Berkshire invests in three homebuilders
14/08/2023 21:37
Aug 14 (Reuters) - Berkshire Hathaway BRKa.N on Monday
disclosed new investments in three homebuilders: DR Horton
DHI.N , Lennar LEN.N and NVR NVR.N .
The disclosures were made in a regulatory filing detailing
Berkshire's U.S.-listed stocks as of June 30.
Berkshire said it owned about 5.97 million DR Horton shares
worth about $726.4 million. It also disclosed holdings of about
153,000 Lennar shares worth $17.2 million, and 11,112 NVR shares
worth $70.6 million.
Monday's filing does not say which investments are Buffett's
and which are from his portfolio managers Todd Combs and Ted
Weschler, though larger investments are usually Buffett's.
Investors often try to piggyback on Berkshire's moves,
reflecting Buffett's reputation.
(Reporting by Jonathan Stempel in New York
Editing by Marguerita Choy)
((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters
Messaging: jon.stempel.thomsonreuters.com@reuters.net))