BAC
Another quarter, another trim
Berkshire Hathaway — now steered by Greg Abel after Warren Buffett stepped back — appears to have sold more Bank of America stock again. If you’re keeping score at home, that would make it seven straight quarters of selling.
That’s not exactly the kind of message you’d expect from a forever-fan relationship. It’s more like watching someone slowly clean out their closet one shirt at a time: not dramatic, but very much intentional.
Why investors care
Berkshire has been one of BAC’s biggest and most-watched holders, so every move gets read like tea leaves. Even if this doesn’t change Bank of America’s day-to-day business, it can absolutely shape how investors feel about the stock.
- A steady sale streak can signal Berkshire thinks the easy upside is gone.
- It can also create an overhang on the shares, since investors hate a persistent seller.
- On the flip side, this is about ownership strategy, not necessarily a red flag on BAC’s underlying bank operations.
The bigger read-through
There’s a pretty simple market psychology here: when a legendary investor’s firm keeps unloading a name, people start asking, “What do they know that I don’t?” Sometimes the answer is nothing dramatic. Sometimes it’s just portfolio cleanup. But either way, it’s not the kind of headline that makes bulls break out the confetti.
Big picture: Bank of America may be doing fine, but Berkshire’s continued selling means the stock still has to prove itself the old-fashioned way — without a giant Buffett-shaped cheerleader on the cap table.