Buffett began buying shares in the consumer electronics giant in 2016 and continued buying, turning Apple into Berkshire Hathaway's biggest individual stock holding in 2017. Apple represented roughly 50% of Berkshire Hathaway's investment portfolio at its peak in 2023.

Also notice that although these are six brand-new positions, they add up to about $4 billion, significantly less than the proceeds from the Apple, Bank of America, and T-Mobile sales, which is how Berkshire was still a net seller of stocks for the quarter.

Warren Buffett’s Berkshire Hathaway resumed selling shares of Apple in the second quarter, offloading a stake worth more than $4bn as the billionaire investor continued to cut one of his most profitable trades.