Berkshire Hathaway from Warren Pavite Hathaway at Bank of America and City

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Berkshire Hathaway of Warren Buffett cut his shares in some of the largest banks in the United States in the last three months of 2024, when the billionaire investor threw billions of dollars from Bank of America.

The sprawling group sold approximately three quarters of its position in Citigroup, where she sold 40.6 million shares worth more than $ 2.4 billion, according to a file with the American stock organizers published on Friday.

Berkshire He also continued to sell Bofa shares, an investment dating back to the financial crisis when Pavite entered to provide the morning to one of the largest lenders in the country.

Berkshire, who had a 13 percent stake in the bank, waited for the bank, Bofa and the broader US financial system to overcome the regional banking crisis before it started cutting its location. But starting last July, she began to reduce its share strongly, and sometimes the shares on the open market get rid of successive trading sessions.

On Friday, the disclosure showed that Berkshire had reduced his share from 95 million shares since mid -October, when its ownership center decreased to less than 10 percent.

This is a developing story