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Fortune
Fortune
Christiaan Hetzner

Warren Buffett shifts from finance to fun as he dumps Citigroup stake and buy up more shares in alcohol-maker Constellation

Chairman and CEO of Berkshire Hathaway Warren Buffett rides in a golf cart. (Credit: Kevin Dietsch—Getty Images)
  • Berkshire Hathaway's latest 13-F filing reveals it doubled the size of its stake in the owner of the Modelo and Corona beer brands in the United States, while dumping its $1 billion stake in Citigroup. It also reduced its exposure to Bank of America and Capital One Financial.

Warren Buffett’s Berkshire Hathaway doubled its stake in Constellation Brands, opting to ditch shares in U.S. financials in favor of the wine and spirits company behind popular Mexican beerss Modelo and Corona in the United States.

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