Bank of America

BAC • NYSE

Bank of America is a banks - diversified company in the financial services sector on NYSE, led by Brian T. Moynihan, with a market cap of $395.50B. As of Q3 2025, 73% of shares are held by 3,268 institutional investors, with VANGUARD GROUP INC as the largest holder at 8.47%.

President and Chief Executive OfficerBrian T. Moynihan

Market Cap$395.50B

Banks - Diversified

Financial Services

Employees212.0K

Websitebankofamerica.com

Country

United States of America

Overview

Overview of institutional ownership in BAC as of Q3 2025 with a market cap of $382.12B

All Institutions

Institutions: 3,268
Value Held: $279.37B
Shares Held: 5.42B
Avg Position: $85.5M
Median Position: $1.2M

Hedge Funds

Hedge Funds: 142
Value Held: $7.6B
Shares Held: 147.0M
Avg Position: $53.4M
Median Position: $5.8M

Ownership Breakdown

Institutional (non-HF)

71.13%

$271.79B

Hedge Funds

1.98%

$7.6B

Retail & Other

26.89%

$102.75B

Based on market cap of $382.12B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BAC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$32.4B 0.48% of portfolio	8.47% 627.7M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
BERKSHIRE HATHAWAY INC Institution	Warren E. Buffett CEO	$29.3B 10.96% of portfolio	7.67% 568.1M shares	Q3 2017 Held for 8y 2m	$267.33B
B BlackRock, Inc. Institution	-	$27.6B 0.49% of portfolio	7.23% 535.3M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$15.5B 0.54% of portfolio	4.07% 301.3M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
FMR LLC Institution	-	$10.8B 0.56% of portfolio	2.83% 209.5M shares	≤ Q2 2013 Held for 12y 5m+	$1.92T
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$9.4B 0.60% of portfolio	2.45% 181.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.56T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$8.0B 0.51% of portfolio	2.09% 154.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
C Capital World Investors Institution	-	$7.4B 1.02% of portfolio	1.95% 144.4M shares	≤ Q2 2013 Held for 12y 5m+	$730.00B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$6.2B 0.68% of portfolio	1.61% 119.6M shares	≤ Q2 2013 Held for 12y 5m+	$912.31B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$5.3B 0.32% of portfolio	1.39% 102.6M shares	≤ Q2 2013 Held for 12y 5m+	$1.65T

Net Capital Flow

Institutional buying and selling activity for BAC in Q3 2025

Net Flow: +$3.3B
Buyers: 1,389
Sellers: 1,400
Total Bought: +$13.8B
Total Sold: −$10.5B
Avg Position: $86.7M

Biggest Buyers

Institution	Net Bought	Current Position
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	+$2.1B +40.2M shares	$2.4B 46.5M shares
B BlackRock, Inc. Institution	+$1.0B +19.9M shares	$27.6B 535.3M shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$863.9M +16.7M shares	$6.2B 119.6M shares
CITIGROUP INC Institution	+$757.3M +14.7M shares	$2.8B 53.4M shares
C Capital World Investors Institution	+$736.6M +14.3M shares	$7.4B 144.4M shares
GOLDMAN SACHS GROUP INC Institution	+$542.7M +10.5M shares	$2.8B 54.1M shares
D D. E. Shaw & Co., Inc. Institution	+$511.7M +9.9M shares	$856.2M 16.6M shares
STATE STREET CORP Institution	+$495.8M +9.6M shares	$15.5B 301.3M shares
Marshall Wace LLP Institution	+$434.4M +8.4M shares	$495.4M 9.6M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$369.8M +7.2M shares	$526.3M 10.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
BERKSHIRE HATHAWAY INC Institution	−$1.9B −37.2M shares	$29.3B 568.1M shares
VIKING GLOBAL INVESTORS LP Hedge Fund•Long/Short	−$1.0B −19.7M shares	$593.3M 11.5M shares
VANGUARD GROUP INC Institution	−$589.3M −11.4M shares	$32.4B 627.7M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	−$554.9M −10.8M shares	$3.9B 76.6M shares
BARCLAYS PLC Institution	−$490.8M −9.5M shares	$1.1B 21.0M shares
FRANKLIN RESOURCES INC Institution	−$469.9M −9.1M shares	$2.4B 47.3M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$260.2M −5.0M shares	$648.8M 12.6M shares
Invesco Ltd. ETF Provider	−$168.7M −3.3M shares	$3.2B 61.9M shares
SAMLYN CAPITAL, LLC Hedge Fund•Multi-Strategy	−$153.3M −3.0M shares	$331.3M 6.4M shares
PointState Capital LP Hedge Fund•Multi-Strategy	−$144.0M −3.0M shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BAC in Q3 2025

New Positions: 74
New Value: $179.4M
Exited Positions: 117
Exited Value: $699.0M

New Positions

Institution	Position Value
A ACTIAM N.V. Institution	$127.6M 2.5M shares
FJ Capital Management LLC Hedge Fund•Long/Short	$11.2M 216.4K shares
T TEMA ETFS LLC Institution	$6.3M 122.9K shares
T Torrey Growth & Income Advisors RIA/Wealth	$5.0M 96.1K shares
MARVIN & PALMER ASSOCIATES INC Hedge Fund•Long/Short	$3.5M 65.0K shares
Sheets Smith Investment Management RIA/Wealth	$2.4M 46.4K shares
S Stonegate Management LLC Institution	$2.2M 41.9K shares
E EHP Funds Inc. Institution	$1.3M 24.9K shares
S Sienna Gestion Institution	$1.3M 26.9K shares
V von Borstel & Associates, Inc. RIA/Wealth	$1.2M 23.3K shares

Exited Positions

Institution	Previous Position
PointState Capital LP Hedge Fund•Multi-Strategy	$144.0M 3.0M shares
B Bain Capital Public Equity Management II, LLC Institution	$117.0M 2.5M shares
MKP Capital Management, L.L.C. Hedge Fund•Global Macro	$81.1M 1.7M shares
Giverny Capital Inc. RIA/Wealth	$47.5M 1.0M shares
Jain Global LLC Hedge Fund•Multi-Strategy	$45.6M 963.4K shares
Weiss Asset Management LP Hedge Fund•Multi-Strategy	$44.8M 947.3K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$22.9M 484.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$20.6M 436.4K shares
P Parkwood LLC Institution	$14.5M 306.5K shares
T TCG Advisory Services, LLC RIA/Wealth	$13.7M 288.6K shares

Options Activity

Institutions with the largest Call and Put options positions in BAC as of Q3 2025

Call Positions: 78
Call Value: $4.1B
Put Positions: 82
Put Value: $6.1B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$734.7M 142.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$543.4M 105.3K contracts
J JANE STREET GROUP, LLC Institution	$482.3M 93.5K contracts
UBS Group AG Institution	$359.6M 69.7K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$250.6M 485.7 contracts
GOLDMAN SACHS GROUP INC Institution	$191.6M 37.1K contracts
BARCLAYS PLC Institution	$185.1M 35.9K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$156.9M 30.4K contracts
CITIGROUP INC Institution	$132.8M 25.7K contracts
W WOLVERINE TRADING, LLC Institution	$93.7M 17.9K contracts

Put Positions

Institution	Position Value
UBS Group AG Institution	$806.2M 156.3K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$701.8M 136.0K contracts
J JANE STREET GROUP, LLC Institution	$667.0M 129.3K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$558.8M 1.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$545.4M 105.7K contracts
GOLDMAN SACHS GROUP INC Institution	$454.4M 88.1K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$297.6M 57.7K contracts
CITIGROUP INC Institution	$268.7M 52.1K contracts
BARCLAYS PLC Institution	$179.0M 34.7K contracts
Walleye Trading LLC RIA/Wealth	$132.9M 25.8K contracts

Most Committed Institutions

Institutions with BAC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
DAILY JOURNAL CORP Institution	Steven Myhill-Jones CEO	39.34% $103.2M	0.03% 2.0M shares	Q4 2013 Held for 11y 11m	$262.2M
S SALZHAUER MICHAEL Institution	-	33.19% $64.7M	0.02% 1.3M shares	Q4 2013 Held for 11y 11m	$194.9M
Himalaya Capital Management LLC Hedge Fund•Value	Lu (Nmn) Li Chairman	16.66% $538.2M	0.14% 10.4M shares	Q1 2020 Held for 5y 8m	$3.2B
Spectrum Financial Alliance Ltd LLC RIA/Wealth	Brenda Sue Friedlander Owner	13.34% $54.4M	0.01% 1.1M shares	Q4 2022 Held for 2y 11m	$407.6M
Aquamarine Zurich AG RIA/Wealth	Jeff Chen-Yu Fang Managing Partner	12.82% $39.6M	0.01% 767.8K shares	Q3 2022 Held for 3y 2m	$309.0M
P PB INVESTMENT PARTNERS, L.P. Institution	-	11.46% $16.9M	0.00% 327.1K shares	Q4 2021 Held for 3y 11m	$147.3M
BERKSHIRE HATHAWAY INC Institution	Warren E. Buffett CEO	10.96% $29.3B	7.67% 568.1M shares	Q3 2017 Held for 8y 2m	$267.33B
T Teza Capital Management LLC Hedge Fund•Quant	Mikhail Victorovich Malyshev CEO	8.77% $1.6M	0.00% 31.4K shares	Q2 2024 Held for 1y 5m	$18.5M
VGI PARTNERS PTY Ltd Hedge Fund•Long/Short	Brendan John O'Connor CEO	7.45% $104.1M	0.03% 2.0M shares	Q4 2023 Held for 1y 11m	$1.4B
M Marathon Trading Investment Management LLC Institution	-	7.33% $17.0M	0.00% 330.0K shares	Q1 2022 Held for 3y 8m	$232.1M

Hedge Fund Spotlight

Discover hedge funds investing in BAC

One River Asset Management, LLC

Hedge Fund • Global Macro

Portfolio ManagerIan Andrew Malloch

Portfolio Value: $31.3M
Positions: 44
Last Reported: Q3 2025

Sector Allocation

Position in Bank of America

Market Value: $3.3K
Shares Held: 65.0
Portfolio Weight: 0.01%
Owned Since: 2025-Q3

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