🔍 Berkshire exits $2.1B Apple stake; 3 proxy fights emerge in industrials
Published Mar 6, 2026
Warren Buffett's Berkshire Hathaway disclosed a complete exit from its $2.1 billion Apple position in its latest 13F filing — the first time in eight years the conglomerate has held zero shares of the tech giant, which represented 40% of Berkshire's equity portfolio as recently as Q2 2024. The filing, covering holdings as of December 31, 2025, marks the culmination of a gradual selldown that began in mid-2024 and erased what had been Buffett's largest-ever tech bet. Separately, three proxy contests surfaced at major industrial companies this quarter, with activist funds filing shareholder proposals targeting board composition and capital allocation at firms with a combined $87 billion market cap. The convergence of Berkshire's portfolio restructuring and renewed activist pressure in cyclical sectors suggests institutional investors are repositioning ahead of what many expect to be a volatile second half of 2026, though 13F data reflects decisions made 65+ days ago and offers no insight into current thinking or future market direction.