Warren Buffett billionaires pour $ 1,200,000,000 in new assets, wraps $ 55,000,000 from Berkshire Hathaway’s exposure to Bank of America
Warren Buffett continues to empty billions of dollars from Berkshire Hathaway in Bank of America.
New second filings Buffett has sold 117.4 million BAC shares of about $ 5.5 billion in the fourth quarter of 2024, reducing its share in the financial giant to 8.9 %.
Meanwhile, Berkshire has added a new investment in the Cochalc brands of the STZ, which fermented both Corona and Medido.
The company accumulated about $ 1.2 billion of constellation shares at the end of the year after purchasing 5.6 million shares.
In the fourth quarter, Berkshire bought about 12 million shares of satellite radio provider, Sirius XM (Siri), worth about 325 million dollars, and bought 1.1 million shares from Domino’s Pizza (DPZ), at a value of about $ 470 million.
Despite the new investments, Berkshire continues to sit at $ 300 billion in cash.
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