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Berkshire Asset Management Llc/pa

CIK:0000949012
Investment Adviser
$3B AUM
285 holdings
Wilkes-Barre, PA, United States
Founded:1986
22 employees
Latest filing:Jun 30, 2025

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.

Top Buys
J
JPMJPMORGAN CHASE & CO.
+$13.1M
M
MSFTMICROSOFT CORP
+$10.5M
C
CSCOCISCO SYS INC
+$8.4M
D
DELLDELL TECHNOLOGIES INC
+$8.3M
E
EMREMERSON ELEC CO
+$7.5M
Top Sells
I
IWDISHARES TR
-$6.5M
M
MCDMCDONALDS CORP
-$3.2M
P
PPLPPL CORP
-$2.0M
A
AOSSMITH A O CORP
-$1.7M
L
LUVSOUTHWEST AIRLS CO
-$1.5M

Top Holdings

J
JPMJPMORGAN CHASE & CO.
+4.7%$103.3M
M
MSFTMICROSOFT CORP
+4.2%$93.2M
A
ABBVABBVIE INC
+3.2%$71.2M
C
CSCOCISCO SYS INC
+2.8%$61.6M
A
AAPLAPPLE INC
+2.6%$57.0M

Equity Positions (285)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
J
JPM
JPMORGAN CHASE & CO.4.69%$103.3M356,372$84.27$289.91+$13.1M
M
MSFT
MICROSOFT CORP4.23%$93.2M187,372$106.36$497.41+$10.5M
A
ABBV
ABBVIE INC3.23%$71.2M383,827$73.82$185.62+$53.4K
C
CSCO
CISCO SYS INC2.79%$61.6M887,284$34.93$69.38+$8.4M
A
AAPL
APPLE INC2.59%$57.0M278,001$90.87$205.17+$2.3M

Industry Allocation

NATIONAL COMMERCIAL BANKS
+10.5%
PHARMACEUTICAL PREPARATIONS
+8.7%
SERVICES-PREPACKAGED SOFTWARE
+4.5%
ELECTRONIC COMPUTERS
+4.3%
PETROLEUM REFINING
+3.1%