Warren Buffett Reduces Apple Stake Again, Selling Nearly a Quarter in Q3

Warren Buffett has further scaled back his investment in Apple, marking the fourth consecutive quarter of downsizing Berkshire Hathaway’s largest equity holding. According to the company’s third-quarter earnings report released on Saturday, Berkshire Hathaway held $69.9 billion worth of Apple shares as of the end of September. This figure suggests Buffett sold nearly 25% of his Apple stake, leaving the conglomerate with approximately 300 million shares.

Overall, Berkshire’s position in the tech giant has decreased by a substantial 67.2% since the third quarter of last year. Buffett, known as the “Oracle of Omaha,” began reducing his Apple investment in late 2023 and intensified the sales during the second quarter of this year, surprising many by offloading nearly half of his holding at that time.

Despite the sell-off, Apple remains a significant asset for Berkshire Hathaway, reflecting Buffett’s earlier confidence in the company that became a major pillar of his investment portfolio. The reasons behind the consistent reduction of the stake remain closely watched as the investment community speculates on the billionaire’s strategic moves.