Warren Buffett Reduces Apple Stake Amid Portfolio Rebalancing
Berkshire Hathaway's latest SEC filing reveals a continued reduction in its Apple holdings, with shares now totaling 238.2 million—down from 280 million last quarter. The move extends a multi-quarter trend, though Apple remains Berkshire's largest position at $60.7 billion.
Despite trimming exposure, the sell-off appears unrelated to Apple's fundamentals. The tech giant recently outperformed earnings expectations, buoyed by strong iPhone 17 demand and robust Services revenue. Market observers attribute the divestment to portfolio rebalancing rather than bearish sentiment.
Buffett's silence on the rationale contrasts with his historical praise for Apple's ecosystem advantages. The adjustment occurs alongside other undisclosed portfolio changes at Berkshire, leaving analysts to speculate about capital reallocation strategies.
