Warren Buffett

Latest moves

Nov 11, 2026 edition

Warren BuffettEarningsFinanceBRK.A · BRK.BAI read · ▼ Abel opens the wallet

Berkshire profit falls as buybacks accelerate

The move

Berkshire Hathaway's third-quarter results, released Nov. 7, showed operating profit fell 6% from a year earlier to $12.71 billion and net income fell 28% to $22.11 billion, a figure that includes unrealized gains and losses on stocks it still holds; revenue rose 11% to $105.65 billion. Insurance profit fell 26% and underwriting profit fell 43%, with GEICO's pretax profit down 45% as its loss ratio rose to 76.6% from 71.5% a year earlier. BNSF Railway's profit rose 19% to $1.73 billion. Berkshire repurchased $9.6 billion of its own stock in the quarter, after $4.8 billion earlier in the year and about $2 billion more in October's first four weeks.

Why it matters

The buyback pace shows CEO Greg Abel, in his third quarter running the company since Warren Buffett stepped down as CEO at the end of 2025, is more willing than Buffett was to put Berkshire's cash to work.

The bear case

Rising GEICO claims and a weaker insurance quarter show some of Berkshire's biggest profit engines are under real cost pressure, not just a one-off dip.

What to watch

Nov. 16 — Berkshire's 13F filing, which will show whether it changed its Alphabet stake.

Source · GV WireRead original ↗Report an error

Nov 9, 2026 edition

Warren BuffettEarningsFinanceBRK.A · BRK.BAI read · ▼ Patient

Berkshire profit falls as cash hoard hits $377 billion

The move

Berkshire Hathaway's operating earnings fell 5.8% to $12.7 billion in the third quarter, as insurance underwriting profit at Geico dropped 43%. The company's cash pile rose to $377.4 billion, it bought back about $9.6 billion of its own stock, and it closed its roughly $6.8 billion all-cash acquisition of homebuilder Taylor Morrison.

Why it matters

Operating profit falling even as cash keeps piling up and buybacks double shows Buffett still struggling to find places to deploy Berkshire's reserves at prices he likes.

The bear case

A cash pile that keeps growing toward $380 billion, even after a multibillion-dollar acquisition, suggests Berkshire still sees few attractively priced opportunities.

What to watch

Berkshire's fourth-quarter and full-year results, typically released in late February, will show whether the cash pile keeps climbing.

Source · Insurance JournalRead original ↗Report an error

Nov 5, 2026 edition

Warren BuffettInvestmentFinanceSIRIAI read · ▲ Buffett adds to a favorite bet

Berkshire keeps buying SiriusXM stock

The move

Berkshire Hathaway bought 924,281 more shares of Sirius XM Holdings (SIRI) over three trading days — 743,965 on Oct. 30, 66,968 on Nov. 2 and 113,348 on Nov. 3 — at weighted-average prices from $28.89 to $30.23, an SEC Form 4 shows. The purchases bring Berkshire's stake to 125,731,398 shares, held through GEICO and Berkshire subsidiaries' pension plans.

Why it matters

Berkshire has been one of SiriusXM's largest and steadiest buyers since the Liberty Media tracking-stock split, and each purchase adds to an already large position.

The bear case

SiriusXM has lost subscribers in recent years, so a bigger stake also means bigger exposure if that trend continues.

What to watch

Berkshire's next Form 4 filings and its Q3 2026 earnings, expected this month.

Source · SEC Form 4 (Berkshire Hathaway / Warren E. Buffett)Read original ↗Report an error

Nov 5, 2026 edition

Warren BuffettDivestitureFinanceDVAAI read · ▼ A routine cap-driven sale

Berkshire trims its DaVita stake again

The move

Berkshire Hathaway sold 382,563 shares of DaVita (DVA) on Oct. 27 at a weighted-average price of $180.43, an SEC Form 4 shows, leaving it with 28,314,666 shares held through GEICO and Berkshire subsidiaries' pension plans.

Why it matters

Berkshire's long-standing agreement with DaVita caps its ownership percentage; when DaVita's own buybacks push Berkshire's stake above that ceiling, Berkshire has to sell shares back down.

The bear case

The sales are mechanical rather than a signal Berkshire has soured on the stock.

What to watch

Whether Berkshire's next Form 4 shows another trim as DaVita keeps buying back shares.

Source · SEC Form 4 (Berkshire Hathaway / Warren E. Buffett)Read original ↗Report an error

Nov 2, 2026 edition

Warren BuffettInsider tradeFinanceDVAAI read · ▼ Routine trim

Berkshire trims DaVita stake under buyback-cap deal

The move

A Berkshire Hathaway subsidiary and two of its pension plans sold 382,563 DaVita shares on Oct. 27 at $180.4305 each, worth about $69 million, according to a Form 4 signed by Warren Buffett and filed with the SEC on Oct. 29. The sale left Berkshire's reported indirect stake at 28,314,666 DaVita shares. Buffett, as Berkshire's controlling shareholder, disclaims beneficial ownership of the shares except to the extent of his pecuniary interest in them. Berkshire has sold DaVita shares in similar increments through the year under a long-standing agreement that caps its ownership stake as DaVita buys back its own stock.

Why it matters

It's a reminder that even a stake tied to Buffett can shrink automatically through a contractual mechanism rather than a change of view on the stock.

The bear case

Berkshire's DaVita stake remains large, and these sales are mechanical, required by the buyback-cap agreement rather than a signal Berkshire wants out.

What to watch

DaVita's next buyback disclosure and the resulting size of Berkshire's stake.

Source · SEC EDGAR (Form 4)Read original ↗Report an error

Oct 31, 2026 edition

Warren BuffettInsider tradeHealthDVAAI read · ▼ Routine trim

Berkshire trims its DaVita stake again

The move

Berkshire Hathaway sold 382,563 shares of DaVita on October 27 for about $69 million, an SEC Form 4 shows, trimming its stake to roughly 28.3 million shares.

Why it matters

The sale keeps Berkshire under a 45% ownership ceiling it has agreed to with DaVita, which must be maintained as DaVita buys back its own stock.

The bear case

Berkshire still owns about 45% of DaVita and has made similar mechanical sales in past quarters, so this isn't a sign of lost conviction in the stock.

What to watch

Berkshire's next quarterly Form 4 on DaVita, tied to the companies' ownership-cap agreement.

Source · SEC EDGAR (Form 4)Read original ↗Report an error

Oct 20, 2026 edition

Warren BuffettInvestmentFinanceBRK.A · BRK.BAI read · ▲ Buffett doubles down

Berkshire adds $330 million to Bending Spoons stake

The move

Berkshire Hathaway agreed on Oct. 14 to buy 10 million new Bending Spoons shares at $33 each, a $330 million private placement that raises its stake in the Italian software company to about 4%. It follows Berkshire's $600 million investment at Bending Spoons' July 2026 IPO. Bending Spoons said the new capital would support further acquisitions.

Why it matters

It shows Buffett still betting on Bending Spoons' acquisition-driven model just three months after its IPO.

The bear case

Berkshire is concentrating more money in a young, newly public company without the long track record Buffett typically demands before investing.

What to watch

Any new acquisition Bending Spoons announces with the fresh capital.

Source · Pulse2Read original ↗Report an error

Oct 19, 2026 edition

Warren BuffettInvestmentFinanceBRK.BAI read · ▲ Doubling down

Berkshire adds $330 million to its Bending Spoons stake

The move

Berkshire Hathaway agreed to buy 10 million new shares of Italian app maker Bending Spoons at $33 each, a $330 million private placement that raises its stake to about 4%. It follows Berkshire's $600 million investment at the company's July IPO. Bending Spoons shares jumped roughly 40% in early trading on the news. The company said the money adds financial flexibility for its acquisition strategy.

Why it matters

It shows Berkshire, now run day-to-day by Greg Abel, still backing an unconventional, fast-growing bet rather than only buying familiar blue chips.

The bear case

Bending Spoons is a small, single-company position built on a roll-up strategy of acquiring apps; a 40% one-day pop can also reverse quickly once the news cycle moves on.

What to watch

Whether Berkshire discloses any further increase in its Bending Spoons stake in a future 13F or filing.

Source · Capital.comRead original ↗Report an error

Oct 11, 2026 edition

Warren BuffettInvestmentReal estateBRK.B · LENAI read · ▲ Buying the dip

Berkshire raises Lennar stake past 12% despite short-seller report

The move

Berkshire Hathaway bought about 2.4 million Lennar Class A shares and 15,028 Class B shares, worth roughly $192.6 million, on October 1 and 2, lifting its stake to about 28.43 million Class A and 568,028 Class B shares, per an SEC filing reported October 6. Lennar shares fell sharply after short-seller Hunterbrook published a report on Lennar's dealings with its Millrose Properties spinoff, which it said bought more than 700 Lennar homes for an estimated $200 million-plus, 356 of them in the final week of Lennar's third quarter.

Why it matters

Berkshire kept buying into the stock even as a short-seller report and a weak housing market pressured the shares — a vote of confidence from the company's largest outside shareholder.

The bear case

Berkshire's purchases predate the Hunterbrook report; it's unclear whether Buffett's team would buy at the same pace now, and mortgage rates near 7.3% are still a drag on homebuilders.

What to watch

Lennar's next earnings report and any Berkshire 13F update on whether the buying continued through the Hunterbrook selloff.

Source · IBTimes UKRead original ↗Report an error

Oct 9, 2026 edition

Warren BuffettInvestmentFinanceBRK.A · LENAI read · ▲ Contrarian

Berkshire keeps buying Lennar as homebuilder slides

The move

Berkshire Hathaway disclosed it bought roughly 2.4 million more Lennar shares in a pair of October trades, pushing its stake in the homebuilder to about 11-12% even as a short-seller report pressured Lennar's stock.

Why it matters

Crossing the 10% ownership threshold means Berkshire must now disclose its Lennar trades promptly instead of waiting for a quarterly filing, giving a rare real-time window into one of its biggest recent bets.

The bear case

Lennar's own guidance points to a softer home-sales environment, and buying into a stock under short-seller pressure can take years to pay off.

What to watch

Whether Berkshire keeps adding to the stake or pauses after crossing the reporting threshold.

Source · CNBCRead original ↗Report an error

Oct 6, 2026 edition

Warren BuffettInvestmentFinanceBRK.A · LENAI read · ▲ Bullish

Berkshire adds to Lennar stake as homebuilder slumps

The move

Berkshire Hathaway bought 2,361,556 Class A and 15,028 Class B shares of homebuilder Lennar on Oct. 1-2 for about $192.6 million, paying between $77.12 and $81.90 per share. The purchase brings Berkshire's holding to over 28.4 million Class A shares and 568,028 Class B shares, pushing its stake past the 10% ownership threshold that triggers insider filings. Lennar shares were trading near $74.44, close to a 52-week low, after falling nearly 40% over the past year.

Why it matters

Buffett is adding to housing bets while the sector is out of favor, continuing Berkshire's build-out of a homebuilding presence that also includes its Taylor Morrison acquisition this summer.

The bear case

Homebuilders are cyclical and tied to mortgage rates; a bigger stake doesn't guarantee a quick turnaround if rates stay high.

What to watch

Whether Berkshire keeps adding to Lennar in its next quarterly filing.

Source · Investing.comRead original ↗Report an error

Sep 28, 2026 edition

Warren BuffettInvestmentReal estateBRK.A · LENAI read · ▲ Buying the dip

Berkshire nearly doubles its stake in homebuilder Lennar

The move

Berkshire Hathaway disclosed Sept. 26 that it now owns 25.9 million Lennar shares worth about $2.1 billion, up from 13.4 million shares as of June 30, after buying more than $348 million worth between Sept. 17 and Sept. 21.

Why it matters

Lennar's stock has slumped this year on a weak housing market, and Berkshire adding aggressively into that weakness is a classic bet that the market has overcorrected on homebuilders.

The bear case

At roughly $2.1 billion, the position is still small next to Berkshire's cash pile, and it's reportedly the work of portfolio manager Ted Weschler rather than Buffett himself.

What to watch

Whether Berkshire keeps adding to Lennar, and whether the homebuilder's results confirm a housing-market bottom.

Source · GuruFocusRead original ↗Report an error

Sep 27, 2026 edition

Warren BuffettInvestmentFinanceBRK.B · LENAI read · ▲ Contrarian buy

Berkshire nearly doubles its stake in homebuilder Lennar

The move

Berkshire Hathaway disclosed Friday that it now owns about 25.9 million Lennar shares, worth roughly $2.1 billion and equal to 10.9% of the homebuilder, after buying roughly $349 million more stock between Sept. 17 and Sept. 26. That's nearly double the 13.4 million shares Berkshire held as of June 30, and the purchase pushed Berkshire's stake past the 10% threshold that triggers mandatory SEC disclosure. Lennar shares were down 20.1% for the year and had fallen 9.2% for the week when Berkshire kept buying.

Why it matters

Berkshire is betting on a longer-term recovery in the struggling U.S. housing market, buying a homebuilder while its stock is beaten down rather than waiting for a turnaround to become obvious.

The bear case

Even after nearly doubling, the $2.1 billion Lennar position is still a small stake for a company Berkshire's size, and homebuilder stocks could stay weak if mortgage rates don't come down.

What to watch

Whether Berkshire keeps adding to the Lennar stake, and any change in its size in Berkshire's next quarterly 13F filing.

Source · GuruFocusRead original ↗Report an error

Sep 24, 2026 edition

Warren BuffettInvestmentReal estateBRK.A · LENAI read · ▲ Bullish · buying the dip

Berkshire builds a nearly 10% stake in homebuilder Lennar

The move

Berkshire Hathaway bought 2.67 million Lennar Class A shares and 75,021 Class B shares between Sept. 17 and Sept. 21, worth about $212.4 million, taking its total position to nearly 10% of Lennar and about $1.8 billion. The buying started a day after Lennar missed third-quarter earnings estimates.

Why it matters

It's Berkshire's second housing bet under CEO Greg Abel, after it agreed to buy homebuilder Taylor Morrison for about $6.8 billion in a deal that closed in July.

The bear case

Lennar's stock fell on the earnings miss that preceded Berkshire's buying, and homebuilders are still working through weak demand and high mortgage rates.

What to watch

Whether Berkshire keeps adding to the Lennar stake, and Lennar's next earnings report.

Source · CNBCRead original ↗Report an error

Recent SEC filings

Showing the 15 newest of 17 filings in the last 90 days.

Form 4 insider trades post within 2 business days. 13F fund holdings can arrive 45 days after quarter end. New to filings? Read Filings 101.

Footprint

Prices via Finnhub · as of Nov 11, 2026 12:23 PM ET. For information only.

What to watch