- Berkshire Hathaway became a net buyer of stocks in the second quarter, with its portfolio value rising from $263 billion to around $299 billion.
- Under CEO Greg Abel, the firm initiated a position in D.R. Horton, exited Constellation Brands, and substantially increased its stake in Alphabet by 83%.
- Berkshire also raised its holdings in Delta Air Lines, Lennar, New York Times, and Macy's, while trimming investments in Bank of America, Kroger, Ally Financial, and Capital One.