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Key Takeaways
- Berkshire Hathaway trimmed its stake in Apple and sold more than three quarters of its Amazon holdings last quarter, longtime CEO Warren Buffett’s last at the helm of the company.
- Berkshire has been paring its Apple holdings since late 2023; the stake, once worth more than $175 billion, was valued at about $60 billion as of Tuesday’s close.
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Berkshire Hathaway (BRK.A)(BRK.B), the conglomerate formerly led by famed investor Warren Buffett, reduced its holdings in tech giants Apple (AAPL) and Amazon (AMZN) in the final quarter of 2025, according to a regulatory filing released Tuesday.
Berkshire sold about 10.3 million shares of Apple, about 4% of the firm’s stake in the iPhone maker. Berkshire has been steadily trimming its stake in Apple—its largest position—since late 2023, though the pace of its sales has slowed. Berkshire’s stake, once worth about $175 billion, totaled about $60 billion as of Tuesday’s close.
Why This Matters to Investors
Big tech stocks led markets higher for years after ChatGPT sparked the AI craze on Wall Street in late 2022. But those stocks have been treading water for about half a year, weighed on by worries about overspending on AI and stretched valuations.
Berkshire made a bigger cut to its Amazon holdings, selling 7.7 million shares, or more than 75% of its stake in the e-commerce giant. The holdings, worth about $2.1 billion at the end of the third quarter, were valued at about $457 million as of Tuesday.
Tuesday’s filing is the last Berkshire portfolio update overlapping with Warren Buffett’s tenure as chief executive. Buffett, who took over Berkshire in 1965 and built it into an insurance and investment behemoth worth more than $1 trillion, officially handed the reins over to current CEO Greg Abel when he retired at the end of last year.
Apple stock rose nearly 7% in the fourth quarter. Apple, unlike Big Tech peers such as Meta (META) and Alphabet (GOOG), is not spending hand over fist on AI infrastructure, and that became a tailwind for the stock when the AI rally wavered last quarter. Amazon shares rose 5% in the same period.
