Skip to main content

Berkshire Hathaway is now AAPL’s second-largest shareholder [U: Reuters says ‘data error’]

Update: Reuters has now issued a correction, stating that it made a data error, and that Berkshire Hathaway remains #3:

Corrects ninth paragraph in May 15 article because of data error, and to show that Berkshire Hathaway is Apple’s third-largest shareholder, trailing Vanguard Group and BlackRock, not its second-largest shareholder.

Warren Buffett’s Berkshire Hathaway recently disclosed that it had increased its stake in AAPL to 240.3M shares, worth more than $42B at the time …

A regulatory filing by the company yesterday reveals that this makes the conglomerate Apple’s second-largest shareholder.

Reuters reports that its data showed Berkshire’s 5% stake in the company meant it had overtaken BlackRock Inc to move from #3 to #2 in the shareholder ranking. Berkshire remains behind the Vanguard Group.

Buffett said he would like to own more of AAPL, and even went as far as telling CNBC that he’d love to own 100% of the company. Tim Cook recently said that he was ‘thrilled’ to have Buffett as a major investor.

I’ve always greatly admired Warren and have always been grateful for his insight and advice.

Buffett was particularly pleased by Apple’s latest $100B stock buyback program, noting that it would increase his stake without paying a dime. Not everyone was quite as supportive, however, Ralph Nader suggesting that Apple should instead use the repatriated cash to reduce prices.

Check out 9to5Mac on YouTube for more Apple news:

FTC: We use income earning auto affiliate links. More.

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel



Avatar for Ben Lovejoy Ben Lovejoy

Ben Lovejoy is a British technology writer and EU Editor for 9to5Mac. He’s known for his op-eds and diary pieces, exploring his experience of Apple products over time, for a more rounded review. He also writes fiction, with two technothriller novels, a couple of SF shorts and a rom-com!

Ben Lovejoy's favorite gear