The Kuwait Investment Authority sold a $3.1 billion stake in Bank of America Corp. in an overnight block trade, according to ...

In a surprising move, Berkshire Hathaway Inc (NYSE: BRK.B), led by legendary investor Warren Buffett, has sold $1.5 billion worth of Bank of America Corporation (NYSE: BAC) stock. This sale ...

Warren Buffett’s Berkshire Hathaway sold shares of Bank of America in the first quarter, while purchasing shares of Domino's Pizza. Bank of America has a strong presence in several financial services ...

The Oracle of Omaha has jettisoned more than 401 million shares of Bank of America stock since mid-July 2024, and built up a ...

Key Points Warren Buffett continued to sell his largest holdings Apple and Bank of America. He also isn't even buying back any shares of Berkshire Hathaway.

Billionaire investor Warren Buffett’s Berkshire Hathaway has shed nearly $982 million worth of Bank of America shares as his firm continues to cut back on its stake in the major bank.

Warren Buffett's Berkshire Hathaway has cut its Bank of America stake by 23% since July, and it's now worth less than its American Express bet.

Importantly, Bank of America was not the only bank stock Buffett sold in the first quarter. Berkshire also exited its position in Citigroup.

Despite Buffett's recent decision to sell, Bank of America remains one of Berkshire's largest holdings accounting for just over 10% of its public equity portfolio.

NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Read more at The ...