5 Long-Term Stocks to Buy According to Warren Buffett

4. Bank of America Corporation (NYSE:BAC)

Number of Hedge Fund Holders: 72    

Bank of America Corporation (NYSE:BAC) provides banking and financial products. 

Securities filings show that Berkshire Hathaway has held a stake in Bank of America Corporation (NYSE:BAC) since 2017. The value of this holding has increased $17 billion in 2017 to $42 billion at the end of the third quarter of 2021. The fund last registered new activity around the stock in the third quarter of 2020. 

At the end of the third quarter of 2021, 72 hedge funds in the database of Insider Monkey held stakes worth $46.4 billion in Bank of America Corporation (NYSE:BAC), down from 87 in the previous quarter worth $46.5 billion.