Breaking down Warren Buffett's top holdings

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Warren Buffett's top holdings within Berkshire Hathaway (BRK-A) have consolidated over time. Berkshire Hathaway's top five holdings accounted for roughly 75% of the company's entire portfolio value, as of Dec. 31 2022, Apple (AAPL) is the largest holding accounting for 38.9% of the portfolio's value. Bank of America (BAC) represents 11.19% while Chevron (CVX) falls just under 10%. The majority of those purchases were made by Berkshire within the last decade, driving a more than 200% return for shareholders during that time period.

Berkshire's fourth and fifth highest holdings are famous Buffett buys. Coca-Cola (KO), which Berkshire bought in 1988, represents 8.51% of the portfolio while American Express (AXP), an equity Buffett began buying in the 1960s, is 7.49% of Berkshire's portfolio value. Buffett bought Coca-Cola and Freddie Mac in 1988, telling investors they'd ideally hold them long term.

"We expect to hold these securities for a long time," Buffett wrote to shareholders in 1988. "In fact, when we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever."

Above Yahoo Finance's Josh Schafer breaks down Berkshire's top holdings.

Key video takeaways:

0:15 Berkshire's top holdings

1:15 How certain Buffett picks have performed over the years