Warren Buffetts Berkshire Hathaway (NYSE:BRKa) disclosed its 13F filing for Q4 2024, revealing a notable investment in Constellation Brands (NYSE:STZ). The firm acquired 5.62 million Constellation shares,
5don MSN
Citi's lead beverages analyst Filippo Falorni views Berkshire Hathaway's investment as "a perfect example of value investing."
Berkshire Hathaway revealed that it had snapped up more than 5.6 million shares of Constellation Brands, known for beers like Corona and Modelo.
Berkshire Hathaway (BRK.B) (BRK.A), the investment giant run by Warren Buffett, took a new position in Constellation Brands (STZ), closed positions in two S&P 500 ETFs, and pared its stake in Bank of America (BAC),
Constellation Brands shares are jumping nearly 9% after it was revealed late Friday that Warren Buffett's Berkshire Hathaway had built [a 5.6 million stock stake](
10don MSN
Key Takeaways Berkshire Hathaway entered a new position in Modelo maker Constellation Brands in Q4 2024.Buffett's company, which is sitting on a record cash pile, also upped stakes in SiriusXM, Occidental Petroleum,
Warren Buffett's Berkshire Hathaway on Friday disclosed a new investment in alcoholic beverages producer Constellation Brands , and said it has reduced its holdings in four banks, including Citigroup and Bank of America .
Shares of Constellation Brands rose after Warren Buffett's Berkshire Hathaway acquired a stake in the maker of beer, wine and spirits. Berkshire owned 5.6 million shares in Constellation Brands, with a total value of $1.
Berkshire was holding $334.2 billion in cash, equivalents, and short-term investments at the end of 2024, which is a $9 billion increase compared with the end of the third quarter. Most of this is invested in short-term Treasury securities, from which Berkshire is receiving more than $10 billion in annual interest income.
A regulatory filing released on Feb. 14, showed that Berkshire slashed its stake in Bank of America BAC, cutting its shares from over 1 billion to about 680 million by the end of last year. The drop reduced Berkshire's ownership from over 13% to 11%, bringing the value of the investment from about $41 billion to under $30 billion.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results