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Berkshire Hathaway sold off financial stocks but doubled its investment in a major alcohol company, Constellation Brands.
Warren Buffett's Berkshire Hathaway exited its positions in Citigroup and Nu Holdings in the first quarter of 2022, while doubling its stake in alcohol maker Constellation Brands.
Though Berkshire didn't make new stock purchases, it increased holdings in Pool Corporation and Domino's Pizza.
Despite a cash pile of nearly $350 billion, Berkshire's portfolio changes reflect a focus on consumer goods and a pullback from financial stocks.
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Berkshire Hathaway vendió acciones financieras, pero duplicó su inversión en una importante compañía de alcohol, Constellation Brands.