Berkshire Hathaway Reduces Stake in Bank of America
Berkshire Hathaway sold $1.5 billion of Bank of America on July 17, 18, and 19 at an average price of $43.56. sec.gov/Archives/edgar
Berkshire Hathaway’s sale of 33.9 million shares or $1.5 billion of Bank of America ($BAC) on July 17, 18, and 19 was its first since the fourth quarter of 2019 when it sold 2.2 million shares. Berkshire owns 12.8% of $BAC and its current stake is valued at over $42 billion, its second largest holding behind only Apple.
I am quoted in the WSJ on this issue.
