๐ข Dataroma: Berkshire's Abel Reverses Course โ $19.8B Buying Spree Bets on Alphabet and Housing
Berkshire Hathaway's Q2 13F shows CEO Greg Abel net-deployed $19.8B into equities โ the largest buying spree in 3.5 years, ending a 14-quarter selling streak.
โข Alphabet jumped to a top-3 holding (+45%, $37.8B combined stake) alongside new bets on D.R. Horton, Lennar and Macy's, while Capital One was cut 58%.
โข The AI-plus-housing barbell echoes Schroders' call to rotate beyond flat mega-cap tech into value/cyclicals, and the consumer-credit pullback tracks PIMCO's warning on a building credit-loss cycle.
๐ก Why it matters: Berkshire's pivot from cash to a barbell of AI infrastructure and housing/value names, paired with reduced consumer-credit exposure, may point to institutional conviction in selective AI plays and a housing rebound even as credit-quality concerns build elsewhere; not investment advice.
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