Berkshire’s Stock Hits 3-Year Slump Amid $9.2B Apple Cut

- Class A shares in three-year slump, trading below 200-day moving average for six weeks. - Portfolio shake-up includes T-Mobile exit, Apple trim, and $1.6 billion bet on UnitedHealth. Warren Buffett's Berkshire Hathaway is facing significant stock pressure, with its Class A shares trading below their 200-day moving average for six consecutive weeks. This marks the longest stretch of underperformance in three years. According to SEC filings on August 16, 2025, the firm made several major changes. Berkshire Hathaway fully exited its $1 billion stake in T-Mobile. It also reduced its Apple holdings by 20 million shares, a cut valued at $9.2 billion. In addition, Berkshire sold 26 million Bank of America shares, lowering its ownership in the lender to around 8%. The filings also show Berkshire investing in countercyclical sectors. For instance, the firm acquired shares in Lennar, a major homebuilder, despite current housing market pressures. In a bolder move, Berkshire invested $1.6 billion in UnitedHealth Group, purchasing over 5 million shares. This investment comes at a turbulent time for the healthcare giant, as UnitedHealth faces a Department of Justice probe into its Medicare billing practices and has experienced internal management shifts, including the departure of CEO Andrew Witty earlier this year. Moreover, the company issued multiple profit warnings, which caused its stock to decline nearly 50% over the year before Berkshire's investment. Following the news of Berkshire's investment, however, UnitedHealth's stock soared 12%, marking its biggest single-day gain since March 2020. This rebound highlights the market's confidence in Buffett’s foresight, even as UnitedHealth grapples with its operational challenges. As of August 16 at 12:00 UTC, Berkshire Hathaway's Class A stock (BRK.A) trades at $521,300 per share, down 1.5% for the day, according to market data.