Warren Buffett’s Berkshire Hathaway unveiled new bets on 3 homebuilders in Q2 - $DHI $LEN $NVR These stakes are relatively small so they could have been purchased by Todd Combs and Ted Weschler.
The Omaha-based conglomerate picked up $726 million worth of D.R. Horton shares, $70 million worth of NVR shares as well as $17.2 million worth of Lennar in the second quarter, the filing showed. These stakes are relatively small for Berkshire, whose equity portfolio is worth nearly $350 billion. They could have been purchased by Buffett's two investing lieutenants, Todd Combs and Ted Weschler, who oversee about $15 billion each.
Top holdings Berkshire shares just hit a record high last week on the back of strong second-quarter results. The parent of GEICO insurance reported a near $26 billion unrealized gain from its investments, and much of this gain came from its gigantic stake in Apple . The tech giant fueled the market rally in the second quarter, climbing nearly 18%. Berkshire's Apple holding has ballooned to $177.6 billion.
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