Warren Buffett's Berkshire Hathaway trimmed its holdings in Apple and Bank of America during the final quarter of his tenure as CEO, regulatory filings show. The moves came as Buffett stepped back from daily operations, with Greg Abel taking over as CEO. The company also disclosed a new stake in The New York Times.

Berkshire's reduction in Apple shares continues a trend from previous quarters, though the tech giant remains Berkshire's largest holding. The trimming of Bank of America positions follows years of Buffett praising the bank's management and business model. The New York Times investment represents a departure from Berkshire's traditional focus on industrial and financial companies, suggesting a potential shift in strategy under new leadership.

The portfolio adjustments reflect both Buffett's evolving investment philosophy and the transition to new management. While Buffett remains involved in major decisions, the changes signal how Berkshire may adapt its legendary investment approach in the post-Buffett era. The moves come amid broader market uncertainty and ongoing questions about Berkshire's massive cash reserves.