Berkshire Asset Management LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Berkshire Asset Management LLC reported 234 stock positions worth $1.9 billion. Its top holding was Microsoft (MSFT) at 4.9% of the portfolio, followed by JPMorgan Chase (JPM, 4.2%) and Abbvie (ABBV, 3.7%). Compared with Q4 2023, it opened 14 new positions, sold out of 6, added to 63 and reduced 121. The biggest buy was Schwab (charles) (SCHW, shares +3647%) and the biggest sale Leggett & Platt (LEG, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- WILKES BARRE, PA
- CIK
- 0000949012
- Portfolio Value
- $1.9B (Q1 2024)
- SEC Filing
- 0001398344-24-009509 ↗ filed May 14, 2024
Holdings Value
Holdings 234 stocks · $1.9B
| MSFT Microsoft Corp. | 4.94% | 221,723 | $93.3M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 4.23% | 398,923 | $79.9M | Reduce -12.4% |
| ABBV Abbvie Inc. | 3.74% | 388,310 | $70.7M | Reduce -0.9% |
| NUE Nucor Corp. | 3.55% | 338,361 | $67.0M | Reduce -1.3% |
| CVX Chevron Corp. | 3.18% | 380,589 | $60.0M | Reduce -0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.13% | 1,556,705 | $59.0M | Reduce -0.3% |
| WM Waste Management Inc. | 2.74% | 243,152 | $51.8M | Add +2.3% |
| QCOM Qualcomm Inc. | 2.61% | 290,720 | $49.2M | Reduce -0.8% |
| AAPL Apple Inc. | 2.46% | 271,057 | $46.5M | Reduce -2.1% |
| MRK Merck & Co. Inc. | 2.30% | 329,471 | $43.5M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 2.30% | 870,567 | $43.5M | Add +1.4% |
| MDLZ Mondelez International Inc. Class A | 2.17% | 586,718 | $41.1M | Add +0.1% |
| JNJ Johnson & Johnson | 2.10% | 250,931 | $39.7M | Reduce -0.0% |
| LMT Lockheed Martin Corp. | 2.06% | 85,614 | $38.9M | Add +2.5% |
| TEL Te Connectivity Ltd. | 1.96% | 254,408 | $37.0M | Add +2.5% |
| LOW Lowe's Cos Inc. | 1.95% | 144,859 | $36.9M | Reduce -1.4% |
| WMT Walmart Inc. | 1.90% | 595,938 | $35.9M | Reduce -0.3% |
| NSC Norfolk Southern Corp. | 1.89% | 140,401 | $35.8M | Add +0.1% |
| PG The Procter & Gamble Co. | 1.88% | 219,009 | $35.5M | Reduce -0.5% |
| EMR Emerson Electric Co. | 1.85% | 308,402 | $35.0M | Reduce -0.5% |
| BMY Bristol-Myers Squibb Co. | 1.83% | 636,273 | $34.5M | Add +6.5% |
| MCD McDonald's Corp. | 1.76% | 117,737 | $33.2M | Reduce -0.4% |
| ABT Abbott Laboratories | 1.74% | 288,697 | $32.8M | Add +0.3% |
| CB Chubb Ltd. | 1.73% | 125,881 | $32.6M | Add +0.3% |
| HON Honeywell International Inc. | 1.70% | 156,304 | $32.1M | Add +0.0% |
| PNC PNC Financial Services Group | 1.66% | 193,817 | $31.3M | Reduce -0.3% |
| PPL PPL Corp. | 1.65% | 1,130,416 | $31.1M | Add +4.4% |
| GIS General Mills Inc. | 1.63% | 440,788 | $30.8M | Add +4.5% |
| PEP Pepsico Inc. | 1.52% | 163,962 | $28.7M | Add +0.4% |
| SCHW Schwab (charles) Corp. | 1.48% | 386,928 | $28.0M | Add +3647.5% |
| DE Deere & Co. | 1.45% | 66,856 | $27.5M | Add +6.2% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.41% | 182,932 | $26.6M | Reduce -1.2% |
| KMI Kinder Morgan Inc. | 1.14% | 1,177,959 | $21.6M | Reduce -1.0% |
| EOG EOG Resources Inc. | 1.13% | 166,347 | $21.3M | Add +1.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.04% | 85,819 | $19.6M | Add +0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.02% | 76,976 | $19.2M | Add +1.7% |
| PFE Pfizer Inc. | 1.01% | 688,566 | $19.1M | Add +0.5% |
| WPC WP Carey Inc. | 0.98% | 327,383 | $18.5M | Add +0.6% |
| PHM Pultegroup Inc. | 0.97% | 152,268 | $18.4M | Reduce -23.3% |
| WFC Wells Fargo & Co. | 0.86% | 280,055 | $16.2M | Reduce -1.0% |
| SCHM Schwab US Mid Cap ETF | 0.82% | 189,147 | $15.4M | Add +12.0% |
| SCHF Schwab Intl Equity ETF | 0.79% | 381,778 | $14.9M | Add +11.0% |
| COP Conocophillips | 0.75% | 110,644 | $14.1M | Reduce -2.6% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.71% | 309,725 | $13.3M | Add +12.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.64% | 204,872 | $12.0M | Add +2.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.55% | 84,449 | $10.3M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.53% | 19,001 | $9.9M | Reduce -10.0% |
| KO The Coca-Cola Co. | 0.47% | 145,366 | $8.9M | Reduce -0.4% |
| AMGN Amgen Inc. | 0.44% | 29,439 | $8.4M | Reduce -0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 18,519 | $7.8M | Add +3.6% |
| IWF iShares Russell 1000 Growth | 0.40% | 22,502 | $7.6M | Reduce -11.4% |
| SCHG Schwab US Large-Cap Growth | 0.39% | 78,652 | $7.3M | Add +16.7% |
| KHC The Kraft Heinz Co. | 0.37% | 188,404 | $7.0M | Add +0.2% |
| VEA Vanguard Ftse Developed ETF | 0.35% | 130,070 | $6.5M | Add +2.8% |
| SCHV Schwab US Large-Cap Value | 0.32% | 80,309 | $6.1M | Reduce -35.2% |
| C Citigroup Inc. | 0.31% | 92,721 | $5.9M | Reduce -0.7% |
| MDT Medtronic PLC | 0.31% | 66,757 | $5.8M | Reduce -1.1% |
| INTC Intel Corp. | 0.29% | 124,559 | $5.5M | Reduce -5.1% |
| ADP Automatic Data Processing | 0.29% | 21,659 | $5.4M | Reduce -1.1% |
| SCHX Schwab US Large-Cap ETF | 0.29% | 86,810 | $5.4M | Add +5.4% |
| AMZN Amazon.com Inc. | 0.27% | 27,994 | $5.0M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.25% | 9,512 | $4.7M | Reduce -0.8% |
| NVDA Nvidia Corp. | 0.22% | 4,558 | $4.1M | Reduce -24.4% |
| SCHB Schwab US Broad Market ETF | 0.21% | 65,439 | $4.0M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.19% | 30,517 | $3.5M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 84,703 | $3.5M | Reduce -4.6% |
| GE General Electric | 0.19% | 19,931 | $3.5M | Add +3.2% |
| AVGO Broadcom Inc. | 0.18% | 2,613 | $3.5M | Reduce -4.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.18% | 131,824 | $3.3M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 0.17% | 21,674 | $3.3M | Reduce -6.2% |
| HD Home Depot Inc. | 0.17% | 8,498 | $3.3M | Add +1.4% |
| IWM iShares Russell 2000 ETF | 0.17% | 15,282 | $3.2M | Reduce -0.3% |
| BX Blackstone Inc. | 0.16% | 23,663 | $3.1M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 0.16% | 3,986 | $3.1M | Reduce -1.4% |
| DELL Dell Technologies -C | 0.16% | 27,097 | $3.1M | No change |
| VGK Vanguard Ftse Europe ETF | 0.16% | 45,645 | $3.1M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.15% | 18,738 | $2.8M | Reduce -11.4% |
| VTWV Vanguard Russell 2000 Value | 0.14% | 19,471 | $2.7M | Add +31.9% |
| IGRO iShares Intl Div Growth ETF | 0.14% | 39,570 | $2.7M | Reduce -4.4% |
| ORCL Oracle Corp. | 0.14% | 20,835 | $2.6M | Reduce -0.3% |
| AEP American Electric Power | 0.13% | 28,797 | $2.5M | Reduce -2.4% |
| SCHD Schwab US DVD Equity ETF | 0.13% | 29,412 | $2.4M | Add +0.3% |
| SYY Sysco Corp. | 0.12% | 29,024 | $2.4M | Reduce -1.2% |
| TOL Toll Brothers Inc. | 0.12% | 18,160 | $2.3M | Reduce -0.6% |
| UNP Union Pacific Corp. | 0.12% | 9,470 | $2.3M | Add +1.3% |
| SCHA Schwab US Small-Cap ETF | 0.12% | 46,720 | $2.3M | Add +3.1% |
| IWD iShares Russell 1000 Value E | 0.12% | 12,371 | $2.2M | Add +5.6% |
| FLR Fluor Corp. | 0.11% | 50,000 | $2.1M | No change |
| VRTX Vertex Pharmaceuticals Inc. | 0.11% | 4,789 | $2.0M | Reduce -1.6% |
| AXP American Express Co. | 0.10% | 8,674 | $2.0M | Add +0.0% |
| RTX RTX Corp. | 0.10% | 19,881 | $1.9M | Reduce -4.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.10% | 3 | $1.9M | No change |
| TTI Tetra Technologies Inc. | 0.10% | 420,625 | $1.9M | No change |
| VZ Verizon Communications Inc. | 0.10% | 43,935 | $1.8M | Reduce -2.3% |
| EFA iShares MSCI Eafe ETF | 0.10% | 22,791 | $1.8M | Reduce -2.7% |
| T AT&T Inc. | 0.09% | 101,595 | $1.8M | Add +0.6% |
| LEG Leggett & Platt Inc. | 0.09% | 92,211 | $1.8M | Reduce -88.3% |
| IJH iShares Core S&P Midcap ETF | 0.09% | 27,875 | $1.7M | No change |
| TXN Texas Instruments Inc. | 0.09% | 9,224 | $1.6M | Reduce -2.7% |
| CMCSA Comcast Corp. Class A | 0.08% | 36,365 | $1.6M | Reduce -6.8% |
Portfolio Sells Q4 2023 → Q1 2024
| LEG Leggett & Platt Inc. | Reduce -88.3% | 0.09% | −1.08 |
| AAPL Apple Inc. | Reduce -2.1% | 2.46% | −0.58 |
| MCD McDonald's Corp. | Reduce -0.4% | 1.76% | −0.24 |
| PHM Pultegroup Inc. | Reduce -23.3% | 0.97% | −0.20 |
| JPM JPMorgan Chase & Co. | Reduce -12.4% | 4.23% | −0.18 |
| SCHV Schwab US Large-Cap Value | Reduce -35.2% | 0.32% | −0.17 |
| JNJ Johnson & Johnson | Reduce -0.0% | 2.10% | −0.14 |
| INTC Intel Corp. | Reduce -5.1% | 0.29% | −0.08 |
| CVX Chevron Corp. | Reduce -0.4% | 3.18% | −0.07 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.06 |
| PNC PNC Financial Services Group | Reduce -0.3% | 1.66% | −0.06 |
| KMI Kinder Morgan Inc. | Reduce -1.0% | 1.14% | −0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.0% | 0.53% | −0.05 |
| AMGN Amgen Inc. | Reduce -0.8% | 0.44% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -0.8% | 0.25% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -11.4% | 0.40% | −0.04 |
| MTB M & T Bank Corp. | Reduce -1.2% | 1.41% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.6% | 0.19% | −0.02 |
| KO The Coca-Cola Co. | Reduce -0.4% | 0.47% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -11.4% | 0.15% | −0.02 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -6.8% | 0.08% | −0.01 |
| BX Blackstone Inc. | Reduce -1.1% | 0.16% | −0.01 |
| PM Philip Morris International | Reduce -10.5% | 0.06% | −0.01 |
| IONS Ionis Pharmaceuticals Inc. | Sold out | 0.00% | −0.01 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.01 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.01 |
| DGX Quest Diagnostics Inc. | Sold out | 0.00% | −0.01 |
| IGRO iShares Intl Div Growth ETF | Reduce -4.4% | 0.14% | −0.01 |
| V Visa Inc. Class A | Reduce -13.2% | 0.07% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -6.2% | 0.17% | −0.01 |
| CBU Community Financial System I | Reduce -0.8% | 0.06% | −0.01 |
| LUV Southwest Airlines Co. | Reduce -6.5% | 0.07% | −0.01 |
| IWO iShares Russell 2000 Growth | Reduce -41.5% | 0.01% | −0.01 |
| MDT Medtronic PLC | Reduce -1.1% | 0.31% | −0.01 |
| UPS United Parcel Service Class B | Reduce -5.0% | 0.04% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -12.2% | 0.06% | −0.01 |
| BLK BlackRock Finance Inc. | Reduce -20.8% | 0.02% | −0.01 |
| BIIB Biogen Inc. | Reduce -0.5% | 0.02% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -2.7% | 0.09% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.6% | 0.11% | −0.01 |
| ITW Illinois Tool Works | Reduce -2.8% | 0.08% | −0.01 |
| MS Morgan Stanley | Reduce -4.6% | 0.06% | −0.01 |
| K Kellanova | Reduce -13.3% | 0.03% | −0.01 |
| FNCB FNCB Bancorp Inc. | Reduce -1.4% | 0.03% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -4.8% | 0.08% | −0.01 |
| VONG Vanguard Russell 1000 Growth | Reduce -30.1% | 0.01% | −0.01 |
| AEP American Electric Power | Reduce -2.4% | 0.13% | −0.01 |
| COP Conocophillips | Reduce -2.6% | 0.75% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -0.3% | 0.17% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| SCHW Schwab (charles) Corp. | Add +3647.5% | 1.48% | +1.44 |
| WM Waste Management Inc. | Add +2.3% | 2.74% | +0.32 |
| CB Chubb Ltd. | Add +0.3% | 1.73% | +0.11 |
| SCHM Schwab US Mid Cap ETF | Add +12.0% | 0.82% | +0.09 |
| BMY Bristol-Myers Squibb Co. | Add +6.5% | 1.83% | +0.08 |
| GIS General Mills Inc. | Add +4.5% | 1.63% | +0.07 |
| SCHG Schwab US Large-Cap Growth | Add +16.7% | 0.39% | +0.07 |
| SCHF Schwab Intl Equity ETF | Add +11.0% | 0.79% | +0.06 |
| BIDU Baidu Inc. - Spon ADR | New | 0.06% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.6% | 0.41% | +0.05 |
| GE General Electric | Add +3.2% | 0.19% | +0.04 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +12.5% | 0.71% | +0.04 |
| VTWV Vanguard Russell 2000 Value | Add +31.9% | 0.14% | +0.03 |
| PGR Progressive Corp. | Add +14.1% | 0.08% | +0.02 |
| SCHX Schwab US Large-Cap ETF | Add +5.4% | 0.29% | +0.02 |
| DE Deere & Co. | Add +6.2% | 1.45% | +0.02 |
| META Meta Platforms Inc. Class A | Add +2.4% | 0.08% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.7% | 1.02% | +0.01 |
| DVY iShares Select Dividend ETF | Add +28.7% | 0.07% | +0.01 |
| COIN Coinbase Global Inc. Class A | New | 0.01% | +0.01 |
| BDVG Imgp Berk Div GRT ETF-Usd Inc. | Add +152.1% | 0.02% | +0.01 |
| TSCO Tractor Supply Company | New | 0.01% | +0.01 |
| FISV Fiserv Inc. | New | 0.01% | +0.01 |
| PSX Phillips 66 | New | 0.01% | +0.01 |
| UBER Uber Technologies Inc. | New | 0.01% | +0.01 |
| KMX Carmax Inc. | New | 0.01% | +0.01 |
| WIRE Encore Wire Corp. | New | 0.01% | +0.01 |
| AXP American Express Co. | Add +0.0% | 0.10% | +0.01 |
| HTZ Hertz Global Hldgs Inc. | Add +85.1% | 0.05% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.01% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | New | 0.01% | +0.01 |
| DON Wisdomtree US Midcap Dividen | New | 0.01% | +0.01 |
| RJF Raymond James Financial Inc. | New | 0.01% | +0.01 |
| FLJP Franklin Ftse Japan ETF | New | 0.01% | +0.01 |
| PTON Peloton Interactive Inc. Class A | New | 0.01% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +16.7% | 0.04% | +0.01 |
| PH Parker Hannifin Corp. | Add +18.1% | 0.03% | +0.01 |
| REZI Resideo Technologies Inc. | Add +0.1% | 0.08% | +0.01 |
| HD Home Depot Inc. | Add +1.4% | 0.17% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +5.6% | 0.12% | +0.01 |
| FAST Fastenal Co. | Add +16.3% | 0.03% | +0.01 |
| NSC Norfolk Southern Corp. | Add +0.1% | 1.89% | +0.01 |
| EWJ iShares MSCI Japan ETF | Add +14.4% | 0.03% | +0.00 |
| TJX TJX Companies Inc. | Add +10.5% | 0.04% | +0.00 |
| OMC Omnicom Group | Add +13.7% | 0.02% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +12.9% | 0.05% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +12.7% | 0.03% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +3.9% | 0.04% | +0.00 |
| DHR Danaher Corp. | Add +4.2% | 0.02% | +0.00 |
| EXPD Expeditors Intl Wash Inc. | Add +17.8% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 270 | $2.5B | JPM, DELL, CSCO, ABBV, AAPL |
| Q1 2026 | 263 | $2.3B | JPM, ABBV, CVX, AAPL, MSFT |
| Q4 2025 | 261 | $2.3B | JPM, MSFT, ABBV, AAPL, CSCO |
| Q3 2025 | 297 | $2.4B | JPM, MSFT, ABBV, AAPL, CVX |
| Q2 2025 | 285 | $2.2B | JPM, MSFT, ABBV, CSCO, AAPL |
| Q1 2025 | 282 | $2.1B | JPM, MSFT, ABBV, WM, AAPL |
| Q4 2024 | 279 | $2.1B | JPM, MSFT, ABBV, CVX, AAPL |
| Q3 2024 | 284 | $2.0B | MSFT, JPM, ABBV, BAC, CVX |
| Q2 2024 | 288 | $2.0B | MSFT, JPM, ABBV, BAC, CVX |
| Q1 2024 | 234 | $1.9B | MSFT, JPM, ABBV, NUE, CVX |