Berkshire Hathaway’s Stake in Apple Doubles in ValueDr. David Kass
At today’s closing price of $289.91 for Apple, Berkshire’s 5.4% stake in the company is valued at $72 billion, double its $36 billion investment. One of Berkshire’s portfolio managers, Ted Weschler or Todd Combs, made Berkshire’s initial purchases in Apple during the first quarter of 2016. Since then, however, the vast majority of additional purchases were made by Warren Buffett. Apple is the largest holding in Berkshire’s common stock portfolio, representing about 30% of its total value.
Article by Dr. David Kass