BERKSHIRE ASSET MANAGEMENT LLC/PA — 13F Holdings & Portfolio
CIK 949012 · latest 13F-HR filed 2026-05-11
BERKSHIRE ASSET MANAGEMENT LLC/PA manages $2.33B in 13F-reported U.S. long-equity assets across 265 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are JPM (4.37%), ABBV (3.55%), CVX (3.49%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 21 new positions, exited 19, added to 96, and trimmed 82.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$2.33B
Long-equity book
265
Distinct positions
2026-03-31
Filed 2026-05-11
+21 / −19 / ↑96 / ↓82
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- CHEVRON CORPORATION$21.7M +36.4%
- EOG RES INC$13.0M +46.4%
- DELL TECHNOLOGIES INC$12.2M +31.3%
- LOCKHEED MARTIN CORP$11.6M +28.8%
- JOHNSON & JOHNSON$9.1M +17.5%
Top Trims
- MICROSOFT CORP-$18.4M -20.7%
- QUALCOMM INC-$12.5M -24.4%
- JPMORGAN CHASE & CO-$10.4M -9.3%
- BANK AMERICA CORP-$7.2M -11.2%
- ABBOTT LABORATORIES-$6.2M -16.5%
New Positions
- VERSANT MEDIA GROUP INC$1.2M
- MAPLEBEAR INC$1.1M
- PINNACLE FINL PARTNERS INC$977.4K
- MOHAWK INDS INC$758.1K
- ISHARES TR$586.2K
Exited Positions
- EXPEDIA GROUP INC$3.0M
- SOLSTICE ADVANCED MATLS INC$2.5M
- ASTRAZENECA PLC$971.2K
- PINNACLE FINL PARTNERS INC$555.4K
- SPDR SERIES TRUST$502.9K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | JPMORGAN CHASE & CO | JPM | 46625H100 | $101.9M | 4.37% | 346,340 | SH |
| 2 | ABBVIE INC | ABBV | 00287Y109 | $82.8M | 3.55% | 380,870 | SH |
| 3 | CHEVRON CORPORATION | CVX | 166764100 | $81.5M | 3.49% | 393,783 | SH |
| 4 | APPLE INC | AAPL | 037833100 | $71.5M | 3.07% | 281,756 | SH |
| 5 | MICROSOFT CORP | MSFT | 594918104 | $70.5M | 3.02% | 190,355 | SH |
| 6 | CISCO SYS INC | CSCO | 17275R102 | $66.9M | 2.87% | 861,657 | SH |
| 7 | JOHNSON & JOHNSON | JNJ | 478160104 | $61.0M | 2.62% | 249,741 | SH |
| 8 | NUCOR CORP | NUE | 670346105 | $60.9M | 2.61% | 360,065 | SH |
| 9 | BANK AMERICA CORP | BAC | 060505104 | $57.2M | 2.45% | 1,173,442 | SH |
| 10 | WASTE MGMT INC DEL | WM | 94106L109 | $54.8M | 2.35% | 238,681 | SH |
| 11 | TE CONNECTIVITY PLC | TEL | G87052109 | $52.4M | 2.25% | 250,634 | SH |
| 12 | LOCKHEED MARTIN CORP | LMT | 539830109 | $52.0M | 2.23% | 85,956 | SH |
| 13 | DELL TECHNOLOGIES INC | DELL | 24703L202 | $51.1M | 2.19% | 311,632 | SH |
| 14 | M & T BK CORP | MTB | 55261F104 | $50.5M | 2.17% | 244,256 | SH |
| 15 | HONEYWELL INTL INC | HON | 438516106 | $48.8M | 2.09% | 216,047 | SH |
| 16 | WALMART INC | WMT | 931142103 | $47.8M | 2.05% | 384,220 | SH |
| 17 | NORFOLK SOUTHN CORP | NSC | 655844108 | $44.7M | 1.92% | 155,740 | SH |
| 18 | PPL CORP | PPL | 69351T106 | $44.0M | 1.89% | 1,152,847 | SH |
| 19 | CHUBB LTD SWITZ | CB | H1467J104 | $41.9M | 1.80% | 128,652 | SH |
| 20 | PNC FINL SVCS GROUP INC | PNC | 693475105 | $41.5M | 1.78% | 199,273 | SH |
| 21 | EMERSON ELEC CO | EMR | 291011104 | $41.4M | 1.78% | 316,076 | SH |
| 22 | KINDER MORGAN INC DEL | KMI | 49456B101 | $41.0M | 1.76% | 1,222,679 | SH |
| 23 | EOG RES INC | EOG | 26875P101 | $40.9M | 1.75% | 282,563 | SH |
| 24 | DEERE & CO | DE | 244199105 | $40.6M | 1.74% | 72,147 | SH |
| 25 | MCDONALDS CORP | MCD | 580135101 | $39.7M | 1.70% | 127,867 | SH |
| 26 | QUALCOMM INC | QCOM | 747525103 | $38.8M | 1.66% | 301,081 | SH |
| 27 | SCHWAB CHARLES CORP | SCHW | 808513105 | $38.2M | 1.64% | 406,658 | SH |
| 28 | BRISTOL-MYERS SQUIBB CO | BMY | 110122108 | $36.0M | 1.54% | 593,856 | SH |
| 29 | LOWES COS INC | LOW | 548661107 | $35.8M | 1.53% | 151,353 | SH |
| 30 | MONDELEZ INTL INC | MDLZ | 609207105 | $34.4M | 1.47% | 596,035 | SH |
| 31 | PROCTER & GAMBLE CO | PG | 742718109 | $33.4M | 1.43% | 231,405 | SH |
| 32 | ABBOTT LABORATORIES | ABT | 002824100 | $31.5M | 1.35% | 306,714 | SH |
| 33 | HERSHEY CO | HSY | 427866108 | $30.6M | 1.31% | 147,259 | SH |
| 34 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $30.1M | 1.29% | 1,215,330 | SH |
| 35 | SPDR SERIES TRUST | SPSM | 78468R853 | $28.2M | 1.21% | 583,909 | SH |
| 36 | PEPSICO INC | PEP | 713448108 | $27.5M | 1.18% | 176,906 | SH |
| 37 | LENNAR CORP | LEN | 526057104 | $27.3M | 1.17% | 314,480 | SH |
| 38 | SMITH A O CORP | AOS | 831865209 | $26.2M | 1.12% | 397,432 | SH |
| 39 | WP CAREY INC | WPC | 92936U109 | $22.5M | 0.96% | 330,788 | SH |
| 40 | SCHWAB STRATEGIC TR | SCHM | 808524508 | $22.1M | 0.95% | 715,433 | SH |
| 41 | VANGUARD INTL EQUITY INDEX F | VEU | 922042775 | $20.3M | 0.87% | 270,017 | SH |
| 42 | WELLS FARGO & CO | WFC | 949746101 | $18.9M | 0.81% | 237,109 | SH |
| 43 | VANGUARD INDEX FDS | VO | 922908629 | $18.4M | 0.79% | 64,074 | SH |
| 44 | PULTE GROUP INC | PHM | 745867101 | $15.9M | 0.68% | 134,957 | SH |
| 45 | GENERAL MILLS INC | GIS | 370334104 | $15.8M | 0.68% | 425,612 | SH |
| 46 | VANGUARD INDEX FDS | VB | 922908751 | $14.8M | 0.64% | 56,691 | SH |
| 47 | CONOCOPHILLIPS | COP | 20825C104 | $13.3M | 0.57% | 100,560 | SH |
| 48 | SCHWAB STRATEGIC TR | SCHG | 808524300 | $12.4M | 0.53% | 424,873 | SH |
| 49 | COCA COLA CO | KO | 191216100 | $11.3M | 0.49% | 149,210 | SH |
| 50 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $11.1M | 0.48% | 17,072 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-11 | $2.33B | 265 | 0001398344-26-008838 |
| 2025-12-31 | 2026-02-17 | $2.28B | 262 | 0001398344-26-003197 |
| 2025-09-30 | 2025-11-07 | $2.35B | 297 | 0001398344-25-020486 |