Warren Buffett Sells 75% of Apple Stake, Increases Exposure to Chubb
Warren Buffett sold 75% of Berkshire Hathaway's Apple stake, reducing the company's largest investment to $61.6 billion. The move is attributed to portfolio rebalancing, tax considerations, and a shift toward safer short-term U.S. Treasuries. Buffett increased Berkshire's holdings in Chubb, a major insurance provider.
Topics: Apple Inc. Berkshire Hathaway Chubb Portfolio Rebalancing Warren Buffett