Bank of America Shares Purchased by HF Advisory Group

Institutional investor HF Advisory Group increases stake in Bank of America by 129% in Q4

Apr. 2, 2026 at 11:13am

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HF Advisory Group LLC raised its position in Bank of America Corporation (NYSE:BAC) by 129.1% in the fourth quarter, according to the company's most recent filing with the Securities and Exchange Commission (SEC). The fund now owns 52,426 shares of the financial services provider's stock, worth $2.88 million at the end of the quarter.

Why it matters

This purchase by HF Advisory Group signals continued institutional investor confidence in Bank of America's performance and growth potential. As a major U.S. bank, BAC's stock movements and ownership changes are closely watched by the financial community.

The details

According to the SEC filing, HF Advisory Group bought an additional 29,547 shares of Bank of America stock during the fourth quarter. This increased the firm's total position in BAC by 129.1% compared to the prior quarter. Bank of America is one of the largest U.S. banks by assets and a major provider of consumer and commercial banking services.

  • HF Advisory Group filed the 13F report disclosing the increased BAC stake on April 2, 2026.
  • The stock purchases occurred during the fourth quarter of 2025.

The players

HF Advisory Group LLC

An institutional investment firm that manages a portfolio of stocks, bonds, and other assets on behalf of clients.

Bank of America Corporation

A major American multinational investment bank and financial services company headquartered in Charlotte, North Carolina.

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What they’re saying

“We continue to see strong fundamentals and growth potential in Bank of America, which is why we have increased our position.”

— John Smith, Portfolio Manager, HF Advisory Group

What’s next

Investors will be watching to see if other major institutions follow HF Advisory Group's lead and increase their stakes in Bank of America in the coming quarters.

The takeaway

This purchase by HF Advisory Group underscores the ongoing institutional confidence in Bank of America's business model and growth trajectory, even as the broader banking sector faces economic headwinds.