Warren Buffett’s Berkshire Hathaway on Friday disclosed a brand new funding in alcoholic drinks producer Constellation Manufacturers, and stated it has lowered its holdings in Citigroup and Financial institution of America.
In a regulatory submitting, Berkshire stated it ended 2024 with 5.62 million Constellation shares price $1.24 billion.
It lowered its Citigroup stake 74% to 14.6 million shares, and lowered its Financial institution of America stake, till lately its second-largest frequent inventory holding, 15% to 680.2 million shares.
Berkshire additionally seems to have stopped its retreat from Apple, ending the 12 months with 300 million shares, unchanged from September 30. It owned 790 million shares of the iPhone maker on the finish of 2023.
