Warren Buffett's Berkshire Hathaway Inc. took new stakes in home builders and bulked up on Capital One Financial Corp. in the second quarter.
Warren Buffett’s Berkshire Hathaway Inc. took new stakes in home builders, bulked up on Capital One Financial Corp. and backed away from Activision Blizzard Inc. in the second quarter, according to quarterly disclosures filed on Monday.
The firm took new stakes in home builders D.R. Horton Inc. DHI — with nearly 6 million shares, or some $726 million worth — and snapped up 152,572 shares of Lennar Corp. LEN. It also bought 11,112 shares of NVR Inc. NVR. Shares... Warren Buffett’s Berkshire Hathaway Inc. took new stakes in home builders, bulked up on Capital One Financial Corp. and backed away from Activision Blizzard Inc. in the second quarter, according to quarterly disclosures filed on Monday.
The firm took new stakes in home builders D.R. Horton Inc. DHI — with nearly 6 million shares, or some $726 million worth — and snapped up 152,572 shares of Lennar Corp. LEN . It also bought 11,112 shares of NVR Inc. NVR .Buffett also fattened his stake in Capital One COF by around 26%. Shares of Capital One crept 0.6% higher after hours.
However, he slashed his stake in Activision Blizzard ATVI by some 70% and offloaded a big chunk of General Motors Co. GM as well. Berkshire also trimmed its stake in oil major Chevron Corp. CVX .Berkshire also dumped its stake in drug distributor McKesson Corp. MCK .
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