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Warren Buffett bet on home builders and retreated from videogames during the second quarter

Warren Buffett’s Berkshire Hathaway Inc. BRK.A BRK.B took new stakes in home builders, bulked up on Capital One Financial Corp. and backed away from Activision Blizzard Inc. in the second quarter, according to quarterly disclosures filed on Monday.

The firm took new stakes in home builders D.R. Horton Inc. DHI — with nearly 6 million shares, or some $726 million worth — and snapped up 152,572 shares of Lennar Corp. LEN. It also bought 11,112 shares of NVR Inc. NVR.

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