Who Owns Bank of America Stock?
NYSE: BACFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
After hours: 54.35 +0.05%
Ownership breakdown
- Held by institutions
- 71.21%
- Held by insiders
- 7.03%
- Institutional holders
- 4,520
- Institutions 71.2%
- Insiders 7.0%
- Public and other 21.8%
Who owns Bank of America stock?
Institutional investors own about 71.2% of Bank of America's shares, spread across 4,520 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 7.03% of BAC.
The largest institutional holders are Blackrock Inc. (7.80%), Berkshire Hathaway, Inc (6.91%) and Vanguard Capital Management LLC (6.03%). Together, the top 10 institutions control 37.6% of shares outstanding. In their latest filings, 5 of the top 10 institutions increased their BAC positions and 5 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of BAC
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 545.68M | 7.80% | +1.2% |
| Berkshire Hathaway, Inc | 483.39M | 6.91% | -5.9% |
| Vanguard Capital Management LLC | 421.83M | 6.03% | +3.0% |
| State Street Corporation | 299.78M | 4.29% | +1.6% |
| FMR, LLC | 189.18M | 2.71% | -4.7% |
| Vanguard Portfolio Management LLC | 172.34M | 2.46% | +5.5% |
| Geode Capital Management, LLC | 157.61M | 2.25% | -0.2% |
| JPMORGAN CHASE & CO | 131.58M | 1.88% | -0.5% |
| Capital World Investors | 115.85M | 1.66% | -19.7% |
| Morgan Stanley | 114.60M | 1.64% | +5.5% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of BAC
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 202.76M | 2.90% |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 169.15M | 2.42% |
| iShares Trust-iShares Core S&P 500 ETF | 86.94M | 1.24% |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 84.75M | 1.21% |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 79.87M | 1.14% |
| WASHINGTON MUTUAL INVESTORS FUND | 63.63M | 0.91% |
| VANGUARD INDEX FUNDS-Vanguard Value Index Fund | 60.79M | 0.87% |
| SELECT SECTOR SPDR TRUST-State Street Financial Select Sector SPDR ETF | 43.75M | 0.63% |
| VANGUARD SPECIALIZED FUNDS-Vanguard Dividend Appreciation Index Fund | 36.94M | 0.53% |
| VANGUARD INSTITUTIONAL INDEX FUNDS-Vanguard Institutional Index Fund | 35.44M | 0.51% |
Frequently asked questions
Who is the largest shareholder of Bank of America?
Blackrock Inc. is the largest institutional shareholder of BAC, owning 7.80% of shares outstanding (545.68M shares) as of its latest 13F filing.
What percentage of Bank of America is owned by institutions?
Institutions own about 71.2% of BAC shares and 76.6% of the public float.
How much of Bank of America do insiders own?
Insiders, such as officers and directors, own about 7.03% of BAC shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.