Berkshire sold 48,660,056 shares of Bank of America (BAC 0.59%), a stock up 520% since Buffett first took a stake in August 2011. The sale reduced the position 7%, but it's still his company's ...

Over the past two months, Buffett-led Berkshire Hathaway has dumped more than $7.2 billion of Bank of America stock.

Warren Buffett has sold 23% of his Bank of America stake for about $10 billion since mid-July. Berkshire Hathaway's American Express stake is now more valuable than its Bank of America bet ...

Buffett’s investment in BAC netted Berkshire approximately $1.8 billion in interest payments over the six years it held the preferred Bank of America stock; the 700 million shares are now worth ...

The stock picks that this conglomerate makes are, basically, Buffett's stock picks. Right now Berkshire Hathaway is selling down its position in large U.S. bank Bank of America (NYSE: BAC).

Bank of America is Berkshire’s second-largest holding, and the stock’s 14.1% gain in the last month has made it one of Berkshire’s top performers. Roughly nine years ago when Buffett first ...