Berkshire Hathaway's (BRK.A 0.66%) (BRK.B 0.63%) stock portfolio is one of the most closely watched portfolios in the world, and for good reason. Not only does the conglomerate own nearly $300 billion worth of stocks, but also many of its positions, especially the larger ones, were handpicked by legendary investor Warren Buffett himself.

There are more than 40 stocks in Berkshire's portfolio, but it is a highly concentrated group of stocks. In fact, 63% of the portfolio's market value is invested in just five stocks.

Warren Buffett in a grey suit.

Image source: The Motley Fool.

Berkshire Hathaway's five largest stock positions

The smallest position in Berkshire's top five has nearly $20 billion of the company's capital invested in it. That's a big vote of confidence from the best stock-picker of all time. So, what exactly are these stocks that Berkshire invests billions of dollars in?

I won't keep you in suspense. Here's a rundown of Berkshire's five largest stocks as of the second quarter of 2025, and how much of each Buffett and company own.

Company (Symbol)

Market Value of Berkshire's Investment

Percent Ownership

Apple (AAPL -0.19%)

$63.7 billion

1.9%

American Express (AXP 1.43%)

$48.3 billion

21.8%

Bank of America (BAC 0.51%)

$30.2 billion

8.2%

Coca-Cola (KO 0.94%)

$27.5 billion

9.3%

Chevron (CVX 0.82%)

$19.2 billion

6%

Data sources: Berkshire Hathaway SEC filings. Market value as of 8/26/2025.

What does Buffett look for?

Warren Buffett has publicly commented on these investments a few times. For example, he praised Apple's leadership and its loyal customer base and has been a big fan of Coca-Cola, both the products and the business, for many years.

Perhaps the biggest takeaway is what the companies in this chart have in common. They are all leaders, or very close to it, in their respective industries, all have steady cash flow and strong profitability, and all have durable competitive advantages that should allow them to keep their leading positions.