Berkshire Hathaway by Warren Buffett (BRK.A, BRK.B) sold his Citigroup (c) actions during the first quarter, while cutting his bets in Bank of America (BAC) and Capital One (COF).
Berkshire showed his more than 14.6 million Citigroup shares in the first three months of the year, revealed a 13-F presentation on Thursday. The form, which offers a snapshot of the Berkshire portfolio at the end of the quarter, does not capture any change that the company would have made since the end of March.
The conglomerate also cut its long -term participation in Bank of America for 48.6 million actions. He reduced his participation in Capital One for 300,000 shares, and shed all his actions in the signature of Brazilian Fintech Nu Holdings (NU). Berkshire shrugged his Liberty Media Series C Formula One (FWONK) stake, and sold Charter Communications (Chtr), Davita (DVA) and T-Mobile (TMUS) actions as well.
Meanwhile, Buffett’s firm far Duplicate its position in alcoholic beverage brands Constellation Brands (STZ) a little more than 12 million actions. Padre model shares rose about 3% in trade off hours.
Berkshire also added almost 240,000 shares of Domino’s Pizza (DPZ) and more than 112,000 shares of the electronic signature Heico (HEI). He expanded positions in Verisign (VRSN), Sirius XM (Siri), Pool Corp. (Pool) and Western Petroleum (Oxy) as well.
After cutting his participation in Apple (AAPL) last year, Berkshire did not make any change in his position in the iPhone manufacturer during the period.
Berkshire’s actions have received a success following the Buffett announcement earlier this month that he plans to resign as CEO, with Vice President Greg Abel ready to take the helm at the end of the year. Even so, they have surpassed the broader market, with more 12% shares since the beginning of the year, while the S&P 500 added only 0.6%.
