Berkshire Asset Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Berkshire Asset Management LLC reported 263 stock positions worth $2.3 billion. Its top holding was JPMorgan Chase (JPM) at 4.4% of the portfolio, followed by Abbvie (ABBV, 3.6%) and Chevron (CVX, 3.5%). Compared with Q4 2025, it opened 20 new positions, sold out of 19, added to 108 and reduced 90. The biggest buy was Chevron (CVX, shares +0%) and the biggest sale JPMorgan Chase (JPM, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WILKES BARRE, PA
- CIK
- 0000949012
- Portfolio Value
- $2.3B (Q1 2026)
- SEC Filing
- 0001398344-26-008838 ↗ filed May 11, 2026
Holdings Value
Holdings 263 stocks · $2.3B
| JPM JPMorgan Chase & Co. | 4.37% | 346,340 | $101.9M | Reduce -0.6% |
| ABBV Abbvie Inc. | 3.55% | 380,870 | $82.8M | Add +1.0% |
| CVX Chevron Corp. | 3.49% | 393,783 | $81.5M | Add +0.4% |
| AAPL Apple Inc. | 3.07% | 281,756 | $71.5M | Add +3.0% |
| MSFT Microsoft Corp. | 3.02% | 190,355 | $70.5M | Add +3.6% |
| CSCO Cisco Systems Inc. | 2.87% | 861,657 | $66.9M | Reduce -0.5% |
| JNJ Johnson & Johnson | 2.62% | 249,741 | $61.0M | Reduce -0.6% |
| NUE Nucor Corp. | 2.61% | 360,065 | $60.9M | Add +0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.45% | 1,173,442 | $57.2M | Add +0.2% |
| WM Waste Management Inc. | 2.35% | 238,681 | $54.8M | Add +1.4% |
| TEL Te Connectivity PLC | 2.25% | 250,634 | $52.4M | Reduce -0.1% |
| LMT Lockheed Martin Corp. | 2.23% | 85,956 | $52.0M | Add +3.1% |
| DELL Dell Technologies -C | 2.19% | 311,632 | $51.1M | Add +0.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 2.17% | 244,256 | $50.5M | Add +1.4% |
| HON Honeywell International Inc. | 2.09% | 216,047 | $48.8M | Add +3.9% |
| WMT Walmart Inc. | 2.05% | 384,220 | $47.8M | Reduce -1.8% |
| NSC Norfolk Southern Corp. | 1.92% | 155,740 | $44.7M | Reduce -0.8% |
| PPL PPL Corp. | 1.89% | 1,152,847 | $44.0M | Add +1.5% |
| CB Chubb Ltd. | 1.80% | 128,652 | $41.9M | Add +0.2% |
| PNC PNC Financial Services Group | 1.78% | 199,273 | $41.5M | Add +0.1% |
| EMR Emerson Electric Co. | 1.78% | 316,076 | $41.4M | Reduce -0.1% |
| KMI Kinder Morgan Inc. | 1.76% | 1,222,679 | $41.0M | Add +0.4% |
| EOG EOG Resources Inc. | 1.75% | 282,563 | $40.9M | Add +6.4% |
| DE Deere & Co. | 1.74% | 72,147 | $40.6M | Add +0.8% |
| MCD McDonald's Corp. | 1.70% | 127,867 | $39.7M | Reduce -0.5% |
| QCOM Qualcomm Inc. | 1.66% | 301,081 | $38.8M | Add +0.5% |
| SCHW Schwab (charles) Corp. | 1.64% | 406,658 | $38.2M | Add +0.3% |
| BMY Bristol-Myers Squibb Co. | 1.54% | 593,856 | $36.0M | Add +1.9% |
| LOW Lowe's Cos Inc. | 1.53% | 151,353 | $35.8M | Add +0.2% |
| MDLZ Mondelez International Inc. Class A | 1.47% | 596,035 | $34.4M | Add +5.7% |
| PG The Procter & Gamble Co. | 1.43% | 231,405 | $33.4M | Add +2.3% |
| ABT Abbott Laboratories | 1.35% | 306,714 | $31.5M | Add +1.9% |
| HSY The Hershey Co. | 1.31% | 147,259 | $30.6M | Add +0.8% |
| SCHF Schwab Intl Equity ETF | 1.29% | 1,215,330 | $30.1M | Add +12.7% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.21% | 583,909 | $28.2M | Add +3.5% |
| PEP Pepsico Inc. | 1.18% | 176,906 | $27.5M | Add +1.6% |
| LEN Lennar Corp. Class A | 1.17% | 314,480 | $27.3M | Add +4.0% |
| AOS Smith (a.o.) Corp. | 1.12% | 397,432 | $26.2M | Add +2.2% |
| WPC WP Carey Inc. | 0.96% | 330,788 | $22.5M | Add +0.8% |
| SCHM Schwab US Mid Cap ETF | 0.95% | 715,433 | $22.1M | Add +4.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.87% | 270,017 | $20.3M | Add +6.6% |
| WFC Wells Fargo & Co. | 0.81% | 237,109 | $18.9M | Reduce -0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.79% | 64,074 | $18.4M | Add +0.2% |
| PHM Pultegroup Inc. | 0.68% | 134,957 | $15.9M | Reduce -0.8% |
| GIS General Mills Inc. | 0.68% | 425,612 | $15.8M | Add +6.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.64% | 56,691 | $14.8M | Add +0.5% |
| COP Conocophillips | 0.57% | 100,560 | $13.3M | Reduce -0.5% |
| SCHG Schwab US Large-Cap Growth | 0.53% | 424,873 | $12.4M | Add +2.7% |
| KO The Coca-Cola Co. | 0.49% | 149,210 | $11.3M | Add +8.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.48% | 17,072 | $11.1M | Reduce -1.8% |
| VEA Vanguard Ftse Developed ETF | 0.41% | 149,385 | $9.6M | Add +6.5% |
| AMGN Amgen Inc. | 0.40% | 26,738 | $9.4M | Reduce -1.8% |
| C Citigroup Inc. | 0.38% | 78,590 | $8.9M | Reduce -0.0% |
| AMZN Amazon.com Inc. | 0.38% | 42,305 | $8.8M | Add +13.9% |
| IWF iShares Russell 1000 Growth | 0.37% | 20,206 | $8.6M | Add +2.0% |
| SCHV Schwab US Large-Cap Value | 0.36% | 278,431 | $8.5M | Add +8.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.36% | 85,915 | $8.3M | Reduce -1.4% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.35% | 248,234 | $8.2M | Add +36.8% |
| SCHX Schwab US Large-Cap ETF | 0.35% | 318,037 | $8.2M | Add +7.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 16,054 | $7.7M | Reduce -6.7% |
| AVGO Broadcom Inc. | 0.28% | 20,790 | $6.4M | Reduce -2.1% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 21,917 | $6.2M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.26% | 20,739 | $6.0M | Add +14.7% |
| GOOG Alphabet Inc. Class C | 0.25% | 20,178 | $5.8M | Reduce -5.1% |
| XOM Exxon Mobil Corp. | 0.25% | 33,863 | $5.7M | Reduce -4.7% |
| GEV GE Vernova Inc. | 0.23% | 6,074 | $5.3M | Reduce -6.3% |
| VWO Vanguard Ftse Emerging Marke | 0.22% | 95,194 | $5.1M | Add +10.9% |
| SCHB Schwab US Broad Market ETF | 0.21% | 198,650 | $5.0M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.19% | 24,814 | $4.3M | Add +0.5% |
| MRK Merck & Co. Inc. | 0.18% | 35,024 | $4.2M | Add +1.0% |
| VTWV Vanguard Russell 2000 Value | 0.17% | 24,167 | $4.0M | Add +1.1% |
| MDT Medtronic PLC | 0.17% | 45,234 | $3.9M | Reduce -2.4% |
| ADP Automatic Data Processing | 0.16% | 18,727 | $3.8M | Reduce -9.1% |
| LLY Eli Lilly & Co. | 0.16% | 3,955 | $3.6M | Add +1.5% |
| RTX RTX Corp. | 0.15% | 18,301 | $3.5M | Add +1.1% |
| IWM iShares Russell 2000 ETF | 0.14% | 13,384 | $3.3M | Add +1.3% |
| IGRO iShares Intl Div Growth ETF | 0.14% | 37,661 | $3.2M | Add +0.9% |
| TTI Tetra Technologies Inc. | 0.13% | 367,500 | $3.1M | No change |
| MRP Millrose Properties | 0.13% | 105,181 | $2.9M | Reduce -3.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 11,880 | $2.9M | Add +1.8% |
| T AT&T Inc. | 0.12% | 98,983 | $2.9M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.12% | 5,009 | $2.9M | Add +27.0% |
| XLP SS Consumer Staples Sel Sect | 0.12% | 34,015 | $2.8M | Add +1.3% |
| CAT Caterpillar Inc. | 0.12% | 3,932 | $2.8M | Add +0.5% |
| HD Home Depot Inc. | 0.12% | 8,425 | $2.8M | Reduce -6.8% |
| IWD iShares Russell 1000 Value E | 0.12% | 12,804 | $2.7M | Reduce -51.6% |
| BX Blackstone Inc. | 0.12% | 23,778 | $2.7M | Reduce -1.9% |
| AEP American Electric Power | 0.12% | 20,552 | $2.7M | Add +1.0% |
| PM Philip Morris International | 0.12% | 16,220 | $2.7M | Add +4.8% |
| PFE Pfizer Inc. | 0.11% | 94,145 | $2.6M | Reduce -5.3% |
| AXP American Express Co. | 0.11% | 8,658 | $2.6M | Add +1.1% |
| KHC The Kraft Heinz Co. | 0.11% | 113,456 | $2.6M | Reduce -4.9% |
| CPB The Campbell's Company | 0.10% | 107,123 | $2.4M | Add +47.3% |
| ORCL Oracle Corp. | 0.10% | 15,957 | $2.3M | Reduce -22.2% |
| FLR Fluor Corp. | 0.10% | 50,000 | $2.3M | No change |
| EFA iShares MSCI Eafe ETF | 0.09% | 22,756 | $2.2M | Add +1.1% |
| REZI Resideo Technologies Inc. | 0.09% | 63,319 | $2.1M | No change |
| VZ Verizon Communications Inc. | 0.09% | 41,921 | $2.1M | Reduce -10.6% |
| BKR Baker Hughes Co. | 0.09% | 33,405 | $2.0M | Add +0.4% |
| STX Seagate Technology Holdings | 0.09% | 5,138 | $2.0M | Add +0.1% |
Portfolio Sells Q4 2025 → Q1 2026
| JPM JPMorgan Chase & Co. | Reduce -0.6% | 4.37% | −0.56 |
| TEL Te Connectivity PLC | Reduce -0.1% | 2.25% | −0.26 |
| WFC Wells Fargo & Co. | Reduce -0.1% | 0.81% | −0.16 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.13 |
| IWD iShares Russell 1000 Value E | Reduce -51.6% | 0.12% | −0.13 |
| SOLS Solstice Adv Materials Inc. | Sold out | 0.00% | −0.11 |
| DIS The Walt Disney Co. | Reduce -1.4% | 0.36% | −0.08 |
| ORCL Oracle Corp. | Reduce -22.2% | 0.10% | −0.07 |
| NSC Norfolk Southern Corp. | Reduce -0.8% | 1.92% | −0.07 |
| ADP Automatic Data Processing | Reduce -9.1% | 0.16% | −0.07 |
| EMR Emerson Electric Co. | Reduce -0.1% | 1.78% | −0.07 |
| INTC Intel Corp. | Reduce -64.5% | 0.04% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -0.5% | 2.87% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.7% | 0.33% | −0.05 |
| BX Blackstone Inc. | Reduce -1.9% | 0.12% | −0.05 |
| AVGO Broadcom Inc. | Reduce -2.1% | 0.28% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -5.1% | 0.25% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.8% | 0.48% | −0.04 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.04 |
| GE General Electric | Reduce -0.1% | 0.27% | −0.03 |
| MDT Medtronic PLC | Reduce -2.4% | 0.17% | −0.03 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -3.3% | 0.08% | −0.02 |
| KBE SS SPDR S&P Bank ETF | Sold out | 0.00% | −0.02 |
| C Citigroup Inc. | Reduce -0.0% | 0.38% | −0.02 |
| V Visa Inc. Class A | Reduce -9.6% | 0.06% | −0.02 |
| MCD McDonald's Corp. | Reduce -0.5% | 1.70% | −0.02 |
| PHM Pultegroup Inc. | Reduce -0.8% | 0.68% | −0.02 |
| HD Home Depot Inc. | Reduce -6.8% | 0.12% | −0.02 |
| KHC The Kraft Heinz Co. | Reduce -4.9% | 0.11% | −0.02 |
| BUD Anheuser-Busch Inbev-SPN ADR | Sold out | 0.00% | −0.02 |
| MRP Millrose Properties | Reduce -3.5% | 0.13% | −0.02 |
| PGR Progressive Corp. | Reduce -18.9% | 0.04% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -0.5% | 0.21% | −0.02 |
| USB US Bancorp | Sold out | 0.00% | −0.02 |
| TSCO Tractor Supply Company | Sold out | 0.00% | −0.01 |
| ADSK Autodesk Inc. | Reduce -8.8% | 0.03% | −0.01 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.01 |
| DGRO iShares Core Dividend Growth | Sold out | 0.00% | −0.01 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.01 |
| UPS United Parcel Service Class B | Reduce -30.5% | 0.02% | −0.01 |
| ONEY SS SPDR R1000 Yield Foc ETF | Sold out | 0.00% | −0.01 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.01 |
| BN Brookfield Corp. | Sold out | 0.00% | −0.01 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.01 |
| VONV Vanguard Russell 1000 Value | Reduce -21.6% | 0.03% | −0.01 |
| HACK Amplify Cybersecurity ETF | Sold out | 0.00% | −0.01 |
| HPQ HP Inc. | Sold out | 0.00% | −0.01 |
| COR Cencora Inc. | Sold out | 0.00% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -6.2% | 0.06% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| CVX Chevron Corp. | Add +0.4% | 3.49% | +0.87 |
| EOG EOG Resources Inc. | Add +6.4% | 1.75% | +0.53 |
| DELL Dell Technologies -C | Add +0.7% | 2.19% | +0.48 |
| LMT Lockheed Martin Corp. | Add +3.1% | 2.23% | +0.46 |
| HON Honeywell International Inc. | Add +3.9% | 2.09% | +0.31 |
| KMI Kinder Morgan Inc. | Add +0.4% | 1.76% | +0.29 |
| DE Deere & Co. | Add +0.8% | 1.74% | +0.28 |
| BMY Bristol-Myers Squibb Co. | Add +1.9% | 1.54% | +0.17 |
| SCHF Schwab Intl Equity ETF | Add +12.7% | 1.29% | +0.15 |
| HSY The Hershey Co. | Add +0.8% | 1.31% | +0.15 |
| PPL PPL Corp. | Add +1.5% | 1.89% | +0.14 |
| MDLZ Mondelez International Inc. Class A | Add +5.7% | 1.47% | +0.14 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +36.8% | 0.35% | +0.09 |
| WM Waste Management Inc. | Add +1.4% | 2.35% | +0.08 |
| PEP Pepsico Inc. | Add +1.6% | 1.18% | +0.08 |
| KO The Coca-Cola Co. | Add +8.8% | 0.49% | +0.07 |
| VEU Vanguard Ftse All-World Ex-U | Add +6.6% | 0.87% | +0.05 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +3.5% | 1.21% | +0.05 |
| SCHM Schwab US Mid Cap ETF | Add +4.9% | 0.95% | +0.05 |
| VSNT Versant Media Group Inc. | Add +3909.8% | 0.05% | +0.05 |
| CART Maplebear Inc. | New | 0.05% | +0.05 |
| NUE Nucor Corp. | Add +0.4% | 2.61% | +0.04 |
| PNFP Pinnacle Financial Partners | New | 0.04% | +0.04 |
| CB Chubb Ltd. | Add +0.2% | 1.80% | +0.04 |
| WPC WP Carey Inc. | Add +0.8% | 0.96% | +0.04 |
| MTB M & T Bank Corp. | Add +1.4% | 2.17% | +0.04 |
| MHK Mohawk Industries Inc. | New | 0.03% | +0.03 |
| SCHV Schwab US Large-Cap Value | Add +8.5% | 0.36% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +6.5% | 0.41% | +0.03 |
| EEM iShares MSCI Emerging Market | New | 0.03% | +0.03 |
| STX Seagate Technology Holdings | Add +0.1% | 0.09% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +76.5% | 0.06% | +0.02 |
| CAT Caterpillar Inc. | Add +0.5% | 0.12% | +0.02 |
| BKR Baker Hughes Co. | Add +0.4% | 0.09% | +0.02 |
| MRK Merck & Co. Inc. | Add +1.0% | 0.18% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +10.9% | 0.22% | +0.02 |
| T AT&T Inc. | Add +1.1% | 0.12% | +0.02 |
| CPB The Campbell's Company | Add +47.3% | 0.10% | +0.01 |
| SO The Southern Co. | New | 0.01% | +0.01 |
| AEP American Electric Power | Add +1.0% | 0.12% | +0.01 |
| UBER Uber Technologies Inc. | Add +93.8% | 0.03% | +0.01 |
| GLW Corning Inc. | New | 0.01% | +0.01 |
| PG The Procter & Gamble Co. | Add +2.3% | 1.43% | +0.01 |
| MO Altria Group Inc. | Add +3.4% | 0.08% | +0.01 |
| PSX Phillips 66 | Add +14.9% | 0.03% | +0.01 |
| NFLX Netflix Inc. | New | 0.01% | +0.01 |
| ADI Analog Devices Inc. | Add +1.0% | 0.08% | +0.01 |
| GILD Gilead Sciences Inc. | New | 0.01% | +0.01 |
| ETN Eaton Corp. PLC | New | 0.01% | +0.01 |
| SPHR Sphere Entertainment Co. | New | 0.01% | +0.01 |
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 |