Berkshire stock hits eight-month high; top holdings Apple, Coca-Cola, and Bank of America rise sharply

ME News reports that, as of August 2 (UTC+8), according to BIT (bit.com) market data, Berkshire Hathaway’s Class A and Class B shares reached an eight-month high this week. Analysts note that although Berkshire’s stock has significantly underperformed the S&P 500 year-to-date, this rally appears to have sustained momentum, supported by strong year-to-date gains in three of its largest holdings: Apple, Coca-Cola, and Bank of America. Berkshire’s stake in Apple, its largest holding, now exceeds $70 billion in market value, with a year-to-date gain of over 13%. Its third-largest holding, Coca-Cola, stands at $35 billion, with a 25% increase in share price this year. Its fourth-largest holding, Bank of America, has risen more than 12% year-to-date. UBS analysts have raised their target price for Berkshire Hathaway stock and maintained a “Buy” rating, while also upgrading their earnings forecasts. Market participants speculate that Berkshire’s second-quarter share buybacks could reach as high as $11 billion, with the exact figures to be disclosed in the company’s Q2 earnings report on August 8. Berkshire Hathaway’s top ten holdings as of March 31, 2026, based on the latest publicly filed 13F report (Q1 2026): Apple (AAPL): ~22.0% of portfolio American Express (AXP): ~17.4% of portfolio Coca-Cola (KO): ~11.6% of portfolio Bank of America (BAC): ~9.5% of portfolio Chevron (CVX): ~6.6% of portfolio Occidental Petroleum (OXY): ~6.5% of portfolio Alphabet (parent of Google, combined GOOGL/GOOG): ~6.3% of portfolio Chubb (CB): ~4.2% of portfolio Moody’s (MCO): ~4.1% of portfolio Kraft Heinz (KHC): ~2.8% of portfolio (Source: BlockBeats)