BAC · News · 20260920N

Strategic Investment Portfolio

BANK OF AMERICA CORP /DE/ · 2026-09-20 · Importance 52 · Surprise 42

Bank of America acquired or expanded positions in at least 29 publicly traded companies during the second quarter, with reported holdings totaling approximately $2.1 billion. Individual investments included $84.56 million in WesBanco, $83.33 million in Commerce Bancshares, $80.6 million in AES, $79.55 million in Rexford Industrial Realty, and $77.6 million in Leidos. The portfolio also included financial institutions such as United Bankshares, Glacier Bancorp, Pinnacle Financial Partners, and Sun Life Financial, alongside companies including Match Group, lululemon, Wynn Resorts, and Penske Automotive Group. Several investee companies reported quarterly earnings, dividends, or buyback activity, but the digest did not identify a specific strategic rationale or change to Bank of America’s operating segments.

Key facts

• Bank of America Corp DE purchased 2.17 million shares of WesBanco, Inc. valued at approximately $84.56 million, representing a 2.26% stake. source
• Bank of America Corp DE acquired 1,413,963 shares in United Bankshares, Inc. valued at approximately $64.8 million, giving it a 1.04% stake. source
• Bank of America Corp DE acquired 2.37 million shares of Rexford Industrial Realty, Inc. worth approximately $79.55 million, representing a 1.06% ownership. source
• Bank of America Corp DE acquired 1.44 million shares of Commerce Bancshares, Inc. for $83.33 million and now owns 1.01% of the company. source
• Bank of America Corp DE purchased 889,886 shares of Sun Life Financial Inc. valued at approximately $69.8 million. source
• Bank of America Corp DE purchased 294,468 shares of Eagle Materials Inc valued at approximately $66.3 million, representing a 0.96% ownership. source
• Bank of America Corp DE acquired 702,763 shares of Loews Corporation valued at approximately $79.56 million. source
• Bank of America Corp DE acquired 1,215,951 shares of Glacier Bancorp, Inc. valued at approximately $62.7 million. source