Warren Buffett speaks throughout the Berkshire Hathaway Annual Shareholders Assembly in Omaha, Nebraska, on Might 4, 2024.
CNBC
Warren Buffett’s Berkshire Hathaway trimmed extra of its Apple stake and started a brand new place in The New York Instances within the fourth quarter, in response to a brand new securities submitting.
The Omaha-based conglomerate disclosed that it pared its place within the iPhone maker by 4.3% to $61.96 billion, per knowledge from InsiderScore. Even with the reduce, Apple stays by far Berkshire’s largest fairness holding.
Berkshire revealed that it trimmed its stake in Apple and began a stake in fellow “Magnificent Seven” identify Alphabet within the third quarter. The conglomerate had additionally reduce its fairness holding of Apple within the second quarter of final 12 months after slashing its stake by two-thirds in 2024.
Whereas Apple posted its third consecutive profitable 12 months in 2025, rising round 9%, it nonetheless underperformed the S&P 500, which gained greater than 16% final 12 months. The inventory has been lagging much more this 12 months, falling about 3%. In reality, it skilled its worst day since April 2025 simply final week.
Apple shares, year-to-date
It is unclear whether or not the strikes had been carried out by Buffett or funding managers Todd Combs and Ted Weschler. Buffett has seen Apple as extra of a shopper merchandise firm quite than a pure know-how play, and the strikes might mirror Buffett making the portfolio extra simply manageable for his successor.
Along with the reduce in its Apple holding, Berkshire disclosed a comparatively small $351.7 million stake in The New York Instances. The place is ranked twenty ninth out of its 41 complete positions.
Berkshire Hathaway’s High 10 Holdings, as of the tip of This autumn
| TICKER | NAME | VALUE ($ BILLION) | CHANGE IN NO. OF SHARES (%) |
|---|---|---|---|
| AAPL | Apple | 61.96 | -4.3 |
| AXP | American Categorical | 56.09 | N/A |
| BAC | Financial institution of America | 28.45 | -8.9 |
| KO | Coca-Cola | 27.96 | N/A |
| CVX | Chevron | 19.84 | 6.6 |
| MCO | Moody’s | 12.6 | N/A |
| OXY | Occidental Petroleum | 10.89 | N/A |
| CB | Chubb | 10.69 | 9.3 |
| KHC | Kraft Heinz | 7.9 | N/A |
| GOOGL | Alphabet | 5.59 | N/A |
Supply: InsiderScore
The fourth quarter marked the final quarterly interval with Buffett on the helm of Berkshire, as Greg Abel – who had been serving as vice chairman of non-insurance operations on the firm – took the reins as CEO on the begin of the brand new 12 months.
Previous to Buffett’s departure, structural modifications had been introduced on the firm, together with one involving Combs. After resigning in December, the previous Berkshire funding supervisor and Geico CEO joined JPMorgan Chase as head of its new Safety and Resiliency Initiative in January.
Buffett first introduced at Berkshire’s annual assembly final Might that he was going to ask Berkshire’s board to have Abel change him. Although Buffett is not the chief government, he stays chairman of the board.