Warren Buffett acquired 916 Million Apple shares worth $173 Billion. It makes up 51.63% of their stock portfolio and is their biggest holding. The investor owns 5.83% of the outstanding Apple stock. The first Apple trade was made in Q1 2016. Since then Warren Buffett bought shares thirteen more times and sold shares on five occasions. The stake costed the investor $36.3 Billion, netting the investor a gain of 378% so far.
The Oracle of Omaha has spent nearly twice as much of his company''s cash buying shares of this stock than tech giant Apple.
Berkshire Hathaway recently reached an all-time high, despite market conditions putting pressure on its biggest stock holding, Apple. Click here to read more.
Although Occidental Petroleum and Apple have been popular buys, the Oracle of Omaha has piled more of Berkshire Hathaway''s cash into another beloved stock.
The Oracle of Omaha is breaking one of his most important investment rules by purchasing additional shares of Apple.