Warren Buffett's Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands , while shedding investments in Citigroup and other financial services companies.

Berkshire Hathaway eliminated its equity stake in Citigroup and reduced its large holding in Bank of America while adding to its investment in Constellation Brands, according to a 13-F report with the Securities and Exchange Commission late Thursday.

Warren Buffett’s Berkshire Hathaway sold its shares of Citigroup during the first quarter, while trimming its stakes in Bank of America and Capital One.