Apple stock remains the No.1 holding in Berkshire Hathaway’s portfolio
In Q1, Warren Buffett’s Berkshire Hathaway maintained its massive stake in Apple stock after significant sales to generate cash in preceding quarters.
Harrison Miller for Investor’s Business Daily:
Apple stock is among the top five holdings in Berkshire Hathaway’s portfolio by number of shares. But it is easily No. 1 by market value. As of mid-May, that Apple stake was worth a whopping $66.6 billion.
In fact, Apple could be called the poster child for Warren Buffett stocks due to its strong earnings, returns and management.
Top Buffett stocks tend to be dividend growers. Take Coca-Cola, which has grown dividends for more than 50 years.
Between 1965 and 2024, Berkshire Hathaway’s stock portfolio posted a 19.9% compound annual gain. That is nearly double the 10.4% return of the S&P 500 index, with dividends included… Buffett has owned Coca-Cola and American Express for several decades, and Apple since 2016.
Apple now makes up 28% of Berkshire’s total equity portfolio, up from 6% in 2016.
MacDailyNews Take: One of Warren Buffett’s most famous quotes about holding investments is: “Our favorite holding period is forever.”
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