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Warren Buffett’s Berkshire builds stakes in homebuilders DHI, NVR, Lennar

Warren Buffett’s Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) added new holdings in homebuilders D.R. Horton (NYSE:DHI), NVR (NYSE:NVR), and Lennar (NYSE:LEN.B) during Q2 and divested its stakes in McKesson (NYSE:MCI), Marsh & McLennan (NYSE:MMC), and Vitesse Energy (NYSE:VTS) during the second quarter of 20223, according to its latest 13F filing.

D.R. Horton (DHI) shares climbed 2.8% in Monday after-hours trading.

It increased stakes in Capital One Financial (NYSE:COF) to ~12.5M shares from 9.92M shares and, Occidental Petroleum (NYSE:OXY) to 224M shares from ~212M, as it had previously disclosed.

The insurance giant had reduced its holdings in Chevron (NYSE:CVX) to 123M shares from 132M, General Motors to 22M shares from 40M, Globe Life (NYSE:GL) to ~2.52M shares from 6.35M, and Celanese (NYSE:CE) to ~5.36M shares from ~8.82M.

As already disclosed, Berkshire (BRK.B) cut its stake in Activision Blizzard (ATVI) to 14.7M shares at June 30, vs. 49.4M prior at March 31, 2023.

Its largest holding, Apple (AAPL), stayed unchanged at ~916M shares, according to the filing.