Berkshire Hathaway significantly increased its investments in Constellation Brands, more than doubling its stake in the alcoholic beverage company during the first quarter of 2025.
According to a regulatory document published on Thursday, Warren Buffett's conglomerate increased its investment in Constellation to approximately 12 million shares, up from 5.6 million at the end of 2024.
The position, now valued at $2.2 billion, gives Berkshire a 6.6% stake in the company.
Shares of Constellation Brands rose approximately 1.5% on Friday.