Berkshire Hathaway Doubles Down on Apple with Massive Share Purchase
Berkshire Hathaway Inc., led by Warren Buffett, has significantly increased its stake in Apple Inc. (NASDAQ:AAPL) to 22% of its portfolio, making it the company's largest holding.
According to a recent SEC filing, Berkshire Hathaway purchased approximately 227.9 million shares of Apple stock in the second quarter, valued at around $65.95 billion.
This substantial investment is part of a broader trend where institutional investors have been increasing their stakes in Apple over the past few quarters, with several firms acquiring new positions worth hundreds of millions of dollars.