The Buffett Playbook: Why 82% of His $313B Portfolio Is Locked Into Just 10 Stocks

Warren Buffett is stepping down as Berkshire Hathaway CEO in 2025—and his final portfolio tells a wild story about how the world’s most successful investor actually thinks.

Here’s the plot twist: while Wall Street worships diversification, Buffett concentrated 82% of his $313 billion stock portfolio into just 10 names. That’s not a typo.

The Core Holdings That Actually Matter

Apple dominates at $75.9B (24.2%), followed by American Express ($54.6B) and Bank of America ($32.2B). Coca-Cola ($27.6B) and Chevron ($18.8B) round out the heavy hitters.

What’s striking? American Express and Coca-Cola have been in the portfolio for decades. Buffett’s thesis: own compounders, hold them forever, let dividends roll. This isn’t market timing—it’s the opposite.

The Controversial Cash Elephant

But here’s where it gets messy: Berkshire is sitting on $344.1 billion in cash—more than the value of its entire stock portfolio combined.

That cash hoard could buy most S&P 500 companies outright. For years, critics have asked: is Buffett being prudently cautious or missing the boat during a bull run?

The answer? Both could be right. Buffett’s legendary discipline means he won’t overpay—ever. But as market conditions shift post-2025, historians will have a field day analyzing whether this was genius or hesitation.

The Rest: 36 Stocks Fighting for Scraps

Beyond the top 10, you’ve got:Chubb Limited, DaVita, Kroger, Amazon, Visa, UnitedHealth Group—a mixed bag totaling 18% of the portfolio.

Notably, Buffett admitted publicly he regrets missing Amazon’s entire run. Yet his investment managers eventually snuck in a position anyway (small, but it’s there).

The remaining 26 positions? They’re essentially rounding errors—portfolio filler worth under $10 billion combined.

The Bigger Picture

As Buffett exits, this portfolio becomes a museum exhibit for how one man built a financial empire: concentrate on your best ideas, hold forever, and patience beats everything else.