Warren Buffett's Portfolio Has Half Its Stock Money in Just Three Names
Berkshire Hathaway’s stock portfolio, as disclosed in its latest 13F filing for the quarter ended June 30, 2026, is heavily concentrated. Apple (AAPL), American Express (AXP), and Coca-Cola (KO) account for nearly half of Berkshire's reported equity holdings by weight. Specifically, Apple holds a 22% stake while American Express accounts for 17%, together making up almost 40%. Coca-Cola’s position has remained unchanged since 1988 with consistent dividend growth. These three stocks are long-standing investments in Buffett’s portfolio and represent consumer-facing franchises known for pricing power. The disclosed stock holdings do not include Berkshire's cash, Treasury securities, or wholly owned businesses like BNSF Railway and GEICO. Therefore, while these names dominate the equity portion of the portfolio, they don't reflect half of Berkshire's overall assets. Apple’s recent performance has been strong with a 16% year-over-year revenue increase in its June quarter to $109 billion. The company also executed significant stock buybacks during this period, indirectly increasing Berkshire's ownership stake without active trading.
Topics: 13F Filing Berkshire Hathaway Stock Portfolio Warren Buffett