Which funds own BAC
Bank of Amer Corp in the Q2 2026 filings. At least 29 of the 91 current managers on file reported a position, worth $64.0bn between them. At least a fifth of the current managers on file hold it, which is a crowd without being the whole market. The quarter went the other way: 19 managers trimmed or sold out against 13 buying.
- Managers holding
- 29
- at least, of 91 current
- Combined value
- $64.0bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 12
- already held
- Trimmed or sold out
- 19
- 3 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Berkshire Hathaway Inc Long-only · $299bn book | $27.5bn | 9.2% | 483,394,015 | +$2.5bn-30,230,150 | Trimmed |
| Fidelity (FMR LLC) Long-only · $2304bn book | $10.8bn | 0.5% | 189,182,396 | +$1.1bn-9,302,221 | Trimmed |
| Capital World Investors Long-only · $846bn book | $6.6bn | 0.8% | 115,849,982 | -$430m-28,439,414 | Trimmed |
| T. Rowe Price Associates Inc Long-only · $999bn book | $5.0bn | 0.5% | 87,461,776 | +$129m-12,120,011 | Trimmed |
| Invesco Ltd Long-only · $1264bn book | $3.3bn | 0.3% | 58,326,004 | +$355m-2,567,015 | Trimmed |
| Wellington Management Group LLP Long-only · $580bn book | $2.5bn | 0.4% | 44,077,493 | +$238m-2,552,396 | Trimmed |
| AllianceBernstein LP Long-only · $302bn book | $1.3bn | 0.4% | 27,556,792 | -$37m+2,451,712 | Added |
| Harris Associates LP Value · $75.4bn book | $1.3bn | 1.7% | 23,090,903 | +$394m+4,183,044 | Added |
| Arrowstreet Capital LP Quantitative · $225bn book | $948m | 0.4% | 16,638,101 | +$418m+5,757,049 | Added |
| MFS Investment Management Long-only · $315bn book | $884m | 0.3% | 15,187,077 | +$398m+5,353,770 | Added |
| Marshall Wace LLP Quantitative · $127bn book | $711m | 0.6% | 12,483,467 | +$622m+10,652,635 | Added |
| AQR Capital Management LLC Quantitative · $287bn book | $568m | 0.2% | 9,961,033 | +$97m+180,655 | Added |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $427m | 0.5% | 7,497,850 | +$52m-205,466 | Trimmed |
| Neuberger Berman Group LLC Long-only · $150bn book | $398m | 0.3% | 6,976,270 | +$34m-494,623 | Trimmed |
| Man Group PLC Quantitative · $62.7bn book | $339m | 0.5% | 5,939,843 | +$154m+2,157,188 | Added |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $305m | 1.3% | 5,354,790 | +$214m+3,490,101 | Added |
| D. E. Shaw & Co. Quantitative · $210bn book | $242m | 0.1% | 4,249,808 | -$8.2m-885,104 | Trimmed |
| Point72 Asset Management LP Multi-strategy · $90.7bn book | $179m | 0.2% | 3,143,878 | -$600k-543,751 | Trimmed |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $152m | 0.2% | 2,674,239 | +$8.8m-270,417 | Trimmed |
| Caxton Associates LLP Macro · $5.3bn book | $115m | 2.2% | 2,020,979 | +$114m+1,995,267 | Added |
| Dodge & Cox Value · $191bn book | $99m | 0.1% | 1,741,970 | +$11m-77,595 | Trimmed |
| Woodline Partners LP Long/short equity · $32.4bn book | $82m | 0.3% | 1,439,823 | +$18m+131,680 | Added |
| Bridgewater Associates LP Macro · $24.4bn book | $58m | 0.2% | 1,020,674 | +$7.3m-22,223 | Trimmed |
| Holocene Advisors LP Long/short equity · $44.4bn book | $54m | 0.1% | 944,744 | +$20m+252,553 | Added |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $26m | 0.2% | 463,648 | +$18m+284,724 | Added |
| GAMCO Investors Inc Activist · $11.1bn book | $25m | 0.2% | 437,223 | +$3.1m-10,399 | Trimmed |
| Moore Capital Management LP Macro · $6.7bn book | $12m | 0.2% | 215,880 | -$68m-1,430,840 | Trimmed |
| Quantbot Technologies LP Quantitative · $2.5bn book | $4.3m | 0.2% | 75,415 | -$800k-28,722 | Trimmed |
| Ruane Cunniff & Goldfarb LP Value · $6.4bn book | $200k | 0.0% | 3,625 | opened3,625 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Freestone Grove Partners LP · Multi-strategy$78m held before
- Renaissance Technologies LLC · Quantitative$68m held before
- Rokos Capital Management LLP · Macro$17m held before
Ownership through time
At least 37 of the 95 managers whose filings are on file listed BAC in Q2 2026, against 23 in Q2 2013. 2 managers fewer than in Q1 2026: 3 started positions; 2 sold out, by their own filings; 3 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 23
- Q3 2013: 23
- Q4 2013: 28
- Q1 2014: 24
- Q2 2014: 24
- Q3 2014: 21
- Q4 2014: 23
- Q1 2015: 26
- Q2 2015: 24
- Q3 2015: 22
- Q4 2015: 30
- Q1 2016: 26
- Q2 2016: 26
- Q3 2016: 31
- Q4 2016: 47
- Q1 2017: 39
- Q2 2017: 39
- Q3 2017: 40
- Q4 2017: 37
- Q1 2018: 38
- Q2 2018: 34
- Q3 2018: 34
- Q4 2018: 33
- Q1 2019: 34
- Q2 2019: 33
- Q3 2019: 31
- Q4 2019: 29
- Q1 2020: 34
- Q2 2020: 38
- Q3 2020: 33
- Q4 2020: 36
- Q1 2021: 33
- Q2 2021: 30
- Q3 2021: 28
- Q4 2021: 30
- Q1 2022: 39
- Q2 2022: 40
- Q3 2022: 36
- Q4 2022: 33
- Q1 2023: 32
- Q2 2023: 37
- Q3 2023: 36
- Q4 2023: 34
- Q1 2024: 35
- Q2 2024: 35
- Q3 2024: 43
- Q4 2024: 43
- Q1 2025: 40
- Q2 2025: 44
- Q3 2025: 44
- Q4 2025: 41
- Q1 2026: 39
- Q2 2026: 37
- Q2 2013: $11.7bn
- Q3 2013: $14.0bn
- Q4 2013: $16.4bn
- Q1 2014: $18.3bn
- Q2 2014: $15.4bn
- Q3 2014: $18.1bn
- Q4 2014: $19.9bn
- Q1 2015: $17.7bn
- Q2 2015: $20.9bn
- Q3 2015: $18.3bn
- Q4 2015: $20.1bn
- Q1 2016: $16.6bn
- Q2 2016: $15.7bn
- Q3 2016: $19.4bn
- Q4 2016: $28.2bn
- Q1 2017: $28.6bn
- Q2 2017: $29.8bn
- Q3 2017: $46.9bn
- Q4 2017: $55.0bn
- Q1 2018: $54.0bn
- Q2 2018: $50.5bn
- Q3 2018: $56.7bn
- Q4 2018: $48.3bn
- Q1 2019: $54.6bn
- Q2 2019: $58.3bn
- Q3 2019: $56.8bn
- Q4 2019: $67.0bn
- Q1 2020: $40.4bn
- Q2 2020: $45.8bn
- Q3 2020: $48.3bn
- Q4 2020: $60.7bn
- Q1 2021: $77.6bn
- Q2 2021: $83.1bn
- Q3 2021: $81.4bn
- Q4 2021: $82.8bn
- Q1 2022: $74.0bn
- Q2 2022: $54.7bn
- Q3 2022: $53.0bn
- Q4 2022: $59.0bn
- Q1 2023: $50.5bn
- Q2 2023: $49.0bn
- Q3 2023: $46.0bn
- Q4 2023: $56.6bn
- Q1 2024: $64.4bn
- Q2 2024: $68.9bn
- Q3 2024: $60.8bn
- Q4 2024: $63.8bn
- Q1 2025: $59.8bn
- Q2 2025: $67.4bn
- Q3 2025: $72.1bn
- Q4 2025: $68.5bn
- Q1 2026: $59.5bn
- Q2 2026: $64.8bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
- PDT Partners LLC$1.7m
- Winton Group Ltd$1.2m
- Ruane Cunniff & Goldfarb LP$207k
Largest increases, by shares
- Marshall Wace LLP1,830,832 to 12,483,467 shares+$607m
- Arrowstreet Capital LP10,881,052 to 16,638,101 shares+$328m
- MFS Investment Management9,833,307 to 15,187,077 shares+$312m
- Harris Associates LP18,907,859 to 23,090,903 shares+$238m
- Voloridge Investment Management LLC1,864,689 to 5,354,790 shares+$199m
Largest decreases, by shares
- Berkshire Hathaway Inc513,624,165 to 483,394,015 shares-$1.7bn
- Capital World Investors144,289,396 to 115,849,982 shares-$1.6bn
- T. Rowe Price Associates Inc99,581,787 to 87,461,776 shares-$691m
- Millennium Management LLC14,269,820 to 2,755,267 shares-$656m
- Fidelity (FMR LLC)198,484,617 to 189,182,396 shares-$530m
Left it
- Freestone Grove Partners LPwas $78m
- Renaissance Technologies LLCwas $68m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Berkshire Hathaway Inc | Q3 2017 | $44.9bn | $27.5bn | |
| Fidelity (FMR LLC) | Q2 2013 | $11.8bn | $10.8bn | |
| Capital World Investors | Q2 2013 | $7.8bn | $6.6bn | |
| T. Rowe Price Associates Inc | Q2 2013 | $6.8bn | $5.0bn | |
| Invesco Ltd | Q2 2013 | $3.3bn | $3.3bn | |
| Wellington Management Group LLP | Q2 2013 | $8.2bn | $2.5bn | |
| AllianceBernstein LP | Q2 2013 | $1.7bn | $1.3bn | |
| Harris Associates LP | Q2 2013 | $2.9bn | $1.3bn | |
| Arrowstreet Capital LP | Q3 2018 | $1.2bn | $948m | |
| MFS Investment Management | Q2 2013 | $1.0bn | $884m | |
| Marshall Wace LLP | Q3 2016 | $711m | $711m | |
| AQR Capital Management LLC | Q2 2013 | $568m | $568m | |
| Acadian Asset Management LLC | Q3 2013 | $427m | $427m | |
| Neuberger Berman Group LLC | Q3 2016 | $611m | $398m | |
| Man Group PLC | Q1 2018 | $338m | $338m | |
| Viking Global Investors LP | Q3 2013 | $1.5bn | last listed Q4 2025 | |
| Susquehanna International Group LLP | Q2 2013 | $1.5bn | last listed Q4 2024 | |
| Citadel Advisors LLC | Q4 2015 | $1.1bn | last listed Q4 2024 | |
| Egerton Capital UK LLP | Q4 2013 | $635m | last listed Q3 2018 | |
| Two Sigma Advisers LP | Q4 2015 | $635m | last listed Q4 2025 | |
| Coatue Management LLC | Q4 2016 | $537m | last listed Q4 2017 | |
| Steadfast Capital Management LP | Q3 2013 | $535m | last listed Q4 2020 | |
| Appaloosa LP | Q1 2016 | $506m | last listed Q4 2018 | |
| Lone Pine Capital LLC | Q4 2016 | $479m | last listed Q4 2016 | |
| Third Point LLC | Q4 2016 | $387m | last listed Q3 2017 |
Reported as options rather than shares
A put or a call on a name is not a position in it, and the filing states the notional rather than what the option cost. These lines are listed apart for that reason and are not counted in anything above.
- Balyasny Asset Management LLC · puts$102m notional
- Brevan Howard Capital Management LP · puts$38m notional
- Walleye Capital LLC · calls$35m notional
- Brevan Howard Capital Management LP · calls$9.9m notional
What BAC is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around BAC →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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