Grapevine

By Cnbc
Aug 2, 2024

Buffett's Berkshire sells $3.8 billion worth of Bank of America in 12-day selling spree

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 4, 2024.

Warren Buffett is not done selling Bank of America .

As of Thursday's close, Bank of America fell to the No.3 spot on Berkshire's list of top holdings, trailing behind Apple and American Express , which is currently valued at $37.7 billion. Before the selling spree, BofA had long been Berkshire's second biggest holding.