Legendary investor Warren Buffett made significant portfolio changes in his final quarter as CEO of Berkshire Hathaway. The conglomerate invested approximately $350 million in shares of New York Times Co., while drastically reducing stakes in tech giants such as Amazon and Apple. This decision, announced just before handing over the reins to Greg Abel, sparked enthusiasm in the traditional media market.
Investment in New York Times
Berkshire Hathaway acquired a package of 5.1 million shares of the publisher of the prestigious newspaper, valued at approximately $350 million in the last quarter of 2025.
Retreat from Tech Giants
Warren Buffett's holding reduced its stake in Amazon by 75% and continues the trend of selling Apple shares, decreasing its holding by 4.3%.
Changing of the Guard at Berkshire
These spectacular moves are the last decisions of 95-year-old Buffett before officially handing over the CEO role to his successor, Greg Abel.
Record Media Valuations
Upon news of Buffett's involvement, New York Times shares rose to levels of $76.50-76.99, indicating immense investor confidence.
At the end of 2025, Warren Buffett, known as the "Oracle of Omaha," finalized his last investment moves as head of Berkshire Hathaway. The biggest surprise is a return to the newspaper sector through the purchase of 5.1 million shares of the publisher of the "The New York Times" newspaper. This package, valued at approximately $350-375 million, is a clear signal of support for the subscription model and digital transformation of traditional journalism. News of the investment caused an immediate 3% rise in the stock price of the New York company, reaching record levels in after-hours trading. Simultaneously, Buffett's conglomerate adopted a bearish stance toward the technology sector. Berkshire Hathaway reduced its stake in Amazon by over 75% (selling about 7.7 million shares) and decreased its Apple shareholding by 4.3%. This marks the third consecutive quarter of reducing positions in the Cupertino-based company. These moves are interpreted by Wall Street analysts as a desire to secure profits and prepare the portfolio for more uncertain times under the leadership of successor Greg Abel. Warren Buffett has long declared his love for newspapers, but in 2020 he withdrew from the industry, selling most of his local newspapers to Lee Enterprises. His return to media through the elite New York Times is seen as recognition of the brand's unique strength in the era of misinformation. 75% — by how much Berkshire Hathaway reduced its stake in Amazon It is worth noting that despite selling tech stocks, Berkshire Hathaway is not fully exiting the capital market; positions have been increased in companies such as Chevron and Chubb. The holding's entire investment portfolio now totals about $275 billion, and the company has record cash reserves. Buffett's departure marks the end of an era, but his final decisions suggest that until the end, he believed in the value of proven media brands over overvalued digital giants. „I'll be quiet.” — Warren Buffett Apple (sale): 10.3, Amazon (sale): 7.7, NY Times (purchase): 5.1
Mentioned People
- Warren Buffett — Legendary investor, longtime head of Berkshire Hathaway, known as the Oracle of Omaha.
- Greg Abel — Successor to Warren Buffett as CEO of Berkshire Hathaway from the beginning of 2026.
- Donald Trump — Former U.S. president, mentioned in the context of legal disputes with the New York Times.