Berkshire Hathaway increased its stakes in Macy's and Delta Air Lines in the second quarter, and initiated new positions in D.R. Horton and increased holdings in Lennar, among four other stocks.
Berkshire Hathaway doubled its stake in Macy's and increased its Delta Air Lines holdings by 44% in the second quarter. It also initiated a position in homebuilder D.R. Horton and significantly increased its stake in another homebuilder, Lennar. These investments are seen as contrarian bets, signaling confidence in the airline, retail, and housing markets. Additionally, Berkshire repurchased $4.5 billion of its own stock during the same period.
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