Buffett typically handles all the biggest investments in the $350 billion portfolio worth $1 billion or more. The three homebuilder stakes together are worth around $800 million.Buffett’s company made a number of other tweaks to its portfolio during the second quarter including reducing the size of its General Motors and Globe Life stakes while adding to its Capital One investment.
Berkshire almost halved its GM stake from 40 million shares to 22 million. And it reduced its Globe Life investment to 2.5 million shares from the previous quarter’s nearly 6.4 million.Buffett’s company also eliminated smaller investments in Marsh & McClennan, McKesson Corp. and Vitesse Energy.
In addition to its stock portfolio, Berkshire owns dozens of businesses outright including BNSF railroad, several major utilities and an assortment of insurance companies led by Geico. It also owns a number of manufacturing and retail firms such as Precision Castparts, See’s Candy and Helzberg Diamonds.Subscribe to our daily newsletter
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