Warren Buffett - Berkshire Hathaway
Berkshire Hathaway
Latest 13F filing
Q4 2025
filed Feb 17, 2026
Portfolio value
$274.16B
Positions
42
Top 10 concentration
88.3%
QoQ change
+2.6%
+$6.83B
Activity vs. Q3 2025
4
New positions
4
Added to
25
Unchanged
9
Reduced
17
Exited
Portfolio composition — Q4 2025
- AAPLAPPLE INC22.6%
- AXPAMERICAN EXPRESS CO20.5%
- BACBANK AMERICA CORP10.4%
- KOCOCA COLA CO10.2%
- CVXCHEVRON CORP NEW7.2%
- MCOMOODYS CORP4.6%
- OXYOCCIDENTAL PETE CORP4.0%
- CBCHUBB LIMITED3.9%
- KHCKRAFT HEINZ CO2.9%
- GOOGLALPHABET INC2.0%
- Other32 more positions11.7%
Top buys
New & added positions, by size
Holdings as of Q4 2025
| # | Ticker | Issuer | Shares | Value | % Portfolio | Reported price | Action | Δ Shares |
|---|---|---|---|---|---|---|---|---|
| 1 | AAPL | APPLE INC | 227,917,808 | $61.96B | 22.60% | $271.86 | REDUCE | -4.3% |
| 2 | AXP | AMERICAN EXPRESS CO | 151,610,700 | $56.09B | 20.46% | $369.95 | — | 0% |
| 3 | BAC | BANK AMERICA CORP | 517,295,934 | $28.45B | 10.38% | $55.00 | REDUCE | -8.9% |
| 4 | KO | COCA COLA CO | 400,000,000 | $27.96B | 10.20% | $69.91 | — | 0% |
| 5 | CVX | CHEVRON CORP NEW | 130,156,362 | $19.84B | 7.24% | $152.41 | ADD | +6.6% |
| 6 | MCO | MOODYS CORP | 24,669,778 | $12.60B | 4.60% | $510.85 | — | 0% |
| 7 | OXY | OCCIDENTAL PETE CORP | 264,941,431 | $10.89B | 3.97% | $41.12 | — | 0% |
| 8 | CB | CHUBB LIMITED | 34,249,183 | $10.69B | 3.90% | $312.12 | ADD | +9.3% |
| 9 | KHC | KRAFT HEINZ CO | 325,634,818 | $7.90B | 2.88% | $24.25 | — | 0% |
| 10 | GOOGL | ALPHABET INC | 17,846,142 | $5.59B | 2.04% | $313.00 | — | 0% |
| 11 | DVA | DAVITA INC | 31,759,065 | $3.61B | 1.32% | $113.61 | REDUCE | -1.2% |
| 12 | KR | KROGER CO | 50,000,000 | $3.12B | 1.14% | $62.48 | — | 0% |
| 13 | V | VISA INC | 8,297,460 | $2.91B | 1.06% | $350.71 | — | 0% |
| 14 | SIRI | SIRIUS XM HOLDINGS INC | 124,807,117 | $2.50B | 0.91% | $20.00 | — | 0% |
| 15 | MA | MASTERCARD INCORPORATED | 3,986,648 | $2.28B | 0.83% | $570.88 | — | 0% |
| 16 | VRSN | VERISIGN INC | 8,989,880 | $2.18B | 0.80% | $242.95 | — | 0% |
| 17 | STZ | CONSTELLATION BRANDS INC | 13,000,000 | $1.79B | 0.65% | $137.96 | REDUCE | -3.0% |
| 18 | COF | CAPITAL ONE FINL CORP | 7,150,000 | $1.73B | 0.63% | $242.36 | — | 0% |
| 19 | UNH | UNITEDHEALTH GROUP INC | 5,039,564 | $1.66B | 0.61% | $330.11 | — | 0% |
| 20 | DPZ | DOMINOS PIZZA INC | 3,350,000 | $1.40B | 0.51% | $416.82 | ADD | +12.3% |
| 21 | ALLY | ALLY FINL INC | 29,000,000 | $1.31B | 0.48% | $45.29 | — | 0% |
| 22 | AON | AON PLC | 3,602,995 | $1.27B | 0.46% | $352.88 | REDUCE | -12.1% |
| 23 | NUE | NUCOR CORP | 6,407,749 | $1.05B | 0.38% | $163.11 | — | 0% |
| 24 | LLYVK | LIBERTY LIVE HOLDINGS INC | 10,917,661 | $907.91M | 0.33% | $83.16 | NEW | — |
| 25 | LEN | LENNAR CORP | 7,050,950 | $724.84M | 0.26% | $102.80 | — | 0% |
| 26 | POOL | POOL CORP | 3,068,885 | $702.01M | 0.26% | $228.75 | REDUCE | -11.3% |
| 27 | AMZN | AMAZON COM INC | 2,276,000 | $525.35M | 0.19% | $230.82 | REDUCE | -77.2% |
| 28 | LPX | LOUISIANA PAC CORP | 5,664,793 | $457.49M | 0.17% | $80.76 | — | 0% |
| 29 | LLYVA | LIBERTY LIVE HOLDINGS INC | 4,986,588 | $406.41M | 0.15% | $81.50 | NEW | — |
| 30 | NYT | NEW YORK TIMES CO | 5,065,744 | $351.66M | 0.13% | $69.42 | NEW | — |
| 31 | HEI/A | HEICO CORP NEW | 1,294,612 | $326.80M | 0.12% | $252.43 | — | 0% |
| 32 | FWONK | LIBERTY MEDIA CORP DEL | 3,018,555 | $297.36M | 0.11% | $98.51 | NEW | — |
| 33 | CHTR | CHARTER COMMUNICATIONS INC N | 1,060,882 | $221.46M | 0.08% | $208.75 | — | 0% |
| 34 | LAMR | LAMAR ADVERTISING CO NEW | 1,202,410 | $152.20M | 0.06% | $126.58 | ADD | +0.0% |
| 35 | ALLE | ALLEGION PLC | 780,133 | $124.21M | 0.05% | $159.22 | — | 0% |
| 36 | NVR | NVR INC | 11,112 | $81.04M | 0.03% | $7292.77 | — | 0% |
| 37 | JEF | JEFFERIES FINL GROUP INC | 433,558 | $26.87M | 0.01% | $61.97 | — | 0% |
| 38 | DEO | DIAGEO PLC | 227,750 | $19.65M | 0.01% | $86.27 | — | 0% |
| 39 | LILA | LIBERTY LATIN AMERICA LTD | 2,396,665 | $17.71M | 0.01% | $7.39 | REDUCE | -8.9% |
| 40 | LEN/B | LENNAR CORP | 180,980 | $17.21M | 0.01% | $95.12 | — | 0% |
| 41 | LILAK | LIBERTY LATIN AMERICA LTD | 1,284,020 | $9.58M | 0.00% | $7.46 | — | 0% |
| 42 | BATRK | ATLANTA BRAVES HLDGS INC | 115,428 | $4.55M | 0.00% | $39.45 | REDUCE | -48.4% |
Positions exited in Q4 2025
| Ticker | Issuer | Prior shares |
|---|---|---|
| LLYVA* | LIBERTY MEDIA CORP DEL | 4,986,588 |
| FWONKUSD | LIBERTY MEDIA CORP DEL | 3,018,555 |
| LM0C | LIBERTY MEDIA CORP DEL | 0 |
| 22941EUR | LIBERTY MEDIA CORP DEL | 0 |
| HPQ | HP INC | 0 |
| LLYVK* | LIBERTY MEDIA CORP DEL | 10,917,661 |
| 0VVB | PARAMOUNT GLOBAL | 0 |
| TMUS | T-MOBILE US INC | 0 |
| SIRIEUR | SIRIUS XM HOLDINGS INC | 0 |
| SPY | SPDR S&P 500 ETF TR | 0 |
| VOO | VANGUARD INDEX FDS | 0 |
| ULTA | ULTA BEAUTY INC | 0 |
| FND | FLOOR & DECOR HLDGS INC | 0 |
| C | CITIGROUP INC | 0 |
| SNOW | SNOWFLAKE INC | 0 |
| NU | NU HLDGS LTD | 0 |
| DHI | D R HORTON INC | 0 |
Source: SEC EDGAR 13F-HR filing Feb 17, 2026. Reported prices are derived from the filing's value-to-shares ratio (effectively the quarter-end mark). Filings are published with a 45-day delay. CIK 0001067983.