Buffett has long been a fan of Bank of America, singing the praises of CEO Brian Moynihan time and again, and he's owned the stock since he bought preferred shares of BofA in 2011.

If Berkshire drops its stake under 10%, it will no longer have to file with the SEC for any changes in its Bank of America holding within two business days. Berkshire would have t

Warren Buffett (Trades, Portfolio)'s firm made a notable adjustment in its investment portfolio by reducing its stake in Bank of America Corp (NYSE:BAC). Following this move, the firm still holds a substantial number of shares,