Berkshire Hathaway's Warren Buffett Disclosed His Complete $313 Billion Stock Portfolio: Here Are All 46 Holdings

A Legend’s Final Investment Blueprint Before Retirement

Warren Buffett is stepping down as CEO of Berkshire Hathaway at the end of 2025, marking the conclusion of a transformative decades-long tenure that reshaped global investing. As this era closes, investors are intensely studying his latest portfolio moves—a detailed snapshot that reveals the strategies behind one of history’s most successful investment records. Berkshire Hathaway’s current equity holdings span 46 distinct stocks valued at approximately $313 billion, according to the most recent regulatory filings through August 14, 2025. This document serves as a masterclass in value investing philosophy.

The Concentration Strategy: Why Buffett’s Top 10 Holdings Matter

A striking characteristic of Warren Buffett’s investment approach is his willingness to concentrate capital on his highest-conviction ideas. Despite maintaining what appears to be broad diversification, Berkshire Hathaway’s 10 largest positions account for roughly 82.1% of the entire equity portfolio—a bold statement about conviction investing.

The core holdings reveal a fascinating pattern. Apple commands the largest position at $75.9 billion (24.2% of portfolio), followed by American Express at $54.6 billion (17.4%). These aren’t speculative bets—they represent relationships Buffett has cultivated over decades. Bank of America ($32.2B, 10.3%), Coca-Cola ($27.6B, 8.8%), and Chevron ($18.8B, 6%) round out the top tier.

The remaining core holdings—Moody’s ($11.8B, 3.8%), Occidental Petroleum ($10.9B, 3.5%), Mitsubishi ($9.3B, 3%), Kraft Heinz ($8.0B, 2.6%), and Itochu ($7.8B, 2.5%)—demonstrate how Buffett continues to identify undervalued assets across geographies and sectors. These positions showcase his enduring preference for dividend-paying stocks and established market leaders.

The Secondary Tier: Strategic Diversification Across 14 Positions

Beyond the top 10, a secondary tier of 14 holdings accounts for approximately 14.8% of Berkshire Hathaway’s portfolio, representing a shift toward greater diversification while maintaining quality standards.

This layer includes insurance specialist Chubb Limited ($7.5B, 2.4%), Japanese trading companies Mitsui & Co ($7.2B, 2.3%) and Marubeni ($3.8B, 1.2%), alongside American institutional staples like Kroger ($3.3B, 1%), Visa ($2.9B, 0.9%), and Mastercard ($2.2B, 0.7%). Several represent recent acquisitions—UnitedHealth Group ($1.7B, 0.6%) was added earlier in 2025 following market volatility, and Chubb Limited joined the portfolio in 2023.

Notably, this tier includes Amazon ($2.2B, 0.7%)—a position that highlights Buffett’s acknowledged regret about missing the e-commerce giant’s early growth. Investment managers at Berkshire Hathaway eventually added this position, though it remains modest compared to traditional holdings. Positions like Sirius XM Holdings ($2.9B, 0.9%), VeriSign ($2.1B, 0.7%), and Constellation Brands ($1.7B, 0.6%) demonstrate selective exposure to evolving market segments.

The Long Tail: 22 Smaller Positions Worth Nearly $10 Billion

The remaining 22 holdings compose just 3% of Berkshire Hathaway’s equity portfolio but represent nearly $10 billion in aggregate capital—illustrating how thoughtfully capital is deployed even at smaller scales.

This category spans Aon PLC ($1.3B, 0.4%), Ally Financial ($1.1B, 0.4%), Domino’s Pizza ($1.1B, 0.3%), Nucor ($1.0B, 0.3%), Pool Corp ($1.0B, 0.3%), Lennar ($0.9B, 0.3%), and various Liberty Media subsidiaries. Even positions valued below $100 million—such as D.R. Horton, Charter Communications, Heico, Allegion, and Atlanta Braves Holdings—merit inclusion in Buffett’s actively managed portfolio.

The Warren Buffett Investment Portfolio Mystery: $344 Billion in Cash

Perhaps the most intriguing element of Berkshire Hathaway’s financial structure isn’t what’s invested, but what remains uninvested. The company currently maintains $344.1 billion in cash and equivalents—exceeding the total market value of its entire $313 billion stock portfolio. This figure surpasses the combined market capitalization of most S&P 500 constituents.

This massive cash accumulation represents a philosophical tension that will define post-Buffett analysis for years. The legendary investor is renowned for discipline—refusing to deploy capital unless valuations justify the risk. Yet simultaneously, holding such extraordinary dry powder during a multi-year bull market raises fundamental questions about opportunity cost and market timing.

For context, the average investor benefit from dollar-cost averaging and staying invested rather than attempting market timing. Yet Buffett’s massive cash position suggests either extreme caution about current valuations or deliberate positioning for future market dislocations. Understanding which interpretation proves correct will be instructive for understanding the final chapter of Warren Buffett’s investment career.

What the Portfolio Reveals About Buffett’s Enduring Philosophy

The 46-stock Warren Buffett investment portfolio speaks to fundamental principles that transcended decades: focus on quality businesses with strong competitive advantages, patience in building positions, preference for dividend-generating assets, and systematic diversification balanced against conviction betting. The contrast between his concentrated top tier and the long tail of smaller positions represents the full spectrum of opportunity capture—from mega-conviction plays to opportunistic nibbles.

As Berkshire Hathaway transitions leadership, this portfolio snapshot will serve as a Rosetta Stone for understanding how Warren Buffett’s investment philosophy synthesized risk management with wealth creation.