Berkshire Buys New York Times Stock, Sells Apple, Bank of America, Amazon

Warren Buffett's company made major portfolio changes in Q4 2025

Feb. 19, 2026 at 3:55pm

Berkshire Hathaway, the conglomerate led by Warren Buffett, continued to trim its stakes in Bank of America and Apple in the fourth quarter of 2025 and initiated a new position in The New York Times, buying 5 million shares of the newspaper publisher.

Why it matters

Berkshire Hathaway's investment moves are closely watched by the markets, as the company's portfolio decisions can signal broader trends and shifts in Buffett's investment strategy as he prepares to step down as CEO.

The details

In its latest 13-F filing, Berkshire disclosed that it had sold portions of its holdings in Bank of America and Apple, two of its largest investments. The company also exited its position in Amazon. At the same time, Berkshire established a new 5 million share stake in The New York Times, signaling Buffett's belief in the future of the newspaper industry despite broader challenges facing print media.

  • The filing covered Berkshire's portfolio changes in the fourth quarter of 2025.

The players

Berkshire Hathaway

A multinational conglomerate holding company led by Warren Buffett, one of the world's most renowned investors.

Warren Buffett

The chairman and CEO of Berkshire Hathaway, who is preparing to step down from his leadership role.

The New York Times

A major American newspaper publisher and one of the most influential media companies in the world.

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What’s next

Investors will be closely watching Berkshire Hathaway's future portfolio moves as Buffett transitions out of his leadership role, seeking clues about the company's long-term investment strategy.

The takeaway

Berkshire Hathaway's latest portfolio changes, including a new stake in The New York Times, reflect Buffett's evolving views on the media industry and broader market trends as he prepares to hand over the reins of the conglomerate.