Warren Buffett increases stake in these two companies

As legendary investor Warren Buffett prepares for his retirement later this year, all eyes are on his final portfolio moves. The latest 13F filing from Berkshire Hathaway reveals a mix of bold exits and aggressive bets — a fitting closing act for one of Wall Street’s most influential figures.

With his value investing philosophy having shaped generations of investors, Buffett’s recent trades are sparking speculation: is this his final message to the markets?

Buffett bids goodbye to Citigroup and Nu Holdings

The most dramatic changes in the Berkshire portfolio came in the form of complete exits. Buffett dumped his stakes in Citigroup (C) and Nu Holdings (NU), and significantly slashed his position in Formula One Group (FWONK) by 48%.

Buffett’s exit from Citigroup is especially notable. The stock had only been added to the Berkshire portfolio in 2022. Yet, the position was profitable, with Citigroup gaining about 41% during that time. The decision to offload Nu Holdings, a Latin American digital bank, may have deeper implications. The company’s exposure to Bitcoin likely clashed with Buffett’s long-standing skepticism of cryptocurrencies, which he once called “rat poison.”

Big bets on booze and backyard luxury

While trimming down on some assets, Buffett was also busy doubling down. His two biggest increases were in Constellation Brands (STZ) — the alcohol giant behind Corona and Modelo — and Pool Corporation (POOL), a major distributor of pool equipment and outdoor living products.

The Berkshire stake in Constellation Brands grew by 114%, in line with Buffett’s fondness for consumer staples with strong brands and predictable cash flows. But it was the 145% surge in his position in Pool Corporation that turned more heads. The move reflects confidence in long-term lifestyle trends that favor outdoor upgrades and suburban living — a theme that gained momentum post-pandemic.