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