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Warren Buffett's Berkshire Hathaway exits Citigroup and doubles its stake in Constellation Brands

  • By March 31, 2025, Berkshire Hathaway had completely sold off its entire position in Citigroup and increased its holdings in Constellation Brands to over twice the number of shares it held at the end of the previous year.
  • The moves followed a broader strategic shift away from financial stocks toward consumer-focused sectors amid ongoing portfolio realignments.
  • Berkshire Hathaway more than doubled its holdings in Constellation Brands to exceed 12 million shares, valued at approximately $2.2 billion, while fully divesting its stake in Citigroup by selling all 14.6 million shares.
  • Constellation Brands owns Corona and Modelo beers, with shares rising 2.7% after Berkshire’s stake disclosure, reflecting investor confidence.
  • These transactions suggest Berkshire is reducing exposure to banking while emphasizing beverage industry holdings as leadership transitions approach in 2026.
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CNBC broke the news in United States on Thursday, May 15, 2025.
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