undamentalytics Newsletter

Bank of America: which funds bought and sold

Institutions that bought and sold Bank of America shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 1,774 institutions that filed 13F reports for both quarters added to or opened positions in Bank of America, and 1,464 cut or closed them. Together they sold a net 50.5M shares, −0.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 58.1M shares (−3.6%); index fund managers were net buyers of 33.8M shares (+2.0%). 256 opened a new position and 122 sold out entirely.

Bought, Q2 2026 1,774 institutions, 256 of them new holders Sold, Q2 2026 1,464 institutions, 122 of them sold out
Net change, all compared −50.5M shares (−0.9%)
Net change, active managers −58.1M shares (−3.6%), 63 bought, 78 sold

Buyers versus sellers

institutions compared, 3,669
Active managers and hedge funds 63 bought · 78 sold · −58.1M
Index fund managers 8 bought · 4 sold · +33.8M
Other institutions 1,703 bought · 1,382 sold · −26.2M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Vanguard Capital Management LLC Index funds +12.1M +3.0% 421.8M $24B
Marshall Wace, LLP Hedge fund +10.7M +581.8% 12.5M $711M
Vanguard Portfolio Management LLC Index funds +8.9M +5.5% 172.3M $9.8B
Blackrock, Inc. Index funds +6.4M +1.2% 545.7M $31.1B
Victory Capital Management Inc Active manager +6.0M +23.8% 31.4M $1.8B
Morgan Stanley +5.9M +5.5% 114.6M $6.5B
Barclays PLC +5.9M +20.5% 34.6M $2B
Arrowstreet Capital, Limited Partnership Hedge fund +5.8M +52.9% 16.6M $948M
Massachusetts Financial Services Co Active manager +5.4M +54.4% 15.2M $884M
SG Americas Securities, LLC +4.9M +371.8% 6.2M $353M
State Street Corp Index funds +4.9M +1.7% 299.8M $17.1B
Harris Associates L P Active manager +4.2M +22.1% 23.1M $1.3B
Azora Capital LP Hedge fund +4.2M New position 4.2M $238M
Voloridge Investment Management, LLC Hedge fund +3.5M +187.2% 5.4M $305M
Railway Pension Investments Ltd +3.5M New position 3.5M $199M
GQG Partners LLC Active manager +3.2M New position 3.2M $180M
Vanguard Asset Management, Ltd +3.1M +26.3% 14.9M $851M
Jennison Associates LLC Active manager +2.9M +99.4% 5.7M $326M
Altshuler Shaham Ltd +2.7M New position 2.7M $151M
Vanguard Fiduciary Trust Co Index funds +2.5M +7.5% 36.6M $2.1B

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Berkshire Hathaway Inc Active manager −30.2M −5.9% 483.4M $27.5B
Capital World Investors Active manager −28.4M −19.7% 115.8M $6.6B
Citigroup Inc −22.6M −56.5% 17.4M $992M
Price T Rowe Associates Inc Active manager −12.1M −12.2% 87.5M $5B
Millennium Management LLC Hedge fund −11.5M −80.7% 2.8M $157M
FMR LLC Active manager −9.3M −4.7% 189.2M $10.8B
Amundi −5.8M −13.6% 36.6M $2.1B
UBS Group AG −5.0M −18.0% 22.5M $1.3B
Deutsche Bank Ag\ −4.7M −10.3% 41.4M $2.4B
Unisphere Establishment −4.6M −96.4% 170K $9.7M
Two Sigma Investments, LP Hedge fund −4.0M −64.1% 2.3M $128M
Capitolis Liquid Global Markets LLC −3.8M −37.5% 6.4M $362M
Caisse De Depot Et Placement Du Quebec −3.3M −43.4% 4.2M $242M
National Bank Of Canada −3.2M −31.9% 6.8M $390M
Omers Administration Corp −3.0M −60.3% 2.0M $112M
Himalaya Capital Management LLC Hedge fund −3.0M Sold out 0 —
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC −3.0M −6.4% 43.7M $2.5B
Qube Research & Technologies Ltd Hedge fund −2.7M −33.1% 5.5M $313M
Goldman Sachs Group Inc −2.7M −4.5% 56.9M $3.2B
BNP Paribas Financial Markets −2.7M −21.2% 9.9M $565M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Azora Capital LPHedge fund 4.2M $238M
Railway Pension Investments Ltd 3.5M $199M
GQG Partners LLCActive manager 3.2M $180M
Altshuler Shaham Ltd 2.7M $151M
Alberta Investment Management Corp 1.5M $84.2M
Junto Capital Management LPHedge fund 1.2M $70.2M
Cornerstone Advisors, LLC 555K $31.6M
Diversify Advisory Services, LLC 300K $18.6M
Polar Asset Management Partners Inc. 301K $17.1M
Quadrature Capital LtdHedge fund 264K $15.1M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Himalaya Capital Management LLCHedge fund 3.0M $146M
Freestone Grove Partners LPHedge fund 1.6M $77.9M
Renaissance Technologies LLCHedge fund 1.4M $67.5M
Bsn Capital Partners Ltd 1.0M $54.6M
Migdal Insurance & Financial Holdings Ltd. 730K $35.6M
Mizuho Markets Americas LLC 729K $35.5M
Tudor Investment Corp Et AlHedge fund 628K $30.6M
Optiver Holding B.V. 280K $13.7M
Vise Technologies, Inc. 215K $11.8M
Dupont Capital Management Corp 241K $11.8M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
3,598
Ten largest holders
49.2%
of 13F-reported shares
Index fund managers
32.8%
of 13F-reported shares
Active managers and hedge funds
28.6%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 63 78 11 9 −58.1M −3.6%
Index fund managers 8 4 0 0 +33.8M +2.0%
Other institutions 1,703 1,382 245 113 −26.2M −1.3%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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