Berkshire Slashes 75% of Apple Stake, Builds $11.2B Chubb Position

Berkshire Hathaway under Warren Buffett sold roughly 75% of its Apple stake from early 2024 through his 2025 retirement, trimming a position that once neared half the portfolio to a remaining $61.6 billion. Proceeds boosted a new $11.2 billion stake in insurer Chubb and short-term U.S. Treasuries, framing a defensive rebalance toward steady cash flows amid volatility. This could pressure Apple sentiment and favor insurance names, with markets showing mixed reaction rather than outright selling.