Warren Buffett’s company reveals new investments in Nucor, UnitedHealth and two big homebuilders
Omaha, Neb. (AP) – Berkshire Hathaway has made four new investments in Steelmaker Nucor, Insurer Unitedhealth and two largest home builders in the country – Lennar and Dr Horton, but it is not clear whether the investments are large enough to make legendary investors. Warren Buffett He handled them.
Buffett, who’s planning Retired as CEO At the end of the year to build Berkshire, at the end of the year, it receives all the biggest investments of the holding or more. Three of the new investments announced in an application made to the Securities and Stock Exchange Commission on Thursday are less than that, so one of Berkshire’s other two investment managers may have ideas.
However, Berkshire’s new Unitedhealth shares, which was announced on Thursday, was worth $ 1.57 billion, so Buffett could be large enough to be handcrafted. Berkshire received permission from the SEC to keep the other three investments secret in this year while building these bets, but apparently acquired about 5 million Unitedhealth shares in the second quarter. This stock increased by 8% in after -sales trade.
Berkshire’s applications offer an image of a portfolio of $ 258 billion at the end of the second quarter. Many investors apply to Berkshire in every quarter because they like to follow Buffett’s moves. The S&P 500 has been inspired by its follower legions for decimal years.
The filing does not clearly indicate who has every investment in Berkshire. In addition to Buffett, TED Weschler and Todd Combs choose stocks, but they usually manage smaller portfolios, and combs serve as Geico’s CEO. However, Buffett has had difficulty in finding stocks or other investments in recent years that Berkshire has wanted to deposit a cash money of $ 344 billion in recent years.
Berkshire’s Nucor shares of 6.6 million shares was the largest new investment worth 857 million dollars at the end of the quarter. The shares of this company increased by more than 6% in post -extension transactions.
The Lennar investment was about $ 800 million. The DR Horton shares was much smaller worth $ 191.5 million. The stocks of these companies have also gained earnings in late trade
Buffett already knows a lot about home construction business because Berkshire has the country’s largest homemade Clayton Homes.
In addition to stocks, Berkshire has dozens of companies in various sectors, including Geico Insural, BNSF Railway, various large public services and production and retail companies. The Nebraska -based company includes many well -known brands such as Holdings Omaha, See’s Candy and Daki Queen.
