BERKSHIRE ASSET MANAGEMENT LLC/PA

CIK

949012

Location

WILKES BARRE, PA

Portfolio Value

Mid $2,004,392,984

Diversification

Diversified

Filing Date

Global Rank

#1,197 / 8,629 ▲ 18 · as of Mar 2026

Top Industry

Drug Manufacturers - General 10.1%

3Y Alpha vs SPY

-3.6%

Period ended 4 months ago

Filed May 11, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+63.7%

SPY

+78.8%

Annualised alpha

-3.5%

Max drawdown

−14.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

203 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.1%

−0.5 pts

Top 5

20.4%

−1.1 pts

Top 10

35.4%

−0.7 pts

HHI

236

Diversified+0

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	19.4%	$388,484,224	36
Technology	19.1%	$383,346,600	27
Industrials	14.7%	$294,989,137	38
Healthcare	12.1%	$242,738,945	24
Consumer Defensive	10.7%	$214,890,817	17
Energy	9.3%	$186,449,640	13
Consumer Cyclical	6.9%	$138,982,902	21
Basic Materials	3.2%	$63,281,417	4
Utilities	2.4%	$48,850,077	5
Communication Services	1.2%	$24,735,516	10
Unclassified	0.7%	$14,180,475	6
Real Estate	0.2%	$3,463,234	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CPB	CAMPBELL'S Co	+34,400	107,123	$2,385,629
MDLZ	Mondelez International, Inc.	+31,929	596,035	$34,355,457
GIS	General Mills Inc	+25,870	425,612	$15,841,278
EOG	Eog Resources Inc	+16,920	282,563	$40,850,132
PPL	PPL Corp	+16,791	1,152,847	$44,038,755
KO	Coca Cola Co	+12,097	149,210	$11,347,420
LEN	Lennar Corp /New/	+11,984	314,480	$27,309,443
LEG	Leggett & Platt Inc	+11,500	48,042	$474,654
BMY	Bristol Myers Squibb Co	+11,222	593,856	$36,017,366
AOS	Smith A O Corp	+8,402	397,432	$26,206,666
AAPL	Apple Inc.	+8,252	281,756	$71,506,855
HON	Honeywell International Inc	+8,187	216,047	$0
MSFT	Microsoft Corp	+6,604	190,355	$70,463,710
ABT	Abbott Laboratories	+5,646	306,714	$31,490,326
PG	PROCTER & GAMBLE Co	+5,213	231,405	$33,424,138
AMZN	Amazon Com Inc	+5,156	42,305	$8,810,862
UBER	Uber Technologies, Inc	+4,820	9,956	$716,135
KMI	Kinder Morgan, Inc.	+4,720	1,222,679	$40,996,426
ABBV	AbbVie Inc.	+3,922	380,870	$82,835,416
WM	Waste Management Inc	+3,393	238,681	$54,846,506
MTB	M&T Bank Corp	+3,313	244,256	$50,492,600
PEP	Pepsico Inc	+2,864	176,906	$27,471,732
FAST	Fastenal Co	+2,658	11,554	$536,105
LMT	Lockheed Martin Corp	+2,587	85,956	$51,950,946
BAC	Bank Of America Corp /De/	+2,317	1,173,442	$57,205,297
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	−43,121	23,681	$1,045,042
GOOGL	Alphabet Inc.	−18,599	20,739	$5,963,706
ET	Energy Transfer LP	−9,620	21,471	$414,390
WMT	Walmart Inc.	−6,827	384,220	$47,750,861
KHC	Kraft Heinz Co	−5,792	113,456	$2,551,625
PFE	Pfizer Inc	−5,293	94,145	$2,643,591
VZ	Verizon Communications Inc	−4,990	41,921	$2,104,434
ORCL	Oracle Corp	−4,565	15,957	$2,347,434
CSCO	Cisco Systems, Inc.	−4,461	861,657	$66,855,966
MRP	Millrose Properties, Inc.	−3,792	105,181	$2,945,068
UPS	United Parcel Service Inc	−2,329	5,317	$523,086
JPM	Jpmorgan Chase & Co	−2,090	346,340	$101,879,374
ADP	Automatic Data Processing Inc	−1,877	18,727	$3,804,951
XOM	ExxonMobil Holdings Corp	−1,683	33,863	$5,745,196
JNJ	Johnson & Johnson	−1,406	249,741	$61,046,690
DIS	Walt Disney Co	−1,246	85,915	$8,280,487
NSC	Norfolk Southern Corp	−1,195	155,740	$44,697,380
BRK-B	Berkshire Hathaway Inc	−1,149	16,054	$7,693,076
MDT	Medtronic plc	−1,124	45,234	$3,919,526
PHM	Pultegroup Inc/Mi/	−1,045	134,957	$15,872,292
PGR	Progressive Corp/Oh/	−982	4,203	$833,202
BP	Bp PLC	−844	5,509	$258,923
CBU	Community Financial System, Inc.	−737	21,514	$1,261,796
MCD	Mcdonalds Corp	−678	127,867	$39,739,784
HD	Home Depot, Inc.	−618	8,425	$2,770,898
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
VSNT	Versant Media Group, Inc.	31,838	$1,178,642
CART	Maplebear Inc.	30,505	$1,142,717
PNFP	Pinnacle Financial Partners, Inc.	11,347	$977,430
MHK	Mohawk Industries Inc	7,700	$758,142
SO	Southern Co	3,057	$295,061
GLW	Corning Inc /Ny	1,950	$265,141
NFLX	Netflix Inc	2,550	$245,182
ETN	Eaton Corp plc	678	$242,500
GILD	Gilead Sciences, Inc.	1,735	$241,806
SPHR	Sphere Entertainment Co.	2,000	$234,800
Q	Qnity Electronics, Inc.	2,017	$232,721
MHD	Blackrock Muniholdings Fund, Inc.	20,614	$232,525
LUV	Southwest Airlines Co	5,643	$212,007
PCAR	Paccar Inc	1,813	$209,401
VLO	Valero Energy Corp/Tx	844	$208,535
TT	Trane Technologies plc	492	$205,036
NOC	Northrop Grumman Corp /De/	297	$202,625
MPC	Marathon Petroleum Corp	824	$201,204
IAU	Ishares Gold Trust	2,278	$200,828
CTRA	Coterra Energy Inc.	6,275	$0
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
WPC	W. P. Carey Inc.	328,144	$21,119,347
EXPE	Expedia Group, Inc.	10,453	$2,961,439
SOLS	Solstice Advanced Materials Inc.	52,166	$2,534,224
BF-A	Brown Forman Corp	59,199	$1,542,725
BUD	Anheuser-Busch InBev SA/NV	6,005	$384,560
USB	US Bancorp De	6,764	$360,927
TTE	TotalEnergies SE	4,095	$267,894
TSCO	Tractor Supply Co /De/	5,281	$264,102
FCX	Freeport-Mcmoran Inc	4,961	$251,969
ZTS	Zoetis Inc.	1,977	$248,746
BN	BROOKFIELD Corp /ON/	4,630	$212,470
D	Dominion Energy, Inc	3,625	$212,388
BDX	Becton Dickinson & Co	1,087	$210,954
HPQ	Hp Inc	9,192	$204,797
COR	Cencora, Inc.	598	$201,974
DVLT	Datavault AI Inc.	10,000	$6,500
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

203 tracked positions · $2,004,392,984 total · filing declares 265 positions · $2,332,089,484 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 203 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
JPM	Jpmorgan Chase & Co Financial Services	Reduced	346,340	-2,090	$101,879,374	−9.3%	5.08%
ABBV	AbbVie Inc. Healthcare	Added	380,870	+3,922	$82,835,416	−3.8%	4.13%
CVX	Chevron Corp Energy	Added	393,783	+1,731	$81,473,702	+36.4%	4.06%
AAPL	Apple Inc. Technology	Added	281,756	+8,252	$71,506,855	−3.8%	3.57%
MSFT	Microsoft Corp Technology	Added	190,355	+6,604	$70,463,710	−20.7%	3.52%
CSCO	Cisco Systems, Inc. Technology	Reduced	861,657	-4,461	$66,855,966	+0.2%	3.34%
JNJ	Johnson & Johnson Healthcare	Reduced	249,741	-1,406	$61,046,690	+17.5%	3.05%
NUE	Nucor Corp Basic Materials	Added	360,065	+1,293	$60,886,991	+4.0%	3.04%
BAC	Bank Of America Corp /De/ Financial Services	Added	1,173,442	+2,317	$57,205,297	−11.2%	2.85%
WM	Waste Management Inc Industrials	Added	238,681	+3,393	$54,846,506	+6.1%	2.74%
TEL	TE Connectivity plc Technology	Reduced	250,634	-320	$52,387,518	−8.2%	2.61%
LMT	Lockheed Martin Corp Industrials	Added	85,956	+2,587	$51,950,946	+28.8%	2.59%
DELL	Dell Technologies Inc. Technology	Added	311,632	+2,205	$51,148,160	+31.3%	2.55%
MTB	M&T Bank Corp Financial Services	Added	244,256	+3,313	$50,492,600	+4.0%	2.52%
WMT	Walmart Inc. Consumer Defensive	Reduced	384,220	-6,827	$47,750,861	+9.6%	2.38%
NSC	Norfolk Southern Corp Industrials	Reduced	155,740	-1,195	$44,697,380	−1.4%	2.23%
PPL	PPL Corp Utilities	Added	1,152,847	+16,791	$44,038,755	+10.7%	2.20%
CB	Chubb Ltd Financial Services	Added	128,652	+313	$41,931,546	+4.7%	2.09%
PNC	Pnc Financial Services Group, Inc. Financial Services	Added	199,273	+206	$41,466,718	−0.2%	2.07%
EMR	Emerson Electric Co Industrials	Reduced	316,076	-351	$41,412,277	−1.4%	2.07%
KMI	Kinder Morgan, Inc. Energy	Added	1,222,679	+4,720	$40,996,426	+22.4%	2.05%
EOG	Eog Resources Inc Energy	Added	282,563	+16,920	$40,850,132	+46.4%	2.04%
DE	Deere & Co Industrials	Added	72,147	+581	$40,640,405	+22.0%	2.03%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	127,867	-678	$39,739,784	+1.2%	1.98%
QCOM	Qualcomm Inc/De Technology	Added	301,081	+1,420	$38,773,211	−24.4%	1.93%
SCHW	Schwab Charles Corp Financial Services	Added	406,658	+1,293	$38,217,718	−5.6%	1.91%
BMY	Bristol Myers Squibb Co Healthcare	Added	593,856	+11,222	$36,017,366	+14.6%	1.80%
LOW	Lowes Companies Inc Consumer Cyclical	Added	151,353	+347	$35,761,686	−1.8%	1.78%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	596,035	+31,929	$34,355,457	+13.1%	1.71%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	231,405	+5,213	$33,424,138	+3.1%	1.67%
ABT	Abbott Laboratories Healthcare	Added	306,714	+5,646	$31,490,326	−16.5%	1.57%
HSY	Hershey Co Consumer Defensive	Added	147,259	+1,105	$30,613,673	+15.1%	1.53%
PEP	Pepsico Inc Consumer Defensive	Added	176,906	+2,864	$27,471,732	+10.0%	1.37%
LEN	Lennar Corp /New/ Consumer Cyclical	Added	314,480	+11,984	$27,309,443	−12.2%	1.36%
AOS	Smith A O Corp Industrials	Added	397,432	+8,402	$26,206,666	+0.7%	1.31%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	237,109	-342	$18,876,247	−14.7%	0.94%
PHM	Pultegroup Inc/Mi/ Consumer Cyclical	Reduced	134,957	-1,045	$15,872,292	−0.5%	0.79%
GIS	General Mills Inc Consumer Defensive	Added	425,612	+25,870	$15,841,278	−14.8%	0.79%
COP	Conocophillips Energy	Reduced	100,560	-463	$13,273,920	+40.4%	0.66%
KO	Coca Cola Co Consumer Defensive	Added	149,210	+12,097	$11,347,420	+18.4%	0.57%
SPY	Spdr S&P 500 ETF Trust	Reduced	17,072	-314	$11,102,604	−6.4%	0.55%
AMGN	Amgen Inc Healthcare	Reduced	26,738	-498	$9,407,765	+5.5%	0.47%
C	Citigroup Inc Financial Services	Reduced	78,590	-12	$8,912,891	−2.8%	0.44%
AMZN	Amazon Com Inc Consumer Cyclical	Added	42,305	+5,156	$8,810,862	+2.8%	0.44%
DIS	Walt Disney Co Communication Services	Reduced	85,915	-1,246	$8,280,487	−16.5%	0.41%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	16,054	-1,149	$7,693,076	−11.0%	0.38%
AVGO	Broadcom Inc. Technology	Reduced	20,790	-446	$6,434,712	−12.5%	0.32%
GE	General Electric Co Industrials	Reduced	21,917	-28	$6,219,387	−8.0%	0.31%
GOOGL	Alphabet Inc. Communication Services	Reduced	20,739	-18,599	$5,963,706	−51.6%	0.30%
XOM	ExxonMobil Holdings Corp Energy	Reduced	33,863	-1,683	$5,745,196	+34.3%	0.29%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.