Checking my app looking through insider trades haven’t seen anyone talk about this yet. Initially I thought it was just part of his stake but he dropped the entire position.
for a second I thought that was my bank account. how embarrassing that would have been
spacecadet501st on
Bro I just bought calls wtf
Key_Security_1569 on
SavannahCalhounSq on
Oh, crap, my shares go long term in September, hope I can hold on.
FOMO_Gains on
Berkshire still holds 998,961,079 shares of BoFA.
Probably trimming to open a new position or increase in another company.
guddagudda777 on
EDIT*BUFFET DID NOT SELL ENTIRE STAKE “After these sales, Berkshire Hathaway’s remaining stake in Bank of America consists of 998,961,079 shares. It should be noted that the shares are owned by various subsidiaries of Berkshire Hathaway, as detailed in the footnotes of the SEC filing. The subsidiaries range from insurance companies to financial institutions, each holding a portion of the total shares without double counting within the conglomerate’s complex ownership structure.”
Appropriate_Ice_7507 on
That old cuck
Important_Repeat_806 on
Sold my 1.4 share of boa today. I’m the next buffet
lostfinancialsoul on
Buffett I got some stock suggestions you can invest in…. lemme know.
Hot_Significance_256 on
it’s over
*Opens Maps*
*Searches “Wendy’s”*
FriskyHamTitz on
What app is that?
originalusername__ on
A measly 999 million shares, what is Berkshire going to do with that sort of pocket change?!
Pitiful_Difficulty_3 on
Last time he trimmed the Apple and Apple just flew through the roof. Will it happen to BAC?
fuka123 on
Where do you ingest these events? Thanks for the share
GoldenEelReveal76 on
He is getting ready to go bargain shopping.
graasten on
Berkshire needs to keep their ownership stake in banks below 10% or they become a bank holding company that is subject to extra reporting they want to avoid.
So this is probably just trimming their ownership to stay below that limit.
Time-Philosophy0323 on
BOA up a lot recently, he’s just rebalancing
west_coast_republic on
Sell to drop the price and load up at the bottom
tornumbrella on
I’m amazed Buffet could lift BofA in the first place.
21 Comments
What app shows you this detailed insider move ??
for a second I thought that was my bank account. how embarrassing that would have been
Bro I just bought calls wtf
Oh, crap, my shares go long term in September, hope I can hold on.
Berkshire still holds 998,961,079 shares of BoFA.
Probably trimming to open a new position or increase in another company.
EDIT*BUFFET DID NOT SELL ENTIRE STAKE “After these sales, Berkshire Hathaway’s remaining stake in Bank of America consists of 998,961,079 shares. It should be noted that the shares are owned by various subsidiaries of Berkshire Hathaway, as detailed in the footnotes of the SEC filing. The subsidiaries range from insurance companies to financial institutions, each holding a portion of the total shares without double counting within the conglomerate’s complex ownership structure.”
That old cuck
Sold my 1.4 share of boa today. I’m the next buffet
Buffett I got some stock suggestions you can invest in…. lemme know.
it’s over
*Opens Maps*
*Searches “Wendy’s”*
What app is that?
A measly 999 million shares, what is Berkshire going to do with that sort of pocket change?!
Last time he trimmed the Apple and Apple just flew through the roof. Will it happen to BAC?
Where do you ingest these events? Thanks for the share
He is getting ready to go bargain shopping.
Berkshire needs to keep their ownership stake in banks below 10% or they become a bank holding company that is subject to extra reporting they want to avoid.
So this is probably just trimming their ownership to stay below that limit.
BOA up a lot recently, he’s just rebalancing
Sell to drop the price and load up at the bottom
I’m amazed Buffet could lift BofA in the first place.
I purchased calls