As you’re probably aware, there are two sides to the conglomerate Berkshire Hathaway (BRK.A) , which is led by investment icon Warren Buffett. One side consists of private companies, such as Geico insurance and See’s Candies.

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.

Billionaire investor Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) further cuts stake in Bank of America (BAC), surpassing $10 billion in total sales proceeds.