Warren Buffett’s Berkshire Hathaway boosts bet on – Business News
Warren Buffett’s Berkshire Hathaway mentioned Thursday it more than doubled its stake in alcoholic drinks producer Constellation Brands, whereas promoting its holdings in Citigroup and Brazilian fintech lender Nu Holdings.
Berkshire disclosed the trades in a regulatory submitting detailing its US-listed stock holdings as of March 31.
It mentioned its Constellation stake grew to about 12 million shares from 5.6 million at yr finish, giving it a 6.6% stake within the maker of Corona and Modelo Especial beer, and Meiomi, Robert Mondavi and Kim Crawford wines.
Warren Buffett’s Berkshire Hathaway mentioned it more than doubled its stake in alcoholic drinks producer Constellation Brands, whereas promoting its holdings in Citigroup and Brazil’s Nu Holdings. AFP by way of Getty Images
Berkshire’s stake in Corona maker Constellation Brands grew to six.6%. AFP by way of Getty Images
Berkshire’s quarterly disclosures of its stock portfolio don’t say whether or not Buffett, his portfolio managers Todd Combs and Ted Weschler, or future chief govt Greg Abel are behind particular person gross sales and purchases.
