Warren Buffett may have pared back some of his biggest holdings recently, but the real story is what he's been buying. In the second quarter of 2025, Buffett and his team quietly scooped up six brand-new positions worth about $4 billion, a clear signal of where the Oracle of Omaha sees value today.
Six strategic positions totaling $4 billion reveal where the Oracle of Omaha sees exceptional value in today's market
| Company | Shares Purchased | Market Value | Why It Matters |
|---|---|---|---|
|
UnitedHealth Group
NYSE: UNH
|
5,039,564 |
$1.57B
Aug 2025
|
The largest U.S. health insurer, down nearly 50% this year on rising costs and regulatory pressure. Buffett sees opportunity where the market sees trouble. |
|
Nucor
NYSE: NUE
|
6,614,112 |
$857M
Aug 2025
|
America's largest steel producer. Cyclical industry, but Buffett has long favored industrials when they trade cheap. |
|
Lennar
NYSE: LEN
|
7,048,993 |
$780M
Aug 2025
|
A top homebuilder. Even with high mortgage rates, Lennar's strong balance sheet makes it a contrarian play. |
|
D.R. Horton
NYSE: DHI
|
1,485,350 |
$191M
Aug 2025
|
Another homebuilding leader, added alongside Lennar, signaling a broader bet on housing recovery. |
|
Lamar Advertising
NASDAQ: LAMR
|
1,169,507 |
$142M
Aug 2025
|
A major player in outdoor advertising, generating steady cash flow from billboards and signage. |
|
Allegion
NYSE: ALLE
|
780,133 |
$112M
Aug 2025
|
A security products company focused on locks, access systems, and smart-home security. Small, steady, and profitable. |
NYSE: UNH
The largest U.S. health insurer, down nearly 50% this year on rising costs and regulatory pressure. Buffett sees opportunity where the market sees trouble.
NYSE: NUE
America's largest steel producer. Cyclical industry, but Buffett has long favored industrials when they trade cheap.
NYSE: LEN
A top homebuilder. Even with high mortgage rates, Lennar's strong balance sheet makes it a contrarian play.
NYSE: DHI
Another homebuilding leader, added alongside Lennar, signaling a broader bet on housing recovery.
NASDAQ: LAMR
A major player in outdoor advertising, generating steady cash flow from billboards and signage.
A security products company focused on locks, access systems, and smart-home security. Small, steady, and profitable.
Together, these new bets tell us Buffett is willing to lean into beaten-down sectors like healthcare and housing while picking up high-cash-flow businesses in cyclical industries.
Four key investment themes emerge from Buffett's latest portfolio moves
UnitedHealth has been , but Buffett has a history of buying great businesses under temporary stress. The market sees regulatory pressure and rising costs—Buffett sees a dominant player in an essential industry trading at a discount.
Lennar and D.R. Horton suggest Buffett is positioning for when mortgage rates eventually ease. These aren't speculative bets—they're investments in well-managed companies with strong balance sheets that can weather the current storm and thrive in recovery.
Steel and advertising are both tied to economic cycles, but these companies generate strong cash flow and carry manageable debt. Buffett is betting on the cyclical upswing while getting quality assets at recession-level prices.
Allegion fits Buffett's mold of buying "boring but essential" businesses with reliable earnings. Security systems and locks aren't sexy, but they're necessary—and that predictability is exactly what Buffett values in uncertain times.
Quality companies facing temporary headwinds
Strong cash generation with manageable debt
Positioning for recovery, not quick gains
Buffett sold down parts of Apple and Bank of America, and completely exited . But the more important signal is that he's redeploying that cash into new opportunities he sees as undervalued.
What this means for investors
Buffett's latest moves show that even with markets near highs, there are still pockets of value if you know where to look. Healthcare, homebuilders, and industrials are areas he's betting on now.
For investors: Don't chase the hottest tech names, look for quality companies the market is overlooking.
Beaten-down healthcare giants with defensive characteristics
Quality builders positioned for housing recovery
Cyclical companies at attractive valuations