Apple is the second-largest holding, comprising 6.70% of the IVV portfolio. Warren Buffett's Berkshire cuts Apple’s holding but reveals three new secret buys Updated : February 17, 2021 11:54:37 IST Business Tycoon Warren Buffet's Berkshire Hathaway has bought new stakes in Verizon stock, Chevron (CVX) and Marsh & McLennan, according to a … In fact, Apple is Berkshire Hathaway's largest position by far, worth more than twice as much as the holding company's second-largest position, Bank of America. Buffett admitted he sold some of Berkshire’s Apple holdings amid the turbulence of last year. The changes were done in secret to adjust the company's portfolio amid the COVID-19 pandemic. Berkshire Hathaway, Warren Buffett's investment fund, has reduced its holdings in Apple over the last quarter, offloading in excess of $800 million worth of Apple … Warren Buffett’s Berkshire Hathaway trimmed holdings in Apple, in line with our estimate. Berkshire's Apple position accounts for roughly half of the total value of Berkshire's stock portfolio, and represents 25% of its $521 billion market capitalization. Berkshire didn’t explicitly say that it sold Apple shares but an analysis of its equity holdings suggests that, Barron’s explained. “Saying that, I’m referencing the investment held in Berkshire’s general account and am excluding a very small and separately-managed holding of Apple shares that was subsequently sold. The Apple stake reduction left Berkshire with a holding valued at about $120 billion at the end of 2020, according to another filing. It also initiated positions in drug giants AbbVie, Pfizer, and Merck. As of August 3, 2019, Berkshire Hathaway had $122 billion in cash and cash equivalents. Berkshire Hathaway Inc. Berkshire Hathaway owns more than 1 billion shares of Apple… This is a list of subsidiaries, equities, and cash equivalents owned by multinational holding company Berkshire Hathaway Cash and equivalents. “Berkshire held $111.7 billion of Apple stock on Sept. 30, or about 965 million shares based on Apple’s closing price that day of $115.81.