Bank of America Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Institutional investor reduces stake in major U.S. bank

Published on Mar. 8, 2026

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Grantham Mayo Van Otterloo & Co. LLC, a major institutional investor, lowered its position in Bank of America Corporation (NYSE:BAC) by 11.1% in the third quarter, according to a recent SEC filing. The firm now owns 1,048,500 shares of the financial services provider's stock, valued at $54,092,000 as of the filing.

Why it matters

Bank of America is one of the largest banks in the United States, and changes in institutional ownership can signal shifts in market sentiment around the company. This reduction in Grantham Mayo Van Otterloo's stake could indicate broader concerns about the bank's performance or outlook.

The details

According to the 13F filing, Grantham Mayo Van Otterloo & Co. LLC sold 130,725 shares of Bank of America stock during the third quarter. The firm now holds 1,048,500 shares, down from 1,179,225 shares previously. Bank of America's stock price has fluctuated in recent months, with shares trading between $33.06 and $57.55 over the past 52 weeks.

  • Grantham Mayo Van Otterloo & Co. LLC filed its 13F report for the third quarter of 2026.
  • The firm sold 130,725 shares of Bank of America stock during that quarter.

The players

Grantham Mayo Van Otterloo & Co. LLC

A major institutional investment management firm.

Bank of America Corporation

One of the largest banks in the United States, providing a wide range of financial services to consumers, businesses, and institutional investors.

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