Warren Buffett’s Berkshire Hathaway recently made some notable changes to its stock portfolio. The company sold many of its Apple shares and started a new position in Ulta Beauty. In the second quarter,

Jain was subsequently named vice chairman in 2018 alongside Greg Abel, who is now deemed to be Buffett's successor as CEO when Buffett steps down. That's a title granted only to Jain, Abel, and the late Charlie Munger.

Warren Buffett's Berkshire Hathaway (BRK.B) has shed more Bank of America (BAC) stock, selling shares worth about $900M. Read more.

Warren Buffett’s continued disposals of Bank of America Corp. shares have now covered the billionaire’s investment cost, leaving him with a more than $34 billion stake that’s pure profit.

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