Warren Buffett Just Sold $4 Billion of Apple Stock. He Used $1.5 Billion of the Money to Buy This Beaten

The "Oracle of Omaha" swapped iPhones for insurance in the latest quarter.

Investing always requires trade-offs. For every stock bought, another stock goes unbought. And sometimes, another stock was sold to buy a stock.

That's exactly what happened for Warren Buffett recently. The legendary investor sold around $4 billion of Apple ( AAPL -0.19% ) stock in the second quarter of 2025 and used roughly $1.5 billion of that amount to buy a beaten-down blue chip stock .

Swapping iPhones for insurance

If you haven't already guessed, the blue chip stock Buffett bought in Q2 was UnitedHealth Group ( UNH 2.48% ) . In a real sense, the "Oracle of Omaha" swapped iPhones for insurance.

Berkshire Hathaway 's ( BRK.A 0.66% ) ( BRK.B 0.63% ) 13-F filing for Q2 reveale