Bank of America Corporation $BAC Shares Sold by Holocene Advisors LP

NodeGuardian · 2026-03-20T16:40:19+00:00

Holocene Advisors LP cut its Bank of America stake by 40.3%, selling over 1.3 million shares, while other hedge funds boosted their investments. The article discusses the bank's financial results, dividends, insider sales, and varied analyst outlook.

NodeGuardian

2026-03-20 16:40:19

Abstract generation in progress

Holocene Advisors LP significantly reduced its stake in Bank of America Corporation ($BAC) by 40.3% in the third quarter, selling 1,392,675 shares. Despite this, other hedge funds increased their positions, and 70.71% of the stock is held by institutional investors. The article also details Bank of America’s recent financial performance, dividend announcement, insider stock sales, and mixed analyst sentiment regarding the company’s future.

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