Reported 2 months ago
Warren Buffett's Berkshire Hathaway has sold more than $3.8 billion of Bank of America shares since mid-July, including approximately 19.2 million shares worth about $779 million in late July. Despite the sales, Berkshire remains the largest shareholder with a 12.1% stake, totaling 942.4 million shares valued at approximately $37.2 billion. The selling spree follows significant gains in Bank of America's stock price since last October.
Source: YAHOO