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Berkshire Asset Management, LLC
Kenneth J. Krogulski · Investment Advisor · Value
Berkshire Asset Management, LLC is a fee-based registered investment advisory firm based in Wilkes-Barre, Pennsylvania. Founded in 1986, the firm was sold to Legg Mason in 1999 and subsequently repurchased by its senior leadership in 2007, returning it to employee ownership. The firm provides portfolio management and investment supervisory services to high-net-worth individuals, institutions, and various investment vehicles. Berkshire distinguishes itself through a focus on U.S. equity management, emphasizing high-quality businesses and long-term results over marketing-driven growth. The firm's continuity is marked by a cohesive investment team that has worked together since the mid-1990s, offering personalized solutions that align with the specific financial objectives and risk tolerances of its clients.
Simulated Performance
| Metric | Value |
|---|---|
| Total return | +25.4% |
| YTD return | +20.7% |
| Sharpe ratio | 3.01 |
| Win rate | 53% |
| AUM | $1.4B |
| Inception | Oct 1, 2025 |
| Updated | Sep 18, 2026 |
Institution Status
| Field | Value |
|---|---|
| AUM | $1.4B |
| Turnover | Low (<15%) |
| Avg holding | 18 Months |
| Inception | Oct 1, 2025 |
| Website | https://berkshireasset.com |
Current Holdings
Updated on Sep 18, 2026.
| Ticker | Name | Portfolio % | Return |
|---|---|---|---|
| JPM | JPMorgan Chase & Co | 8.6% | +13.1% |
| DELL | Dell Technologies Inc | 8.3% | +206.8% |
| MSFT | Microsoft Corporation | 6.9% | +0.3% |
| ABBV | AbbVie Inc | 6.8% | +9.8% |
| CSCO | Cisco Systems Inc | 6.7% | +55.5% |
| AAPL | Apple Inc | 6.3% | +29.1% |
| NUE | Nucor Corp | 6.3% | +64.1% |
| CVX | Chevron Corp | 5.5% | +33.6% |
| BAC | Bank of America Corp | 5.1% | +13.5% |
| JNJ | Johnson & Johnson | 4.6% | +36.9% |
| MTB | M&T Bank Corporation | 4.1% | +14.5% |
| NSC | Norfolk Southern Corporation | 3.8% | +3.8% |
| WM | Waste Management Inc | 3.7% | -4.6% |
| TEL | TE Connectivity Ltd | 3.5% | -6.1% |
| EMR | Emerson Electric Company | 3.4% | +3.6% |
| QCOM | Qualcomm Incorporated | 3.4% | +17.0% |
| LMT | Lockheed Martin Corporation | 3.4% | -2.8% |
| PNC | PNC Financial Services Group Inc | 3.4% | +8.8% |
| SCHW | Charles Schwab Corp | 3.2% | -5.0% |
| DE | Deere & Company | 3.1% | +9.3% |
Recent activity
| Date | Action | Ticker | Weight |
|---|---|---|---|
| Aug 31, 2026 | SELL | NUE | 6.6% → 6.3% |
| Aug 31, 2026 | SELL | LMT | 3.6% → 3.4% |
| Aug 31, 2026 | BUY | EMR | 3.5% → 3.4% |
| Aug 31, 2026 | SELL | PNC | 3.5% → 3.4% |
| Aug 31, 2026 | BUY | CSCO | 6.6% → 6.7% |
Investment Style Analysis
Berkshire Asset Management, LLC is widely recognized for employing a Value strategy. As of Sep 18, 2026, the firm oversees approximately $1.4B in assets under management (AUM). The portfolio demonstrates a clear preference for the Banks - Diversified and Drug Manufacturers - General sectors, reflecting a high-conviction approach to capital allocation.
Recent Market Moves
During the latest rebalancing period ending Aug 31, Berkshire Asset Management, LLC made a significant move by reducing the position in NUE. This adjustment aligns with the fund's dynamic approach to risk management and capital deployment in current market conditions.
Investment Philosophy
Berkshire Asset Management follows an exacting investment process centered on timeless principles, primarily focusing on high-quality companies with sustainable dividend growth. The firm's flagship strategy, the Berkshire Dividend Growth Strategy, employs a forward-looking approach to identify businesses capable of increasing future dividends rather than simply relying on historical data. Additionally, the firm offers a Core Equity Strategy aimed at long-term capital appreciation from U.S. issuers. By maintaining a limited number of strategies and focusing on deep fundamental research, Berkshire seeks to deliver attractive risk-adjusted returns while providing clarity and transparent communication to its investors. Its philosophy emphasizes the belief that a diversified portfolio of industry-dominant companies consistently increasing dividends can lead to superior long-term investment outcomes.
Disclaimer
The content provided on this page, including the simulated portfolio performance, holdings analysis, and AI-generated insights, is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. All data is derived from historical SEC 13F filings and other public disclosures, which have a reporting lag. The "Simulated Performance" is a hypothetical reconstruction based on past disclosures and does not represent the actual returns of the institution. Past performance is not indicative of future results. Tritonix.ai is not affiliated with Berkshire Asset Management, LLC.
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Frequently asked questions
How is the simulated portfolio for Berkshire Asset Management, LLC constructed?
This simulation is powered by Tritonix AI using official SEC filings. We focus on the "Best Ideas" by filtering for only the Top 20 largest holdings and rebalancing them to 100%. The simulation tracks performance starting from Oct 1, 2025. Our AI monitors for updates every Monday to capture major shifts. This concentrated approach highlights the manager's true stock-picking skill and mirrors their actual investment returns.
What is Berkshire Asset Management, LLC's largest holding?
As of the latest filing, Berkshire Asset Management, LLC's top position is JPMorgan Chase & Co (JPM), representing 8.6% of the portfolio. This reflects a high-conviction bet by the institution.
What is Berkshire Asset Management, LLC's historical performance and risk profile?
Our simulation indicates a total return of +25.4% with a win rate of 53%. Notably, the portfolio maintains a Sharpe Ratio of 3.01, suggesting an exceptional level of risk-adjusted returns compared to the broader market.
What sectors does Berkshire Asset Management, LLC primarily invest in?
Berkshire Asset Management, LLC has a strong preference for the Banks - Diversified sector, which makes up 13.7% of their disclosed assets. The portfolio also has exposure to Drug Manufacturers - General, indicating a specific thematic focus.
Is Berkshire Asset Management, LLC's portfolio concentrated or diversified?
Berkshire Asset Management, LLC runs a moderately concentrated portfolio with 20 disclosed positions. The top 3 holdings alone account for 23.8% of the total portfolio weight, suggesting a strategy that favors broader market exposure.
How has Berkshire Asset Management, LLC performed in 2026?
Our AI-simulated model portfolio for Berkshire Asset Management, LLC tracks a Year-to-Date (YTD) return of +20.7%. This metric helps investors gauge the institution's effectiveness in the current market environment.
Does Kenneth J. Krogulski manage Berkshire Asset Management, LLC directly?
Yes, Kenneth J. Krogulski serves as the key portfolio manager for Berkshire Asset Management, LLC, overseeing the investment strategy and final capital allocation decisions.