Berkshire Cuts Apple Stake 4% to $62B, Investors Embrace Covered Calls
Berkshire Hathaway cut its Apple stake by 4% in Q4 2025 yet held $62 billion, or 23% of its equity portfolio, as Apple remained its largest holding. Retail investors are increasingly adopting covered-call strategies on Apple shares to capitalize on steady performance and dividend payouts.
1. Berkshire's Q4 Apple Stake Reduction
In the quarter ending December 31, 2025, Berkshire Hathaway trimmed its Apple position by 4%, reducing its holdings to roughly $62 billion. This still represents 23% of its equity portfolio and remains the firm’s largest single-stock position after prior cuts of 7% in Q2 and 15% in Q3.
2. Covered-Call Strategy Uptake
Retail investors are increasingly writing covered-call options on Apple shares, selling call contracts against small portions of their holdings to generate premium income on top of quarterly dividends. This approach leverages Apple’s stable share performance and liquidity to enhance total returns.
3. Investment Implications
The combination of Berkshire’s modest divestment and rising use of income-focused strategies may signal a shift toward yield over pure growth. These dynamics could introduce additional volatility into Apple’s stock and influence how large portfolios allocate capital moving forward.