Apple Dominates Berkshire's Portfolio. The Tech Stock Is Near a Record. (2024)

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Apple Dominates Berkshire's Portfolio. The Tech Stock Is Near a Record.? ›

Apple now dominates Berkshire Hathaway 's portfolio. Apple (ticker: AAPL) is the conglomerate's single largest asset and now accounts for nearly half of the company's $340 billion equity portfolio. The Apple stake, some 915 million shares, totals $163 billion and is worth more than 20% of Berkshire's (BRK.

Excluding the holding company's Japanese brokerage stocks, Apple accounts for more than 40% of Berkshire's equity portfolio. Berkshire's top five U.S. equity holdings comprise more than three-quarters of its value, while the top 10 account for more than 90%.

Just three years ago, Buffett proclaimed that Apple was "probably the best business I know in the world" during an interview on CNBC.

Berkshire Hathaway owns about 6% of Apple, and has a much larger stake in the iPhone maker than in any other public company. Warren Buffett, who calls himself a Luddite, has long said buying Apple wasn't a bet on technology, but on a company that's beloved by customers.

Berkshire cuts Apple investment by about 13%, Buffett hints that it's for tax reasons. OMAHA, Nebraska — Warren Buffett's Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet.

Buffett began buying Apple in the first quarter of 2016, but there's no way to know exactly what his average share price was. But if you use the highest closing that quarter as a conservative estimate, it means that you would have paid $27.06 per share for Apple.

Vanguard owns the most shares of Apple (AAPL). What is the significance of the ownership structure for a publicly traded company?

Almost half of the total portfolio

It owns nearly 790 million shares of Apple stock, or a 5.1% stake in the company. Buffett recently grouped Apple together with American Express and Coca-Cola as stocks he plans to hold forever.

Apple: $878 million in dividend income

It is the largest investment Berkshire Hathaway has ever made in a single stock, and the annual dividend payout should also grow into a sizable amount over the long term.

Warren Buffett is selling stocks because he's getting out at the market high, Paul Dietrich told BI. The Berkshire Hathaway CEO will pile back in once a crash or recession hits, the strategist said.

Should I hold Apple stock forever? ›

Even as one of the most valuable companies in the world, Apple remains a great stock pick. Tech giant Apple (AAPL -0.16%) has been around a while and has delivered market-crushing returns over its long and storied history.

Key Points. Warren Buffett is by far the biggest shareholder of Berkshire Hathaway. His daughter, Susan Alice Buffett, is the second largest individual shareholder.

All-around performance is very strong, but not quite ideal, for Berkshire Hathaway stock. This is reflected in its IBD Composite Rating of 92 out of 99. Earnings are a key strength, with its EPS Rating coming in at a muscular 96 out of 99. Earnings have grown by an average of 38% over the past three quarters.

Berkshire Hathaway will receive about $789.4 million in dividends annually from its investment in Apple, which does not include reinvesting those dividends. If those dividends were reinvested, the annual dividend income would grow along with its total share count in its portfolio.

Berkshire Hathaway is a diverse holding company with well-known subsidiaries like GEICO and Dairy Queen. The company's top three individual shareholders are Warren Buffett, Susan Buffett, and Ronald Olson. The three main institutional shareholders are Vanguard, BlackRock, and State Street.

Apple is Berkshire's largest public stock holding by far.

Warren Buffett's 37.3% ownership of Berkshire Hathaway is central to understanding the company's stability, governance, and investing philosophy. His enormous stake serves as the bedrock of investor confidence, impacting everything from day-to-day operations to long-term strategic acquisitions.