Berkshire Hathaway Reduces Bank of America Holdings

Legendary investor Warren Buffett's company trims stake in major bank

Mar. 15, 2026 at 9:08am

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Berkshire Hathaway Inc., the conglomerate led by billionaire investor Warren Buffett, has reduced its holdings in Bank of America Corporation (NYSE:BAC) by 6.1% during the third quarter, according to a recent SEC filing. Berkshire Hathaway now owns 568,070,012 shares of the financial services provider's stock, worth approximately $29.31 billion, making it Bank of America's third-largest shareholder.

Why it matters

Berkshire Hathaway's investment decisions are closely watched by the market, as Buffett is renowned for his investing prowess. The reduction in the Bank of America stake, even if relatively small, could signal a shift in Berkshire's outlook on the banking sector or the company's specific prospects.

The details

According to the SEC filing, Berkshire Hathaway sold 37,197,363 shares of Bank of America during the third quarter, reducing its overall stake in the company to 7.78%. Bank of America remains one of Berkshire's largest holdings, accounting for approximately 11% of the conglomerate's portfolio.

  • Berkshire Hathaway reduced its Bank of America holdings during the 3rd quarter of 2026.

The players

Berkshire Hathaway Inc.

A multinational conglomerate holding company headquartered in Omaha, Nebraska, led by legendary investor Warren Buffett.

Bank of America Corporation

A multinational financial services company headquartered in Charlotte, North Carolina, providing a wide range of banking, investment, and asset management products and services.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Berkshire Hathaway's reduction in its Bank of America stake, while relatively small, could signal a shift in the investment firm's outlook on the banking sector or the company's specific prospects. Investors will be closely watching Berkshire's future moves in the financial services industry.