# Buffett's Bank of America Holding May Survive

> Warren Buffett's core Bank of America position might not be cut by his successor Greg Abel.
- Title: Buffett's Bank of America Holding May Survive | Shortify
- Summary: Warren Buffett's core Bank of America position might not be cut by his successor Greg Abel. Greg Abel may keep Warren Buffett's Bank of America holding after…
- Keywords: warren buffett, berkshire hathaway, greg abel, bank of america, bacs, berkshire, baca, finance, money, Buffett's, Bank, America
- Source: The Motley Fool — https://fool.com/investing/2026/10/19/one-warren-buffett-core-position-berkshire-hathaway-may-not-get-heave-ho-by-greg-abel
- Author: Sean Williams
- Published: 2026-10-19T09:06:02+00:00
- Read time: 1 min
- Topics: warren buffett, berkshire hathaway, greg abel, bank of america, bacs, berkshire, baca, finance, money
## Buffett Retires as CEO
Warren Buffett retired as Berkshire Hathaway CEO on Dec 31, 2024, handing over to Greg Abel.
## Abel Sells 16 Stocks
Greg Abel sold 16 stocks in his first quarter, including Bank of America.
## Buffett and Abel Sell Bofa Shares
Buffett and Abel sold over 549 million Bank of America shares since July 2024, 53% of their position.
## Bofa Was at Risk
Bofa was at risk due to its interest sensitivity, book value discount, and Greg Abel's exclusion from long-term holdings.
## Bofa's Book Value Rises
Bofa's book value per share rose as profitability improved, trading at a 30% premium to book value.
## Fed Rate Hikes Benefit Bofa
Bofa's net interest income may benefit from expected Fed rate hikes as the most interest-sensitive bank.
## Key takeaway

Greg Abel may keep Warren Buffett's Bank of America holding after selling 549 million shares.