Published: 2026-09-23 · Data: 2026-Q2 13F Filings
Warren Buffett's Berkshire Hathaway Inc reported 29 positions in its Q2 2026 13F filing, and just five stocks account for 68.7% of the reported portfolio. The quarter's clearest move was into Alphabet: both share classes, GOOGL and GOOG, were added to.
Top 5 concentration
Apple (22.0%), American Express (17.1%), Coca-Cola (10.9%), Alphabet (GOOGL) (9.4%) and Bank of America (9.2%) together make up 68.7% of Berkshire's Q2 2026 reported portfolio. Apple, American Express and Coca-Cola were all left unchanged for the quarter, while Bank of America was trimmed and Alphabet was added to. Note that GOOGL and GOOG are two share classes of the same company, Alphabet; combined, Alphabet's two listings are 12.6% of the portfolio, which would rank it third by that measure. That means four of Berkshire's top five reported positions — Apple, American Express, Coca-Cola and Bank of America — did not change hands at all, or in Bank of America's case only shrank; the only top-five stock actually being bought this quarter was Alphabet.
Top 5 holdings at a glance
| Rank | Stock | % of portfolio | Status |
|---|---|---|---|
| 1 | AAPL | 22.0% | Unchanged |
| 2 | AXP | 17.1% | Unchanged |
| 3 | KO | 10.9% | Unchanged |
| 4 | GOOGL | 9.4% | Added |
| 5 | BAC | 9.2% | Trimmed |
Outside the top five, the portfolio thins out fast: the sixth-largest holding, Chevron, is just 4.7% of the book, and the bottom ten positions combined are worth less than 1% of the portfolio. Berkshire's 29 reported positions are heavily front-loaded into a small number of long-held names, a pattern readers can compare against other large managers using fund rankings.
Full holdings table
| Stock | Shares Q2 2026 | Shares Q1 2026 | Share change | Status | % of portfolio |
|---|---|---|---|---|---|
| AAPL | 227.9M | 227.9M | 0 | Unchanged | 22.0% |
| AXP | 151.6M | 151.6M | 0 | Unchanged | 17.1% |
| KO | 400.0M | 400.0M | 0 | Unchanged | 10.9% |
| GOOGL | 78.8M | 54.2M | +24.5M | Added | 9.4% |
| BAC | 483.4M | 513.6M | -30.2M | Trimmed | 9.2% |
| CVX | 84.4M | 84.4M | 0 | Unchanged | 4.7% |
| OXY | 264.9M | 264.9M | 0 | Unchanged | 4.3% |
| CB | 34.2M | 34.2M | 0 | Unchanged | 3.9% |
| MCO | 24.7M | 24.7M | 0 | Unchanged | 3.7% |
| GOOG | 27.2M | 3.6M | +23.6M | Added | 3.2% |
| KHC | 325.6M | 325.6M | 0 | Unchanged | 2.6% |
| DVA | 28.9M | 30.1M | -1.2M | Trimmed | 2.1% |
| DAL | 57.3M | 39.8M | +17.5M | Added | 1.8% |
| SIRI | 124.8M | 124.8M | 0 | Unchanged | 1.2% |
| VRSN | 9.0M | 9.0M | 0 | Unchanged | 0.8% |
| KR | 39.0M | 50.0M | -11.0M | Trimmed | 0.7% |
| ALLY | 27.0M | 29.0M | -2.0M | Trimmed | 0.4% |
| LEN | 13.1M | 10.1M | +3.0M | Added | 0.4% |
| LLYVK | 10.6M | 10.6M | 0 | Unchanged | 0.4% |
| NYT | 15.7M | 15.1M | +0.6M | Added | 0.4% |
| COF | 3.0M | 7.2M | -4.2M | Trimmed | 0.2% |
| LLYVA | 5.0M | 5.0M | 0 | Unchanged | 0.2% |
| LPX | 5.7M | 5.7M | 0 | Unchanged | 0.1% |
| NUE | 1.9M | 3.9M | -2.0M | Trimmed | 0.1% |
| M | 7.3M | 3.0M | +4.3M | Added | 0.1% |
| NVR | 11,112 | 11,112 | 0 | Unchanged | 0.03% |
| LEN/B | 298,117 | 237,703 | +60,414 | Added | 0.01% |
| JEF | 433,558 | 433,558 | 0 | Unchanged | 0.01% |
| DHI | 3,564 | 0 | +3,564 | New | 0.0002% |
| STZ | 0 | 632,890 | -632,890 | Exited | 0.0% |
What was added
Seven positions were added to this quarter: GOOGL (+24.5M shares), GOOG (+23.6M shares), Delta Air Lines (+17.5M shares), Lennar (+3.0M shares), Macy's (+4.3M shares), New York Times (+0.6M shares) and Lennar Class B (+60,414 shares). Alphabet's two share classes are the standout: combined, Berkshire added roughly 48.1 million Alphabet shares across GOOGL and GOOG this quarter. The GOOG stake grew more than sevenfold, from 3.6 million to 27.2 million shares, while GOOGL grew about 45%, from 54.2 million to 78.8 million shares. Delta Air Lines was the next-largest add by share count, up 17.5 million shares, or roughly 44% more shares than it held in Q1 2026. Whether this reflects a broader rotation toward large-cap technology and travel is a question the filing data alone can't answer — it shows only the position change, not the reasoning.
What was trimmed
Six positions were reduced: Bank of America (-30.2M shares), Kroger (-11.0M shares), Nucor (-2.0M shares), Capital One (-4.2M shares), Ally Financial (-2.0M shares) and DaVita (-1.2M shares). Bank of America remains a top-5 holding at 9.2% of the portfolio even after the trim, though the reduction (roughly 5.9% of the prior share count) is Berkshire's largest single share-count cut this quarter. Capital One's cut was proportionally the deepest: the position fell from 7.15 million shares to 3.0 million, a reduction of 58%. Nucor was cut by 52.5% of its prior share count, the second-steepest proportional trim in the portfolio.
New position
D.R. Horton is the only brand-new name in the Q2 2026 filing, a 3,564-share stake worth a negligible 0.0002% of the reported portfolio — a toehold position by any measure, and far smaller than any other single-digit-percentage holding in the book.
Exited
Constellation Brands was fully exited, down from 632,890 shares in Q1 2026 to zero. It is the only complete exit in the Q2 2026 filing, and it had been a relatively minor position even before the sale.
Unchanged
Sixteen of the 29 positions were left untouched, including the three largest holdings — Apple, American Express and Coca-Cola — plus Chevron, Occidental Petroleum, Chubb, Moody's, Kraft Heinz, Sirius XM, Verisign, Liberty Media (both LLYVK and LLYVA), Louisiana-Pacific, NVR and Jefferies Financial Group.
How to Use This Data
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Frequently Asked Questions
How many positions did Berkshire Hathaway report for Q2 2026?
29 positions, per the Q2 2026 13F filing.
What is Berkshire Hathaway's largest holding?
Apple, at 22.0% of the reported portfolio, followed by American Express (17.1%) and Coca-Cola (10.9%).
Did Berkshire Hathaway buy more Alphabet stock in Q2 2026?
Yes. Shares of both GOOGL (+24.5M) and GOOG (+23.6M) were added to during the quarter.
What did Berkshire Hathaway sell out of completely in Q2 2026?
Constellation Brands (STZ) was the only full exit, down from 632,890 shares to zero.
Did Berkshire Hathaway open any new positions in Q2 2026?
One: a small stake in D.R. Horton (DHI), 3,564 shares.
Which Berkshire Hathaway position was cut the most in percentage terms?
Capital One (COF) saw the deepest proportional cut, falling from 7.15 million to 3.0 million shares, a reduction of 58%.
Methodology: Counts include every 13F filer (hedge funds, asset managers, banks, advisers). New/closed positions compare only managers that filed both Q1 and Q2 2026. Options (puts/calls) excluded. Conviction is position size as a percentage of the manager's own reported portfolio. Stocks whose CUSIP changed this quarter (spin-offs, re-domiciles) are excluded from buy/sell rankings. 13F filings are due up to 45 days after quarter end, cover US long equity positions only (no shorts, no cash, no bonds), and options are excluded from these counts. See fund rankings and sector flows for broader context, or check crowding scores and fund overlap on these names. Source data: SEC EDGAR 13F filings, processed by 13Foresight.
Compare this fund with 8,000+ others →Source: 13Foresight analysis of SEC Form 13F filings. 13F data reflects long US equity positions held at quarter-end and is filed up to 45 days after quarter close. This article is for information only and is not investment advice.