Top 10 Stocks Warren Buffett Is Buying in 2026
Want to invest like the greatest investor alive? Good news — you legally can.
Every quarter, Berkshire Hathaway has to file a 13-F report with the SEC. This document reveals exactly which stocks Warren Buffett's $274 billion portfolio holds. It's like looking at the answer key to the test.
The latest filing dropped February 17, 2026, showing holdings as of December 31, 2025. We've broken it down into plain English.
Here are the top 10 positions — what Buffett owns, how much, and why he probably likes each one.
How to Read This
Berkshire Hathaway's public stock portfolio is worth approximately $274 billion across 42 different stocks. But Buffett isn't spread thin — his portfolio is incredibly concentrated. The top 5 holdings make up about 70% of the entire portfolio.
That tells you something important: when Buffett likes a stock, he goes BIG.
Filing source: SEC 13-F filing, filed February 17, 2026, plus CNBC's Berkshire Hathaway Portfolio Tracker.
The Top 10
1. Apple (AAPL) — The Crown Jewel
| Metric | Value |
|---|---|
| Shares Owned | ~300 million |
| Value | ~$75 billion |
| % of Portfolio | ~27.4% |
| Recent Activity | Reduced (sold ~$20B+ in 2024-2025) |
| Sector | Technology |
Why Buffett loves it: Buffett has called Apple "the best business in the world." He loves the ecosystem — once you're in the Apple world (iPhone, Mac, iPad, Watch, AirPods), you rarely leave. Services revenue (App Store, iCloud, Apple Music, Apple TV+) is a recurring cash machine.
What's interesting: Buffett has been selling Apple — he trimmed about 67% of his position over 2024. But even after selling, it's STILL his #1 holding by a mile. That tells you how massive the original position was and how much he still believes in it.
For everyday investors: AAPL trades around $250. Not "cheap," but Buffett isn't looking at the price — he's looking at the business quality and cash generation. You can buy fractional shares.
2. American Express (AXP) — The Card They Can't Cancel
| Metric | Value |
|---|---|
| Shares Owned | ~151.6 million |
| Value | ~$46 billion |
| % of Portfolio | ~16.8% |
| Recent Activity | Held steady |
| Sector | Financial Services |
Why Buffett loves it: Buffett has owned AmEx since 1994. It's a "toll booth" business — every time someone swipes an AmEx card, the company takes a cut. No inventory, no factories, no shipping headaches. Just pure transaction fees flowing in.
AmEx cardholders are wealthier than average and spend 3-4x more than Visa/Mastercard users. That means higher merchant fees and more revenue per customer.
What's interesting: Buffett's cost basis on AmEx is estimated around $8-9 per share. The stock is over $300 now. That's a 30x+ return before counting decades of dividends.
For everyday investors: The lesson here is simple — find great businesses and hold them forever. Buffett hasn't sold a single share of AmEx in decades.
3. Bank of America (BAC) — America's Bank
| Metric | Value |
|---|---|
| Shares Owned | ~680 million |
| Value | ~$30 billion |
| % of Portfolio | ~11.0% |
| Recent Activity | Reduced (sold ~$10B in mid-2024) |
| Sector | Banking |
Why Buffett loves it: Bank of America is the second-largest bank in the U.S. by assets. Buffett got in heavily during the 2011 financial crisis — lending BofA $5 billion when they desperately needed it (and getting a sweetheart deal on warrants). He converted those into common stock at a bargain price.
Banks make money on the spread between what they pay depositors and what they charge borrowers. With rates still relatively high, that spread is healthy.
What's interesting: Buffett sold about $10 billion worth of BAC in mid-2024, possibly for tax planning reasons or portfolio rebalancing. But he still holds a massive $30B position — he's not bearish on banks.
For everyday investors: BAC trades around $44. It's a reasonable entry point with a ~2.4% dividend yield. Nothing flashy, but solid.
4. Coca-Cola (KO) — The Original Forever Hold
| Metric | Value |
|---|---|
| Shares Owned | 400 million |
| Value | ~$27 billion |
| % of Portfolio | ~9.9% |
| Recent Activity | No change (hasn't sold since 1990s) |
| Sector | Consumer Staples |
Why Buffett loves it: Buffett started buying Coca-Cola in 1988 and hasn't sold a share since. He famously drinks five Cokes a day. Beyond personal preference, KO is the definition of a moat — the brand is recognized by 94% of the world's population.
Coca-Cola has raised its dividend for 62 consecutive years. It's a Dividend King. The company generates massive free cash flow with minimal capital expenditure needs.
What's interesting: Buffett's original investment of ~$1.3 billion is now worth $27 billion, and he collects about $776 million in annual dividends from KO alone. His yield on cost is roughly 60%. Let that sink in.
For everyday investors: KO trades around $67. It yields ~2.8%. Not exciting in any given year, but over 30+ years? It's a compounding machine.
👉 See how dividends compound over time with our Dividend Calculator →
5. Chevron (CVX) — Big Oil, Big Cash
| Metric | Value |
|---|---|
| Shares Owned | ~118.6 million |
| Value | ~$18.5 billion |
| % of Portfolio | ~6.7% |
| Recent Activity | Held steady |
| Sector | Energy |
Why Buffett loves it: Chevron is one of the world's largest integrated oil companies. Buffett has always liked energy — the world runs on oil and gas, and that's not changing anytime soon. Chevron generates enormous free cash flow that funds dividends, buybacks, and growth.
Chevron has increased its dividend for 37+ consecutive years. It's a Dividend Aristocrat.
What's interesting: Buffett built this position mostly in 2020-2022 when oil prices crashed and then rebounded. Classic Buffett: buy when others are scared.
For everyday investors: CVX trades around $156. Yields ~4.2%. A solid income stock that also benefits from rising oil prices.
6. Occidental Petroleum (OXY) — The Energy Bet
| Metric | Value |
|---|---|
| Shares Owned | ~264 million |
| Value | ~$13 billion |
| % of Portfolio | ~4.7% |
| Recent Activity | Added (has been buying steadily) |
| Sector | Energy |
Why Buffett loves it: Occidental is Buffett's "conviction bet" in energy. He started buying in 2022 and hasn't stopped. Berkshire also owns $10 billion in OXY preferred stock and has warrants to buy even more shares at $59.62.
OXY has significant operations in the Permian Basin — the most productive oil field in the U.S. They're also investing in carbon capture technology through their 1PointFive subsidiary.
What's interesting: Buffett has regulatory approval to buy up to 50% of Occidental. That's unusual — he rarely seeks that level of ownership in a public company. Many analysts think Berkshire will eventually acquire OXY outright.
For everyday investors: OXY trades around $49. It's more volatile than Chevron but offers more upside if oil prices rise.
7. Kraft Heinz (KHC) — The Ketchup Empire
| Metric | Value |
|---|---|
| Shares Owned | ~325.6 million |
| Value | ~$9.5 billion |
| % of Portfolio | ~3.5% |
| Recent Activity | Held steady |
| Sector | Consumer Staples |
Why Buffett loves it: Berkshire owns 26.7% of Kraft Heinz — one of the largest food companies in the world. They make Heinz ketchup, Kraft mac and cheese, Oscar Mayer, Philadelphia cream cheese, Jell-O, and dozens more pantry staples.
What's interesting: Buffett has publicly said Kraft Heinz was a mistake — he paid too much in the 2015 merger. But he hasn't sold. Why? The business still generates enormous cash flow and pays a solid dividend. At current prices, the yield is attractive and the brands aren't going anywhere.
For everyday investors: KHC trades around $29. The ~5.3% dividend yield is juicy. Just don't expect much growth — this is a pure income play.
8. DaVita (DVA) — Kidney Care Giant
| Metric | Value |
|---|---|
| Shares Owned | ~36.1 million |
| Value | ~$6.3 billion |
| % of Portfolio | ~2.3% |
| Recent Activity | Added shares (per January 2026 filing) |
| Sector | Healthcare |
Why Buffett loves it: DaVita operates about 2,600 kidney dialysis centers across the U.S. Roughly 800,000 Americans need regular dialysis, and that number grows every year as diabetes and hypertension rates rise. DaVita is one of only two major players in this market (the other is Fresenius).
What's interesting: The most recent filing shows Buffett bought MORE DaVita shares in late January 2026. When Buffett is actively adding to a position, pay attention. He sees value the market is missing.
For everyday investors: DVA trades around $174. No dividend, but strong earnings growth and buybacks. This is a growth-value hybrid pick.
👉 Check if DaVita is undervalued with the Graham Number Calculator →
9. Moody's (MCO) — The Rating Agency
| Metric | Value |
|---|---|
| Shares Owned | ~24.7 million |
| Value | ~$11 billion |
| % of Portfolio | ~4.0% |
| Recent Activity | Held steady |
| Sector | Financial Services |
Why Buffett loves it: Moody's is one of three major credit rating agencies (with S&P and Fitch). Every company that issues bonds needs a credit rating. Moody's charges for that rating. It's a toll booth — no competition can easily enter the market because regulators only recognize a handful of agencies.
Buffett has owned Moody's since 2000 when it was spun off from Dun & Bradstreet. It's one of his best-performing holdings.
What's interesting: Moody's is a ~$75B market cap company. Berkshire's position represents about 13% ownership. The business has 50%+ operating margins — almost unheard of.
For everyday investors: MCO trades around $445. Expensive per share, but the business quality is elite. Buy fractional shares if you want exposure.
👉 Analyze any stock's P/E ratio →
10. Chubb (CB) — The Insurance Play
| Metric | Value |
|---|---|
| Shares Owned | ~27 million |
| Value | ~$7.5 billion |
| % of Portfolio | ~2.7% |
| Recent Activity | Added (new position built in 2023-2024) |
| Sector | Insurance |
Why Buffett loves it: Buffett's entire empire is built on insurance (GEICO, Berkshire Hathaway Reinsurance, General Re). He understands the business better than almost anyone. Chubb is the world's largest publicly traded property and casualty insurer.
What makes Chubb special: they write high-net-worth personal insurance and complex commercial policies. Their underwriting discipline is exceptional — they consistently earn an underwriting profit, which most insurers struggle to do.
What's interesting: Berkshire built this position quietly, using a confidential filing exemption (which the SEC allows to prevent front-running). When it was finally revealed, the stock jumped. Classic Buffett stealth.
For everyday investors: CB trades around $278. Yields ~1.3% with consistent dividend growth. A defensive stock that performs well in uncertain markets.
The Full Top 10 at a Glance
| # | Ticker | Company | % of Portfolio | Value | Sector | Recent Move |
|---|---|---|---|---|---|---|
| 1 | AAPL | Apple | 27.4% | $75B | Tech | Reduced |
| 2 | AXP | American Express | 16.8% | $46B | Finance | Held |
| 3 | BAC | Bank of America | 11.0% | $30B | Banking | Reduced |
| 4 | KO | Coca-Cola | 9.9% | $27B | Consumer | Held |
| 5 | CVX | Chevron | 6.7% | $18.5B | Energy | Held |
| 6 | OXY | Occidental Petroleum | 4.7% | $13B | Energy | Added |
| 7 | KHC | Kraft Heinz | 3.5% | $9.5B | Consumer | Held |
| 8 | DVA | DaVita | 2.3% | $6.3B | Healthcare | Added |
| 9 | MCO | Moody's | 4.0% | $11B | Finance | Held |
| 10 | CB | Chubb | 2.7% | $7.5B | Insurance | Added |
Top 5 = ~72% of portfolio. Buffett is the ultimate "put your eggs in one basket and watch that basket carefully" investor.
What Can We Learn From Buffett's Portfolio?
1. He's Not Chasing AI or Tech Hype
Besides Apple (which he views as a consumer brand, not a tech stock), Buffett has zero exposure to the AI/tech boom. No Nvidia, no Microsoft, no Google, no Meta. He sticks to businesses he understands.
2. He Loves "Toll Booth" Businesses
American Express, Moody's, Chubb — these are all businesses that sit in the middle of economic activity and take a cut. They don't make physical products. They provide essential services that are hard to replace.
3. He's Betting Big on Energy
Two of his top 10 are oil companies (Chevron + Occidental). He clearly believes the world will need fossil fuels for decades, regardless of the green energy transition.
4. Cash Is King
What the 13-F doesn't show: Berkshire is also sitting on a record $325+ billion in cash and Treasury bills. That's not a mistake — it's dry powder. Buffett is waiting for a massive buying opportunity (market crash, major acquisition).
5. He Holds Forever
Most of the top holdings haven't changed in years (or decades). Coca-Cola: 30+ years. AmEx: 30+ years. The lesson is clear: find great businesses and never sell.
How to Follow Buffett (Even With $100)
You don't need billions to invest like Buffett. Here's how:
Option 1: Buy the stocks directly. Most brokerages offer fractional shares. You can own a piece of Apple, Coca-Cola, or AmEx for as little as $1.
Option 2: Buy Berkshire Hathaway stock. BRK.B trades around $530. It gives you instant exposure to ALL of Buffett's picks, plus the private businesses Berkshire owns (GEICO, BNSF Railway, Dairy Queen, etc.).
Ready to start?
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Related Tools
- Graham Number Calculator — Calculate the intrinsic value of Buffett's holdings
- P/E Ratio Calculator — See how Buffett's picks compare on valuation
- Dividend Calculator — Model the dividend income from these stocks
- Free Stock Screener — Find your own Buffett-style value picks
Important Disclaimers
This is not financial advice. 13-F filings show holdings from up to 45 days ago. Buffett may have already bought or sold positions since the filing date. Past performance doesn't guarantee future results.
The fact that Buffett owns a stock doesn't mean it's right for you. Consider your own financial situation, risk tolerance, and investment timeline.
Data sources: SEC 13-F filing (February 17, 2026), CNBC Berkshire Hathaway Portfolio Tracker, company investor relations. Portfolio values and percentages are approximate based on market prices as of early March 2026.
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