Warren Buffett Adjusts Berkshire Hathaway’s Investment Portfolio
- Berkshire Hathaway sold 117.4 million shares of Bank of America, worth approximately $5.5 billion.
- The sale reduced Berkshire’s stake in Bank of America to 8.9%.
- Berkshire invested about $1.2 billion in Constellation Brands by purchasing 5.6 million shares.
- It acquired around 12 million shares of Sirius XM, valued at approximately $325 million.
- Berkshire also bought an additional 1.1 million shares of Domino’s Pizza, worth about $470 million.
Berkshire Hathaway continues to manage its investment portfolio actively, selling a significant portion of its Bank of America holdings while investing in new sectors like alcoholic beverages and satellite radio services.
Source (2.6)https://dailyhodl.com/2025/02/16/billionaire-warren-buffett-pours-1200000000-into-new-asset-dumps-5500000000-of-berkshire-hathaways-exposure-to-bank-of-america/?rand=59076
