13F-HR: Bank of America Discloses Q3 2025 Holdings

Bank of America Corp. filed its Q3 2025 13F-HR report, revealing over $1.47 trillion in managed assets across 29,308 holdings.

Summary

• Bank of America Corp. /DE/ submitted a Form 13F Holdings Report for the calendar quarter ended September 30, 2025.
• The report details the institutional investment holdings managed by Bank of America and its 8 included managers.
• The total number of individual securities holdings entries reported is 29,308.
• The aggregate fair market value of these reported holdings is approximately $1,474,446,686,122.

Sentiment

Score: 7

Explanation: The filing is a routine, mandatory disclosure of holdings, indicating a large and active investment management operation. It doesn't contain positive or negative news in itself, but the sheer scale of assets under management is a positive indicator of the firm's market presence and operational capacity.

Positives

• Disclosure of a substantial portfolio value, indicating significant assets under management totaling over $1.47 trillion.
• Comprehensive reporting across 29,308 holdings and 8 included managers, demonstrating broad investment activity.

Future Outlook

This filing is a historical disclosure of holdings and does not contain forward-looking statements or guidance regarding future performance or strategic direction.

Management Comments

• The person signing the report represents that they are authorized to submit it, and that all information contained herein is true, correct, and complete.

Industry Context

Form 13F filings are standard quarterly disclosures by institutional investment managers with over $100 million in assets under management, providing transparency into their equity portfolios. Bank of America's substantial reported value reflects its position as a major financial institution and asset manager in the competitive investment landscape, consistent with its peers.

Comparison to Industry Standards

• As a major financial institution, Bank of America's filing of a 13F-HR report with over $1.47 trillion in managed assets is consistent with the scale and scope of other large institutional investors and asset managers such as BlackRock, Vanguard, and Fidelity, which also routinely disclose multi-trillion dollar portfolios.
• The number of holdings (29,308) indicates a highly diversified investment strategy, typical for a firm of this size managing a wide array of client portfolios and investment vehicles.

Stakeholder Impact

• Shareholders: Provides transparency into the company's managed equity portfolio, offering insight into investment strategies and the scale of its asset management operations.
• Regulatory Authorities: Fulfills mandatory disclosure requirements, ensuring compliance with SEC regulations for institutional investment managers.
• Investment Professionals: Offers data for market analysis, tracking of institutional investment trends, and understanding the portfolio composition of a major financial institution.

Next Steps

• The next Form 13F-HR filing will cover the quarter ending December 31, 2025, and is typically due 45 days after quarter-end.

Key Dates

Recommendation

This Form 13F-HR filing is a standard quarterly disclosure of institutional investment holdings and does not contain information that would fundamentally alter the investment thesis for Bank of America Corp. It confirms the significant scale of assets under management, which is consistent with a major financial institution. As such, a 'hold' recommendation is appropriate, as the filing provides transparency but no new catalysts for a change in investment strategy.

Keywords

Bank of America, 13F-HR, Holdings Report, Institutional Investment, Managed Assets, Portfolio Disclosure, Q3 2025