Warren Buffett has further lowered his stake in tech giant Apple, downsizing Berkshire Hathaway's biggest equity holding for a fourth consecutive quarter.
Source: Sharecast
Berkshire Hathaway held $69.9bn worth of Apple shares at the end of September, implying that Buffett had disposed of approximately a quarter of his stake and now holds roughly 300.0m shares.
In total, Berkshire Hathaway's stake was down 67.2% year-on-year.
As of 0930 GMT, Apple shares were down 0.64% in pre-market trading at $221.49 each.
Reporting by Iain Gilbert at Sharecast.com
If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.