Fintel reports that on October 18, 2024, Phillip Securities upgraded their outlook for Bank of America (BRSE:BAC) from Neutral to Accumulate.
What is the Fund Sentiment?
There are 4,235 funds or institutions reporting positions in Bank of America. This is an increase of 45 owner(s) or 1.07% in the last quarter. Average portfolio weight of all funds dedicated to BAC is 0.67%, an increase of 2.51%. Total shares owned by institutions increased in the last three months by 2.94% to 6,280,126K shares.
What are Other Shareholders Doing?
Berkshire Hathaway holds 1,032,852K shares representing 13.43% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 209,897K shares representing 2.73% ownership of the company. In its prior filing, the firm reported owning 210,263K shares , representing a decrease of 0.17%. The firm increased its portfolio allocation in BAC by 1.81% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 174,622K shares representing 2.27% ownership of the company. In its prior filing, the firm reported owning 173,507K shares , representing an increase of 0.64%. The firm decreased its portfolio allocation in BAC by 0.08% over the last quarter.
Jpmorgan Chase holds 147,816K shares representing 1.92% ownership of the company. In its prior filing, the firm reported owning 146,885K shares , representing an increase of 0.63%. The firm increased its portfolio allocation in BAC by 2.49% over the last quarter.
Geode Capital Management holds 138,556K shares representing 1.80% ownership of the company. In its prior filing, the firm reported owning 137,026K shares , representing an increase of 1.10%. The firm increased its portfolio allocation in BAC by 0.63% over the last quarter.
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