Warren Buffett's Portfolio

Holdings and investment positions

Warren Buffett's portfolio includes Berkshire Hathaway's public equities and wholly owned businesses, plus earlier Buffett Partnership holdings. A 13F report covers only part of Berkshire and should not be mistaken for Buffett's personal brokerage account or the whole conglomerate.

Major public-equity holdings

American Express: Berkshire built a long-term position in a payments franchise with a valuable customer network and brand.

Coca-Cola: Purchased heavily beginning in 1988 and retained as a major consumer-franchise holding.

Apple: Berkshire began buying in 2016, eventually making it its largest listed-equity position before reducing the stake.

Bank of America: Built after Buffett's crisis-era preferred investment and later reduced as Berkshire changed its bank exposure.

Occidental Petroleum, Kraft Heinz, and Chubb: Recent filings have included meaningful positions in energy, consumer products, and insurance. Status and weight can change after each reporting date.

Major wholly owned businesses

GEICO and other insurers: Insurance operations generate underwriting earnings and float used across Berkshire.

BNSF and Berkshire Hathaway Energy: Railroad and utility assets represent large, capital-intensive operating businesses.

See's Candies and numerous industrial, service, and retail subsidiaries: These do not appear in the 13F portfolio.

Historical holdings

Buffett Partnership and Berkshire records also include Sanborn Map, Dempster Mill, Washington Post, GEICO, Gillette, Wells Fargo, and many positions later sold. Buffett's personal assets are not identical to Berkshire's holdings.

How to read this list

Use Berkshire's latest annual report and quarterly filings for dated status. Best Investments should analyze selected cases; this page maps what was owned and through which vehicle.