The latest update 13F shows that the legendary investor Warren Buffett continued to reduce exposure to actions in the fourth quarter, even though the market made a succession of new heights of all time. More specifically, the dumping was focused on:
Bank of America Corp (nyse :): sold 117,449,720 shares (-14.72%), with an impact of -1.75% on the Citigroup Inc portfolio (NYSE :): sold 40 605 295 shares (- 73.5%), with an impact of -0.96% on the portfolio
In addition, Omaha’s Oracle has completely left SPDR S&P 500 (Nyse 🙂 and the Vanguard S&P 500 ETF (Nyse 🙂. Although it is not significant in terms of quantity, this decision is symbolically important.
Source: InvestingPro
* Investment users can consult all the actions of the Buffett portfolio By clicking here In the investment ideas section.
Although many highlight the risk aversion of buffett at this special moment, it may also be useful to also examine your investments. This could give an overview of the place where the ultimate investor perceives opportunities in an uncertain environment.
Where are the Buffett?
In particular, new important investments include an increase in assets in:
Domino’s Pizza (Nyse 🙂: 1,104,744 actions purchased (+ 86.49%), impacting the 0.17%portfolio
Western Petroleum Corporation (nyse 🙂: 8,896,890 shares purchased (+ 3.49%), impacting the 0.16%portfolio
The new buffett entrance
But the the most important Investment made by Berkshire Hathaway (Nyse 🙂 Constellation brands (Nyse 🙂. Buffett acquired 5,624,324 shares, making this position at 0.5% of the portfolio, with a total value of $ 1.24 billion.
The biggest purchase of buffett.
* Investingpro users can consult all the actions of the buffett portfolio by clicking here in the InvestingPro Ideas section.
Overview of constellation brands
Constellation brands, a Leading alcoholic drinksDominates the beer market imported in the United States with its high-end Mexican beer portfolio, while maintaining a presence in the wine and spirits segment.
Strong dividend growth
Over the past decade, the company has demonstrated solid growth in its beer …
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