Warren Buffett plowed more than $1 billion into three stocks, and it says a lot about where he sees consumers' priorities right now: Houses, beer, and gas | Fortune

"Berkshire Hathaway's 2025 investments suggest Warren Buffett and his successor Greg Abel are focusing on consumer-centered brands, despite broader economic uncertainties. The conglomerate has notably increased stakes in homebuilder Lennar, energy giant Chevron, and beverage company Constellation Brands, while reducing exposure to financial institutions. Buffett's moves highlight a preference for sectors tied to everyday consumption and long-term goals, such as housing, energy, and consumables."

"Throughout 2025, Berkshire's investments have focused on brands heavily exposed to the health and prospects of consumers. American shoppers have held up well since the end of the pandemic-to the surprise of some economists. Brian Moynihan, the CEO of Buffett's long-held asset Bank of America, said earlier this year that while consumers were beginning to worry about their cash reserves, they were continuing to spend nonetheless."

Berkshire Hathaway increased stakes in consumer-centered brands across housing, energy, and consumables while reducing exposure to financial institutions. The firm built a nearly 265% larger position in Lennar, now about 7 million shares worth over $886 million and representing just over 3% of the portfolio after a 28% year decline in Lennar’s share price. The company also boosted holdings in Chevron and Constellation Brands. U.S. consumer spending has remained resilient since the pandemic, prompting investments tied to everyday consumption and long-term goals. Warren Buffett may retire as CEO at year-end, with Greg Abel positioned as successor overseeing these allocations.

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