Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has resumed selling its major holdings in Apple and reduced its stake in Bank of America while making significant investments in UnitedHealth and revealing new positions in Nucor and two real estate stocks [1][7][10][13]. Group 1: Changes in Holdings - Berkshire sold 20 million shares of Apple, reducing its stake by 6.67%, with the market value decreasing by $4.1 billion, bringing the total shares held to approximately 280 million [7][9]. - The stake in Bank of America was reduced by about 26.3 million shares, a decrease of 4.71%, with a market value drop of $1.24 billion, while the holding percentage slightly increased to 11.12% [10][11]. - Berkshire completely exited its position in T-Mobile, selling 3.88 million shares [12]. Group 2: New Investments - Berkshire made a significant investment in UnitedHealth, acquiring approximately 5.04 million shares valued at about $1.57 billion, making it the 18th largest holding [13][14]. - The company also initiated positions in Nucor, purchasing 6.61 million shares valued at approximately $857 million, and in Lennar, acquiring about 7.05 million shares valued at around $780 million [2][3][4]. - Additionally, Berkshire bought over 1.48 million shares of D.R. Horton, valued at approximately $191 million [5]. Group 3: Portfolio Overview - Among the top ten holdings, Chevron was the only stock that saw an increase, with Berkshire adding 3.45 million shares, although its holding percentage decreased to 6.79% due to a drop in stock price [17]. - The top ten holdings remained largely unchanged, with Apple, American Express, and Bank of America being the top three [18][22].

Core Insights - Berkshire Hathaway, led by Warren Buffett, reported its Q2 holdings as of June 30, revealing new positions in six stocks, including over 5 million shares of UnitedHealth (UNH.N) and over 6.6 million shares of Nucor Steel (NUE.N) [2] - The company reduced its stake in Apple (AAPL.O) by 20 million shares and in Bank of America (BAC.N) by 26.31 million shares [2] - Berkshire increased its position in Chevron (CVX.N) by over 3.45 million shares and completely exited its investment in T-Mobile US (TMUS.O) [2]

Group 1 - Berkshire Hathaway has re-entered the healthcare insurance sector by purchasing 5.04 million shares of UnitedHealth Group, valued at approximately $1.57 billion as of June 30, marking its first investment in this sector since exiting in 2010 [1] - UnitedHealth's stock price rose over 10% in after-hours trading following the news, despite a nearly 50% decline in its stock price year-to-date due to rising medical costs, a U.S. Department of Justice investigation, a cyberattack last year, and the death of former executive Brian Thompson [1] - Berkshire also sold 20 million shares of Apple, reducing its holdings to 280 million shares, while Apple remains the largest single stock in Berkshire's portfolio [1] Group 2 - Berkshire Hathaway has established new positions in residential builder DR Horton and significantly increased its stake in Lennar, along with new investments in Allegion, Lamar Advertising, and Nucor, all of which saw varying degrees of stock price increases in after-hours trading [2] - The company sold approximately $3 billion more in stocks than it bought during the April to June period, marking the 11th consecutive quarter of net selling in U.S. stocks, with cash and equivalents totaling $344.1 billion as of June 30 [2] - It remains unclear who led these transactions, whether it was Warren Buffett, investment managers Todd Combs and Ted Weschler, or successor candidate Greg Abel, but the market generally views Berkshire's purchases as endorsements of the respective companies [2]

Core Insights - Berkshire Hathaway, led by Warren Buffett, has resumed selling its largest holding, Apple, and has further reduced its stake in Bank of America while making significant investments in UnitedHealth and revealing new positions in Nucor and two real estate stocks [1][8][12]. Investment Actions - In Q2, Berkshire purchased approximately 5.04 million shares of UnitedHealth, with a market value of about $1.57 billion, making it the 18th largest holding [2][15]. - The "mystery" holding Nucor Steel was revealed, with Berkshire acquiring 6.61 million shares valued at over $857 million, ranking as the 25th largest holding [3][5]. - Berkshire also bought around 7.05 million shares of Lennar, valued at approximately $780 million, and over 1.48 million shares of D.R. Horton, valued at about $191 million [6][7]. Reductions in Holdings - Berkshire reduced its Apple holdings by 20 million shares, a decrease of 6.67%, bringing its total to approximately 280 million shares, with a market value reduction of $4.1 billion [8][10]. - The stake in Bank of America was cut by about 26.31 million shares, a 4.71% decrease, with a market value reduction of $1.24 billion [11][12]. - Berkshire completely exited its position in T-Mobile, selling 3.88 million shares [13]. Portfolio Composition - By the end of Q2, Apple's holding represented 22.31% of Berkshire's portfolio, while Bank of America accounted for 11.12% [10][11]. - Chevron was the only stock among the top ten holdings to see an increase, with Berkshire adding 3.45 million shares, although its percentage of the portfolio decreased from 7.69% to 6.79% due to a decline in stock price [19]. Market Reactions - Following the disclosure of Berkshire's investment in UnitedHealth, the stock price surged over 9% in after-hours trading [16].

大型科技股多数上涨，英特尔大涨超7%。 消息面上，特朗普政府讨论对英特尔实施国家持股，希望借机帮助英特尔在美国扩大生产。对于削减开 支、实施裁员的英特尔公司而言，这笔潜在交易有望发挥"及时雨"的作用，意味着CEO陈立武将继续掌 舵英特尔。 热门中概股多数回调，纳斯达克中国金龙指数收跌超2%。理想汽车、虎牙跌超4%。 联合健康集团（UNH）美股盘后涨幅扩大至10%。最新报告显示，巴菲特旗下伯克希尔哈撒韦开始建仓 买入该股。 当地时间8月14日，美股三大指数收盘涨跌不一，标普500指数涨0.03%，纳指跌0.01%，道指跌0.02%。 其中，标普500指数连续三个交易日续创历史收盘新高。 （文章来源：证券时报） 另外，报告还显示，伯克希尔哈撒韦二季度减持苹果、美国银行、DaVita、特许通讯，清仓了电信运营 商T-Mobile。 除联合健康集团外，伯克希尔哈撒韦还新进（建仓做多）了纽柯钢铁、地产股Lennar A类股和霍顿房屋 （DHI）、户外广告公司Lamar Advertising Company；增持了Pool、Heico、Lennar B类股、达美乐披 萨、饮料公司Constellation Brands ...

Group 1 - Berkshire reduced its holdings in Apple by 20 million shares in the second quarter, yet Apple remains its largest position [1] - Berkshire also sold over 26 million shares of Bank of America [1] - The company completely exited its position in T-Mobile during the second quarter [1] Group 2 - Berkshire initiated a new position in health insurance giant UnitedHealth, purchasing approximately 5.04 million shares with a market value of nearly $1.6 billion [1] - Additionally, Berkshire entered positions in the largest steel producer Nucor, valued at over $800 million, and homebuilder Lennar, valued at nearly $800 million [1] Group 3 - Among the top ten holdings, Chevron was the only stock that Berkshire increased, adding 3.45 million shares [1]

Core Viewpoint - Berkshire Hathaway disclosed its Q2 holdings report, revealing a reduction in Apple and Bank of America shares, while introducing new positions in healthcare, steel, and real estate sectors [1][4][6]. Group 1: New Positions - Berkshire initiated new positions in six stocks: UnitedHealth (UNH), Nucor Steel (NUE), Lennar (LEN), D.R. Horton (DHI), Lamar Advertising (LAMR), and Allege (ALLE) [1][6]. - The total market value of these new positions at the end of Q2 was approximately $3.65 billion [6][8]. - Specific share purchases included over 5 million shares of UnitedHealth valued at about $1.57 billion, over 6.6 million shares of Nucor Steel valued at approximately $860 million, and over 7 million shares of Lennar valued at around $780 million [6][8]. Group 2: Reductions in Holdings - In Q2, Berkshire reduced its stake in Apple by 20 million shares, a decrease of approximately 6.67%, while still maintaining it as the largest holding [11][12]. - The company also sold over 26 million shares of Bank of America, representing a reduction of about 4.17% [11][12]. - Other notable reductions included selling shares in Charter Communications and completely exiting T-Mobile US [11][14]. Group 3: Market Reaction - Following the announcement of new positions, stocks like UnitedHealth and Nucor Steel saw significant after-hours gains, with increases exceeding 8% [2].

Core Viewpoint - Berkshire Hathaway has re-entered the healthcare insurance sector by purchasing 5.04 million shares of UnitedHealth Group, valued at approximately $1.57 billion as of June 30, marking its first investment in this sector since exiting in 2010 [3][4]. Group 1: Berkshire Hathaway's Investment Activities - In Q2, Berkshire Hathaway significantly increased its stake in residential builders DR Horton and Lennar, while also initiating positions in safety product supplier Allegion, outdoor advertising company Lamar Advertising, and steel manufacturer Nucor, all of which saw varying degrees of stock price increases in after-hours trading [4]. - Berkshire Hathaway sold approximately $3 billion more in stocks than it bought during the April to June period, marking the 11th consecutive quarter of net selling in U.S. stocks. As of June 30, the company held $344.1 billion in cash and equivalents [5]. Group 2: Market Reactions and Historical Context - Following the announcement of Berkshire's investment in UnitedHealth, the stock price surged over 10% in after-hours trading. UnitedHealth's stock had previously declined nearly 50% this year due to rising medical costs, a U.S. Department of Justice investigation, a cyberattack last year, and the tragic death of former executive Brian Thompson [3]. - Warren Buffett had previously held UnitedHealth shares from 2006 to 2009, peaking at about 1.18 million shares, but exited due to broader pressures on the healthcare insurance sector at that time [3].

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, made significant changes in its Q2 13F filing, notably acquiring shares in UnitedHealth, which was previously considered a rumor [1][5]. Group 1: Berkshire Hathaway's Holdings - As of the end of Q2, Berkshire's long positions in U.S. stocks reached a total value of $257.5 billion [2]. - The top holdings include Apple with 280 million shares valued at approximately $57.45 billion, American Express at $48.36 billion, and Bank of America at $28.64 billion [3]. - Berkshire reduced its holdings in Apple by 20 million shares and in Bank of America by 26.3 million shares during the quarter [4]. Group 2: UnitedHealth Acquisition - Berkshire acquired 5.039 million shares of UnitedHealth, valued at $1.572 billion, marking a significant entry into the healthcare sector [5]. - Following the announcement, UnitedHealth's stock price surged over 8% in after-hours trading [5]. - The company has faced challenges, including a recent profit forecast downgrade and ongoing investigations into its billing practices [5]. Group 3: Other Investment Activities - In addition to UnitedHealth, Berkshire opened positions in Nucor, Lamar Advertising, and Allegion, while also repurchasing shares in Lennar and DR Horton [9]. - The firm increased its stakes in Chevron, Constellation Brands, and Domino's Pizza, while reducing its holdings in Charter Communications and F1 Group [11]. - Berkshire completely exited its position in T-Mobile US during this quarter [11].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against UnitedHealth Group Incorporated due to a class action complaint alleging breaches of fiduciary duties by the board of directors during the specified class period [1][4]. Company Overview - UnitedHealth is a leading American multinational health insurance and services company, consisting of two main segments: Optum and UnitedHealthcare. UnitedHealthcare is the largest insurance provider in the U.S., while Optum offers healthcare-related services such as software solutions and data analytics [2]. Acquisition and Legal Challenges - On January 6, 2021, UnitedHealth announced its agreement to acquire Change Healthcare, a healthcare technology company, to enhance its Optum business. The U.S. Department of Justice filed a lawsuit on February 24, 2022, challenging this acquisition on antitrust grounds, but the court ultimately allowed the deal to proceed, citing UnitedHealth's firewall policy [3]. Allegations of Misrepresentation - The class action complaint claims that UnitedHealth misled investors by assuring them of robust firewall processes to prevent the sharing of sensitive customer information between UnitedHealthcare and Optum. These misrepresentations allegedly led to inflated stock prices during the class period [4]. Impact of DOJ Investigation - The truth regarding the potential anti-competitive behavior emerged on February 27, 2024, when it was reported that the DOJ had reopened its investigation into UnitedHealth. Following this news, UnitedHealth's stock price fell by $27 per share, resulting in a loss of nearly $25 billion in shareholder value [5].