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On July 30th, Buffett's Berkshire Hathaway (BRK.A.N, BRK.B.N) disclosed that it had reduced its holdings of Bank of America stocks for the third time this month, with a total cash out of over $3.046 billion (approximately RMB 22.1 billion). According to documents submitted to regulatory authorities on Monday, Berkshire Hathaway sold $767 million worth of Bank of America stock between July 25th and July 29th. Combined with the scale of sales before this month, Berkshire Hathaway reduced its holdings by a total of 6.9%. However, the documents show that Berkshire Hathaway still holds nearly 962 million shares of Bank of America stock, valued at $39.5 billion based on Monday's closing price.
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