Buffett's September DiviDogs Tag 6 'Safer' Berkshire Watch Dogs

September 24, 2025 09:43:11 am

Source: SeekingAlpha

2025-09-24 09:43:11 ET

Foreword

Dan Burrows says in Kiplinger Investing :

"The Berkshire Hathaway portfolio is a diverse set of blue chips and, increasingly, lesser-known growth bets. Here's a look at every stock picked by Warren Buffett and his lieutenants.
The biggest splash Buffett made in a long while came in the form of buying beaten-down UnitedHealth Group ( UNH ) in Q2. Shares were hurt by rising Medicare costs, a Department of Justice investigation into its billing practices, and the murder of an executive.
Buffett stepped in by picking up a little more than 5 million UNH shares from April 1 to June 30. Berkshire's stake in the nation's largest health insurer was worth $1.6 billion at the end of Q2. UNH, with a weight of 0.6%, is now the 18th-largest position in the Berkshire Hathaway equity portfolio.
In a rare move into the materials sector, Berkshire initiated a stake in steelmaker Nucor ( NUE ). The conglomerate purchased 6.6 million shares in NUE with a market value of $857 million as of quarter's end. At 0.3% of the portfolio, NUE is Berkshire's 25th-largest position.
In other buys, Berkshire made new bets in the consumer discretionary sector, adding two homebuilders to its portfolio. The company initiated a position of 7 million shares in Lennar ( LEN ), worth $780 million as of June 30. With a 0.1% weighting, LEN is Berkshire's 26th-largest holding.
In addition, the holding company bought 28,358 more Class B shares of Lennar, a position that was initiated in the third quarter of 2023.
Buffett's team also bought 1.5 million shares in D.R. Horton ( DHI ). But the $191 million stake accounts for less than 0.1% of the portfolio, or Berkshire's 32nd-largest holding.
In other purchases, Berkshire initiated a small stake in outdoor advertising company Lamar Advertising ( LAMR ). With 1.2 million shares worth $142 million as of June 30, LAMR accounts for less than 0.1% of Berkshire's stock holdings.
Buffett's team also picked up 780,133 shares in Allegion ( ALLE ), which makes commercial and residential locks, among other security hardware. The stake, worth $112 million as of quarter's end, weighs in at less than 0.1% of Berkshire's equity portfolio.
Elsewhere, Berkshire boosted its stake in Chevron ( CVX ) by almost 3%, buying another 3.5 million shares in the integrated energy major. With 122.1 million shares worth $17.5 billion as of June 30, CVX accounts for nearly 7% of the portfolio, or its fifth-largest holding.
Separately, Berkshire increased its stake in beer, wine and spirit maker Constellation Brands ( STZ ) by nearly 12%. With a market value of $2.2 billion as of quarter's end, STZ is Berkshire's 17th-largest holding, accounting for 0.85% of its U.S. equity holdings.
The holding company also boosted other smaller positions, such as Domino's Pizza (DPZ), Pool Corp. ( POOL ) and Heico (HEI).
Buffett continued to pare back Berkshire's position in Apple ( AAPL ) in Q2, which, as recently as last year, accounted for roughly 40% of its U.S. holdings. The company sold 20 million shares over the course of the second quarter, but Buffett has hardly lost faith in the iPhone maker.
With 280 million shares worth more than $57 billion as of June 30, AAPL remains Berkshire's largest holding by far. However, it now has a weighting of a little more than 22% in the portfolio, down from almost 26% at the end of Q1.
Buffett once again sold Bank of America ( BAC ) stock last quarter, which has been a major holding since 2017. Berkshire reduced its stake in the nation's second-largest bank by assets by another 4.2% in Q2, selling more than 26 million shares.
In other sales, Berkshire continued to lighten up on Charter Communications ( CHTR ), as it did the previous three quarters. CHTR is now less than 0.2% of the portfolio value.
Other stocks Berkshire continued to ease up on included Formula One Group ( FWONK ) and DaVita ( DVA ).
Lastly, Berkshire exited what was left of its stake in T-Mobile US (TMUS). The 3.3 million TMUS shares once accounted for 0.4% of the portfolio, or its 22nd-largest holding."