US homebuilder stocks climb after Berkshire Hathaway discloses investments

NVR

14/08/2023 21:57

** Shares of U.S. homebuilders Lennar  LEN.N , D.R. Horton
 DHI.N , KB Home  KBH.N  and NVR  NVR.N  up between 1% and 2.6%
    ** Berkshire Hathaway  BRKa.N  discloses new investments in
DHI, LEN and NVR
    ** Berkshire owns about 5.97 mln DR Horton shares worth
about $726.4 mln; 153,000 Lennar shares worth $17.2 mln, and
11,112 NVR shares worth $70.6 mln
    ** Monday's filing, however, does not say which investments
are Warren Buffett's and which are from his portfolio managers
Todd Combs and Ted Weschler
    ** YTD, S&P Composite 1500 Homebuilding Sub Index
 .SPCOMHOME  up 49.69% 
    


 (Reporting by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))