Q2 2026 13F · SEC CIK 949012

Berkshire Asset Management Llc/pa

Asset managerFiled 2026-08-05 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.5B
Reported positions: 270
Top holdings a year, 3 yrs: +17.8%
Average holding period: 10.2 yrs

Berkshire Asset Management Llc/pa is an asset manager that reported 270 positions worth $2.5B in its Q2 2026 13F, filed 2026-08-05. Its largest holdings were Jpmorgan Chase & Co (JPM, 4.5%), Dell Technologies Inc (DELL, 4.4%), Cisco Sys Inc (CSCO, 4.0%). A portfolio copying its top holdings returned 17.8% a year over the last 3 years, against 20.4% for the S&P 500.

Berkshire Asset Management Llc/pa holdings largest 50 of 270 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Berkshire Asset Management Llc/pa 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
JPMJpmorgan Chase & Co	4.5%	4.4%	346,587	+0.1%	$113.4M
DELLDell Technologies Inc	4.4%	2.2%	257,813	-17.3%	$111.2M
CSCOCisco Sys Inc	4.0%	2.9%	861,826	+0.0%	$101.2M
ABBVAbbvie Inc	3.8%	3.6%	381,518	+0.2%	$96.0M
AAPLApple Inc	3.2%	3.1%	281,752	-0.0%	$81.5M
NUENucor Corp	3.2%	2.6%	361,396	+0.4%	$80.5M
MSFTMicrosoft Corp	2.8%	3.0%	191,328	+0.5%	$71.4M
BACBank of Amer Corp	2.6%	2.5%	1,175,523	+0.2%	$67.0M
CVXChevron Corp New	2.6%	3.5%	393,831	+0.0%	$65.3M
JNJJohnson & Johnson	2.5%	2.6%	249,620	-0.0%	$63.4M
MTBM & T Bk Corp	2.3%	2.2%	244,663	+0.2%	$58.2M
QCOMQualcomm Inc	2.2%	1.7%	301,473	+0.1%	$55.7M
WMWaste Mgmt Inc Del	2.1%	2.4%	239,938	+0.5%	$53.5M
TELTe Connectivity PLC	2.0%	2.2%	251,538	+0.4%	$50.7M
PNCPnc Finl Svcs Group Inc	1.9%	1.8%	199,715	+0.2%	$49.2M
NSCNorfolk Southn Corp	1.9%	1.9%	156,244	+0.3%	$49.2M
DEDeere & Co Com	1.8%	1.7%	72,548	+0.6%	$46.0M
EMREmerson Elec Co Com	1.8%	1.8%	317,414	+0.4%	$45.4M
LMTLockheed Martin Corp Com	1.7%	2.2%	86,366	+0.5%	$44.0M
CBChubb Limited Com	1.7%	1.8%	129,006	+0.3%	$44.0M
WMTWalmart Inc	1.7%	2.0%	385,637	+0.4%	$43.7M
PPLPpl Corp	1.7%	1.9%	1,160,251	+0.6%	$42.2M
KMIKinder Morgan Inc Del Com	1.5%	1.8%	1,228,385	+0.5%	$39.3M
SCHWSchwab Charles Corp	1.5%	1.6%	414,077	+1.8%	$38.2M
EOGEog Res Inc	1.5%	1.8%	285,424	+1.0%	$37.0M
MCDMcdonalds Corp Com	1.4%	1.7%	135,331	+5.8%	$36.6M
SCHFSchwab Intl Equity	1.4%	1.3%	1,273,951	+4.8%	$35.3M
MDLZMondelez International Inc.	1.4%	1.5%	599,001	+0.5%	$34.6M
BMYBristol-Myers Squibb Co Com	1.3%	1.5%	595,848	+0.3%	$34.3M
SPSMSpdr Series Trust	1.3%	1.2%	593,958	+1.7%	$34.3M
PGProcter & Gamble Co Com	1.3%	1.4%	232,744	+0.6%	$34.1M
LOWLowes Cos Inc	1.3%	1.5%	152,500	+0.8%	$33.6M
LENLennar Corp A	1.1%	1.2%	317,481	+1.0%	$28.7M
ABTAbbott Laboratories	1.1%	1.4%	313,219	+2.1%	$28.4M
SCHMSchwab Strategic Tr	1.1%	0.9%	730,699	+2.1%	$26.9M
HSYHershey Co.	1.0%	1.3%	150,185	+2.0%	$26.3M
HONHoneywell International Inc.	1.0%	—	114,889	—	$25.7M
AOSSmith A O Corp	1.0%	1.1%	409,811	+3.1%	$25.7M
HONAHoneywell Aerospace Inc.	1.0%	—	114,614	—	$25.3M
PEPPepsico Inc	0.9%	1.2%	178,738	+1.0%	$24.2M
WPCWP Carey Inc	0.9%	1.0%	334,738	+1.2%	$23.9M
VEUVanguard FTSE All	0.9%	0.9%	272,741	+1.0%	$22.8M
VOVanguard Index Fds	0.8%	0.8%	257,116	+301.3%	$20.7M
WFCWells Fargo Co New	0.8%	0.8%	235,933	-0.5%	$19.5M
PHMPulte Group Inc	0.7%	0.7%	131,951	-2.2%	$18.1M
VBVanguard Indx Fd	0.7%	0.6%	56,738	+0.1%	$17.2M
SCHGSchwab U.s. Large-Cap Growth ETF	0.6%	0.5%	425,185	+0.1%	$14.4M
BRK-BBerkshire Hathaway Inc Del	0.5%	—	24,409	—	$12.2M
SPYSpdr S&p 500 ETF Tr	0.5%	0.5%	16,036	-6.1%	$12.0M
KOCoca Cola Co	0.4%	0.5%	140,605	-5.8%	$11.4M

What Berkshire Asset Management Llc/pa bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VO Vanguard Index Fds+301.3% shares
MCD Mcdonalds Corp Com+5.8% shares

Reduced

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +31.6% /yr; S&P 500 +20.1%
3 years: +17.8% /yr; S&P 500 +20.4%
5 years: +9.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.5B	270
Q1 2026	$2.3B	263
Q4 2025	$2.3B	261
Q3 2025	$2.4B	297
Q2 2025	$2.2B	285
Q1 2025	$2.1B	282
Q4 2024	$2.1B	279
Q3 2024	$2.0B	284
Q2 2024	$2.0B	288
Q1 2024	$1.9B	234
Q4 2023	$1.8B	226
Q3 2023	$1.6B	223

Questions about Berkshire Asset Management Llc/pa's portfolio

What stocks does Berkshire Asset Management Llc/pa own?

Berkshire Asset Management Llc/pa's latest 13F, for Q2 2026 and filed Aug 5, 2026, lists 270 positions worth $2.5B. The largest are Jpmorgan Chase & Co (JPM) at 4.5%, Dell Technologies Inc (DELL) at 4.4%, Cisco Sys Inc (CSCO) at 4.0%, Abbvie Inc (ABBV) at 3.8% and Apple Inc (AAPL) at 3.2%.

What did Berkshire Asset Management Llc/pa buy last quarter?

In Q2 2026, Berkshire Asset Management Llc/pa added Vanguard Index Fds (VO) (+301.3% shares) and Mcdonalds Corp Com (MCD) (+5.8% shares), compared with its Q1 2026 filing.

What did Berkshire Asset Management Llc/pa sell last quarter?

In Q2 2026, Berkshire Asset Management Llc/pa cut from its top 50 Honeywell Intl Inc (HON), cut from its top 50 General Mills Inc (GIS), cut from its top 50 Conocophillips (COP), Dell Technologies Inc (DELL) (-17.3% shares), Spdr S&p 500 ETF Tr (SPY) (-6.1% shares) and Coca Cola Co (KO) (-5.8% shares), compared with its Q1 2026 filing.

How has Berkshire Asset Management Llc/pa's portfolio performed?

A portfolio copying Berkshire Asset Management Llc/pa's 20 largest 13F holdings each quarter, from the day each filing was public, returned +17.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +31.6% against +20.1%. Over 5 years: +9.8% a year against +11.6%.

When is Berkshire Asset Management Llc/pa's next 13F filing due?

13F filings are due 45 days after each quarter ends. Berkshire Asset Management Llc/pa's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.