Berkshire Hathaway reduced its stake in Apple by 4% in the fourth quarter of 2025, but Apple remains the conglomerate’s largest holding by a wide margin.
A Feb. 17 regulatory filing with the U.S. Securities and Exchange Commission shows that Berkshire reduced its position in Apple during the quarter ending Dec. 31, 2025. Apple was still valued at about $62 billion in Berkshire’s portfolio at the end of the year.
The filing also shows that Berkshire sold 77% of its Amazon stake in the same quarter, a much sharper reduction than Apple’s slight adjustment. Berkshire’s latest stock cut isn’t a harbinger of doom, but rather a routine portfolio adjustment.
Berkshire began investing in Apple in 2016 and has steadily built its position as Apple’s market value has risen. Over time, Apple became Berkshire’s largest stock holding and one of its most profitable investments, generating more than $100 billion in paper profits at various points.
As Apple appreciated and grew to represent an outsized portion of Berkshire’s stock portfolio, the conglomerate periodically reduced the position in 2024 and 2025. These reductions managed concentration risk while maintaining Apple’s position as the firm’s top holding company.
At 4% trim as stated Reuterswe have a position of approximately $62 billion, which is a small adjustment by institutional standards. At this scale, such a reduction represents portfolio maintenance rather than a shift in investment thesis.
Scale and contrast matter
The magnitude of Amazon reduction in Berkshire provides useful context. Selling 77% of that position signals a meaningful change in position, while Apple’s 4% cut doesn’t have the same implications.
Large asset managers routinely balance concentrated holdings as they see fit, especially when market conditions limit compelling alternatives. Berkshire has been a net seller of shares over the past year, refraining from major acquisitions or share buybacks.
Apple remains a viable and stable stock for Berkshire
If Berkshire were to materially revise Apple’s outlook, investors would likely expect a much larger percentage cut or a sustained pattern of deeper cuts over several quarters. The latest filing does not indicate such a shift.
The fourth quarter of 2025 marked the end of Warren Buffett’s 60-year tenure as CEO of Berkshire, with Greg Abel taking over the role on January 1, 2026. Buffett remains chairman.
The SEC filing does not specify whether portfolio managers Buffett, Abel or Berkshire directed the trades. Nothing in the disclosure suggests a new strategic stance toward Apple.
Apple’s fundamentals remain intact
Apple continues to generate significant revenue and free cash flow, supported by the iPhone, an expanding services segment, and a tightly integrated hardware and software ecosystem. The company’s pricing power and consistent customer base helped sustain performance through changing global economic conditions.
For Berkshire, Apple remains a fundamental building block both because of its historical returns and its sustainable business model. The broader portfolio still reflects Apple as its dominant stock position rather than a weakening bet.