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— 1h
Berkshire Cuts Bank of America Stake, Delta Purchase
Berkshire Hathaway trimmed its Bank of America stake by about 30.2 million shares in Q2 2026, lowering its BAC position to roughly 483 million shares and signaling a broader shift under Greg Abel that included a new Delta Air Lines investment. Bank of America also boosted its dividend 14% to $0.32 a share, underscoring continued cash generation as Berkshire rotates holdings, with 13F filings illustrating ongoing portfolio reshaping.
6 sources · 1h