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Buffett's Berkshire Hathaway Trails the S&P 500 in 2024 as Large Apple Sales Cost $50 Billion
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Buffett's Berkshire Hathaway Trails the S&P 500 in 2024 as Large Apple Sales Cost $50 Billion
Warren Buffett's Berkshire Hathaway currently holds about 280 million shares of Apple (Nasdaq:AAPL), valued at approximately $74 billion (£55.5 billion). This makes Apple Berkshire's largest portfolio holding. However, under Buffett's leadership, the firm has sold more than 630 million Apple shares over the past two years. The aggressive selling began in Q4 2023, with Berkshire reducing its stake significantly. Despite this, Apple's stock has su…
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