Sumitomo Mitsui Trust Group, Inc., a registered investment adviser, initiated a new position in Bank of America Corporation (NYSE:BAC) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 16,334,615 shares of the Financial Services company, valued at approximately $898.4M as of the filing date.
Bank of America Corporation's stock currently trades at $51.76 with a market capitalization of $398.5B.
