Form 13-F position report

BERKSHIRE HATHAWAY INC DEL

Reported by BILL & MELINDA GATES FOUNDATION TRUST

BRK-B CUSIP 084670702 Manager CIK 0001166559

Reported 19,406,764 shares, down 2,358,460 (10.8%) from the prior quarter.

Reported value -10.9%; share count -10.8% vs. the prior quarter.

Reduced
% of reported 13F value 27.59% This manager · Q4 2025
Shares 19,406,764 Quarter-end amount reported
Reported value $9,754,809,925 Fair value at quarter end
Consecutive quarters held 51 Through Q4 2025

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Reported position value by quarter
Date Holding Value
2021-09-30 10559142000
2021-12-31 10072317000
2022-03-31 10123816000
2022-06-30 9471021000
2022-09-30 7927782000
2022-12-31 7626693121
2023-03-31 6079633441
2023-06-30 8573712873
2023-09-30 7892119230
2023-12-31 7103365034
2024-03-31 7276298350
2024-06-30 10015498174
2024-09-30 10189057759
2024-12-31 8909229279
2025-03-31 9145695432
2025-06-30 11718561977
2025-09-30 10942248714
2025-12-31 9754809925
2026-03-31 8169547277
2026-06-30 7350651039

Quarterly position history

How this manager's reported quarter-end position changed over time.

20 quarters
Quarterly reported position history for BERKSHIRE HATHAWAY INC DEL held by BILL & MELINDA GATES FOUNDATION TRUST.
Quarter Activity Shares Change % of reported 13F Reported value Filed Source filing
Q2 2026 Reduced 14,689,844 -2,358,460 (-13.8%) 21.35% $7,350,651,039 2026-08-14
Q1 2026 Reduced 17,048,304 -2,358,460 (-12.2%) 25.8% $8,169,547,277 2026-05-15
Q4 2025 Reduced 19,406,764 -2,358,460 (-10.8%) 27.59% $9,754,809,925 2026-02-17
Q3 2025 Reduced 21,765,224 -2,358,460 (-9.8%) 29.91% $10,942,248,714 2025-11-14
Q2 2025 Added 24,123,684 +6,951,249 (40.5%) 24.53% $11,718,561,977 2025-08-14
Q1 2025 Reduced 17,172,435 -2,482,589 (-12.6%) 21.88% $9,145,695,432 2025-05-15
Q4 2024 Reduced 19,655,024 -2,482,589 (-11.2%) 21.2% $8,909,229,279 2025-02-14
Q3 2024 Reduced 22,137,613 -2,482,589 (-10.1%) 22.6% $10,189,057,759 2024-11-14
Q2 2024 Added 24,620,202 +7,317,105 (42.3%) 21.01% $10,015,498,174 2024-08-14
Q1 2024 Reduced 17,303,097 -2,613,252 (-13.1%) 15.87% $7,276,298,350 2024-05-15
Q4 2023 Reduced 19,916,349 -2,613,252 (-11.6%) 16.8% $7,103,365,034 2024-02-14
Q3 2023 Reduced 22,529,601 -2,613,252 (-10.4%) 20.28% $7,892,119,230 2023-11-14
Q2 2023 Added 25,142,853 +5,453,008 (27.7%) 20.38% $8,573,712,873 2023-08-14
Q1 2023 Reduced 19,689,845 -5,000,000 (-20.3%) 16.67% $6,079,633,441 2023-05-15
Q4 2022 Reduced 24,689,845 -5,000,000 (-16.8%) 21.35% $7,626,693,121 2023-02-14
Q3 2022 Reduced 29,689,845 -5,000,000 (-14.4%) 23.32% $7,927,782,000 2022-11-14
Q2 2022 Added 34,689,845 +6,003,166 (20.9%) 53.56% $9,471,021,000 2022-08-15
Q1 2022 Reduced 28,686,679 -5,000,000 (-14.8%) 51.22% $10,123,816,000 2022-05-16
Q4 2021 Reduced 33,686,679 -5,000,000 (-12.9%) 43.85% $10,072,317,000 2022-02-14
Q3 2021 Reduced 38,686,679 -5,000,000 (-11.4%) 45.53% $10,559,142,000 2021-11-15
Five years are shown. A free account unlocks the complete reported history. Unlock full history

Who else reported the position

5051 managers reported BERKSHIRE HATHAWAY INC DEL for Q4 2025.

Managers reporting BERKSHIRE HATHAWAY INC DEL in Q4 2025.
Manager Activity Shares Change % of reported 13F Reported value Tenure
VANGUARD GROUP INC Added 157,103,196 +2,777,083 1.14% $78,967,921,468 51 qtrs
BlackRock Inc Added 121,193,733 +6,572,332 1.03% $60,918,030,137 6 qtrs
STATE STREET CORPORATION Added 73,925,068 +1,112,094 1.25% $37,158,435,430 41 qtrs
GEODE CAPITAL MANAGEMENT LLC Added 40,022,166 +61,224 1.24% $20,063,290,387 51 qtrs
MORGAN STANLEY Reduced 26,280,201 -292,324 0.79% $13,209,744,399 51 qtrs
BILL & MELINDA GATES FOUNDATION TRUST This report Reduced 19,406,764 -2,358,460 27.59% $9,754,809,925 51 qtrs
NORTHERN TRUST CORPORATION Reduced 15,528,328 -314,306 1.0% $7,805,314,069 51 qtrs
JPMorgan Chase & Co Added 12,883,585 +300,024 0.41% $6,475,935,032 51 qtrs
THE BANK OF NEW YORK MELLON CORPORATION Added 11,167,907 +49,958 0.99% $5,613,548,366 51 qtrs
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added 11,044,013 +76,080 0.86% $5,551,273,134 51 qtrs
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
December 31, 2025
Filed
February 17, 2026
Filing type
13F-HR
Position type
CL B NEW

Voting authority reported

Sole
19,406,764
Shared
0
None
0

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.