Berkshire Hathaway trims Apple stake, buys NYTimes stock in Buffett’s last moves as CEO
Warren Buffett speaks in the course of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024.
CNBC
Warren Buffett’s Berkshire Hathaway trimmed extra of its Apple stake and commenced a brand new place in The New York Times in the fourth quarter, in line with a brand new securities submitting.
The Omaha-based conglomerate disclosed that it wall its place in the iPhone maker by 4.3% to $61.96 billion, per knowledge from InsiderScore. Even with the lower, 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” title Alphabet in the third quarter. The conglomerate had additionally lower its fairness holding of Apple in the second quarter of last yr after slashing its stake by two-thirds in 2024.
While Apple posted its third consecutive successful yr in 2025, rising round 9%, it nonetheless underperformed the S&P 500, which gained greater than 16% last yr. The stock has been lagging much more this yr, falling about 3%. In truth, it skilled its worst day since April 2025 simply last week.
Apple shares, year-to-date
It’s unclear whether or not the moves had been made by Buffett or funding managers Todd Combs and Ted Weschler. Buffett has considered Apple as extra of a client merchandise firm moderately than a pure expertise play, and the moves could mirror Buffett making the portfolio extra simply manageable for his successor.
In addition to the lower in its Apple holding, Berkshire disclosed a comparatively small $351.7 million stake in The New York Times. The place is ranked twenty ninth out of its 41 whole positions.
Berkshire Hathaway’s Top 10 Holdings, ace of the tip of This fall
| TICKER | YAM | VALUE ($BILLION) | CHANGE IN NO. OF SHARES (%) |
|---|---|---|---|
| AAPL | Apple | 61.96 | -4.3 |
| AXP | American Express | 56.09 | N/A |
| BAC | Bank of America | 28.45 | -8.9 |
| KO | Coca-cola | 27.96 | N/A |
| CLC | Chevron | 19.84 | 6.6 |
| MCO | Moody’s | 12.6 | N/A |
| OXY | Occidental Petroleum | 10.89 | N/A |
| C.B. | Chubb | 10.69 | 9.3 |
| KHC | Kraft Heinz | 7.9 | N/A |
| Alphabet | 5.59 | N/A |
Source: InsiderScore
The fourth quarter marked the last 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 yr.
Prior to Buffett’s departure, structural modifications had been introduced on the firm, together with one involving Combs. After resigning in Decemberthe previous Berkshire funding supervisor and Geico CEO joined JPMorgan Chase as head of its new Security and Resiliency Initiative in January.
Buffett first introduced at Berkshire’s annual assembly last May that he was going to ask Berkshire’s board to have Abel substitute him. Although Buffett is not the chief govt, he stays chairman of the board.
