Warren Buffett’s Berkshire Hathaway

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If Warren Buffett can do a cartwheel, he’s probably doing one right now, as Apple Inc.’s stock continued its surge and notched yet another record close.

The famed billionaire investor’s investment vehicle, Berkshire Hathaway Inc.BRK.B, +0.66% , disclosed in a regulatory filing Tuesday that it loaded up on Apple’s stock during the fourth quarter, increasing its stake to 57.36 million shares as of Dec. 31, up from 15.23 million shares as of Sept. 30.

Apple’s stock AAPL, +0.43% rose 2.5% during the fourth quarter. But since then, aided by stronger-than-expected first-fiscal-quarter results, reported Jan. 31, the stock has shot up $19.20, or 16.6%, closing Tuesday at a record level for a second straight day.

If the stake remained unchanged, Buffett’s Apple shares would be worth $1.1 billion more than they were just a little over six weeks ago.


Among other moves Buffett’s Berkshire made during the fourth quarter, it slashed its stake in Wal-Mart Stores Inc. WMT, -0.93% to 1.39 million shares from 12.97 million shares. With the stock down 0.7% so far in 2017, Buffett may have saved $5.33 million by selling Wal-Mart shares.

Berkshire also added a new 8.04 million–share stake in Monsanto Co.MON, +1.09% , a new 166.64 million–share bet on Sirius XM Holdings Inc.SIRI, -0.42% and a new 43.2 million–share investment in Southwest Airlines Co.LUV, -0.75% , while selling off his entire 20 million–share stake in Kinder Morgan Inc. KMI, -0.04% and cutting his bet on Verizon Communications Inc. VZ, -0.58%to just 928 shares from 15 million shares.

Berkshire more than doubled its stake in American Airlines Group Inc.AAL, +2.73% to 45.54 million shares as of Dec. 31 from 21.77 million shares on Sept. 30. His stake in Delta Air Lines Inc. DAL, -0.40% spiked nearly tenfold to 60.03 million shares from 6.33 million shares during the same time, while his investment in United Continental Holdings Inc. UAL, +1.84% rose more than sixfold to 28.95 million shares from 4.53 million shares.

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