Warren Buffett's Berkshire Hathaway Trims Apple Stake, Again. What's the Deal?

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) first purchased shares in Apple (NASDAQ: AAPL) more than nine years ago in the first quarter of 2016. Warren Buffett, who oversees capital allocation decisions for the conglomerate, realized that Apple was a powerful and durable consumer brand. That investment has worked out quite well, as the "Magnificent Seven" stock is up 766% since the start of 2016 (as of Aug. 26).However, the Oracle of Omaha has seemingly become less bullish. Since Q4 2023, Berkshire has sold 635 million shares of Apple, with sales happening in five of the past seven quarters. Just in this year's Q2, 20 million shares were divested. The current Apple stake is valued at $64 billion, representing 21.4% of Berkshire's portfolio. Apple remains the largest single position for the Buffett-led business, as it owns 280 million shares of the tech giant. But what's the deal with these recent moves?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool