Berkshire Hathaway has once again reduced its stake in Apple while making a fresh $350 million investment in The New York Times, according to new regulatory filings that outline the conglomerate’s moves in the final quarter of 2025. The changes came during a historic transition period for the company as Warren Buffett stepped down and Greg Abel took over as chief executive at the start of this year.
The filings show that Berkshire sold 4 percent of its Apple shares in the fourth quarter, although Apple remains its largest holding at $62 billion. At the same time, Berkshire acquired 5.07 million shares of The New York Times, valued at roughly $351.7 million by the end of December, signaling a return to the newspaper sector that Buffett exited in 2020.
Reuters reports that Berkshire also reduced its position in Amazon, selling 77 percent of its 10 million shares, while adding to its holdings in Chevron and Chubb and trimming stakes in Aon and Bank of America. The filing did not specify whether Buffett, Abel, or portfolio manager Ted Weschler directed the trades.
Apple Still the Largest Holding
Berkshire first began buying Apple stock in 2016, and at its peak in 2023 it owned more than 915 million shares worth about $174 billion. Although Buffett has steadily trimmed the position in recent years as part of a broader effort to build cash reserves, Apple remains central to Berkshire’s equity portfolio.
In an earlier interview, Buffett joked:
“Tim Cook has made Berkshire a lot more money than I’ve ever made.”
When Buffett announced his retirement, Apple CEO Tim Cook said:
“There’s never been someone like Warren, and countless people, myself included, have been inspired by his wisdom.”
With Abel now leading Berkshire and Buffett remaining chairman, investors will watch closely to see whether the company’s investment strategy changes or continues along the path Buffett set over six decades.
