[Berkshire Hathaway Q3 Top Five Holdings: Apple, Bank of America, Coca-Cola, American Express, and Chevron] According to Jinshi reports, Berkshire Hathaway stated that equity investments have primarily focused on a few companies over the years. As of September 30, 2025, and December 31, 2024, the fair value of the top five holdings accounted for 66% and 71% of the total fair value of equity investments, respectively. These top five holdings are: American Express (AXP.N), Apple (AAPL.O), Bank of America (BAC.N), Coca-Cola (KO.N), and Chevron (CVX.N). In addition, we also hold common shares of Occidental Petroleum (OXY.N).