Ceredex Value Advisors Trims Stake in Bank of America

Institutional investor reduces holdings in major financial services provider

Published on Mar. 10, 2026

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Ceredex Value Advisors LLC, an institutional investor, has trimmed its stake in Bank of America Corporation (NYSE:BAC) by 27.4% in the 3rd quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 860,746 shares of the financial services provider's stock, down from 1,185,340 shares previously.

Why it matters

This move by Ceredex Value Advisors reflects broader trends in the financial services industry, as institutional investors adjust their portfolios in response to market conditions and economic factors. Bank of America is a major player in the banking and financial services sector, so changes in its shareholder base can provide insights into the overall health and direction of the industry.

The details

According to the 13F filing, Ceredex Value Advisors sold 324,594 shares of Bank of America stock during the 3rd quarter. The firm's remaining stake in the company is valued at $44,406,000, representing 1.0% of its total holdings. The sale represents a 17.99% decrease in Ceredex's position in Bank of America.

  • Ceredex Value Advisors filed the 13F report in the 3rd quarter of 2026.

The players

Ceredex Value Advisors LLC

An institutional investor and asset management firm that manages a portfolio of investments, including a stake in Bank of America Corporation.

Bank of America Corporation

A multinational financial services company headquartered in Charlotte, North Carolina, providing a range of banking, investment, and asset management services to individual consumers, businesses, and institutional investors.

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The takeaway

This reduction in Ceredex's stake in Bank of America is a reflection of the firm's portfolio management strategy and the broader trends in the financial services industry. Investors will likely continue to monitor changes in the shareholder base of major banks and financial institutions as an indicator of market sentiment and industry performance.