Overview
- Berkshire Hathaway fully divested its $1 billion stake in Citigroup and reduced positions in Bank of America and Capital One during Q1 2025.
- The company more than doubled its stake in Constellation Brands, owner of Modelo and Corona, to over 12 million shares.
- Additional investments were made in Domino's Pizza, Heico, VeriSign, Sirius XM, Pool Corp., and Occidental Petroleum, highlighting a shift toward consumer and industrial sectors.
- A confidential position was added to the portfolio, with Berkshire seeking SEC approval to keep the details undisclosed, likely signaling a large, ongoing acquisition.
- Warren Buffett will step down as CEO at the end of 2025, with Greg Abel set to succeed him, as the firm maintains a cautious market outlook with $350 billion in cash reserves.