Warren Buffett’s Top 5 Stocks Dominate 66% of Berkshire Portfolio in 2025

As 2025 begins, nearly 66% of Warren Buffett‘s Berkshire Hathaway portfolio is concentrated in just five stocks, reflecting the legendary investor’s confidence in a select group of companies. Apple, American Express, Bank of America, Coca-Cola, and Chevron dominate the conglomerate’s holdings, showcasing Buffett’s preference for quality over diversification.

Apple (NASDAQ: AAPL) remains Berkshire’s largest holding, with 300 million shares worth approximately $73.2 billion, accounting for 24.8% of the portfolio. Despite Buffett reducing Berkshire’s stake in Apple since late 2023, the tech giant continues to play a pivotal role in the portfolio. Apple’s stock surged in 2024, even as Buffett trimmed his position.

American Express (NYSE: AXP) is Buffett’s second-largest holding, with over 151.6 million shares valued at $45.2 billion, making up 15.3% of the portfolio. Buffett has repeatedly emphasized his long-term commitment to American Express, noting in his 2024 shareholder letter that Berkshire’s earnings from the company far exceed its initial $1.3 billion investment.

Bank of America (NYSE: BAC) ranks third, with Berkshire owning 766.3 million shares worth $33.9 billion, or 11.5% of the portfolio. Buffett began selling shares of the bank in mid-2024, but it remains a significant holding. Coca-Cola (NYSE: KO) follows closely, with 400 million shares valued at $24.7 billion, representing 8.4% of the portfolio. Buffett has held Coca-Cola for decades.