Buffett’s Berkshire Holds On to Apple Shares, but Trims Stakes in BofA, Citi and Capital One
Warren Buffett’s Berkshire Hathaway reduced its positions in several financial stocks in the fourth quarter, but didn’t sell any Apple shares. The Omaha, Neb., company continued to sell Bank of America one of its biggest stockholdings, slashed its stake in Citigroup and unloaded part of its position in Capital One Financial according to a regulatory filing made public after the market closed Friday. Berkshire unveiled a new position in Constellation Brands which sells Modelo and Corona beer in the U.S., worth $1.2 billion at the end of December.
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