MarketsMay 18, 2025
After Annual Shareholder Meeting Surprise, An Outgoing Buffett Dumps Financials, Adds to Consumer Brands and Staples in Berkshire Hathaway’s Portfolio
Noah Weidner
Warren Buffett may be preparing to pass the torch, but he’s still making big moves with his $348B cash position. Per new regulatory filings, Buffett trimmed his holdings in financials — zeroing out his stake in Citigroup and Nu Holdings, while pruning his positions in Capital One and Bank of America. He’s now deploying profits into new ventures.
- Berkshire doubled its investments in swimming pool supply business Pool Corp and beer importer Constellation Brands, which now make up 0.85% and 0.18% of the portfolio.
- The firm also added to mainstay Occidental Petroleum, while upping its stake in Domino’s Pizza, Heico Corp ($HEI.A), and Sirius XM.
The mystery holding: Buffett’s latest filing with the SEC also includes a mystery position — and Barron’s Andrew Bary speculates it could be an industrial stock. Buffett made a similar move in a past filing — which later revealed a major investment in insurance company Chubb. We’ll likely find out the identity of this hidden pick next quarter.
