Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-B) just made a big bet on Apple Inc. AAPL.
According to Berkshire Hathaway's most recent Form 13F, the firm owns 9,811,747 shares of Apple.
News of Buffett's stake in Apple helped boost the company's shares higher by more than 2 percent early Monday morning.
According to CNBC, Berkshire Hathaway's latest bet wasn't a purchase made by Buffett, rather it was one of his two lieutenants.
"I can tell you this was not a purchase Warren Buffett made. It was one of his two lieutenants" - @BeckyQuick, on @CNBC $AAPL
— Carl Quintanilla (@carlquintanilla) May 16, 2016
The tech giant recently traded at $92.16, up about 1.8 percent in the pre-market session. The stock hit a 52-week low last week, falling under the $90 level for the first time since June 2014.
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