Berkshire said it owned 5.04 million UnitedHealth shares worth about $1.57 billion as of June 30.
UnitedHealth shares soared 8.5% in after-hours trading.
Berkshire also boosted its bet on home builders, revealing a new stake in DR Horton and significantly larger stake in Lennar.
It is not clear whether Buffett, his portfolio managers Todd Combs and Ted Weschler, or future Chief Executive Greg Abel are behind individual purchases and sales.
DR Horton, Lennar, Allegion, Lamar and Nucor also rose in after-hours trading.
Shares of UnitedHealth, part of the Dow Jones industrial average, had through Thursday fallen 46% this year amid rising costs, a U.S. Department of Justice
related to its billing practices, a cyberattack, and the shooting death of former top executive Brian Thompson last December.
Their joint venture, Haven,
after three years in 2021.
The Apple sales, Berkshire's first since the third quarter of 2024, further reduced what was once a 905 million share stake, but do not signal a full-blown retreat from the stock.
Despite the new purchases, Berkshire sold $3 billion more stocks than it bought between April and June, the 11th straight quarter it was a net seller of stocks. It ended June with $344.1 billion of cash and equivalents.
Berkshire also revealed it had been buying DR Horton, Lennar and Nucor stock before April, but the SEC let it keep the purchases confidential so investors would not try to piggyback.
Buffett turns 95 on August 30. He is expected to remain Berkshire's chairman after Abel, 63, becomes chief executive on January 1, 2026. - Reuters
Hence then, the article about berkshire invests in unitedhealth trims apple stake was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Berkshire invests in UnitedHealth, trims Apple stake )
Also on site :