In this article, we will discuss: 10 Best Long-Term Stocks to Buy Now According to Warren Buffett. For more stocks, you can head to 5 Best Long-Term Stocks to Buy Now According to Warren Buffett.
Warren Buffett’s Berkshire Hathaway is having a historic year in 2026 as it is the first after many in which the firm is being led by his successor, Greg Abel. The Oracle of Omaha announced in May 2025 that he would step down as Berkshire Hathaway’s CEO and remain the firm’s chairman. In 2026, after his successor took over, Berkshire disclosed a large new position in its 13F filings. This investment was in Google-parent Alphabet, and it saw Berkshire increase its stake to $15.6 billion from an earlier $5.6 billion in Q4 2025. The firm had first disclosed a stake in Alphabet in Q3 2025 as its filings revealed a $4.3 billion stake.
Briefly discussing Warren Buffett’s philosophy will have us describe it in one word: Hold. The Oracle of Omaha is known for being a patient, patient, patient investor. You’ll find out about some of his longest-held investments as you read on below. In a 1996 shareholder to Berkshire Hathaway shareholders, Buffett simply remarked:
“If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.”
So which stocks has his firm held on to for dear life? Read on below to find out!
Our Methodology
For this article, we selected stocks by combing through the 13F portfolio of Berkshire Hathaway at the end of the first quarter of 2026. We also provided hedge fund sentiment for each stock as of the first quarter of 2026, which was taken from Insider Monkey’s database of 1,022 hedge funds. On an added note, while Delta Airlines made an earlier appearance than Kroger, it was omitted since Berkshire sold it in 2020 and only added it back in Q1 2026.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10. The Kroger Co. (NYSE:KR)
Number of Hedge Fund Holdings in Q1 2026: 52
First Appeared In 13F Holdings: Q4 2019
Latest Stake: $3.6 billion
Warren Buffett’s Berkshire Hathaway held a stake in The Kroger Co. (NYSE:KR) as far back as 2019. It disclosed a $549 million stake in the fourth quarter of 2019 courtesy of holding 18.9 million shares. The number of shares gradually grew and peaked at 61 million shares that were worth $2.7 billion at the end of 2021’s fourth quarter. Then, the number of shares held dropped, and after touching 50 million in Q4 2022, they remained at this level since then. However, courtesy of a consistent rise in The Kroger Co. (NYSE:KR)’s average share price, the stake is now worth $3.6 billion.
Morgan Stanley discussed The Kroger Co. (NYSE:KR)’s shares on June 22nd. The bank reiterated an Equal Weight rating on the shares and reduced the share price target to $67 from $73. As part of its coverage, Morgan Stanley discussed The Kroger Co. (NYSE:KR)’s strategy of relying on its own capital to fund growth. It remarked that the grocery store operator could experience some troubles with the model despite the strong execution track record of its CEO.
9. Occidental Petroleum Corporation (NYSE:OXY)
Number of Hedge Fund Holdings in Q1 2026: 78
First Appeared In 13F Holdings: Q3 2019
Latest Stake: $17.2 billion
Oil giant Occidental Petroleum Corporation (NYSE:OXY)’s shares are up by 19% over the past year and 17% year-to-date. It is one of several oil stocks in Berkshire Hathaway’s filings. It disclosed a $332 million stake courtesy of 7.45 million shares in the third quarter of 2019. Berkshire bumped up the number of shares that it held to 18.9 million in the fourth quarter of 2019 and the first quarter of 2020. However, from the average price of $47.28 in Q3 2019, the price dropped to $15.75 in Q2 2020, when the firm exited its position. It then disclosed holding 136 million Occidental Petroleum Corporation (NYSE:OXY) shares in Q1 2022 and has gradually increased its count since then. The latest stake is worth $17.2 billion.
Banking giant Barclays discussed Occidental Petroleum Corporation (NYSE:OXY) on May 26th. It bumped the rating to Overweight from Equal Weight and the share price target to $72 from $59. Barclays discussed Occidental Petroleum Corporation (NYSE:OXY)’s debt in the context of soaring oil prices due to the Iran war. Barclays believes the prices could help the firm with its debt and fund Berkshire’s equity obligations by 2027.
8. Bank Of America Corp (NYSE:BAC)
Number of Hedge Fund Holdings in Q1 2026: 106
First Appeared In 13F Holdings: Q3 2017
Latest Stake: $25 billion
Bank Of America Corp (NYSE:BAC) is another long-time Berkshire Hathaway holding. The investment giant had disclosed holding 679 million shares that were worth $17.2 billion in Q3 2017. It maintained this level until Q2 2018 and saw the stake’s value jump to $19.1 billion. Then, Berkshire gradually grew the number of shares that it held to 1.01 billion in Q3 2020. It sustained these holdings until Q4 2022 and bumped them up to 1.03 billion in the subsequent quarter. The stake’s value peaked at $41 billion in Q2 2024, and it, and the number of shares have dropped since then. The latest stake is worth $25 billion and comes courtesy of 513 million.
Citi was out with constructive coverage for Bank Of America Corp (NYSE:BAC)’s shares on June 23rd. It reiterated a Buy rating and increased the share price target to $66 from $62. The bank based its optimism on Bank Of America Corp (NYSE:BAC)’s commentary and remarked that it expected the coverage target to deliver strong second quarter earnings. On the 26th, Truist raised the share price target to $64 from $61 and kept a Buy rating on the stock.
7. Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holdings in Q1 2026: 170
First Appeared In 13F Holdings: Q1 2016
Latest Stake: $57.8 billion
Apple Inc. (NASDAQ:AAPL) is widely known for being Berkshire Hathaway’s first technology investment. The firm first disclosed a stake in the company in the first quarter of 2016. The stake came courtesy of 39 million shares that were worth $1 billion. The next quarter, Berkshire bumped its take up to 60.9 million Apple Inc. (NASDAQ:AAPL) shares that were worth $1.46 billion. By the end of the third quarter, the stake jumped to 229 million shares and peaked at 1 billion shares in Q2 2018. The next major movement came in Q2 2024 when the number of shares dropped to 400 million from the previous quarter’s 789 million. The stake’s value peaked at a whopping $177 billion in Q2 2023 when it accounted for 51% of the holdings. The latest stake is worth $57.8 billion.
Bank of America kept a $380 share price target and a Buy rating on the stock on June 22nd. The coverage came after Apple Inc. (NASDAQ:AAPL)’s WWDC event, as BofA remarked that the company made meaningful contributions to its AI strategy at the event. The bank was particularly impressed by Siri AI.
6. The Kraft Heinz Company (NASDAQ:KHC)
Number of Hedge Fund Holdings in Q1 2026: 60
First Appeared In 13F Holdings: Q3 2015
Latest Stake: $7.3 billion
Food products firm The Kraft Heinz Company (NASDAQ:KHC)’s shares are down by 8.2% over the past year and by 2.8% year-to-date. Berkshire disclosed a stake in the firm in the third quarter of 2015. Back then, it held 325 million shares that were worth $22.9 billion. Or more precisely, Berkshire had disclosed holding 325,634,818 The Kraft Heinz Company (NASDAQ:KHC) shares back then. In perhaps the strongest example of Charlie Munger and Warren Buffett’s philosophy of buying and forgetting, the investment firm has held the exact number of shares since then. However, as the average price has dipped from $75.49 to $23.52, the latest stake is worth $7.3 billion.
The Kraft Heinz Company (NASDAQ:KHC) made a major announcement on June 18th when it announced that it would split its operating structure into three regions. It will combine Asia Emerging Markets and West and East Emerging Markets into one Emerging Markets Region in order to streamline business operations. The stock’s dividend yield is 6.75% as of June 28th.
While we acknowledge the potential of KHC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KHC and that has 100x upside potential, check out our report about the cheapest AI stock.
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