巴菲特卸任前最后操作！苹果持仓再缩水

Core Viewpoint - Berkshire Hathaway has reduced its stake in Apple while initiating a position in The New York Times, with market attention on Buffett's final quarter before stepping down as CEO [1][4]. Group 1: Berkshire's Holdings - As of the end of Q4, Berkshire's total portfolio size increased to $274 billion from $267 billion in the previous quarter, with the top ten holdings concentration at 88.26% [1]. - In Q4, Berkshire increased its holdings in 4 stocks, reduced its holdings in 9 stocks, and initiated 1 new position [2]. - The value of Berkshire's stake in Apple was reduced by 4.3% to $61.96 billion, making it still the largest holding [2][3]. Group 2: Changes in Specific Holdings - Berkshire further reduced its stake in Bank of America by 8.9% [3]. - Berkshire disclosed a relatively small stake in The New York Times valued at $351.7 million, ranking 29th among its 41 holdings [4]. - Berkshire's adjustments may reflect a simplification of the investment portfolio for the incoming CEO, Greg Abel [4]. Group 3: Leadership Transition - Q4 was Buffett's last quarter as CEO, with Greg Abel taking over the role at the beginning of the new year [4][6]. - Structural adjustments were announced prior to Buffett's departure, including changes involving investment manager Todd Combs [5].