StockNews.AI
BRK-A
New York Post
186 days

Warren Buffett's Berkshire reveals stake in Constellation Brands, cuts holdings of Citi, BofA

1. Berkshire invested $1.24 billion in Constellation Brands. 2. Citigroup stake reduced by 74% to 14.6 million shares. 3. Bank of America stake decreased by 15% to 680.2 million shares. 4. Buffett's Apple holdings remained stable at 300 million shares. 5. Constellation Brands includes popular beer brands Modelo and Corona.

2m saved
Insight
Article

FAQ

Why Bullish?

Berkshire's investment in Constellation indicates confidence in the alcoholic beverages market, likely boosting investor sentiment.

How important is it?

Changes in significant equity positions by Berkshire affect investor perspectives and future price movements.

Why Long Term?

The new investment in Constellation could provide sustainable growth for Berkshire over time, reminiscent of past successful investments.

Related Companies

Related News