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Berkshire Cuts Bank of America Stake, Delta Purchase — Aug 21, 2026Berkshire Hathaway trimmed its Bank of America stake by about 30.2 million shares in Q2 2026, lowering its BAC position to roughly 483 million shares and signaling a broader shift under Greg Abel that included a new Delta Air Lines investment. Bank of America also boosted its dividend 14% to $0.32 a share, underscoring continued cash generation as Berkshire rotates holdings, with 13F filings illustrating ongoing portfolio reshaping.