13F HOLDINGS REPORT

BERKSHIRE ASSET MANAGEMENT LLC/PA

Quarter ended Q2 2025 · Filed August 13, 2025 · Accession 0001398344-25-015201

Total Value

$2.21B

Positions

285

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (285)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	JPMORGAN CHASE & CO.	VYLD	356,372	$103.3M	4.69%
2	MICROSOFT CORP	MSFT	187,372	$93.2M	4.23%
3	ABBVIE INC	ABBV	383,827	$71.2M	3.23%
4	CISCO SYS INC	CSCO	887,284	$61.6M	2.79%
5	APPLE INC	AAPL	278,001	$57.0M	2.59%
6	BANK AMERICA CORP	060505104	1,196,181	$56.6M	2.57%
7	CHEVRON CORP NEW	CVX	391,661	$56.1M	2.54%
8	WASTE MGMT INC DEL	94106L109	235,512	$53.9M	2.44%
9	HONEYWELL INTL INC	438516106	218,918	$51.0M	2.31%
10	EMERSON ELEC CO	EMR	361,044	$48.1M	2.18%
11	QUALCOMM INC	QCOM	300,893	$47.9M	2.17%
12	M & T BK CORP	55261F104	246,963	$47.9M	2.17%
13	NUCOR CORP	NUE	361,519	$46.8M	2.12%
14	TE CONNECTIVITY PLC	TEL	255,562	$43.1M	1.95%
15	ABBOTT LABS	ABLZF	307,278	$41.8M	1.90%
16	NORFOLK SOUTHN CORP	655844108	158,170	$40.5M	1.84%
17	MONDELEZ INTL INC	609207105	600,252	$40.5M	1.84%
18	LOCKHEED MARTIN CORP	LMT	86,445	$40.0M	1.82%
19	PPL CORP	PPLC	1,152,876	$39.1M	1.77%
20	JOHNSON & JOHNSON	JNJ	254,419	$38.9M	1.76%
21	WALMART INC	WMT	389,470	$38.1M	1.73%
22	MCDONALDS CORP	MCD	129,159	$37.7M	1.71%
23	CHUBB LIMITED	CB	130,090	$37.7M	1.71%
24	SCHWAB CHARLES CORP	SCHW-PJ	411,371	$37.5M	1.70%
25	PROCTER AND GAMBLE CO	742718109	235,462	$37.5M	1.70%
26	PNC FINL SVCS GROUP INC	693475105	200,896	$37.5M	1.70%
27	DELL TECHNOLOGIES INC	DELL	302,359	$37.1M	1.68%
28	DEERE & CO	DE	71,297	$36.3M	1.64%
29	KINDER MORGAN INC DEL	EP-PC	1,225,838	$36.0M	1.63%
30	LENNAR CORP	LEN-B	303,788	$33.6M	1.52%
31	LOWES COS INC	548661107	151,437	$33.6M	1.52%
32	EOG RES INC	EOG	268,826	$32.2M	1.46%
33	BRISTOL-MYERS SQUIBB CO	CELG-RI	576,749	$26.7M	1.21%
34	SMITH A O CORP	AOS	373,794	$24.5M	1.11%
35	HERSHEY CO	HSY	145,020	$24.1M	1.09%
36	PEPSICO INC	PEP	173,545	$22.9M	1.04%
37	SCHWAB STRATEGIC TR	808524805	1,029,505	$22.8M	1.03%
38	GENERAL MLS INC	370334104	415,574	$21.5M	0.98%
39	WP CAREY INC	92936U109	328,306	$20.5M	0.93%
40	WELLS FARGO CO NEW	949746101	241,723	$19.4M	0.88%
41	SCHWAB STRATEGIC TR	808524508	655,207	$18.4M	0.83%
42	VANGUARD INDEX FDS	922908629	64,151	$18.0M	0.81%
43	VANGUARD INDEX FDS	922908751	75,252	$17.8M	0.81%
44	SPDR SERIES TRUST	78468R853	372,694	$15.9M	0.72%
45	VANGUARD INTL EQUITY INDEX F	922042775	232,843	$15.7M	0.71%
46	PULTE GROUP INC	745867101	142,773	$15.1M	0.68%
47	SCHWAB STRATEGIC TR	808524300	469,935	$13.7M	0.62%
48	BERKSHIRE HATHAWAY INC DEL	BRK-A	24,767	$12.0M	0.55%
49	SPDR S&P 500 ETF TR	SPY	18,531	$11.4M	0.52%
50	ISHARES TR	46436E718	112,438	$11.3M	0.51%
51	DISNEY WALT CO	254687106	89,817	$11.1M	0.51%
52	COCA COLA CO	KO	140,735	$10.0M	0.45%
53	ISHARES TR	464287614	22,112	$9.4M	0.43%
54	CONOCOPHILLIPS	COP	102,456	$9.2M	0.42%
55	AMAZON COM INC	AMZN	35,488	$7.8M	0.35%
56	SPDR SERIES TRUST	78464A672	269,727	$7.8M	0.35%
57	AMGEN INC	AMGN	27,529	$7.7M	0.35%
58	CITIGROUP INC	C-PR	87,778	$7.5M	0.34%
59	VANGUARD TAX-MANAGED FDS	921943858	129,923	$7.4M	0.34%
60	AUTOMATIC DATA PROCESSING IN	ADP	21,999	$6.8M	0.31%
61	SCHWAB STRATEGIC TR	808524201	275,207	$6.7M	0.31%
62	SCHWAB STRATEGIC TR	808524409	234,214	$6.5M	0.29%
63	GE AEROSPACE	369604301	22,853	$5.9M	0.27%
64	BROADCOM INC	AVGO	19,850	$5.5M	0.25%
65	MEDTRONIC PLC	MDT	59,985	$5.2M	0.24%
66	SCHWAB STRATEGIC TR	808524706	162,991	$4.9M	0.22%
67	SPDR SERIES TRUST	78468R101	166,823	$4.9M	0.22%
68	SCHWAB STRATEGIC TR	808524102	197,128	$4.7M	0.21%
69	ORACLE CORP	ORCL-PD	21,081	$4.6M	0.21%
70	ISHARES TR	464287598	20,050	$3.9M	0.18%
71	ISHARES TR	464287440	39,896	$3.8M	0.17%
72	HOME DEPOT INC	HD	10,236	$3.8M	0.17%
73	INTERNATIONAL BUSINESS MACHS	INTR	12,714	$3.7M	0.17%
74	EXXON MOBIL CORP	XOM	34,641	$3.7M	0.17%
75	ALPHABET INC	GOOG	21,021	$3.7M	0.17%
76	BLACKSTONE INC	BX	24,452	$3.7M	0.17%
77	VANGUARD INTL EQUITY INDEX F	922042858	72,959	$3.6M	0.16%
78	VANGUARD INTL EQUITY INDEX F	922042874	45,149	$3.5M	0.16%
79	ISHARES GOLD TR	IAU	54,758	$3.4M	0.15%
80	KRAFT HEINZ CO	KHC	130,346	$3.4M	0.15%
81	PFIZER INC	PFE	136,144	$3.3M	0.15%
82	SCHWAB STRATEGIC TR	808524862	130,852	$3.2M	0.14%
83	GE VERNOVA INC	GEV	5,944	$3.1M	0.14%
84	ISHARES TR	46435G524	39,665	$3.1M	0.14%
85	ALPHABET INC	GOOG	17,627	$3.1M	0.14%
86	ELI LILLY & CO	LLY	3,964	$3.1M	0.14%
87	NVIDIA CORPORATION	NVDA	19,086	$3.0M	0.14%
88	COMMUNITY FINANCIAL SYSTEM I	CBU	52,968	$3.0M	0.14%
89	ISHARES TR	464287655	13,794	$3.0M	0.13%
90	MERCK & CO INC	MRK	37,141	$2.9M	0.13%
91	AT&T INC	T-PC	100,936	$2.9M	0.13%
92	META PLATFORMS INC	META	3,901	$2.9M	0.13%
93	PHILIP MORRIS INTL INC	718172109	14,893	$2.7M	0.12%
94	AMERICAN EXPRESS CO	AXP	8,490	$2.7M	0.12%
95	MILLROSE PPTYS INC	601137102	94,847	$2.7M	0.12%
96	UNITEDHEALTH GROUP INC	UNH	8,495	$2.7M	0.12%
97	RTX CORPORATION	RTX	18,113	$2.6M	0.12%
98	ISHARES TR	464287168	19,741	$2.6M	0.12%
99	VANGUARD SCOTTSDALE FDS	92206C649	18,513	$2.6M	0.12%
100	FLUOR CORP NEW	FLR	50,000	$2.6M	0.12%
101	ISHARES TR	464287457	29,719	$2.5M	0.11%
102	LEGGETT & PLATT INC	LEG	273,782	$2.4M	0.11%
103	SCHWAB STRATEGIC TR	808524797	89,333	$2.4M	0.11%
104	SCHWAB STRATEGIC TR	808524607	91,171	$2.3M	0.10%
105	ISHARES TR	464287689	6,300	$2.2M	0.10%
106	AMERICAN ELEC PWR CO INC	025537101	20,249	$2.1M	0.10%
107	VANGUARD SCOTTSDALE FDS	92206C409	25,940	$2.1M	0.09%
108	UNION PAC CORP	UNP	8,814	$2.0M	0.09%
109	VERIZON COMMUNICATIONS INC	VZ	46,194	$2.0M	0.09%
110	SPDR SERIES TRUST	78464A474	66,195	$2.0M	0.09%
111	ISHARES TR	464287465	22,268	$2.0M	0.09%
112	ALTRIA GROUP INC	MO	33,181	$1.9M	0.09%
113	SYSCO CORP	SYY	24,130	$1.8M	0.08%
114	TEXAS INSTRS INC	882508104	8,742	$1.8M	0.08%
115	VISA INC	V	5,043	$1.8M	0.08%
116	EXPEDIA GROUP INC	EXPE	10,460	$1.8M	0.08%
117	ISHARES TR	464287507	28,030	$1.7M	0.08%
118	INTEL CORP	INTC	72,787	$1.6M	0.07%
119	PROGRESSIVE CORP	743315103	6,108	$1.6M	0.07%
120	MORGAN STANLEY	MS-PQ	11,484	$1.6M	0.07%
121	NEXTERA ENERGY INC	NEE-PW	23,059	$1.6M	0.07%
122	AIR PRODS & CHEMS INC	AIIR	5,472	$1.5M	0.07%
123	CATERPILLAR INC	CAT	3,915	$1.5M	0.07%
124	VERTEX PHARMACEUTICALS INC	VRTX	3,370	$1.5M	0.07%
125	BERKSHIRE HATHAWAY INC DEL	BRK-A	2	$1.5M	0.07%
126	MALIBU BOATS INC	MBUU	46,301	$1.5M	0.07%
127	ISHARES TR	464287630	9,036	$1.4M	0.06%
128	RESIDEO TECHNOLOGIES INC	REZI	64,469	$1.4M	0.06%
129	TETRA TECHNOLOGIES INC DEL	88162F105	417,125	$1.4M	0.06%
130	ANALOG DEVICES INC	ADI	5,785	$1.4M	0.06%
131	BAKER HUGHES COMPANY	BKR	35,689	$1.4M	0.06%
132	ISHARES TR	464288257	10,556	$1.4M	0.06%
133	ISHARES TR	46434V100	24,954	$1.3M	0.06%
134	GOLDMAN SACHS GROUP INC	GSCE	1,775	$1.3M	0.06%
135	PENNS WOODS BANCORP INC	708430103	41,107	$1.2M	0.06%
136	ALIBABA GROUP HLDG LTD	BBAAY	10,225	$1.2M	0.05%
137	ILLINOIS TOOL WKS INC	452308109	4,452	$1.1M	0.05%
138	INVESCO EXCHANGE TRADED FD T	IVZ	5,961	$1.1M	0.05%
139	INVESCO QQQ TR	IVZ	1,958	$1.1M	0.05%
140	AUTODESK INC	ADSK	3,389	$1.0M	0.05%
141	PEOPLES FINL SVCS CORP	711040105	20,936	$1.0M	0.05%
142	SPDR SERIES TRUST	78468R663	10,900	$999,857	0.05%
143	ISHARES TR	464287804	8,664	$946,889	0.04%
144	UNITED PARCEL SERVICE INC	UPS	9,089	$917,395	0.04%
145	RELIANCE INC	RS	2,903	$911,252	0.04%
146	KIMBERLY-CLARK CORP	KMB	6,995	$901,795	0.04%
147	MGM RESORTS INTERNATIONAL	MGM	25,036	$860,988	0.04%
148	TJX COS INC NEW	872540109	6,814	$841,461	0.04%
149	PARKER-HANNIFIN CORP	PH	1,195	$834,904	0.04%
150	FIFTH THIRD BANCORP	FITBM	20,000	$822,600	0.04%
151	ISHARES TR	464288414	7,872	$822,467	0.04%
152	TAIWAN SEMICONDUCTOR MFG LTD	874039100	3,631	$822,385	0.04%
153	VANGUARD SCOTTSDALE FDS	92206C870	9,839	$815,850	0.04%
154	COSTCO WHSL CORP NEW	22160K105	821	$812,817	0.04%
155	ACCENTURE PLC IRELAND	ACN	2,708	$809,510	0.04%
156	VANECK ETF TRUST	92189F676	2,853	$795,645	0.04%
157	VANGUARD INDEX FDS	922908363	1,391	$789,863	0.04%
158	STRYKER CORPORATION	SYK	1,899	$751,381	0.03%
159	SEAGATE TECHNOLOGY HLDNGS PL	SE	5,129	$740,269	0.03%
160	ASTRAZENECA PLC	AZN	10,565	$738,282	0.03%
161	COMCAST CORP NEW	CCZ	19,974	$712,884	0.03%
162	AGNICO EAGLE MINES LTD	AEM	5,986	$711,915	0.03%
163	AMERIPRISE FINL INC	03076C106	1,322	$705,722	0.03%
164	DANAHER CORPORATION	235851102	3,490	$689,433	0.03%
165	MASTERCARD INCORPORATED	MA	1,169	$656,942	0.03%
166	OREILLY AUTOMOTIVE INC	67103H107	7,140	$643,528	0.03%
167	PINNACLE FINL PARTNERS INC	72346Q104	5,821	$642,697	0.03%
168	SYNOVUS FINL CORP	87161C501	12,241	$633,472	0.03%
169	VANGUARD SCOTTSDALE FDS	92206C714	7,306	$622,544	0.03%
170	ENERGY TRANSFER L P	ET-PI	33,002	$598,333	0.03%
171	BLACKROCK INC	BLK	570	$598,073	0.03%
172	SEER INC	SEER	275,000	$588,500	0.03%
173	VANGUARD INTL EQUITY INDEX F	922042866	7,105	$583,889	0.03%
174	LITMAN GREGORY FDS TR	53700T751	47,916	$576,909	0.03%
175	VANGUARD WORLD FD	921910816	1,572	$575,619	0.03%
176	ISHARES TR	464287481	4,113	$570,410	0.03%
177	PROSHARES TR	74347R107	5,769	$563,747	0.03%
178	ISHARES TR	464288661	4,684	$557,818	0.03%
179	ELEVANCE HEALTH INC	ELV	1,434	$557,769	0.03%
180	SOUTHWEST AIRLS CO	844741108	16,307	$528,999	0.02%
181	L3HARRIS TECHNOLOGIES INC	LHX	2,098	$526,262	0.02%
182	SELECT SECTOR SPDR TR	81369Y506	6,014	$510,047	0.02%
183	MICRON TECHNOLOGY INC	MU	4,115	$507,174	0.02%
184	KKR & CO INC	KKRT	3,806	$506,312	0.02%
185	BEST BUY INC	BBY	7,500	$503,475	0.02%
186	BANK NEW YORK MELLON CORP	064058100	5,518	$502,745	0.02%
187	MARSH & MCLENNAN COS INC	571748102	2,244	$490,701	0.02%
188	ZOETIS INC	ZTS	3,128	$487,812	0.02%
189	CAPITAL ONE FINL CORP	14040H105	2,283	$485,734	0.02%
190	ISHARES TR	464288158	4,524	$481,082	0.02%
191	LAMAR ADVERTISING CO NEW	LAMR	3,933	$477,250	0.02%
192	OMNICOM GROUP INC	OMC	6,628	$476,818	0.02%
193	FULTON FINL CORP PA	360271100	26,191	$472,486	0.02%
194	REPUBLIC SVCS INC	760759100	1,912	$471,518	0.02%
195	ISHARES INC	46434G822	6,237	$467,588	0.02%
196	SPDR SERIES TRUST	78464A797	8,287	$462,083	0.02%
197	CARRIER GLOBAL CORPORATION	CARR	6,280	$459,633	0.02%
198	COCA COLA CONS INC	COKE	4,020	$448,833	0.02%
199	FASTENAL CO	FAST	10,652	$447,384	0.02%
200	VANGUARD SPECIALIZED FUNDS	921908844	2,179	$445,976	0.02%
201	SCHWAB STRATEGIC TR	808524714	17,666	$438,293	0.02%
202	3M CO	MMM	2,837	$431,902	0.02%
203	ISHARES TR	464287473	3,236	$427,628	0.02%
204	DARDEN RESTAURANTS INC	DRI	1,944	$423,792	0.02%
205	VANGUARD SCOTTSDALE FDS	92206C680	3,877	$423,368	0.02%
206	GENERAL DYNAMICS CORP	GD	1,434	$418,149	0.02%
207	ANHEUSER BUSCH INBEV SA/NV	BUDFF	5,979	$410,847	0.02%
208	QUANTA SVCS INC	74762E102	1,085	$410,217	0.02%
209	GALLAGHER ARTHUR J & CO	363576109	1,273	$407,513	0.02%
210	EOS ENERGY ENTERPRISES INC	EOSE	77,000	$394,240	0.02%
211	ISHARES TR	46435G334	9,750	$387,270	0.02%
212	PAYCHEX INC	PAYX	2,555	$371,604	0.02%
213	LINDE PLC	LIN	788	$369,714	0.02%
214	PROVIDENT FINL SVCS INC	74386T105	20,738	$363,537	0.02%
215	CBOE GLOBAL MKTS INC	12503M108	1,551	$361,709	0.02%
216	FEDEX CORP	FDX	1,573	$357,559	0.02%
217	JOHNSON CTLS INTL PLC	G51502105	3,383	$357,312	0.02%
218	GE HEALTHCARE TECHNOLOGIES I	GEHC	4,683	$346,870	0.02%
219	DUKE ENERGY CORP NEW	DUKB	2,892	$341,256	0.02%
220	VANGUARD WHITEHALL FDS	921946406	2,512	$334,908	0.02%
221	SONY GROUP CORP	SNEJF	12,720	$331,102	0.02%
222	SELECT SECTOR SPDR TR	81369Y605	6,314	$330,664	0.01%
223	CME GROUP INC	CME	1,169	$322,239	0.01%
224	BROOKFIELD ASSET MANAGMT LTD	113004105	5,789	$320,036	0.01%
225	CARMAX INC	KMX	4,740	$318,575	0.01%
226	SPDR GOLD TR	GLD	1,022	$311,536	0.01%
227	SEACOAST BKG CORP FLA	SE	11,268	$311,222	0.01%
228	GENERAC HLDGS INC	GNRC	2,167	$310,336	0.01%
229	FERGUSON ENTERPRISES INC	FERG	1,424	$310,076	0.01%
230	MOOG INC	MOG-B	1,687	$305,296	0.01%
231	VIATRIS INC	VTRS	34,180	$305,227	0.01%
232	COLGATE PALMOLIVE CO	CL	3,329	$302,606	0.01%
233	CSX CORP	CSX	9,230	$301,183	0.01%
234	INTUIT	INTU	373	$293,786	0.01%
235	F N B CORP	302520101	19,756	$288,042	0.01%
236	TRACTOR SUPPLY CO	TSCO	5,426	$286,330	0.01%
237	NETFLIX INC	NFLX	212	$284,001	0.01%
238	EXPEDITORS INTL WASH INC	302130109	2,479	$283,226	0.01%
239	FORD MTR CO	345370860	26,056	$282,710	0.01%
240	PACCAR INC	PCAR	2,963	$281,663	0.01%
241	FISERV INC	FISV	1,588	$273,787	0.01%
242	DUPONT DE NEMOURS INC	DD	3,965	$271,959	0.01%
243	MARKEL GROUP INC	MKL	135	$269,644	0.01%
244	KLA CORP	KLAC	297	$266,035	0.01%
245	RAYMOND JAMES FINL INC	754730109	1,729	$265,177	0.01%
246	WESBANCO INC	WSBCO	8,316	$263,035	0.01%
247	QUEST DIAGNOSTICS INC	DGX	1,460	$262,260	0.01%
248	ISHARES SILVER TR	SLV	7,981	$261,857	0.01%
249	PALANTIR TECHNOLOGIES INC	PLTR	1,871	$255,055	0.01%
250	ISHARES TR	46435U853	6,622	$248,399	0.01%
251	AMERICAN INTL GROUP INC	026874784	2,891	$247,453	0.01%
252	INTUITIVE SURGICAL INC	ISRG	453	$246,165	0.01%
253	ISHARES TR	464287648	855	$244,410	0.01%
254	COINBASE GLOBAL INC	COIN	691	$242,189	0.01%
255	SHELL PLC	RYDAF	3,383	$238,197	0.01%
256	CVS HEALTH CORP	CVS	3,442	$237,429	0.01%
257	AFLAC INC	AFL	2,226	$234,749	0.01%
258	US BANCORP DEL	USB-PS	5,185	$234,621	0.01%
259	HUBSPOT INC	HUBS	421	$234,341	0.01%
260	THE CIGNA GROUP	125523100	706	$233,389	0.01%
261	BROWN & BROWN INC	BRO	2,095	$232,273	0.01%
262	WHEATON PRECIOUS METALS CORP	WPM	2,500	$224,500	0.01%
263	AMPLIFY ETF TR	032108664	2,568	$221,798	0.01%
264	VANGUARD INDEX FDS	922908769	728	$221,282	0.01%
265	ISHARES TR	464287242	2,005	$219,759	0.01%
266	ISHARES TR	464287499	2,373	$218,245	0.01%
267	PHILLIPS 66	PSX	1,826	$217,842	0.01%
268	FREEPORT-MCMORAN INC	FCX	4,934	$213,889	0.01%
269	WISDOMTREE TR	WT	4,257	$213,361	0.01%
270	FRANKLIN TEMPLETON ETF TR	FGDL	6,586	$211,740	0.01%
271	CHECK POINT SOFTWARE TECH LT	M22465104	954	$211,073	0.01%
272	WATSCO INC	WSO-B	472	$208,285	0.01%
273	MCKESSON CORP	MCK	281	$205,911	0.01%
274	COTERRA ENERGY INC	CTRA	8,108	$205,792	0.01%
275	TESLA INC	TSLA	635	$201,714	0.01%
276	WILLIAMS COS INC	969457100	3,210	$201,620	0.01%
277	UBER TECHNOLOGIES INC	UBER	2,145	$200,129	0.01%
278	UTZ BRANDS INC	UTZ	14,100	$176,955	0.01%
279	RF INDS LTD	749552105	25,000	$161,750	0.01%
280	FVCBANKCORP INC	FVCB	13,144	$155,099	0.01%
281	IAMGOLD CORP	IAG	17,271	$126,942	0.01%
282	ALPHA COGNITION INC	ACOG	11,824	$110,318	0.01%
283	ACHIEVE LIFE SCIENCES INC	ACHV	17,700	$40,002	0.00%
284	IKENA ONCOLOGY INC	45175G108	20,000	$26,800	0.00%
285	LUCID DIAGNOSTICS INC	LUCD	20,000	$23,000	0.00%