BERKSHIRE ASSET MANAGEMENT LLC/PA

CIK

949012

Location

WILKES BARRE, PA

Portfolio Value

Small $388,484,224

Diversification

Diversified

Filing Date

Global Rank

#1,190 / 8,586 ▲ 15

Top Industry

Drug Manufacturers - General 9.8%

3Y Alpha vs SPY

-5.5%

Period ended 3 months ago

Filed May 11, 2026 · 36d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+54.9%

SPY

+78.1%

Annualised alpha

-5.5%

Max drawdown

−14.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

5.0%

−0.6 pts

Top 5

19.9%

−1.2 pts

Top 10

34.5%

−0.9 pts

HHI

230

Diversified−2

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	18.9%	$388,484,224	36
Technology	18.7%	$383,630,775	27
Industrials	16.8%	$345,956,723	38
Healthcare	11.8%	$242,738,945	24
Consumer Defensive	10.5%	$214,890,817	17
Energy	9.1%	$186,670,143	13
Consumer Cyclical	6.8%	$138,982,902	21
Basic Materials	3.1%	$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	$48,833,103
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
GOOGL	Alphabet Inc.	+2,655	20,739	$5,963,706
LMT	Lockheed Martin Corp	+2,587	85,956	$51,950,946
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
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	Exxon Mobil 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
VTRS	Viatris Inc	−595	21,867	$295,423
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
CTRA	Coterra Energy Inc.	6,275	$220,503
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
No positions match the current search.

Sold Out

Positions the filer fully exited

15 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
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
HPQ	Hp Inc	9,192	$204,797
COR	Cencora, Inc.	598	$201,974
BDX	Becton Dickinson & Co	1,087	$165,844
DVLT	Datavault AI Inc.	10,000	$6,500
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

36 positions · $388,484,224 total · Financial Services only · as of Mar 31, 2026

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

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%	26.22%
BAC	Bank Of America Corp /De/ Financial Services	Added	1,173,442	+2,317	$57,205,297	−11.2%	14.73%
MTB	M&T Bank Corp Financial Services	Added	244,256	+3,313	$50,492,600	+4.0%	13.00%
CB	Chubb Ltd Financial Services	Added	128,652	+313	$41,931,546	+4.7%	10.79%
PNC	Pnc Financial Services Group, Inc. Financial Services	Added	199,273	+206	$41,466,718	−0.2%	10.67%
SCHW	Schwab Charles Corp Financial Services	Added	406,658	+1,293	$38,217,718	−5.6%	9.84%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	237,109	-342	$18,876,247	−14.7%	4.86%
C	Citigroup Inc Financial Services	Reduced	78,590	-12	$8,912,891	−2.8%	2.29%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	16,054	-1,149	$7,693,076	−11.0%	1.98%
BX	Blackstone Inc. Financial Services	Reduced	23,778	-452	$2,734,232	−26.8%	0.70%
AXP	American Express Co Financial Services	Added	8,658	+95	$2,618,871	−17.3%	0.67%
MS	Morgan Stanley Financial Services	Added	11,891	+89	$1,956,901	−6.6%	0.50%
V	Visa Inc. Financial Services	Reduced	4,957	-527	$1,498,203	−22.1%	0.39%
GS	Goldman Sachs Group Inc Financial Services	Reduced	1,718	-114	$1,453,410	−9.7%	0.37%
CBU	Community Financial System, Inc. Financial Services	Reduced	21,514	-737	$1,261,796	−1.3%	0.32%
PNFP	Pinnacle Financial Partners, Inc. Financial Services	NEW	11,347	NEW	$977,430	NEW	0.25%
FITB	Fifth Third Bancorp Financial Services	Held	20,000	0	$929,200	−0.7%	0.24%
PGR	Progressive Corp/Oh/ Financial Services	Reduced	4,203	-982	$833,202	−29.4%	0.21%
BLK	BlackRock, Inc. Financial Services	Added	776	+48	$746,286	−4.2%	0.19%
NWBI	Northwest Bancshares, Inc. Financial Services	Held	51,348	0	$651,606	+5.7%	0.17%
PFIS	Peoples Financial Services Corp. Financial Services	Held	11,188	0	$596,656	+9.5%	0.15%
MA	Mastercard Inc Financial Services	Reduced	1,186	-49	$592,596	−15.9%	0.15%
BNY	Bank of New York Mellon Corp Financial Services	Added	4,506	+907	$534,546	+27.9%	0.14%
AMP	Ameriprise Financial Inc Financial Services	Reduced	1,126	-135	$500,394	−19.1%	0.13%
MKL	Markel Group Inc. Financial Services	Held	239	0	$457,462	−11.0%	0.12%
COF	Capital One Financial Corp Financial Services	Held	2,436	0	$444,399	−24.7%	0.11%
CBOE	Cboe Global Markets, Inc. Financial Services	Reduced	1,320	-215	$371,012	−3.7%	0.10%
KKR	KKR & Co. Inc. Financial Services	Added	3,825	+8	$353,812	−27.3%	0.09%
AFL	Aflac Inc Financial Services	Reduced	3,012	-148	$330,446	−5.2%	0.09%
FNB	Fnb Corp/Pa/ Financial Services	Held	19,756	0	$330,320	−2.2%	0.09%
CME	Cme Group Inc. Financial Services	Added	1,108	+26	$327,247	+10.8%	0.08%
WSBC	Wesbanco Inc Financial Services	Held	8,316	0	$286,818	+3.8%	0.07%
AJG	Arthur J. Gallagher & Co. Financial Services	Reduced	1,270	-7	$275,056	−16.8%	0.07%
BAM	Brookfield Asset Management Ltd. Financial Services	Added	5,926	+50	$263,410	−14.4%	0.07%
RJF	Raymond James Financial Inc Financial Services	Held	1,733	0	$250,921	−9.8%	0.06%
MHD	Blackrock Muniholdings Fund, Inc. Financial Services	NEW	20,614	NEW	$232,525	NEW	0.06%