
Buffett's Bold Bets: Banking Retreat and Beverage Surge Shape Berkshire Portfolio

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Berkshire Hathaway, led by Warren Buffett, revealed its Q1 portfolio report, showcasing a significant shift in banking holdings, including the sale of 14.63 million shares of Citigroup and a reduction in Bank of America shares by 48.66 million. Buffett maintained his 300 million shares in Apple while doubling investments in Constellation Brands and increasing stakes in Occidental Petroleum and Pool Corp. This cautious strategy reflects concerns over the banking sector's future amid rising interest rates and regulatory pressures, while highlighting confidence in tech and beverage industries' growth potential.
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