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Warren Buffett's Berkshire Hathaway has exited its $1 billion stake in Citigroup and significantly increased its investment in Constellation Brands, now holding over 12 million shares. This shift comes as younger consumers trend away from traditional beer towards cannabis-infused beverages, despite Constellation's Modelo brand thriving amid recent market changes. Meanwhile, Buffett has heavily invested in short-dated U.S. Treasury debt, reflecting a cautious yet strategic approach in a high-interest rate environment.
Warren Buffett's Berkshire Hathaway has significantly increased its investment in Constellation Brands, the owner of Modelo and Corona, while completely divesting its $1 billion stake in Citigroup. The firm also reduced its holdings in Bank of America and Capital One Financial, reflecting a strategic shift towards the beverage sector despite declining interest in traditional alcoholic beer among younger consumers. Buffett's approach continues to focus on long-term value, capitalizing on perceived undervaluation in the market.
Meenakshi Subbaraman
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Warren Buffett shifts investments from Citigroup to Constellation Brands
Berkshire Hathaway Inc.
Bank of America Corporation
Constellation Brands Inc.
Capital One Financial Corporation
USA
Charlie Munger
Warren Buffett
Meenakshi Subbaraman
Show more
14:00 16.05.2025
Warren Buffett shifts investments from banks to Constellation Brands stock
Berkshire Hathaway Inc.
Bank of America Corporation
Constellation Brands Inc.
Capital One Financial Corporation
USA
MEX
Meenakshi Subbaraman
Warren Buffett
Show more
14:00 16.05.2025
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