Buffett's Berkshire Sells More Bank Shares, Doubles Down on Constellation

Nauman khan

Fri, May 16, 2025, 9:23 AM 1 min read

May 16 - Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway (NYSE:BRK.B) trimmed its slope holdings and ramped up its involvement successful Constellation Brands (NYSE:STZ) successful the archetypal quarter, according to a filing with the SEC.

The conglomerate exited its remaining 14.6 cardinal shares of Citigroup (NYSE:C) and 40.2 cardinal shares of Nubank (NYSE:NU). It besides pared backmost Bank of America (NYSE:BAC) to 631.6 cardinal shares from 680.2 million, chopped Capital One Financial (COF) to 7.15 cardinal shares from 7.45 million, and trimmed DaVita (NYSE:DVA) to 35.1 cardinal from 36.1 million.

On the bargain side, Berkshire astir doubled its Constellation Brands presumption to 12 cardinal shares, valued astatine $2.2 cardinal connected March 31. It lifted its VeriSign (NASDAQ:VRSN) involvement to 13.3 cardinal shares, worthy $3.37 billion, and boosted Pool Corp. (NASDAQ:POOL) to 1.46 cardinal shares from 0.6 million.

Notably, the steadfast near its Apple (NASDAQ:AAPL) holding unchanged astatine 300 cardinal shares, valued astatine $66.6 billion. The moves bespeak Buffett's cautious repositioning amid shifting fiscal and user trends.

This nonfiction archetypal appeared connected GuruFocus.