Buffett Cuts Apple Stake from $200B to $50B, Cash Hoard Tops $370B
Berkshire Hathaway has slashed its Apple stake from near $200 billion to roughly $50 billion, marking one of its largest reductions in three decades. This net selling contributed to Buffett’s longest selling streak of 13 consecutive quarters, boosting his cash reserves to approximately $373 billion.
1. Major Apple Stake Reduction
Berkshire Hathaway reduced its Apple holding from approximately $200 billion to around $50 billion, representing a roughly 75% cut in its position and one of the largest single-company reductions in over 30 years.
2. Prolonged Net Selling Streak
This sale contributed to Buffett’s longest consecutive net selling streak of 13 quarters, during which Berkshire sold over $12.5 billion in stocks in the most recent quarter with negligible new purchases.
3. Record Cash and Treasury Buildup
These liquidations have propelled Berkshire’s cash and short-term Treasuries to about $373 billion, accounting for more than 30% of its total assets—the highest allocation in more than three decades.
4. Implications for Apple Investors
Buffett’s large-scale trimming of Apple suggests concerns over current equity valuations and could signal caution for Apple’s near-term performance, potentially weighing on investor sentiment.