From Nasdaq:

Warren Buffett’s 58.5-year tenure at Berkshire Hathaway has seen incredible growth, with share value skyrocketing from $18 to around $580,000 today, a cumulative return of over 3,200,000% and a compound annual growth rate of about 19.4%. Much of this growth is attributed to Buffett’s expansion into the insurance industry and purchases within Berkshire’s portfolio.

Apple is the biggest holding in Berkshire Hathaway’s portfolio, accounting for nearly half of the entire portfolio value. Buffett and his team have consistently added to Berkshire’s position in Apple since its initial investment in 2016, with the stake in Apple being worth around $173 billion after an initial investment of around $40 billion.

Buffett has also been investing heavily in Occidental Petroleum over the past two years, growing Berkshire’s stake in the company to nearly 28% and spending about $23.5 billion to establish that position.

Warren Buffett has spent about $75 billion buying shares of one stock in particular over the last five years, and it’s not appearing in Berkshire’s portfolio. That stock is Berkshire Hathaway itself, thanks to a change in the share repurchase policy in mid-2018. With a large cash reserve and billions in free cash flow, Buffett is expected to continue buying back Berkshire stock going forward.

The buybacks benefit Berkshire Hathaway shareholders by increasing their stake in future earnings, supporting the company’s earnings per share, and signaling a big buyer willing to step in if the stock price declines, preventing a significant drop in price.

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Read more: Warren Buffett Has Bought More of This Stock Than Any Other Over the Last 5 Years — No, It’s Not Apple