited the bank turnaround play completely. |
Frequently Asked Questions
Buffett has accumulated a record cash pile (invested in short-term Treasuries) because he currently struggles to find large businesses at “fair prices.” The Treasuries offer a risk-free yield while he waits for a market correction or a major acquisition opportunity.
The 13F is a quarterly report required by the SEC for institutional investment managers with over $100 million in qualifying assets. It discloses their U.S. equity holdings. For Buffett watchers, it is the primary source to see what stocks Berkshire is buying or selling, though it does not show international stocks or cash.
No. While Buffett manages the vast majority of the portfolio (including Apple, Amex, Coke), his investment deputies Todd Combs and Ted Weschler manage a portion of the assets. They are often responsible for smaller positions or newer tech/consumer entries like Domino’s or Pool Corp.
Buffett loves receiving dividends from his holdings (like Coke and Apple) because they provide cash to reinvest. However, Berkshire Hathaway itself does not pay a dividend. Buffett believes he can create more value for shareholders by reinvesting the earnings back into the company than by paying them out.
📈 📩 Get Alerts When Top Value Investors Buy
Build wealth by tracking top investors’ trades, rooted in strong fundamentals.
- 🔔 Instant Alerts: Catch undervalued stocks.
- ⏱️ Save Time: Skip deep research.