Berkshire Q1 Holdings Disclosure: Buffett Sells Off Citigroup, Reduces Financial Stocks, and Heavily Invests in This Distillery, Applying for a Mysterious Holdings That Draws Attention

Berkshire Hathaway, an investment company owned by Warren Buffett, announced in Q1 2025: reducing holdings in banks and increasing consumer stocks, among which mysterious holdings attracted attention. (Synopsis: Buffett admitted: I really feel that I am old, and I feel that I am struggling to think and read. First talk about the decision to step down as CEO of Berkshire) (Background supplement: Buffett invested in Brazilian crypto-friendly bank Nu Holdings early, Berkshire Hathaway holds 1.2 billion magnesium) Berkshire Hathaway, led by Warren Buffett, submitted its 13F report for the first quarter of 2025 this week, revealing its holdings as of the end of March 2025, which attracted the attention of the global market. Buffett adjusts the layout of financial stocks, clearance Citi attracts attention The latest report pointed out that Berkshire significantly adjusted its portfolio in the first quarter, and adopted a significant reduction strategy in financial stocks. The most notable move was the complete liquidation of all of Citigroup's holdings, involving the sale of 14.639 million shares. At the same time, Berkshire also reduced its stake in Bank of America, totaling 48.66 million shares, by more than 7%, and reduced its stake in Capital One Financial Corporation by 300,000 shares, or about 4%. This series of reduction actions reflects Berkshire's prudent strategy of continuing to withdraw from some financial institutions in the current market environment, which may be related to the assessment of future profitability or risk exposure of the financial industry. However, Bank of America remains one of Berkshire's core heavy stocks, still holding more than 631.5 million shares at the end of the first quarter. Bucking the trend, alcohol brands gain favor Compared to the conservative operation of financial stocks, Berkshire showed a positive overweight in certain consumer goods stocks in the first quarter of 2025. According to the report, Berkshire's largest buyer in the quarter was beer and spirits maker Constellation Brands Inc., which bought up to 6.384 million shares of the Constellation brand in one go, surging its total stake by more than 113% to 12.009 million shares, with a total value of about $2.2 billion, accounting for 6.6% of the constellation brand company. (Constellation Brands is the largest beer importer in the U.S. by sales.) In addition to its big investment in Constellation, Berkshire has also slightly increased its (POOL) stake in Pool Corp, a supplier of swimming pool equipment and supplies. These overweights clearly reveal that Berkshire's investment strategy is tilting towards consumer brands with stable cash flows and brand moats, reflecting a preference for defensive assets in times of uncertain economic prospects. (The economy is not good, and people use alcohol to kill their worries?) But despite these changes, Berkshire's core heavy stocks are still its longtime favorites, including tech giants Apple, American Express, Coca Cola, the aforementioned Bank of America and energy giant Chevron. Detailed holdings can be viewed" Berkshire Hathaway Portfolio holdings Source: Fintel.io Mysterious confidential positions have aroused high attention in the market In addition, in this 13F report, the most intriguing thing is that Berkshire once again filed a confidentiality request with the U.S. Securities and Exchange Commission (SEC), requesting a moratorium on the disclosure of specific details of one or more stock investments. This strategy of using confidentiality requests to avoid premature disclosure of sensitive investment details is a common tactic used by Berkshire during the position opening phase to help the company gradually accumulate shares in the target company without causing excessive market volatility. Looking back, Berkshire took similar confidentiality measures during its previous aggressive increase in insurance giant Chubb, and the relevant holdings information was not officially made public until May 2024. Market analysts, based on Berkshire's cash flows, estimate that the mysterious new position could be worth between $1 billion and $2 billion, and widespread speculation that it may belong to business services or industrial manufacturing, has sparked a heated discussion among investors. Huge cash reserves and future outlook In addition to position adjustments, Berkshire's overall financial position is also worth watching. By the end of the first quarter, Berkshire's cash and equivalents holdings had climbed to a record $348 billion. Such a huge cash reserve has led the market to continue to speculate about when and in what areas Buffett and his team will make the next round of large-scale investment deployment. At the same time, a turning point in an era is approaching. Buffett himself personally announced at Berkshire's annual shareholder meeting earlier this month that he plans to officially step down as Berkshire's CEO for 60 years by the end of 2025, with the scepter handed over to his designated successor, Greg Abel, while Buffett will continue to participate in the company's affairs as chairman. This major leadership change, as well as how the new CEO's investment style and decision-making model will affect Berkshire's future investment direction and performance, undoubtedly adds a new dimension to the market. Read more: Who is Buffett's "Berksha successor" Abel Greg Abbel? What does he think of cryptocurrencies? Related reports Buffett's shareholder letter hides a mystery: full of cash and other U.S. stocks crash? Bear market may repeat the tragic situation of the Internet bubble Warren Buffett's latest shareholder letter "does not mention cryptocurrencies"! Record cash reserves, but emphasis on still preference for stocks Buffett handpicked "Berkshire's successor" Abel Greg Abel Who is it? What does he think of cryptocurrencies? "Berkshire Q1 Shareholding Disclosure: Buffett Cleared Citi to reduce his holdings of financial stocks, greatly increased the size of this winery, and applied for mysterious holdings to attract attention" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".