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Institutional Ownership · SEC Form 13F

Who owns BAC (BAC)


Which tracked institutional funds hold BAC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BAC company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

3,459
Institutional holders
5,434,599,308
Shares held (tracked funds)
75.4%
Of shares outstanding

How the tape is positioned

The tracked-fund tape on BAC is one-sided between 2025-Q4 and 2026-Q1: 319 added or opened and 1396 trimmed or exited — on balance reducing.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

BAC’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.5% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in BAC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 3443 tracked filers holding BAC, 1539 increased or opened the position and 1860 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in BAC between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 103

  • VANGUARD CAPITAL MANAGEMENT LLC$20.0B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$8.0B
  • VANGUARD FIDUCIARY TRUST CO$1.7B
  • Vanguard Global Advisers, LLC$673M
  • VANGUARD ASSET MANAGEMENT, Ltd$576M
  • CAPITOLIS LIQUID GLOBAL MARKETS LLC$496M

Full exits 152

  • VANGUARD GROUP INC$35.8B
  • Capitolis Liquid Global Markets LLC$682M
  • Brandywine Global Investment Management, LLC$328M
  • VIKING GLOBAL INVESTORS LP$247M
  • ONTARIO TEACHERS PENSION PLAN BOARD$150M
  • CCLA Investment Management$124M

Largest adds

  • CITIGROUP INC$624M
  • MILLENNIUM MANAGEMENT LLC$562M
  • FRANKLIN RESOURCES INC$423M
  • TWO SIGMA INVESTMENTS, LP$396M
  • BARCLAYS PLC$233M
  • JONES FINANCIAL COMPANIES LLLP$224M

Largest trims

  • BlackRock, Inc.$3.8B
  • BERKSHIRE HATHAWAY INC$3.4B
  • JPMORGAN CHASE & CO$2.6B
  • FMR LLC$2.1B
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$2.0B
  • STATE STREET CORP$2.0B

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BlackRock, Inc. trimmed531,301,117$25.9B10.0%2026-Q1
BERKSHIRE HATHAWAY INC trimmed513,624,165$25.0B9.6%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new409,704,665$20.0B7.7%2026-Q1
STATE STREET CORP trimmed294,909,309$14.4B5.5%2026-Q1
FMR LLC trimmed198,484,617$9.7B3.7%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new163,431,813$8.0B3.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added157,925,189$7.7B2.9%2026-Q1
Capital World Investors added144,289,396$7.0B2.7%2026-Q1
JPMORGAN CHASE & CO trimmed132,271,796$6.2B2.4%2026-Q1
MORGAN STANLEY trimmed108,670,801$5.3B2.0%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ trimmed99,581,787$4.9B1.9%2026-Q1
NORGES BANK added111,349,046$4.6B1.8%2026-Q1
FRANKLIN RESOURCES INC added73,067,991$3.6B1.4%2026-Q1
NORTHERN TRUST CORP trimmed63,136,722$3.1B1.2%2026-Q1
Invesco Ltd. added60,484,160$2.9B1.1%2026-Q1
GOLDMAN SACHS GROUP INC added59,609,158$2.9B1.1%2026-Q1
Fisher Asset Management, LLC added57,349,020$2.8B1.1%2026-Q1
AMERIPRISE FINANCIAL INC trimmed56,760,414$2.8B1.1%2026-Q1
Capital International Investors added46,871,738$2.3B0.9%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added46,699,224$2.3B0.9%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP trimmed46,607,308$2.3B0.9%2026-Q1
DEUTSCHE BANK AG\ trimmed46,138,066$2.2B0.9%2026-Q1
Sanders Capital, LLC trimmed45,167,159$2.2B0.8%2026-Q1
Legal & General Group Plc trimmed44,875,806$2.2B0.8%2026-Q1
ROYAL BANK OF CANADA added44,329,326$2.2B0.8%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added44,138,442$2.2B0.8%2026-Q1
Amundi added42,385,115$2.1B0.8%2026-Q1
Bank of New York Mellon Corp trimmed40,965,635$2.0B0.8%2026-Q1
CITIGROUP INC added39,987,658$1.9B0.7%2026-Q1
VANGUARD FIDUCIARY TRUST CO new34,074,632$1.7B0.6%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed33,072,837$1.6B0.6%2026-Q1
WELLS FARGO & COMPANY/MN trimmed32,588,899$1.6B0.6%2026-Q1
DIMENSIONAL FUND ADVISORS LP added31,135,112$1.5B0.6%2026-Q1
BARCLAYS PLC added28,705,101$1.4B0.5%2026-Q1
ALLIANCEBERNSTEIN L.P. added25,105,080$1.4B0.5%2026-Q1
UBS Group AG trimmed27,456,463$1.3B0.5%2026-Q1
VICTORY CAPITAL MANAGEMENT INC trimmed25,400,756$1.2B0.5%2026-Q1
Nuveen, LLC trimmed24,746,308$1.2B0.5%2026-Q1
BANK OF MONTREAL /CAN/ trimmed20,608,338$1.0B0.4%2026-Q1
HARRIS ASSOCIATES L P trimmed18,907,859$922M0.4%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added18,484,065$901M0.3%2026-Q1
California Public Employees Retirement System trimmed18,221,359$888M0.3%2026-Q1
National Pension Service added15,490,057$755M0.3%2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd. added15,477,022$755M0.3%2026-Q1
Sumitomo Mitsui Trust Group, Inc. trimmed15,252,703$744M0.3%2026-Q1
HSBC HOLDINGS PLC trimmed15,164,144$738M0.3%2026-Q1
PARNASSUS INVESTMENTS, LLC trimmed14,808,834$722M0.3%2026-Q1
PRINCIPAL FINANCIAL GROUP INC added14,412,163$703M0.3%2026-Q1
MILLENNIUM MANAGEMENT LLC added14,269,820$696M0.3%2026-Q1
Vanguard Global Advisers, LLC new13,813,318$673M0.3%2026-Q1
Clearbridge Investments, LLC trimmed12,911,597$629M0.2%2026-Q1
BESSEMER GROUP INC added12,684,977$618M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added12,583,231$613M0.2%2026-Q1
Swedbank AB added12,484,428$609M0.2%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed12,129,999$591M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new11,822,490$576M0.2%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added11,797,936$575M0.2%2026-Q1
RHUMBLINE ADVISERS trimmed11,685,823$570M0.2%2026-Q1
BARROW HANLEY MEWHINNEY & STRAUSS LLC trimmed11,229,035$547M0.2%2026-Q1
LAZARD ASSET MANAGEMENT LLC added11,090,814$541M0.2%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed10,881,052$530M0.2%2026-Q1
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed10,437,623$509M0.2%2026-Q1
CAPITOLIS LIQUID GLOBAL MARKETS LLC new10,168,215$496M0.2%2026-Q1
NATIONAL BANK OF CANADA /FI/ added10,049,780$490M0.2%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed9,833,307$487M0.2%2026-Q1
FIRST TRUST ADVISORS LP added9,952,583$485M0.2%2026-Q1
AQR CAPITAL MANAGEMENT LLC added9,776,031$471M0.2%2026-Q1
AMF Tjanstepension AB added9,562,619$466M0.2%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added8,978,547$438M0.2%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed8,848,231$431M0.2%2026-Q1
Boston Partners added8,838,991$431M0.2%2026-Q1
LPL Financial LLC trimmed8,659,709$422M0.2%2026-Q1
NEW YORK STATE COMMON RETIREMENT FUND trimmed8,557,761$417M0.2%2026-Q1
Russell Investments Group, Ltd. added8,374,682$406M0.2%2026-Q1
KBC Group NV trimmed8,273,204$403M0.2%2026-Q1
Qube Research & Technologies Ltd added8,203,562$400M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added8,177,279$398M0.2%2026-Q1
ACADIAN ASSET MANAGEMENT LLC added7,703,316$376M0.1%2026-Q1
Caisse de depot et placement du Quebec added7,502,558$366M0.1%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed7,470,893$364M0.1%2026-Q1
KING LUTHER CAPITAL MANAGEMENT CORP trimmed7,339,685$358M0.1%2026-Q1
Eurizon Capital SGR S.p.A. added7,201,606$348M0.1%2026-Q1
AVIVA PLC added7,095,518$346M0.1%2026-Q1
Ensign Peak Advisors, Inc added7,079,664$345M0.1%2026-Q1
US BANCORP \DE\ trimmed7,032,228$343M0.1%2026-Q1
PINEBRIDGE INVESTMENTS LLC added6,882,178$336M0.1%2026-Q1
Baird Financial Group, Inc. added6,833,405$333M0.1%2026-Q1
NATIXIS ADVISORS, LLC trimmed6,787,791$331M0.1%2026-Q1
FIFTH THIRD BANCORP added6,741,750$329M0.1%2026-Q1
HighTower Advisors, LLC trimmed6,574,113$320M0.1%2026-Q1
PZENA INVESTMENT MANAGEMENT LLC trimmed6,422,754$313M0.1%2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C. trimmed6,399,373$312M0.1%2026-Q1
JONES FINANCIAL COMPANIES LLLP added6,537,754$308M0.1%2026-Q1
DekaBank Deutsche Girozentrale6,319,991$307M0.1%2026-Q1
VANGUARD GROUP INC added651,058,822$35.8B13.8%2025-Q4 stale
Alphinity Investment Management Pty Ltd trimmed18,816,185$785M0.3%2025-Q1 stale
Capitolis Liquid Global Markets LLC trimmed12,406,855$682M0.3%2025-Q4 stale
Alyeska Investment Group, L.P. added6,838,510$353M0.1%2025-Q3 stale
Brandywine Global Investment Management, LLC trimmed5,972,520$328M0.1%2025-Q4 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership