The firm went from having 5.6 million to almost 12 million shares of an important company, a participation now valued at $ 2,200 million, which represents 6.6% of the company.
The conglomerate of Warren BuffettBerkshire Hathaway, strongly increased his participation in Constellation BrandsBeverage producer as a crown and model, during the first quarter of 2025.
The firm went from having 5.6 million to almost 12 million sharesa participation now valued at $ 2,200 million, representing 6.6% of the company.
This movement is part of a broader strategic change: Berkshire completely left Citigroup, reduced his participation in Bank of America in 48.6 million accidentsS (now has 631 million), He sold his investment in the Brazilian Fintech Cloud, and also cut his position in Capital One Financial.
The striking thing about the exit is that It was not motivated by cloud performance. The financial entity crosses its best moment from its Ipart. In the first quarter of 2025, he reported a Net utility of $ 557.2 million, A 47% increase Regarding the same period of the previous year. Its tight benefits rose 37%, And in 2024 he closed with a net gain of $ 1,970 million, a growth of 91% compared to 2023.
Cloud became one of the most active digital entities in crypto services in Brazil. From its application, it offers operations with Bitcoin, Ethereum, XRP and other assets. In addition, in 2022 he allocated 1% of his net assets to Bitcoin, which, indirectly, had exposed Buffett to an asset that so many times criticized publicly.
The Berkshire Retirement of Cloudk maintains the line of its replication of the financial sector, while strengthening its liquidity position. The departure of the Brazilian bank is not explained by the evolution of its business, but by Buffett’s strategy to reduce its exposure to financial entities, regardless of that some of them, such as Cloud, continue to show solid balances.
The adjustments occur while Buffett prepares to leave his position as CEO at the end of the year, leaving the leadership to Vice President Greg Abel. Despite the changes, Apple remains its largest bet, with 300 million shares valued at 66.6 billion dollars.
Source: Ambito
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