In fact, Buffett's been a net seller of stocks for seven consecutive quarters beginning with Q4 2022. Considering the size of his Bank of America stock sale, Berkshire will likely confirm an eighth-straight quarter when it reports its earnings next month.

Warren Buffett's Berkshire Hathaway has now made over $10 billion from selling its Bank of America shares. In the latest round, it earned $383 million.

Buffett has owned American Express stock since 1995, making it his second longest-held stock, right behind Coca-Cola. These are two stocks Buffett has said he would never sell. He added Apple to that status recently and sold a large chunk of it right after, but he's held on to every share of Coke and American Express he's ever purchased.

Bank of America is a significant holding of Berkshire Hathaway, which recently sold 20% of its stake. Read why trimming BAC stock is not good for us here.

Warren Buffett's Berkshire Hathaway sold more of its holdings in the second-largest US bank, raising its total haul to nearly $9 billion over the last several months.

Warren Buffett is often considered a buy-and-hold investor, but that's not how he treats every investment. Should you follow his bank strategy?

Warren Buffett’s recent moves to trim Berkshire Hathaway’s holdings in Apple and Bank of America have raised questions about what it means for the market and economy. However, it’s unlikely that the takeaway is simple or scary.