For more than two years, APPLE stock has been the largest holding in Warren Buffet’s financial portfolio, roughly doubling in value over that time. The coronavirus pandemic has tipped the scales further: Apple now accounts for nearly 44% of Buffett’s roughly $214.5 billion in stocks , which is more than half his portfolio . Many argue because of this his portfolio is not fully diverse enough ( The total amount buffet has in apple stock in $93.5 billion ). 

Buffett’s second largest holding, Bank of America stock, has plunged 34% so far this year; his next largest, Coca – Cola, has fallen 19%; after that, American Express, down 25%. 

Apple has become such a juggernaut, with a $1.66 trillion market cap that makes it the most valuable company in the world, that it dominates every major U.S. stock index and many broad-based mutual funds. Apple accounts for nearly 6% of the value of the S&P 500—a weighting that has helped buoy investors’ returns amid spiking market volatility.

– OPINION –

Buffett’s light helping of tech stocks besides Apple has hurt his relative performance compared to the broader market, as tech companies have continued surging this year while other industries faltered. Ultimately, investors would have been better off putting their money in an S&P 500 exchange-traded fund (ETF)—or just Apple stock itself—than they would have been by investing in Berkshire Hathaway.