Buffett diminishes Apple holdings, pours $1.5 billion into fresh investment
In the second quarter of 2025, Warren Buffett's Berkshire Hathaway, the first American company outside the technology sector to reach a market capitalization of over $1 trillion, underwent a strategic rebalancing of its investment portfolio.
The conglomerate, known for its disciplined approach to investing, made significant moves to trim its positions in several key companies, most notably Apple, Bank of America, and T-Mobile US, while selectively adding to its holdings in Chevron, Constellation Brands, and UnitedHealth Group.
Apple, which previously held a significant 26% weight in the portfolio, saw a reduction of 6.7% in its stake, with the sale of 20 million shares, bringing the total number of shares to 280 million, still worth approximately $57.4 billion. Bank of America, another heavyweight in the portfolio, saw a 4.2% reduction in its stake, with more than 26 million shares sold, leaving 605 million shares valued at approximately $28.6 billion.
In a move that signaled confidence in the energy sector, Berkshire Hathaway increased its holdings in Chevron by 2.9%, adding 3.45 million shares, bringing the total to 122 million shares worth about $17.5 billion. The company also boosted its position in Constellation Brands by 11.6%, adding 1.39 million shares, totaling 13.4 million shares worth around $2.18 billion.
The portfolio included shares of 41 companies in the second quarter, with Berkshire Hathaway's stake in homebuilder Lennar Corp experiencing a significant increase of 256.24%, to 7 million shares, valued at $780 million at the end of the quarter. Buffet also increased his positions in Lennar Corp Class B shares by 18.43% to 181,000 shares, valued at $19 million.
New additions to the portfolio included 1.2 million shares of Lamar Advertising, valued at $142 million, and 780,000 shares of Allegion, valued at $112 million. Berkshire Hathaway also expanded its position in UnitedHealth Group, although the exact number of shares was not detailed in the results.
The rebalancing effort resulted in a net reduction in stock holdings, with Berkshire Hathaway offloading about $6.92 billion while buying $3.9 billion. However, the exact total market value of Berkshire's entire investment portfolio (all equity holdings combined) for Q2 2025 is not explicitly stated in the search results provided.
Despite the rebalancing, Berkshire Hathaway's portfolio remained diverse, with American Express taking the second place with 18.78%, Coca-Cola moving to fourth place with 10.99%, and Bank of America holding the third place with 11.12%.
The strategic moves were made two days before the 94th birthday of the company's founder, Warren Buffet, reflecting a cautious capital deployment in a volatile market. The rebalancing demonstrates Buffet's commitment to maintaining a diverse and well-balanced portfolio, while still seizing opportunities in promising sectors.
Berkshire Hathaway, in its strategic rebalancing, trimmed its positions in several businesses such as Apple, Bank of America, and T-Mobile US, while selectively investing more in Chevron, Constellation Brands, and UnitedHealth Group, showing a shift towards certain sectors like energy. Warren Buffett also increased his positions in Lennar Corp and Lennar Corp Class B shares, demonstrating a continued interest in the business sector.
