Berkshire sells around $1.48 billion Bank of America shares, filing shows

Berkshire sells around .48 billion Bank of America shares, filing shows

The exterior of a Bank of America on July 16, 2024 in Austin, Texas.

Brandon Bell | Getty Images

Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed.

After the sale, Berkshire owned about 999 million BofA shares.

Berkshire is one of the Charlotte, North Carolina-based lender’s largest shareholder. It also invests in several other banks, including Wells Fargo & Co and JPMorgan Chase.

The conglomerate, owned by Warren Buffett, began investing in Bank of America in 2011, purchasing $5 billion of preferred stock plus warrants to buy 700 million common shares, at a time many investors worried about the bank’s capital needs.

Source

World

Diane Keaton, Oscar-winning star of ‘Annie Hall’ and ‘The Godfather’ series, has died at 79

October 11, 2025

Diane Keaton, the Oscar-winning star of “Annie Hall,” “The Godfather” films and “Father of the Bride,” whose quirky, vibrant manner and depth made her one of the most singular actors of a generation, has died. She was 79. Dexter Keaton White, Keaton’s daughter, confirmed her mother’s death, according to NBC News. “We are looking for […]

World

BlackRock sees shift in artificial intelligence trade. Where investors are putting their money now.

October 11, 2025

BlackRock is seeing a shift among Big Tech investors. Jay Jacobs, the firm’s U.S. head of equity ETFs, finds they’re going for targeted themes like artificial intelligence. “One of the biggest trades we’re seeing this year is simply people leaving the traditional tech sector and getting more granular into AI-specific ETFs, like BAI [the iShares […]

Warren Buffett Watch: Berkshire’s Japanese stock positions top billion

World

Warren Buffett Watch: Berkshire’s Japanese stock positions top $30 billion

October 11, 2025

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s Japanese stock positions top $30 billion The total value of the five Japanese “trading houses” in Berkshire Hathaway’s equity portfolio has topped $30 billion […]