With a market capitalization of more than $950 billion, ranks as the world's eighth-largest company. Led by CEO and world-famous investor Warren Buffett, the company has delivered incredible returns for its long-term shareholders and continues to be massively influential in the investing world. Notably, the Oracle of Omaha has never been much of a fan of portfolio diversification and has instead preferred to weight Berkshire's stock holdings heavily toward a small number of high-conviction investments.

But Buffett and Berkshire have actually been making some dramatic moves lately, and the balance of the company's portfolio has shifted in some big ways. Let's take a look at two of the stocks where he's most invested in now. Despite big changes, this is still Buffett's biggest bet Berkshire Hathaway shocked the world with its recent .

With the disclosure report it submitted to the Securities and Exchange Commission (SEC) earlier this month, the investment conglomerate revealed that it had sold more than 389 million shares of stock. The move reduced Berkshire's total investment in the tech giant by 49%, and immediately raised concerns that Buffett was losing faith in the tech leader. On the other hand, Apple is still Berkshire Hathaway's biggest stock investment by far.

Even after the sell-off, the iPhone company's stock still accounts for roughly 28.8% of Berkshire's total stock portfolio -- more than three times larger than its second-biggest position. While Buffett has argued.