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Fortune
Fortune
Lance Lambert

Warren Buffett just made a big bet on the U.S. housing market

Warren Buffett United States Berkshire Hathaway DR Horton Lennar NVR Housing Market Fortune
(Credit: Getty Images)

On Monday, Berkshire Hathaway disclosed to the U.S. Securities and Exchange Commission that it had made investments in three major U.S. homebuilders: D.R. Horton (No. 120 on the Fortune 500) , Lennar (No. 119 on the Fortune 500), and NVR (No. 376 on the Fortune 500).

In total, Berkshire Hathaway bought 5,969,714 shares of D.R. Horton, 152,572 shares of Lennar, and 11,112 shares of NVR. Those shares are worth over $800 million—with more than $700 million of it being in D.R. Horton.

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