Berkshire Raises Chevron Stake as Q4 U.S. Equity Holdings Climb to $274.2B
Berkshire Hathaway increased its Chevron stake in Q4 2025, trimming positions in Apple and Amazon while adding New York Times, Chubb and Domino’s Pizza. It ended the quarter with $274.2 billion in U.S. equity holdings, a 2.6% uptick that reflects capital freed from other stake exits.
1. Q4 2025 Portfolio Reshuffle
In the fourth quarter of 2025, Berkshire Hathaway reallocated capital across its U.S. equity portfolio by reducing stakes in Apple, Bank of America and Amazon and deploying proceeds into companies with economic moats, including Chevron, The New York Times and Chubb, while initiating a position in Domino’s Pizza.
2. Q4 Equity Holdings Growth
The reshuffle left Berkshire with $274.2 billion in reportable U.S. equity holdings, a 2.6% sequential rise that underscores the conglomerate’s shift toward businesses with higher growth or defensive characteristics, with Chevron now among its top energy bets.