Berkshire Asset Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Berkshire Asset Management LLC reported 288 stock positions worth $2.0 billion. Its top holding was Microsoft (MSFT) at 4.5% of the portfolio, followed by JPMorgan Chase (JPM, 4.2%) and Abbvie (ABBV, 3.5%). Compared with Q1 2024, it opened 67 new positions, sold out of 14, added to 117 and reduced 59. The biggest buy was a new position in Hershey (HSY) and the biggest sale Bristol-Myers Squibb (BMY, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- WILKES BARRE, PA
- CIK
- 0000949012
- Portfolio Value
- $2.0B (Q2 2024)
- SEC Filing
- 0001398344-24-014426 ↗ filed Aug 13, 2024
Holdings Value
Holdings 288 stocks · $2.0B
| MSFT Microsoft Corp. | 4.49% | 201,554 | $90.1M | Reduce -9.1% |
| JPM JPMorgan Chase & Co. | 4.23% | 419,868 | $84.9M | Add +5.3% |
| ABBV Abbvie Inc. | 3.47% | 405,714 | $69.6M | Add +4.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 3.25% | 1,638,505 | $65.2M | Add +5.3% |
| CVX Chevron Corp. | 3.15% | 403,855 | $63.2M | Add +6.1% |
| QCOM Qualcomm Inc. | 3.04% | 306,111 | $61.0M | Add +5.3% |
| AAPL Apple Inc. | 3.02% | 287,514 | $60.6M | Add +6.1% |
| NUE Nucor Corp. | 2.81% | 356,930 | $56.4M | Add +5.5% |
| WM Waste Management Inc. | 2.71% | 254,486 | $54.3M | Add +4.7% |
| CSCO Cisco Systems Inc. | 2.16% | 912,529 | $43.4M | Add +4.8% |
| MRK Merck & Co. Inc. | 2.14% | 346,426 | $42.9M | Add +5.2% |
| LMT Lockheed Martin Corp. | 2.12% | 90,949 | $42.5M | Add +6.2% |
| WMT Walmart Inc. | 2.09% | 618,202 | $41.9M | Add +3.7% |
| EMR Emerson Electric Co. | 2.02% | 368,349 | $40.6M | Add +19.4% |
| MDLZ Mondelez International Inc. Class A | 2.02% | 620,032 | $40.6M | Add +5.7% |
| TEL Te Connectivity Ltd. | 1.99% | 265,057 | $39.9M | Add +4.2% |
| PG The Procter & Gamble Co. | 1.93% | 234,437 | $38.7M | Add +7.0% |
| JNJ Johnson & Johnson | 1.90% | 261,268 | $38.2M | Add +4.1% |
| HON Honeywell International Inc. | 1.78% | 167,046 | $35.7M | Add +6.9% |
| CB Chubb Ltd. | 1.69% | 133,208 | $34.0M | Add +5.8% |
| LOW Lowe's Cos Inc. | 1.69% | 153,407 | $33.8M | Add +5.9% |
| PPL PPL Corp. | 1.68% | 1,219,275 | $33.7M | Add +7.9% |
| NSC Norfolk Southern Corp. | 1.68% | 157,019 | $33.7M | Add +11.8% |
| MCD McDonald's Corp. | 1.66% | 130,356 | $33.2M | Add +10.7% |
| ABT Abbott Laboratories | 1.59% | 306,128 | $31.8M | Add +6.0% |
| PNC PNC Financial Services Group | 1.59% | 204,588 | $31.8M | Add +5.6% |
| SCHW Schwab (charles) Corp. | 1.50% | 409,674 | $30.2M | Add +5.9% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.48% | 196,359 | $29.7M | Add +7.3% |
| GIS General Mills Inc. | 1.44% | 456,631 | $28.9M | Add +3.6% |
| PEP Pepsico Inc. | 1.43% | 174,016 | $28.7M | Add +6.1% |
| DE Deere & Co. | 1.35% | 72,310 | $27.0M | Add +8.2% |
| BMY Bristol-Myers Squibb Co. | 1.26% | 609,337 | $25.3M | Reduce -4.2% |
| KMI Kinder Morgan Inc. | 1.24% | 1,248,502 | $24.8M | Add +6.0% |
| EOG EOG Resources Inc. | 1.13% | 180,052 | $22.7M | Add +8.2% |
| PFE Pfizer Inc. | 0.98% | 703,563 | $19.7M | Add +2.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.94% | 86,658 | $18.9M | Add +1.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.94% | 77,849 | $18.8M | Add +1.1% |
| WPC WP Carey Inc. | 0.91% | 331,983 | $18.3M | Add +1.4% |
| PHM Pultegroup Inc. | 0.83% | 151,175 | $16.6M | Reduce -0.7% |
| WFC Wells Fargo & Co. | 0.81% | 274,177 | $16.3M | Reduce -2.1% |
| SCHF Schwab Intl Equity ETF | 0.80% | 415,497 | $16.0M | Add +8.8% |
| SCHM Schwab US Mid Cap ETF | 0.78% | 200,237 | $15.6M | Add +5.9% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.68% | 330,569 | $13.7M | Add +6.7% |
| HSY The Hershey Co. | 0.66% | 71,827 | $13.2M | New |
| COP Conocophillips | 0.62% | 109,483 | $12.5M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.62% | 22,766 | $12.4M | Add +19.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.60% | 204,915 | $12.0M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 27,983 | $11.4M | Add +51.1% |
| KO The Coca-Cola Co. | 0.47% | 146,676 | $9.3M | Add +0.9% |
| AMGN Amgen Inc. | 0.46% | 29,474 | $9.2M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.42% | 84,601 | $8.4M | Add +0.2% |
| SCHG Schwab US Large-Cap Growth | 0.40% | 78,758 | $7.9M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 0.36% | 19,607 | $7.1M | Reduce -12.9% |
| NVDA Nvidia Corp. | 0.32% | 52,533 | $6.5M | Add +15.3% |
| VEA Vanguard Ftse Developed ETF | 0.32% | 129,654 | $6.4M | Reduce -0.3% |
| C Citigroup Inc. | 0.31% | 97,155 | $6.2M | Add +4.8% |
| AMZN Amazon.com Inc. | 0.31% | 31,734 | $6.1M | Add +13.4% |
| MDT Medtronic PLC | 0.31% | 77,790 | $6.1M | Add +16.5% |
| SCHV Schwab US Large-Cap Value | 0.30% | 80,851 | $6.0M | Add +0.7% |
| KHC The Kraft Heinz Co. | 0.29% | 182,809 | $5.9M | Reduce -3.0% |
| SCHX Schwab US Large-Cap ETF | 0.28% | 88,518 | $5.7M | Add +2.0% |
| ADP Automatic Data Processing | 0.27% | 22,921 | $5.5M | Add +5.8% |
| UNH Unitedhealth Group Inc. | 0.25% | 9,913 | $5.0M | Add +4.2% |
| LEG Leggett & Platt Inc. | 0.24% | 417,326 | $4.8M | Add +352.6% |
| SCHO Schwab Short-Term US Treas | 0.22% | 91,849 | $4.4M | New |
| GE General Electric filed as GE AEROSPACE | 0.22% | 27,395 | $4.4M | Add +37.5% |
| SCHB Schwab US Broad Market ETF | 0.21% | 66,915 | $4.2M | Add +2.3% |
| XOM Exxon Mobil Corp. | 0.21% | 36,524 | $4.2M | Add +19.7% |
| AVGO Broadcom Inc. | 0.21% | 2,615 | $4.2M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 0.20% | 22,060 | $4.0M | Add +1.8% |
| SPTI SS SPDR P Int Term TSY ETF | 0.19% | 137,504 | $3.9M | New |
| IEF iShares 7-10 Year Treasury B | 0.19% | 40,111 | $3.8M | New |
| INTC Intel Corp. | 0.19% | 120,657 | $3.7M | Reduce -3.1% |
| VWO Vanguard Ftse Emerging Marke | 0.18% | 83,727 | $3.7M | Reduce -1.1% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.18% | 137,810 | $3.7M | Add +4.5% |
| LLY Eli Lilly & Co. | 0.18% | 3,886 | $3.5M | Reduce -2.5% |
| HD Home Depot Inc. | 0.17% | 10,131 | $3.5M | Add +19.2% |
| GOOGL Alphabet Inc. Class A | 0.17% | 18,815 | $3.4M | Add +0.4% |
| ORCL Oracle Corp. | 0.16% | 23,128 | $3.3M | Add +11.0% |
| SPTS SS SPDR P St Term TSY ETF | 0.16% | 113,040 | $3.3M | New |
| SHY iShares 1-3 Year Treasury Bo | 0.16% | 39,659 | $3.2M | New |
| VGK Vanguard Ftse Europe ETF | 0.16% | 47,558 | $3.2M | Add +4.2% |
| IWM iShares Russell 2000 ETF | 0.15% | 14,513 | $2.9M | Reduce -5.0% |
| BX Blackstone Inc. | 0.15% | 23,773 | $2.9M | Add +0.5% |
| VTWV Vanguard Russell 2000 Value | 0.14% | 20,560 | $2.8M | Add +5.6% |
| CBU Community Financial System I | 0.13% | 53,643 | $2.5M | Add +133.6% |
| DVY iShares Select Dividend ETF | 0.13% | 20,838 | $2.5M | Add +89.4% |
| AEP American Electric Power | 0.12% | 28,535 | $2.5M | Reduce -0.9% |
| IGRO iShares Intl Div Growth ETF | 0.12% | 36,050 | $2.4M | Reduce -8.9% |
| IAU iShares Gold Trust | 0.12% | 54,758 | $2.4M | New |
| DELL Dell Technologies -C | 0.12% | 16,882 | $2.3M | Reduce -37.7% |
| SCHD Schwab US DVD Equity ETF | 0.12% | 29,728 | $2.3M | Add +1.1% |
| SCHA Schwab US Small-Cap ETF | 0.11% | 47,068 | $2.2M | Add +0.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.11% | 28,553 | $2.2M | New |
| FLR Fluor Corp. | 0.11% | 50,000 | $2.2M | No change |
| UNP Union Pacific Corp. | 0.11% | 9,518 | $2.2M | Add +0.5% |
| IWD iShares Russell 1000 Value E | 0.11% | 12,326 | $2.2M | Reduce -0.4% |
| TOL Toll Brothers Inc. | 0.10% | 18,028 | $2.1M | Reduce -0.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.10% | 4,403 | $2.1M | Reduce -8.1% |
| SYY Sysco Corp. | 0.10% | 28,369 | $2.0M | Reduce -2.3% |
Portfolio Sells Q1 2024 → Q2 2024
| BMY Bristol-Myers Squibb Co. | Reduce -4.2% | 1.26% | −0.57 |
| MSFT Microsoft Corp. | Reduce -9.1% | 4.49% | −0.45 |
| PHM Pultegroup Inc. | Reduce -0.7% | 0.83% | −0.14 |
| COP Conocophillips | Reduce -1.1% | 0.62% | −0.12 |
| INTC Intel Corp. | Reduce -3.1% | 0.19% | −0.11 |
| RTX RTX Corp. | Sold out | 0.00% | −0.10 |
| KHC The Kraft Heinz Co. | Reduce -3.0% | 0.29% | −0.07 |
| WFC Wells Fargo & Co. | Reduce -2.1% | 0.81% | −0.05 |
| DELL Dell Technologies -C | Reduce -37.7% | 0.12% | −0.05 |
| IWF iShares Russell 1000 Growth | Reduce -12.9% | 0.36% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.05 |
| TGT Target Corp. | Sold out | 0.00% | −0.03 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.03 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.3% | 0.32% | −0.03 |
| SYY Sysco Corp. | Reduce -2.3% | 0.10% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -5.0% | 0.15% | −0.02 |
| TOL Toll Brothers Inc. | Reduce -0.7% | 0.10% | −0.02 |
| FCX Freeport-McMoran Inc. | Reduce -60.4% | 0.01% | −0.02 |
| IGRO iShares Intl Div Growth ETF | Reduce -8.9% | 0.12% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -9.5% | 0.06% | −0.02 |
| LKQ LKQ Corp. | Sold out | 0.00% | −0.02 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.02 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.01 |
| ITW Illinois Tool Works | Reduce -0.4% | 0.07% | −0.01 |
| VTRS Viatris Inc. | Reduce -6.1% | 0.05% | −0.01 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -3.1% | 0.06% | −0.01 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.01 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.01 |
| DON Wisdomtree US Midcap Dividen | Sold out | 0.00% | −0.01 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.01 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.01 |
| PTON Peloton Interactive Inc. Class A | Sold out | 0.00% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -0.4% | 0.11% | −0.01 |
| PGR Progressive Corp. | Reduce -7.7% | 0.07% | −0.01 |
| LUV Southwest Airlines Co. | Reduce -6.1% | 0.06% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.1% | 0.08% | −0.01 |
| ADSK Autodesk Inc. | Reduce -3.2% | 0.05% | −0.01 |
| AEP American Electric Power | Reduce -0.9% | 0.12% | −0.01 |
| AXP American Express Co. | Reduce -0.6% | 0.10% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.6% | 0.04% | −0.00 |
| GLD SPDR Gold Shares | Reduce -26.4% | 0.01% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.1% | 0.18% | −0.00 |
| CZR Caesars Entertainment Inc. | Reduce -0.8% | 0.03% | −0.00 |
| VLO Valero Energy Corp. | Reduce -10.8% | 0.02% | −0.00 |
| BKR Baker Hughes Co. | Reduce -4.3% | 0.07% | −0.00 |
| DRI Darden Restaurants Inc. | Reduce -7.2% | 0.01% | −0.00 |
| BDX Becton Dickinson and Co. | Reduce -4.4% | 0.02% | −0.00 |
| KBE SS SPDR S&P Bank ETF | Reduce -8.3% | 0.02% | −0.00 |
| IWP iShares Russell Mid-Cap Grow | Reduce -4.3% | 0.02% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| HSY The Hershey Co. | New | 0.66% | +0.66 |
| AAPL Apple Inc. | Add +6.1% | 3.02% | +0.56 |
| QCOM Qualcomm Inc. | Add +5.3% | 3.04% | +0.43 |
| SCHO Schwab Short-Term US Treas | New | 0.22% | +0.22 |
| SPTI SS SPDR P Int Term TSY ETF | New | 0.19% | +0.19 |
| WMT Walmart Inc. | Add +3.7% | 2.09% | +0.19 |
| IEF iShares 7-10 Year Treasury B | New | 0.19% | +0.19 |
| EMR Emerson Electric Co. | Add +19.4% | 2.02% | +0.17 |
| SPTS SS SPDR P St Term TSY ETF | New | 0.16% | +0.16 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.16% | +0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +51.1% | 0.57% | +0.15 |
| LEG Leggett & Platt Inc. | Add +352.6% | 0.24% | +0.14 |
| BAC Bank of America Corp. | Add +5.3% | 3.25% | +0.12 |
| IAU iShares Gold Trust | New | 0.12% | +0.12 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.11% | +0.11 |
| NVDA Nvidia Corp. | Add +15.3% | 0.32% | +0.11 |
| KMI Kinder Morgan Inc. | Add +6.0% | 1.24% | +0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +19.8% | 0.62% | +0.09 |
| SPSB SS SPDR P St C Corp. ETF | New | 0.08% | +0.08 |
| SGOV iShares 0-3 Month Treasury B | New | 0.08% | +0.08 |
| HON Honeywell International Inc. | Add +6.9% | 1.78% | +0.08 |
| SLQD iShares 0-5 YR Inv GRD Corp. | New | 0.08% | +0.08 |
| MTB M & T Bank Corp. | Add +7.3% | 1.48% | +0.07 |
| CBU Community Financial System I | Add +133.6% | 0.13% | +0.07 |
| LMT Lockheed Martin Corp. | Add +6.2% | 2.12% | +0.06 |
| DVY iShares Select Dividend ETF | Add +89.4% | 0.13% | +0.05 |
| VCIT Vanguard Int-Term Corporate | New | 0.05% | +0.05 |
| PG The Procter & Gamble Co. | Add +7.0% | 1.93% | +0.05 |
| MUB iShares National Muni Bond E | New | 0.04% | +0.04 |
| ACN Accenture PLC Class A | New | 0.04% | +0.04 |
| AMZN Amazon.com Inc. | Add +13.4% | 0.31% | +0.04 |
| PPL PPL Corp. | Add +7.9% | 1.68% | +0.03 |
| GE General Electric | Add +37.5% | 0.22% | +0.03 |
| TEL Te Connectivity Ltd. | Add +4.2% | 1.99% | +0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.03% | +0.03 |
| PFIS Peoples Financial Services | New | 0.03% | +0.03 |
| SYK Stryker Corp. | New | 0.03% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +1.8% | 0.20% | +0.03 |
| WPM Wheaton Precious Metals Corp. | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | Add +0.1% | 0.21% | +0.03 |
| MBB iShares MBS ETF | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | Add +11.0% | 0.16% | +0.02 |
| SCHJ Schwab 1-5 YR Corp. BND ETF | New | 0.02% | +0.02 |
| FLRN SS SPDR BB Ig Float RT ETF | New | 0.02% | +0.02 |
| SUB iShares Short-Term National | New | 0.02% | +0.02 |
| SEER Seer Inc. | New | 0.02% | +0.02 |
| ELV Elevance Health Inc. | Add +150.2% | 0.04% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +5.9% | 1.50% | +0.02 |
| XOM Exxon Mobil Corp. | Add +19.7% | 0.21% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.4% | 0.17% | +0.02 |
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 |