Warren Buffett's Berkshire Hathaway owns the most Apple stock, not CEO Tim Cook.
From Nasdaq.: 2024-06-25 07:29:00
Apple stock has surged 22% in the last three months, reaching a value of $690 million for CEO Tim Cook. However, board chairman Ari Levinson holds more Apple stock with over 4.59 million shares. Warren Buffett’s Berkshire Hathaway owns 915.6 million Apple shares, even after selling 116 million this year.
Buffett’s total Apple stock position remains substantial at around 790 million shares. While his individual ownership is not detailed in Berkshire’s filings, his indirect investment in Apple is significant. In total, Buffett owns 38.4% of Berkshire’s stock, giving him a corresponding ownership position in the conglomerate’s Apple holdings.
Consider financial advice before investing in Apple, as it was not included in the top 10 stocks identified by the Motley Fool Stock Advisor team. Their recommendations have historically outperformed the S&P 500 since 2002, offering a blueprint for successful investment strategies. These picks could lead to significant returns over time.
The Motley Fool has positions in and recommends Apple and Berkshire Hathaway, but analyst Keith Noonan has no personal stake in these companies. Remember that the author’s views do not necessarily reflect those of Nasdaq, Inc.
Read more at Nasdaq.: This is Who Owns the Most Apple Stock. Hint: It’s Not Tim Cook.