Warren Buffett Sold 29% of Bank of America and Bought This Consumer Stock for 4 Consecutive Quarters
The Motley Fool
by newsfeedback@fool.com (Bram Berkowitz)February 19, 2026
AI-Generated Deep Dive Summary
Warren Buffett, the legendary investor and former CEO of Berkshire Hathaway, has made significant moves in his final years as CEO, including selling a substantial portion of the company's stake in Bank of America and shifting focus to consumer stocks. Despite stepping down as CEO, Buffett remains chairman of Berkshire's board and continues to influence its investment strategy. In a notable shift, he sold 29% of Berkshire's shares in Bank of America, a financial institution that had been part of their portfolio for years. Simultaneously, Buffett redirected resources toward Domino's Pizza (NASDAQ: DPZ), purchasing shares in the consumer stock for four consecutive quarters.
Berkshire Hathaway's investment approach has long been characterized by long-term holding and a focus on undervalued companies. However, Buffett's decision to sell a significant portion of Bank of America highlights potential shifts in his assessment of the financial sector. While the reasoning behind this move is not explicitly detailed, it may reflect broader trends or changes in market conditions. On the other hand, Buffett's consistent investment in Domino's Pizza suggests confidence in the consumer discretionary sector, particularly in companies with strong brand recognition and growth potential.
Buffett's actions underscore his ability to adapt to changing market dynamics while maintaining a strategic focus on value creation. His decision to sell Bank of America shares could indicate a reassessment of the financial sector's prospects or a strategic reallocation of capital toward sectors he perceives as offering higher returns. Meanwhile, his sustained investment in Domino's Pizza may reflect his belief in the resilience and growth opportunities within the consumer goods industry.
For readers interested in finance and investing, these moves provide valuable insights into Buffett's decision-making process and evolving investment philosophy. They also highlight the importance of adaptability in long-term investing strategies, even for seasoned investors like Buffett. As Berkshire
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Originally published on The Motley Fool on 2/19/2026