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Warren Buffett plows another $337 million into Bank of America, boosting his stake to nearly 12%

1 month ago   |   By

Bill Pugliano/Getty
Warren Buffett spent another $337 million on Bank of America stock between July 31 and August 4, SEC filings show .
The billionaire investor and Berkshire Hathaway CEO has splurged close to $2.1 billion on the bank's shares over the past 12 trading days, raising his ownership stake to almost 12%.
Bank of America is the second-biggest holding in Berkshire's stock portfolio after Apple.
Buffett has permission to boost his position as high as 24.9%, a banking regulator told Business Insider this week .
Visit Business Insider's homepage for more stories .
Warren Buffett...
Read more ...

 

Warren Buffett plows another $337 million into Bank of America, boosting his stake to nearly 12%

Warren Buffett plows another $337 million into Bank of America, boosting his stake to nearly 12%

1 month ago   |   By

Bill Pugliano/Getty
Warren Buffett spent another $337 million on Bank of America stock between July 31 and August 4, SEC filings show .
The billionaire investor and Berkshire Hathaway CEO has splurged close to $2.1 billion on the bank's shares over the past 12 trading days, raising his ownership stake to almost 12%.
Bank of America is the second-biggest holding in Berkshire's stock portfolio after Apple.
Buffett has permission to boost his position as high as 24.9%, a banking regulator told Business Insider this week .
Visit Business Insider's homepage for more stories .
Warren Buffett...
Read more ...

 


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