Berkshire Hathaway reduced its Apple stake by 4% in the fourth quarter of 2025, though Apple remains the conglomerate's largest equity holding at approximately $62 billion. The filing with the Securities and Exchange Commission shows this modest adjustment follows a pattern of periodic trimming as Apple's market value climbed and represented an outsized share of Berkshire's portfolio.

This latest reduction is far less dramatic than Berkshire's 77% sell-off of its Amazon position in the same quarter. The scale of these moves matters - a 4% trim on a $62 billion position represents portfolio maintenance rather than a shift in investment thesis. Large asset managers routinely rebalance concentrated holdings as they appreciate, especially when market conditions limit compelling alternatives.

Apple continues to generate substantial revenue and free cash flow, supported by the iPhone, expanding services segment, and tightly integrated hardware and software ecosystem. For Berkshire, Apple remains a cornerstone holding because of both its historical returns and its durable business model. The broader portfolio still reflects Apple as its dominant equity position rather than a fading bet.