Berkshire Asset Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Berkshire Asset Management LLC reported 284 stock positions worth $2.0 billion. Its top holding was Microsoft (MSFT) at 4.6% of the portfolio, followed by JPMorgan Chase (JPM, 4.3%) and Abbvie (ABBV, 3.5%). Compared with Q2 2024, it opened 2 new positions, sold out of 6 and reduced 1. The biggest buy was a new position in Target (TGT) and the biggest sale an exit from Te Connectivity (TEL).

Most Recent 13F
Q2 2026
Location
WILKES BARRE, PA
CIK
0000949012
Portfolio Value
$2.0B (Q3 2024)
SEC Filing
0001398344-24-020774 ↗ filed Nov 14, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.9B Q1 2024 Q2 2024: $2.0B Q2 2024 Q3 2024: $2.0B $2.0B Q3 2024 Q4 2024: $2.1B Q4 2024 Q1 2025: $2.1B Q1 2025 Q2 2025: $2.2B Q2 2025 Q3 2025: $2.4B Q3 2025 Q4 2025: $2.3B Q4 2025 Q1 2026: $2.3B Q1 2026 Q2 2026: $2.5B Q2 2026

Holdings 284 stocks · $2.0B
MSFT Microsoft Corp. 4.58% 201,554 $90.1M No change
JPM JPMorgan Chase & Co. 4.32% 419,868 $84.9M No change
ABBV Abbvie Inc. 3.54% 405,714 $69.6M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.31% 1,638,505 $65.2M No change
CVX Chevron Corp. 3.21% 403,855 $63.2M No change
QCOM Qualcomm Inc. 3.10% 306,111 $61.0M No change
AAPL Apple Inc. 3.08% 287,514 $60.6M No change
NUE Nucor Corp. 2.87% 356,930 $56.4M No change
WM Waste Management Inc. 2.76% 254,486 $54.3M No change
CSCO Cisco Systems Inc. 2.21% 912,529 $43.4M No change
MRK Merck & Co. Inc. 2.18% 346,426 $42.9M No change
LMT Lockheed Martin Corp. 2.16% 90,949 $42.5M No change
WMT Walmart Inc. 2.13% 618,202 $41.9M No change
EMR Emerson Electric Co. 2.06% 368,349 $40.6M No change
MDLZ Mondelez International Inc. Class A 2.06% 620,032 $40.6M No change
PG The Procter & Gamble Co. 1.97% 234,437 $38.7M No change
JNJ Johnson & Johnson 1.94% 261,268 $38.2M No change
HON Honeywell International Inc. 1.81% 167,046 $35.7M No change
CB Chubb Ltd. 1.73% 133,208 $34.0M No change
LOW Lowe's Cos Inc. 1.72% 153,407 $33.8M No change
PPL PPL Corp. 1.71% 1,219,275 $33.7M No change
NSC Norfolk Southern Corp. 1.71% 157,019 $33.7M No change
MCD McDonald's Corp. 1.69% 130,356 $33.2M No change
ABT Abbott Laboratories 1.62% 306,128 $31.8M No change
PNC PNC Financial Services Group 1.62% 204,588 $31.8M No change
SCHW Schwab (charles) Corp. 1.54% 409,674 $30.2M No change
MTB M & T Bank Corp. filed as M & T BK CORP 1.51% 196,359 $29.7M No change
GIS General Mills Inc. 1.47% 456,631 $28.9M No change
PEP Pepsico Inc. 1.46% 174,016 $28.7M No change
DE Deere & Co. 1.37% 72,310 $27.0M No change
BMY Bristol-Myers Squibb Co. 1.29% 609,337 $25.3M No change
KMI Kinder Morgan Inc. 1.26% 1,248,502 $24.8M No change
EOG EOG Resources Inc. 1.15% 180,052 $22.7M No change
PFE Pfizer Inc. 1.00% 703,563 $19.7M No change
VB Vanguard Most SM-Cap ETF-Usd 0.96% 86,658 $18.9M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.96% 77,849 $18.8M No change
WPC WP Carey Inc. 0.93% 331,983 $18.3M No change
PHM Pultegroup Inc. 0.85% 151,175 $16.6M No change
WFC Wells Fargo & Co. 0.83% 274,177 $16.3M No change
SCHF Schwab Intl Equity ETF 0.81% 415,497 $16.0M No change
SCHM Schwab US Mid Cap ETF 0.79% 200,237 $15.6M No change
SPSM SS SPDR P S&P 600 Small Cap 0.70% 330,569 $13.7M No change
HSY The Hershey Co. 0.67% 71,827 $13.2M No change
COP Conocophillips 0.64% 109,483 $12.5M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.63% 22,766 $12.4M No change
VEU Vanguard Ftse All-World Ex-U 0.61% 204,915 $12.0M No change
BRK.B Berkshire Hathaway Inc. Class B 0.58% 27,983 $11.4M No change
KO The Coca-Cola Co. 0.47% 146,676 $9.3M No change
AMGN Amgen Inc. 0.47% 29,474 $9.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.43% 84,601 $8.4M No change
SCHG Schwab US Large-Cap Growth 0.40% 78,758 $7.9M No change
IWF iShares Russell 1000 Growth 0.36% 19,607 $7.1M No change
NVDA Nvidia Corp. 0.33% 52,533 $6.5M No change
VEA Vanguard Ftse Developed ETF 0.33% 129,654 $6.4M No change
C Citigroup Inc. 0.31% 97,155 $6.2M No change
AMZN Amazon.com Inc. 0.31% 31,734 $6.1M No change
MDT Medtronic PLC 0.31% 77,790 $6.1M No change
SCHV Schwab US Large-Cap Value 0.30% 80,851 $6.0M No change
KHC The Kraft Heinz Co. 0.30% 182,809 $5.9M No change
SCHX Schwab US Large-Cap ETF 0.29% 88,518 $5.7M No change
ADP Automatic Data Processing 0.28% 22,921 $5.5M No change
UNH Unitedhealth Group Inc. 0.26% 9,913 $5.0M No change
LEG Leggett & Platt Inc. 0.24% 417,326 $4.8M No change
SCHO Schwab Short-Term US Treas 0.22% 91,849 $4.4M No change
GE General Electric filed as GE AEROSPACE 0.22% 27,395 $4.4M No change
SCHB Schwab US Broad Market ETF 0.21% 66,915 $4.2M No change
XOM Exxon Mobil Corp. 0.21% 36,524 $4.2M No change
AVGO Broadcom Inc. 0.21% 2,615 $4.2M Reduce -90.0%
GOOG Alphabet Inc. Class C 0.21% 22,060 $4.0M No change
SPTI SS SPDR P Int Term TSY ETF 0.20% 137,504 $3.9M No change
IEF iShares 7-10 Year Treasury B 0.19% 40,111 $3.8M No change
INTC Intel Corp. 0.19% 120,657 $3.7M No change
VWO Vanguard Ftse Emerging Marke 0.19% 83,727 $3.7M No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.19% 137,810 $3.7M No change
LLY Eli Lilly & Co. 0.18% 3,886 $3.5M No change
HD Home Depot Inc. 0.18% 10,131 $3.5M No change
GOOGL Alphabet Inc. Class A 0.17% 18,815 $3.4M No change
ORCL Oracle Corp. 0.17% 23,128 $3.3M No change
SPTS SS SPDR P St Term TSY ETF 0.17% 113,040 $3.3M No change
SHY iShares 1-3 Year Treasury Bo 0.16% 39,659 $3.2M No change
VGK Vanguard Ftse Europe ETF 0.16% 47,558 $3.2M No change
IWM iShares Russell 2000 ETF 0.15% 14,513 $2.9M No change
BX Blackstone Inc. 0.15% 23,773 $2.9M No change
VTWV Vanguard Russell 2000 Value 0.14% 20,560 $2.8M No change
CBU Community Financial System I 0.13% 53,643 $2.5M No change
DVY iShares Select Dividend ETF 0.13% 20,838 $2.5M No change
AEP American Electric Power 0.13% 28,535 $2.5M No change
IGRO iShares Intl Div Growth ETF 0.12% 36,050 $2.4M No change
IAU iShares Gold Trust 0.12% 54,758 $2.4M No change
DELL Dell Technologies -C 0.12% 16,882 $2.3M No change
SCHD Schwab US DVD Equity ETF 0.12% 29,728 $2.3M No change
SCHA Schwab US Small-Cap ETF 0.11% 47,068 $2.2M No change
VCSH Vanguard S/T Corp. Bond ETF 0.11% 28,553 $2.2M No change
FLR Fluor Corp. 0.11% 50,000 $2.2M No change
UNP Union Pacific Corp. 0.11% 9,518 $2.2M No change
IWD iShares Russell 1000 Value E 0.11% 12,326 $2.2M No change
TOL Toll Brothers Inc. 0.11% 18,028 $2.1M No change
VRTX Vertex Pharmaceuticals Inc. 0.10% 4,403 $2.1M No change
SYY Sysco Corp. 0.10% 28,369 $2.0M No change
AXP American Express Co. 0.10% 8,622 $2.0M No change

Show all 284 holdings

Portfolio Sells Q2 2024 → Q3 2024
TEL Te Connectivity Ltd. Sold out 0.00% −1.99
FNCB FNCB Bancorp Inc. Sold out 0.00% −0.03
FERG Ferguson Jersey Ltd. Sold out 0.00% −0.02
WIRE Encore Wire Corp. Sold out 0.00% −0.01
QMCO Quantum Corp. Sold out 0.00% −0.00
VATE Innovate Corp. Sold out 0.00% −0.00
AVGO Broadcom Inc. Reduce -90.0% 0.21% +0.00

Portfolio Buys Q2 2024 → Q3 2024
TGT Target Corp. New 0.03% +0.03
TTE Totalenergies SE -Spon ADR New 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 270$2.5BJPM, DELL, CSCO, ABBV, AAPL
Q1 2026 263$2.3BJPM, ABBV, CVX, AAPL, MSFT
Q4 2025 261$2.3BJPM, MSFT, ABBV, AAPL, CSCO
Q3 2025 297$2.4BJPM, MSFT, ABBV, AAPL, CVX
Q2 2025 285$2.2BJPM, MSFT, ABBV, CSCO, AAPL
Q1 2025 282$2.1BJPM, MSFT, ABBV, WM, AAPL
Q4 2024 279$2.1BJPM, MSFT, ABBV, CVX, AAPL
Q3 2024 284$2.0BMSFT, JPM, ABBV, BAC, CVX
Q2 2024 288$2.0BMSFT, JPM, ABBV, BAC, CVX
Q1 2024 234$1.9BMSFT, JPM, ABBV, NUE, CVX