Catenaa, Friday, August 15, 2025- Warren Buffett’s Berkshire Hathaway bought 5 million shares of UnitedHealth Group worth $1.57 billion as the Medicare provider looks to come out of its difficulties.
The filing doesn’t make clear who at Berkshire handled the investment. Besides Buffett, Ted Weschler and Todd Combs also pick stocks, but they generally handle smaller portfolios, and Combs also serves as Geico’s CEO.
Buffett plans to retire as CEO at the end of the year after six decades of building Berkshire Hathaway. Many investors comb through Berkshire’s filings every quarter because they like to follow Buffett’s moves.
Besides stocks, Berkshire owns dozens of companies in a variety of industries, including Geico insurance, BNSF railroad, several major utilities and an assortment of manufacturing and retail companies. The Omaha, Nebraska-based company’s holdings include many well-known brands like See’s Candy and Dairy Queen.
Shares of UnitedHealth Group rose by over 9% on Friday following the report. The stock is down by over 41% so far in the year.
UnitedHealth has been dealing with a series of difficulties. Last month, the company said that it was cooperating with federal criminal and civil investigations involving its market-leading Medicare business.
The health care giant said at the time that it had contacted the Department of Justice after reviewing media reports about investigations into certain elements of its business.
Earlier this year, The Wall Street Journal said federal officials had launched a civil fraud investigation into how the company records diagnoses that lead to extra payments for its Medicare Advantage, or MA, plans.
Those are privately run versions of the government’s Medicare coverage program, mostly for people ages 65 and over.
The company’s UnitedHealthcare business covers more than 8 million people as the nation’s largest provider of Medicare Advantage plans. The business has been under pressure in recent quarters due to rising care use and rate cuts.
