In the fourth quarter, Warren Buffett's conglomerate, Berkshire Hathaway, adjusted its investment portfolio by trimming its stake in tech giant Apple and initiating a new position in The New York Times, as indicated in a recent securities filing.
The Omaha-based company announced it reduced its investment in Apple by 4.3%, bringing its holdings down to $61.96 billion, according to InsiderScore data. Despite this reduction, Apple continues to be Berkshire's most considerable equity holding.
Previously, Berkshire has revealed additional changes, including decreasing its stake in Apple and starting a new investment in Alphabet during the third quarter. The conglomerate further reduced its Apple holdings in the second quarter of the previous year, after a significant cut in 2024.
Despite Apple achieving its third consecutive year of positive performance in 2025 with an approximate 9% increase, it still didn't match the S&P 500's over 16% gain that year. The stock has continued to underperform this year, having fallen around 3% and recently experiencing its most significant decline since April 2025.