Buffett’s Last 13F as Berkshire Turns the Page

Key Highlights Berkshire Hathaway’s equity portfolio rose to approximately 274 billion dollars in the fourth quarter of 2025. Nearly seventy percent of disclosed holdings remain concentrated in five core stocks. Apple and Bank of America were trimmed as capital gains were consolidated. Insurance and energy exposure expanded through Chubb and Chevron. Long term compounders such as American Express and Coca Cola remain firmly in place. A Historic Handover Framed by Enduring Capital...