Warren Buffett shifts from finance to fun as he dumps Citigroup stake and buys up more shares in alcohol-maker Constellation

• The latest Berkchire Hathaway 13-F files reveal that it has multiplied the size In the owner of Modelo and Corona Beer brands in the United States, with a $ 1 billion share of Citigroup. He also reduced his exposure to the Bank of America and the financial capital.

Berkshire Hathaway from Warren Buffett has doubled its share in Contestation brands, and chose to get rid of stocks in the United States for the benefit of the wine and spiritual drinks behind the famous Mexican beer Model and Corona in the United States.

In the latest version of the quarterly SEC, published on Thursday, which was published on Thursday, it revealed the size of its stock portfolio of 3 % to 258.7 billion dollars during the three months until the end of March, as it came out of the Citigroup share of one billion dollars.

In addition, its shares were reduced in the Bank of America and Capital One financing by 7 % and 4 %, respectively. In comparison, the amount of shares kept in the Constellenge brands increased by more than more than 12 million shares from the 5.6 million that it acquired in the fourth quarter.

Berkshire suddenly developed a taste for the giant of fermentation at a time when demographic trends indicate a permanent shift in the consumer from alcoholic beer as young generations lose attention.

Drinks developed with THC and CBD, the chemical compounds in marijuana and hemp, instead, have become anger recently, especially between Gen Z Drinkers.

Pavite is known for focusing on the shares denominated with less than their value

Minakshi Subarmanan, director of the program at the Public Health Institute, told the Public Health Institute, told Newsweek In February.

However, the Hathaway Berkshire Chair is known as an anti -subscription investor “when there is blood on the street.”

One of the analysts in the drink industry summarized his approach in February: “Warren Buffett is looking for the value of work in the long run and believes that the shares are denied by less than their value.”

Modelo from Constellation Brand managed to benefit from exposure to the growing population of Spanish origin, as the brand became the most popular in the United States after the repercussions of the Bud Light, but the catastrophic with the transient effect Dylan Molvani in 2023.

Berkshire Hathaway nor Constellency brands did not respond to a request outside working hoursluckTo comment. Citigroup refused to provide a statement.

Berkshire Hathaway plowed money in short -term cabinet debts

The original Nebraskan is called “Oracle of Omaha” for his statement when purchasing in the shares of less than its value. One of his most famous investment slogans is afraid when others are greedy and greedy when others fear.

However, recently, it can be said that Buffett is his largest investment in treasury bills. This group of bullets, this asset category is safe as money but offers a healthy return thanks to the high interest rate environment today.

According to JPMorgan estimates earlier this month, Berkshire has exchanged $ 314 billion in short American sovereign debt, equivalent to about 5 % of the total bills supply and more than the Federal Reserve itself on his books.

Puffett, who has long shocked Charlie Monger, died in November, while he was still working as the company’s vice president.

“The difference has become more and more dramatic,” Buffett toldWall Street Journal this week. “It was more effective in accomplishing things.”

This story was originally shown on Fortune.com

2025-05-16 12:00:00