Buffett Increases Holdings in Multiple Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 21 2026
0mins
Source: NASDAQ.COM
- Portfolio Adjustment: Buffett initiated a new position and added to four existing stocks in Berkshire Hathaway's portfolio, indicating his recognition of value in these companies, particularly his ongoing interest in Domino's Pizza.
- Cash Flow Dynamics: In the last quarter, Berkshire Hathaway's equity purchases totaled $3.5 billion, while sales increased to $6.6 billion; although the purchase amount represents less than 0.5% of its $373 billion in liquid assets, it reflects an ability to seize market opportunities.
- Domino's Pizza Performance: Buffett has rapidly increased his stake in Domino's Pizza over the past six quarters, now holding nearly 10%, as the company leverages its strong brand and technology to capture market share, recently posting a 3.7% same-store sales growth in the U.S.
- Emerging Investment: Buffett's new investment in The New York Times showcases its successful digital transformation, and despite its stock trading at nearly 30 times earnings expectations, the growing subscriber base and revenue per subscriber highlight its potential for growth in the traditional media landscape.
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Analyst Views on DPZ
Wall Street analysts forecast DPZ stock price to rise
15 Analyst Rating
6 Buy
8 Hold
1 Sell
Moderate Buy
Current: 320.510
Low
370.00
Averages
464.83
High
556.00
Current: 320.510
Low
370.00
Averages
464.83
High
556.00
About DPZ
Domino’s Pizza, Inc. is a pizza company with a significant business in both delivery and carryout. The Company operates through three segments: U.S. stores, international franchise, and supply chain. The U.S. stores segment is comprised primarily of its franchise operations, which consists of franchised stores located in the United States. The segment also operates a network of United States Company-owned stores. The international franchise segment primarily includes operations related to the Company’s franchising business in foreign markets. The supply chain segment primarily includes the distribution of food, equipment and supplies to stores from the Company’s supply chain center operations in the United States and Canada. It is primarily a franchisor, with approximately 99% of its global stores owned and operated by its independent franchisees. In its international markets, the Company generally grants geographical rights to the Domino’s Pizza brand to master franchisees.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Promotion Enhancement: Domino's 'Best Deal Ever' now includes Parmesan Stuffed Crust, allowing customers to purchase any pizza for $9.99 from June 15 to July 26, significantly enhancing customer choice and perceived value.
- First In-App Game: Domino's has launched an in-app game called 'Soccer Shootout', designed exclusively for Domino's Rewards members, where customers can test their aim by launching toppings to earn bonus loyalty points and discounts on future orders.
- Strengthened Market Positioning: By incorporating premium crust options into its promotions, Domino's not only attracts soccer fans but also enhances its appeal in the competitive fast-food market, further solidifying its market leadership.
- Digital Sales Advantage: With over 85% of U.S. retail sales generated through digital channels in 2025, Domino's demonstrates success in digital transformation, and will continue to leverage innovative ordering platforms to enhance customer experience.
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- Transaction Overview: Yum Brands announced the sale of Pizza Hut to private equity firm LongRange Capital for approximately $1.5 billion, excluding mainland China locations, which will be acquired separately by Yum China for about $1.2 billion, with the overall deal expected to yield around $2.3 billion in net proceeds, highlighting the company's focus on asset restructuring.
- Competitive Market Pressure: Pizza Hut faces ongoing market share erosion from rival Domino's Pizza in the U.S., while third-party delivery platforms like DoorDash have further diminished its sales, reflecting the company's struggle to adapt to market demands during its transition, negatively impacting overall financial performance.
- Strategic Restructuring Decision: Yum's management determined that selling Pizza Hut represents the strongest path to maximize shareholder value, aiming to provide the brand with an ownership structure better aligned with its market characteristics and long-term priorities, indicating a strategic shift in response to competitive pressures.
- Historical Context and Future Outlook: Founded in 1958, Pizza Hut was once the largest pizza chain globally but lost that title in 2017; with the completion of this sale, it will sever its long-standing ties with Yum's other brands like Taco Bell and KFC, allowing it to focus on new market strategies moving forward.
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- Sale Announcement: Yum Brands has announced the sale of Pizza Hut to private equity firm LongRange Capital, marking the end of years of struggles for the brand that have negatively impacted Yum's overall financial performance.
- Market Competition: In the U.S., Pizza Hut has shifted from traditional dine-in formats to focus on delivery and carryout, yet it has been losing market share to rival Domino's Pizza, highlighting its lag in adapting to industry changes.
- Historical Context: Founded in 1958 in Wichita, Kansas, Pizza Hut went public in 1969 and became the largest pizza chain by 1971, but it lost that title to Domino's in 2017, reflecting significant market challenges for the brand.
- Brand Relationship Break: This deal severs Pizza Hut's long-standing ties with Yum's other brands like Taco Bell and KFC, indicating a shift towards an independent operational structure that may influence its future strategic direction.
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- New Offer Launch: Domino's Pizza has added Parmesan Stuffed Crust to its 'Best Deal Ever,' allowing customers to purchase any pizza for $9.99, enhancing customer choice and perceived value.
- Promotion Duration: This offer will run until July 26, aiming to attract more customers during major soccer events, thereby boosting sales and increasing brand visibility.
- Market Competitiveness: By offering premium crusts at no extra charge, Domino's enhances its appeal in the highly competitive fast-food market, potentially attracting more quality-conscious consumers.
- Interactive Gaming Experience: The simultaneous launch of the 'Soccer Shootout' game provides an interactive experience for customers, likely increasing engagement and brand loyalty, which could drive future sales growth.
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- Promotion Enhancement: Domino's Pizza has launched the 'Best Deal Ever' promotion, allowing customers to enjoy any pizza, including the newly added Parmesan crust, for just $9.99, enhancing product value and attracting more customers during major soccer events.
- New Game Launch: Alongside the promotion, Domino's has introduced its first game, 'Soccer Shootout', in its app, which not only enriches user experience but may also attract younger consumers, thereby enhancing brand loyalty.
- Market Competitive Edge: This promotion is strategically timed with upcoming major soccer events, aiming to leverage the excitement around these games to boost sales and further solidify Domino's competitive position in the fast-food market.
- Time-Limited Strategy: The promotion is valid until July 26, and this short-term pricing strategy is designed to stimulate consumption, increase customer traffic, and create a sense of urgency for the brand to drive sales.
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- Market Growth Potential: According to Bank of America, the U.S. pizza market is projected to reach $43.4 billion in total sales by 2025, reflecting a 3.1% increase from the previous year, indicating robust growth potential that attracts investor interest.
- Domino's Competitive Edge: Since 2021, Domino's has steadily increased its share of delivery and carryout sales, achieving systemwide sales growth despite challenges faced by many restaurant brands, demonstrating its strong appeal in the pizza market.
- Casey's Successful Strategy: Casey's has enhanced its foodservice sales through value-focused offerings and customer loyalty initiatives, with pizza contributing approximately half of its foodservice sales, making it a core aspect of its business, particularly in smaller markets.
- Stabilizing Competitive Environment: As the growth of third-party delivery platforms normalizes, traditional pizza chains like Domino's and Casey's have regained their footing in the market, and both are expected to benefit from increasing pizza demand and stabilizing competitive conditions.
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