Berkshire Hathaway, led by Buffett, further reduced its holdings in Apple, but it remains its largest major holding.

IT Home, February 18 — According to CNBC, a recent securities filing shows that Warren Buffett’s Berkshire Hathaway further reduced its stake in Apple in the fourth quarter of last year and began building a position in The New York Times.

According to data platform InsiderScore, this diversified conglomerate based in Omaha, USA, cut its holdings in the iPhone manufacturer by 4.3%, with the market value of its position dropping to $61.96 billion (Note: at current exchange rates, approximately 428.344 billion RMB). Despite the reduction, Apple remains Berkshire’s largest holding.

Berkshire previously disclosed that it reduced its Apple shares in the third quarter and built a position in Alphabet, the parent company of Google, which is also one of the “Big Seven” U.S. stocks. The group reduced its Apple holdings again in the second quarter of last year, and by 2024, Berkshire had cut its Apple position by two-thirds.

Apple’s stock price achieved its third consecutive year of gains in 2025, rising about 9%, but still underperformed the S&P 500, which increased over 16% last year. This year, Apple’s stock has lagged further, declining about 3%. Just last week, Apple’s stock experienced its worst single-day performance since April 2025.

It is not yet clear whether these transactions were executed by Buffett himself or by investment managers Todd Combs and Ted Weschler. Buffett has long viewed Apple as a consumer goods company rather than purely a tech firm, and these adjustments may reflect his efforts to optimize the portfolio for his successors, making it easier to manage.

In addition to reducing its Apple holdings, Berkshire disclosed a relatively small position in The New York Times, purchasing $351.7 million worth of shares. This investment ranks 29th among Berkshire’s total of 41 holdings.

The fourth quarter was Buffett’s last as CEO of Berkshire Hathaway. Earlier this year, Vice Chairman Greg Abel, who was responsible for non-insurance businesses, officially took over as CEO.

Before Buffett stepped down, Berkshire announced several structural adjustments, including personnel changes involving Combs. The former Berkshire investment manager and former CEO of GEICO, a government-insured insurance company, resigned in December last year and joined JPMorgan Chase in January as head of its newly established Safety and Resilience division.

Buffett announced at the Berkshire Hathaway annual shareholders meeting in May last year that he would seek board approval for Abel to succeed him. Although Buffett no longer serves as CEO, he continues to serve as Chairman of the Board.