Berkshire Hathaway reveals 66% of equity portfolio concentrated in just five stocks

Berkshire Hathaway’s equity portfolio reads less like a diversified investment fund and more like a poker player who found five hands worth going all-in on. As of June 30, roughly 66% of the conglomerate’s US equity holdings sit in just five companies: American Express, Apple, Bank of America, Alphabet, and Coca-Cola. For a portfolio valued at approximately $263 billion as of the end of Q1, that level of concentration means well over $150 billion rides on the fortunes of a handful of corporate giants. The big five, broken down Apple remains the single largest position, representing roughly 22% of the portfolio at an estimated $58 billion as of March 31. American Express comes in second at about 17%, worth approximately $46 billion. Coca-Cola holds steady at around 12%, or $30 billion. Bank of America rounds out the legacy positions at roughly 10%, valued near $25 billion. The newest entrant to the top-five club is Alphabet. On June 1, Berkshire agreed to a $10 billion private placement investment in Google’s parent company. Combined with prior purchases, the total valuation of Berkshire’s Alphabet stake now exceeds $30 billion. Buffett himself confirmed he personally initiated the ...