Warren Buffett dumped his entire stake in General Electric (GE)
Berkshire Hathaway dumped its entire $315.4 million stake in General Electric in the second quarter, according to filings.
The firm owned about 10.6 million shares in the company.
GE just recently promoted John Flannery to CEO, as Jeff Immelt stood aside. Flannery was head of GE's healthcare business before being tapped for CEO. Flannery was able to take hold of the healthcare division and grow it into a $18 billion business as its helm.
Berkshire Hathaway disclosed it closed its GE
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