Barrow Hanley Mewhinney & Strauss Reduces Stake in Bank of America

The investment firm decreased its position in the financial services provider by 0.8% in the third quarter.

Published on Mar. 11, 2026

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Barrow Hanley Mewhinney & Strauss LLC, an institutional investor, decreased its position in shares of Bank of America Corporation (NYSE:BAC) by 0.8% in the third quarter, according to the company's recent Form 13F filing with the Securities & Exchange Commission. The firm now owns 12,479,365 shares of the financial services provider's stock, valued at approximately $643,810,000, making it Bank of America's 9th biggest position.

Why it matters

This filing provides insight into the investment strategies and portfolio changes of a major institutional investor. Tracking the positions and trades of large investors can help other investors and analysts understand broader market trends and sentiments.

The details

According to the 13F filing, Barrow Hanley Mewhinney & Strauss sold 99,696 shares of Bank of America stock during the third quarter. The firm now owns approximately 0.17% of Bank of America's outstanding shares. Bank of America makes up around 2.1% of Barrow Hanley Mewhinney & Strauss's total investment portfolio.

  • Barrow Hanley Mewhinney & Strauss filed its 13F report for the third quarter of 2026.

The players

Barrow Hanley Mewhinney & Strauss LLC

An institutional investment management firm that provides investment advisory services.

Bank of America Corporation

A multinational financial services company headquartered in Charlotte, North Carolina that provides a broad array of banking, investment, asset management, and related financial and risk management products and services.

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The takeaway

This filing highlights the ongoing portfolio adjustments and investment decisions of a major institutional investor like Barrow Hanley Mewhinney & Strauss. Tracking such changes can provide valuable insights into market sentiment and investment trends.