Warren Buffett's Berkshire Hathaway significantly reduced its holding in Nucor Corp. (NUE), the largest steel producer in the U.S., during the second quarter of 2026. According to a quarterly report filed with the SEC, the firm sold over 2 million shares, cutting its stake by more than half to approximately 1.86 million shares. The remaining position was valued at about $413.8 million as of the end of June.
Investors should note that this information comes from a delayed 13F filing, which discloses trades made between March 31 and June 30, 2026. The move continues a selling trend, as Berkshire also reduced its Nucor position in the first quarter of the year. This particular trade was part of a series of portfolio adjustments in a quarter where Berkshire also notably increased its investment in Alphabet.