Warren Buffett’s Berkshire Hathaway disclosed that it sold roughly 20 million Apple Inc. shares in the second quarter of 2025, generating about $4 billion in proceeds. The divestment, its first reduction in Apple since the third quarter of 2024, cuts the conglomerate’s stake by about 6-7 percent and lowers the position’s market value to $57.4 billion, the smallest in more than five years. Despite the trim, Apple remains Berkshire’s single-largest equity investment, accounting for roughly 20 percent of a $268 billion stock portfolio. Buffett has repeatedly praised Apple chief executive officer Tim Cook, calling him “the best partner” at Berkshire’s annual meeting earlier this year. The sale coincides with an unprecedented build-up of liquidity at Berkshire. The company’s cash and short-term Treasury holdings reached a record $344 billion at the end of June, strengthening its ability to fund future acquisitions or share buybacks. Berkshire’s Class B shares were little changed following the filing, while Apple slipped modestly in early trading.