Buffett expands Berkshire bets on UnitedHealth and more

Berkshire Hathaway increases its UnitedHealth stake and adds positions in D R Horton, Lamar Advertising, and Nucor while trimming other holdings.

Buffett Expands Berkshire Bets on UnitedHealth and More

A regulator filing shows Berkshire Hathaway owns 5 million UnitedHealth Group shares, valued at about 1.6 billion dollars at the end of the second quarter. Berkshire also increased positions in D R Horton, Lamar Advertising, and Nucor, and it sold T-Mobile US. Berkshire has been buying UnitedHealth stock since the fourth quarter after asking regulators to allow private purchases to avoid a price jump.

Before today, UnitedHealth shares were down sharply in 2025, with the stock at levels not seen since the COVID era. The moves come as Berkshire trimmed stakes in Apple and Bank of America and as UnitedHealth shares rose about 10 percent at the opening bell, signaling a positive market reaction to Berkshire's adjusted portfolio.

Buffett remains patient as he shifts capital across sectors. The mix shows a preference for durable cash generators and businesses with wide moats, rather than chasing quick wins. This is less about betting on one bet and more about a long term confidence in steady cash flow from diverse industries.

Highlights

Buffett keeps his bets steady to weather short term noise.