OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway revealed $1.8 billion in new investments in steelmaker Nucor and homebuilders D.R. Horton and Lennar, a move disclosed in a Securities and Exchange Commission filing on Thursday, August 14, 2025. The investments, previously kept confidential, signal a strategic focus on real assets like housing and infrastructure amid economic uncertainty, according to Benzinga. The disclosure ended months of market speculation about Berkshire’s “mystery stocks.”
Berkshire acquired 6.6 million shares of Nucor, valued at $857 million, the largest of the trio. The stake in Lennar, a leading U.S. homebuilder, totaled 7.2 million shares worth nearly $800 million, while the D.R. Horton investment, at 1.5 million shares, was valued at $191.5 million. Shares of all three companies rallied in after-hours trading, with Nucor up 6% and Lennar and D.R. Horton each gaining about 3%, per Newsweek. “These moves reflect confidence in sectors tied to durable demand,” an analyst told Benzinga, noting Berkshire’s existing ownership of Clayton Homes, the nation’s largest manufactured homebuilder.
The investments may not have been directly chosen by Buffett, who typically handles deals exceeding $1 billion, suggesting involvement by portfolio managers Ted Weschler or Todd Combs. The housing sector bets align with a persistent U.S. housing shortage of 5.5 to 6.8 million homes, driving demand for new construction despite high interest rates, per AInvest. Nucor’s steel production ties into infrastructure growth, bolstered by recent industrial output data. Meanwhile, Berkshire trimmed holdings in Apple and Bank of America, reflecting a cautious approach to high-valuation stocks. As Buffett prepares to step down as CEO by year-end, these moves offer a glimpse into Berkshire’s evolving strategy under new leadership.
Source: Benzinga
