No. of Recommendations: 4
when selling then buying how do you execute? Sell first then buy new position or keep cash on hand?Thanks for that great table kerwin. It shows as you point out, the compounding effect really well, and has a strong correlation with holding period.
This is the more complete data (going back 38 years for the KO position) is here:
BERKSHIRE HATHAWAY - TOP 20 EQUITY POSITIONS (13F, 30 Jun 2026; filed 14 Aug 2026)
# TICKER COMPANY VALUE $B %PORT SINCE YRS COST $B RETURN GAIN $B
--- ----------- ------------------------ -------- ------ ------- ----- -------- ---------- ---------
1 AAPL Apple 65.95 22.04% Q1 2016 10.3 6.26* +954.4% +59.69
2 AXP American Express 51.28 17.14% 1995 31.5 1.29* +3,884.6% +49.99
3 GOOGL/GOOG Alphabet 37.76 12.62% Q3 2025 0.8 33.77 +11.8% +3.99
4 KO Coca-Cola 32.51 10.86% 1988 38.0 1.30* +2,402.5% +31.21
5 BAC Bank of America 27.54 9.20% Q3 2017 8.8 12.52 +120.0% +15.02
6 CVX Chevron 13.99 4.67% Q4 2020 5.5 10.83 +29.1% +3.16
7 OXY Occidental Petroleum 12.87 4.30% Q1 2022 4.3 14.36 -10.4% -1.50
8 CB Chubb 11.67 3.90% Q3 2023 2.8 8.01 +45.6% +3.66
9 MCO Moody's 11.17 3.73% 2000 26.0 0.25* +4,405.4% +10.93
10 KHC Kraft Heinz 7.69 2.57% 2013 13.0 9.80* -21.5% -2.11
11 DVA DaVita 6.43 2.15% Q4 2011 14.5 1.54 +316.6% +4.88
12 DAL Delta Air Lines 5.37 1.79% Q1 2026 0.3 3.99 +34.5% +1.38
13 SIRI Sirius XM Holdings 3.69 1.23% Q4 2016 9.5 3.36 +9.7% +0.33
14 VRSN VeriSign 2.26 0.76% Q4 2012 13.5 0.45 +398.4% +1.81
15 KR Kroger 2.17 0.72% Q4 2019 6.5 1.25 +73.0% +0.91
16 LLYVA/K Liberty Live Holdings 1.62 0.54% Q3 2023 2.8 0.51 +215.6% +1.11
17 ALLY Ally Financial 1.24 0.41% Q1 2022 4.3 1.14 +8.8% +0.10
18 LEN/LEN.B Lennar 1.21 0.41% Q1 2025 1.3 1.43 -15.5% -0.22
19 NYT New York Times 1.10 0.37% Q4 2025 0.5 1.11 -1.3% -0.01
20 COF Capital One Financial 0.60 0.20% Q1 2023 3.3 0.31 +92.9% +0.29
--- ----------- ------------------------ -------- ------ ------- ----- -------- ---------- ---------
TOP 20 298.12 99.62% 113.50 +162.7% +184.62
FULL 13F PORTFOLIO (26 issuers) 299.25 100.0%
* cost basis disclosed by Berkshire (2025 annual report). Others estimated from cumulative 13F
purchase history at reported quarterly average prices.
Returns EXCLUDING dividends.
GOOGL/GOOG includes the $10B private placement in Jun 2026, which lifted the average cost sharply.
- Manlobbi
