Top investment institutions have released the latest 13F filings. Buffett’s Berkshire holds on to Apple shares, but trims stakes in BofA, Citi and Capital One.

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. It sold off its shares of Ulta Beauty.

Observers of the famed stock picker were watching closely to see if Berkshire's sales of Apple would continue for a fifth consecutive quarter. But Berkshire ended 2024 still holding 300 million shares of the consumer-electronics company. The stake, valued at $75.1 billion on Dec. 31, remained the sprawling conglomerate's largest stockholding, followed by American Express and BofA.

Bridgewater Associates buys Tesla shares worth $55 million

Bridgewater Associates, the hedge fund managed by Ray Dalio, has acquired a significant stake in Tesla (NASDAQ:TSLA), as revealed in its latest 13F filing. The firm purchased 153,589 shares of the electric vehicle maker, an investment valued at approximately $55 million based on the current Tesla stock price.

According to the documentation submitted to the Securities and Exchange Commission (SEC), this investment was made in the last quarter of 2024, specifically during the period that ended on December 31, 2024. Prior to this, Bridgewater Associates did not hold any Tesla shares, as evidenced by the third-quarter report ending on September 30, 2024.