Apple(US:AAPL) 聪明投资者·2025-08-15 06:52Core Viewpoint - The article discusses the latest holdings of major investment firms in the U.S. stock market as of the second quarter of 2025, highlighting significant changes in their portfolios and potential investment opportunities. Group 1: Berkshire Hathaway Holdings - Berkshire Hathaway slightly reduced its stake in Apple by 20 million shares, which accounts for 6.67% of its holdings, but Apple remains the top holding [3][6] - Berkshire's previously undisclosed "invisible holdings" were revealed, including homebuilders Lennar and D.R. Horton, and steel giant Nucor [3][11] - Berkshire's new investment in UnitedHealth Group was unexpected, with the company facing challenges and a significant drop in stock price [3][12] - Berkshire's top ten holdings remain familiar names, with changes in four companies, including a reduction in American Bank shares [7][8] Group 2: Other Investment Firms - Himalaya Capital made a notable move by re-entering a position in Pinduoduo, now its second-largest holding, closely following American Bank [3][15] - Significant investments were made in Nvidia and Alphabet by various firms, with some firms capitalizing on the April market dip [4][18] - Highfields and Jinglin Capital showed differing strategies regarding Pinduoduo, with Highfields increasing its stake while Jinglin reduced its holdings significantly [21][26] Group 3: Market Trends and Insights - The article notes that many institutions took advantage of the market dip in early April, leading to increased positions in growth stocks [5] - The overall trend shows a shift towards technology and healthcare sectors, with firms like Baillie Gifford increasing their U.S. stock holdings significantly [28][30] - The article highlights the contrasting strategies of different investment firms regarding Chinese stocks, with some reducing their positions in Alibaba and Pinduoduo while others increased their stakes [28][21]