Berkshire Hathaway moves into second place among Apple shareholders | iLounge News

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Berkshire Hathaway moves into second place among Apple shareholders

Warren Buffett’s Berkshire Hathaway has confirmed in a recent regulatory filing that it is now Apple’s second-largest shareholder, Reuters reports. The filing notes that Berkshire invested $14.8 billion more in equities during the last quarter, most of which went to Apple, increasing its stake in the company to 239.6 shares valued at more than $40 billion — or roughly five percent of Apple stock. According to Reuters, this moves Berkshire Hathaway into second place among Apple investors, passing BlackRock and trailing behind Vanguard Group. Buffett recently told shareholders at Berkshire’s annual meeting that he might but more Apple stock for the right price, and two days later declared to CNBC that he’d “love to own 100 percent” of Apple.

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