STNE - Warren Buffett's Apple Appetite Waning? Berkshire Trims Top Holding Ditches Big Homebuilder Bulks Up On A Media Firm: What Investors Should Know | Benzinga
Billionaire investor Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) latest 13F report, filed with the SEC, surprised some by not revealing any new major positions in the fourth quarter. However, the report did disclose some interesting changes within the existing portfolio:
Apple Adjustments: Despite remaining the top holding, Berkshire trimmed its Apple Inc. (NASDAQ:AAPL) shares by over 10 million, suggesting a cautious outlook despite the stock’s continued appreciation and dividend payments. At the end of the quarter, the firm held 905.56 million Apple shares.
Berkshire stands to receive $217 million in dividend income alone from its Apple investment, assuming it hasn’t tinkered with its holdings in the quarter-to-date period.
The move comes on the heels of the company’s fundamentals faltering slightly amid soft demand for its flagship hardware product, the iPhone.
Despite the cutback, the value of Berkshire’s Apple holding rose from $156.75 billion at the end of the third quarter to $174.35 billion at ...