What Did Warren Buffett Buy in Q1 2026? Berkshire's 13F, Explained
Every quarter, Berkshire Hathaway files a form 13F with the SEC listing every US stock it holds. The latest filing, made on 15 May 2026 and covering the quarter ending 31 March 2026, shows a $263.1 billion book across 29 positions. Here is what changed, from the filing itself.
The most crowded holdings among 105 funds
Counted from the 13F filings themselves. Microsoft is held by more of the funds we track than any other company, which is exactly what makes it a crowded trade rather than a clever one.
Source: SteadyShares analysis of 107,302 SEC 13F holdings, Q1 2026
The buys
- Alphabet (GOOGL): up 204%. The most striking move of the quarter. Berkshire's Class A Alphabet stake tripled to a $15.6 billion position, now 5.9% of the book. A separate new Class C (GOOG) line worth $1.0 billion appeared alongside it.
- Delta Air Lines (DAL): new position. $2.6 billion, opened from nothing. Berkshire famously sold its airlines in 2020, so a return to the sector is worth noting.
- Lennar (LEN): up 43%. The homebuilder stake grew to $877 million across two share classes.
- Macy's (M): new position. Small by Berkshire standards at $55 million, but new.
The sells
- Chevron (CVX): down 35%. Still a $17.5 billion position and 6.6% of the book, but a third of it is gone in one quarter.
- Nucor (NUE): down 39%. The steelmaker stake cut to $661 million.
- Constellation Brands (STZ): down 95%. All but exited, $95 million remaining.
- DaVita (DVA): trimmed 5%. Housekeeping on a $4.6 billion position.
What stayed put
Apple remains the anchor at 22% of the book, roughly $57.8 billion, with American Express, Coca-Cola, Bank of America and Occidental behind it.
Read it yourself
Every number above comes from the filed 13F, not from commentary about it. You can browse Berkshire's full book, position by position with quarter-over-quarter changes, on [SteadyShares's Smart Money desk](/app/gurus), free. We track 100+ funds the same way, straight from their SEC filings.
13F filings report US-listed long positions only, with up to 45 days' delay. Educational information, not financial advice.
The bottom line
Berkshire's latest 13F shows a tripled Alphabet stake, a brand new Delta position, and a 35% cut to Chevron. Here is the filed record, line by line.
We publish the underlying analysis, with the method and the limitations printed next to it, in our 13F research. If you want the theory first, start with what a 13F cannot tell you.
This is educational information, not financial advice.
Keep exploring: browse the stocks we cover or see what the smart money holds.