Apple (NASDAQ: AAPL) is the largest stock investment in Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) closely watched stock portfolio, and it isn't even close.

At the end of 2023, Berkshire Hathaway owned 905,560,000 shares of the iPhone maker, and as of April 15, this translates to a market value of approximately $156 billion. Berkshire Hathaway's investment represents 5.9% ownership of Apple, making up about 43% of Berkshire's portfolio. For context, Berkshire's second-largest stock investment, Bank of America, is less than one-fourth the size of its Apple stake.

Berkshire Hathaway first reported Apple stock in its portfolio in the first quarter of 2016. It started as a small investment (for Berkshire), with the company initially spending about $1.1 billion on Apple shares at that time. It was also confirmed that Buffett didn't initiate the investment -- one of his investment managers (Ted Weschler or Todd Combs) initially pulled the trigger on it.

Continue reading

Source Fool.com