Warren Buffett’s Berkshire Hathaway has entered new positions in Constellation Brands, SiriusXM, Domino’s Pizza, VeriSign, and Pool Corp., while trimming stakes in several financial companies. The company also exited its stake in Ulta Beauty, with no changes to its Apple position.
Berkshire added 5.6 million shares of Constellation Brands, the maker of Modelo beer, worth $1.24 billion at the end of the year. The company also upped its stakes in SiriusXM and VeriSign, while increasing its holdings in Pool Corp. by nearly 50%.
On the other hand, Berkshire trimmed its stakes in financial companies such as Bank of America, Capital One, and Citigroup. The company exited its position in Ulta Beauty after buying into it in the second quarter, but did not sell any shares in Apple.
Berkshire’s investment decisions are often guided by long-term strategies, and the company’s latest moves reflect this approach. With a record cash pile of $320 billion, Berkshire is taking calculated risks to grow its portfolio. The recent stock price surge of Constellation Brands following the announcement highlights the potential for successful investments.
Source: https://www.investopedia.com/warren-buffett-berkshire-hathaway-stock-holdings-q4-2024-stz-ulta-aapl-bac-11680453