Berkshire Asset Management Llc/pa
Berkshire Asset Management LLC is a Wilkes-Barre, Pennsylvania based SEC-registered investment advisory firm founded in 1986. Employee owned, the firm specializes in US equity management for high-net-worth individuals, families, businesses, institutions, charitable organizations, and pension plans. Berkshire has historically focused on delivering investment results through a disciplined philosophy and providing highly personalized client service. The company provides portfolio management, consulting, and retirement plan administration, and is recognized for long-term relationships with clients and a boutique investment culture. Employee count is under 25.
Investment Strategy
Berkshire employs a disciplined, research-driven investment strategy focusing primarily on US equities, especially high-quality, dividend-growing large-cap stocks. Its philosophy emphasizes building diversified portfolios of businesses that exhibit consistent dividend growth, operational strength, and long-term appreciation potential. The firm launched a Dividend Growth Strategy post-2009 financial crisis, seeking attractive total return by combining strong income with capital appreciation, aiming for tomorrow’s dividend leaders. Strategies are typically tailored to meet client-specific risk and financial goals within a transparent, ethical, and client-centric process.
Latest 13F Filing Activity
Berkshire Asset Management Llc/pa filed their most recent 13F report on Jun 30, 2025 disclosing 285 equity positions with a total 13F market value of $2B. The fund increased holdings in JPMorgan Chase & Co., Microsoft Corp., Cisco SYS Inc. among other positions. Berkshire Asset Management Llc/pa reduced exposure to Ishares TR, Mcdonalds Corp., PPL Corp. among others.
Top Holdings
Equity Positions (285)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
J JPM | JPMORGAN CHASE & CO. | 4.69% | $103.3M | 356,372 | $84.27 | $289.91 | +$13.1M |
M MSFT | MICROSOFT CORP | 4.23% | $93.2M | 187,372 | $106.36 | $497.41 | +$10.5M |
A ABBV | ABBVIE INC | 3.23% | $71.2M | 383,827 | $73.82 | $185.62 | +$53.4K |
C CSCO | CISCO SYS INC | 2.79% | $61.6M | 887,284 | $34.93 | $69.38 | +$8.4M |
A AAPL | APPLE INC | 2.59% | $57.0M | 278,001 | $90.87 | $205.17 | +$2.3M |
Industry Allocation
Investment Team (4)
| Name | Role | Location | |
|---|---|---|---|
G Gerard Mihalick | Partner and Portfolio Manager | Scranton, PA , United States | |
 | Partner | Wilkes-Barre, PA , United States | |
B Bryan Orr | Senior Analyst | Boca Raton, FL , United States | |
G Gerry Mihalick | Portfolio Manager | Scranton, PA , United States |