Overview
- Berkshire Hathaway sold approximately 33.9 million Bank of America shares.
- The sale reduced Berkshire's ownership to about 999 million shares.
- This move aligns with Berkshire's recent trend of trimming its holdings in various companies.
- Berkshire's initial investment in Bank of America began in 2011 amid concerns over the bank's capital needs.
- Bank of America remains one of Berkshire's largest stock holdings.