Warren Buffett’s big purchase of 42 million shares of Apple looks even bigger in context.
In 10 separate purchases last quarter, one of them worth $2.8 billion, Warren Buffett’s Berkshire Hathaway joined the ranks—at No. 8—of the 20 largest Apple funds.
I read yesterday that Berkshire Hathaway had nearly quadrupled its stake in Apple, bringing its total holdings to 57.4 million shares ($7.78 billion worth at Thursday’s opening price).
But it wasn’t until I plotted those purchases on the interactive chart below that I appreciated just how big a bet on Apple Buffett had made.
The funds below are listed by the value of their Apple holdings as of Dec. 31, from Vanguard ($39 billion) to TIAA Cref ($3.7 billion). Click on the quarters (June, Sept. Dec.) to watch their positions change.
Not seeing the nifty interactive chart? Try the website.
According to Whale Wisdom‘s Daniel Collins, who gathered the data from Feb. 15 SEC filings, Apple was tops once again last quarter among all publicly traded companies, both in terms of the value of shares traded and the number of funds in the game. Microsoft, he adds, is gaining fast.
Apple SEC Form 13Fs by the numbers:
- Filers who had this stock in their top 10: 1,104
- 13F Filers holding this stock: 2,304
- Aggregate shares on 12/31/2016: 3,085 billion
- Aggregate shares on 9/30/2016: 3,094 billion
- Percent change: -0.30%
- Funds creating new positions: 170
- Funds Adding to an existing position: 861
- Funds closing out their position: 102
- Funds reducing their position: 1,112