这意味着当巴菲特再卖出一点点股份，把美国银行持股量降至10%以下后，不需要像持股比例高于10%时那样在两个工作日内（一般是几天内）披露交易情况，通常只需在每个季度报告中披露相关信息。During October 3-7, Buffett once again reduced his shareholding in Bank of America to cash out 0.383 billion, reducing his shareholding ratio to 10.1%. However, he is still the largest shareholder of the bank. Since mid-July, he has cashed out approximately 10 billion in total. If he sells a little more of Bank of America, the shareholding ratio will drop below 10%, and Berkshire Hathaway will no longer need to disclose trading activities in a timely manner.
Warren Buffett, 94, has been selling Bank of America stocks in large quantities for several months under Berkshire Hathaway.
The latest selling behavior includes Berkshire Hathaway's reduction of 9.57098 million shares of Bank of America stocks from October 3-7, cashing out a total of 0.383 billion dollars. Buffett's stake in Bank of America has now dropped to 10.1%, but he remains the largest shareholder.
This means that when Buffett sells a little more shares and reduces the holding of Bank of America below 10%, there is no need to disclose the transaction within two business days, as required when holding more than 10%, usually only need to disclose the relevant information in quarterly reports.
Previously, Berkshire Hathaway has been significantly reducing its holdings of Bank of America stocks since mid-July this year, the reason for which has not been officially disclosed, and the bank's stock price has been under pressure since.
According to the latest data from Bloomberg, Berkshire Hathaway has sold Bank of America stocks to cash out as much as 10 billion dollars. However, despite the large amount of selling, Berkshire Hathaway still holds a large amount of Bank of America stocks, with a total value of 31.35 billion dollars.
Regarding Buffett's motivation for reducing his holdings in Bank of America, there are various opinions in the market.
Combining Buffett's soaring cash reserves with the halving of his Apple holdings, some people believe that it may be due to factors such as overvaluation of US stocks, potential economic recession risks in the USA, and the long-term downward trend in the United States.
Some people also believe that the intensified crackdown by US regulatory agencies on fentanyl money laundering has expanded the investigation scope of such activities from initial individual banks to major banks in the USA.
In October 2008, Buffett called for 'buying America,' but this time, he sold American assets at an alarming pace.