CCLA Investment Management Acquires Over 2.2 Million Shares in Bank of America

The investment firm adds a major stake in the financial services giant during Q4 2025.

Apr. 9, 2026 at 8:56am

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A high-contrast, cinematic close-up of the heavy, industrial gears and mechanisms that make up the secure vault of a major bank, representing the tangible financial infrastructure that underpins the banking industry.A close-up of the complex machinery that powers the secure vaults of major financial institutions, underscoring the institutional strength behind Bank of America's operations.Charlotte Today

CCLA Investment Management, a prominent investment management firm, acquired a new position of 2,254,107 shares in Bank of America Corporation (NYSE: BAC) during the fourth quarter of 2025, according to a recent 13F filing with the SEC. The shares were valued at approximately $123.95 million, making Bank of America one of CCLA's top 25 holdings.

Why it matters

This significant purchase by CCLA Investment Management, a respected institutional investor, signals confidence in Bank of America's long-term prospects and the firm's belief that the bank's stock is undervalued. The move also highlights the continued institutional interest in major U.S. financial institutions despite economic headwinds.

The details

According to the 13F filing, CCLA Investment Management acquired the 2,254,107 shares of Bank of America in the fourth quarter of 2025. This new position makes up around 2.0% of CCLA's total investment portfolio, making Bank of America the firm's 23rd largest holding.

  • CCLA Investment Management acquired the Bank of America shares in the fourth quarter of 2025.
  • The 13F filing disclosing the purchase was submitted on April 9, 2026.

The players

CCLA Investment Management

A prominent investment management firm that has now taken a major stake in Bank of America Corporation.

Bank of America Corporation

One of the largest financial services providers in the United States, offering a wide range of banking, investment, and asset management products and services.

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The takeaway

This substantial investment by CCLA Investment Management underscores the firm's confidence in Bank of America's long-term growth potential and the continued institutional appetite for major U.S. financial institutions despite broader economic uncertainty.