Berkshire Hathaway's Bank Of America Stake
Warren Buffett's position in Bank Of America is currently worth $39.6 Billion. That's 11.49% of their entire equity portfolio (2nd largest holding). The investor owns 14.04% of the outstanding Bank Of America stock. The first Bank Of America trade was made in Q2 2007. Since then Warren Buffett bought shares twelve more times and sold shares on five occasions. The stake costed the investor $26.7 Billion, netting the investor a gain of 48% so far.
News about Bank Of America Corp. and Warren Buffett
The Trillion-Dollar Crystal Ball: 3 Companies Next in Line for the Market Milestone
There are only six trillion-dollar stocks worldwide, every one of which is a popular name. And they all rightfully sit at the top of their sectors. There’s a...
Warren Buffett''s Top 3 Stocks: Portfolio Allocation To This Sector Increased In Q4
The finance sector commands just over 24% of Warren Buffett ‘s Berkshire Hathaway (NYSE: BRK ) (NYSE: BRK ) portfolio. That’s an increase from 21.75% from th...
This technology company makes for almost half of the world''s richest investor''s portfolio
Berkshire Hathaway''s Q4 operating earnings rose to $8.48 billion, driven by increased insurance underwriting earnings and investment income due to higher in...
Berkshire Hathaway Vice Chairman Charlie Munger has died aged 99
Warren Buffet’s partner at investment giant Berkshire Hathaway, Vice Chairman Charlie Munger, passed away overnight aged 99. Both Buffett and Munger were rai...