Warren Buffett Reduces Berkshire’s Bank of America Holdings While Investing in Soaring Consumer Brand

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Key Points

Warren Buffett’s Berkshire Hathaway filed its quarterly 13F report on November 14, revealing a net selling of stocks for 12 consecutive quarters, totaling approximately $184 billion. This includes a significant reduction in its stake in Bank of America, with over 464 million shares sold since July 2024, equating to a 45% decrease in its holdings.

Conversely, in the same period, Buffett has purchased nearly 2.98 million shares of Domino’s Pizza, representing an 8.7% stake in the company over 15 months. This reflects a strategic shift as Buffett continues to invest in consumer-facing brands while divesting from financial institutions sensitive to interest rates.

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