Jin Shi Shu Ju·2025-05-16 09:40Group 1 - Berkshire Hathaway, led by Warren Buffett, is quietly acquiring a "secret stock" with special treatment approved by regulators to keep this investment confidential during the building period [1] - Berkshire's large stock investment portfolio has reached approximately $275 billion, requiring significant capital to impact overall returns, with new positions potentially taking months to build [1] Group 2 - In Q1 2023, Berkshire continued to significantly reduce its bank stock holdings, completely exiting its position in Citigroup and further reducing its stake in Bank of America [2] - The Citigroup position, valued at over $1 billion at the end of 2024, was held since Q1 2022, while the Bank of America stake has been reduced to 631.6 million shares, valued at over $26 billion [2] Group 3 - Berkshire doubled its stake in Constellation Brands, increasing its holding to approximately $2.2 billion, with a purchase of 6.38 million shares, raising total holdings to 12 million shares [3] - Constellation Brands, known for its beer brands like Corona and Modelo, faces pressure due to high tariffs on Mexican imports, impacting its stock price, which has declined about 14% this year [3] - Berkshire maintains its significant position in Apple, holding 300 million shares, valued at nearly $67 billion, despite having reduced its stake by two-thirds last year [3] Group 4 - After 60 years at the helm, Buffett plans to step down as CEO of Berkshire Hathaway in early 2026, passing leadership to Greg Abel, while remaining as chairman of the board [4]