SCHEDULE: Bank of America Discloses 7.1% Stake in DigitalBridge

Bank of America Corp. has reported beneficial ownership of 12,870,078 shares, representing 7.1% of the Class A Common Stock of DigitalBridge Group, Inc.

Summary

• Bank of America Corp. (BofA) has filed a Schedule 13G, indicating its beneficial ownership of DigitalBridge Group, Inc. Class A Common Stock.
• The filing reports that BofA beneficially owns 12,870,078 shares, which constitutes 7.1% of the total class of securities.
• This ownership level is based on 182,392,592 outstanding shares as of March 23, 2026, as disclosed in DigitalBridge's Form DEFM14A filed on March 24, 2026.
• BofA holds shared voting power over 12,865,403 shares and shared dispositive power over 12,870,078 shares.
• The filing clarifies that BofA is filing on behalf of itself and its wholly owned subsidiaries, including BofA Securities, Inc., Bank of America N.A., Merrill Lynch Pierce Fenner & Smith, Inc., and Merrill Lynch International.
• These subsidiaries are identified as a broker-dealer, a bank, and a non-U.S. institution, respectively, all registered or operating under relevant U.S. securities laws.
• Bank of America certifies that these securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a large financial institution and does not provide new operational or financial information about the company itself.

Positives

• Bank of America's significant stake indicates confidence or a strategic interest in DigitalBridge Group, Inc.
• The filing is a routine disclosure for a large institutional holder, suggesting stable ownership rather than a new activist position.

Negatives

• The filing does not contain any negative financial or operational information about DigitalBridge Group, Inc. itself, as it is a disclosure by a third party.
• The lack of sole voting or dispositive power for a significant portion of the shares held might suggest a custodial or brokerage role for some holdings.

Risks

• Potential for future changes in Bank of America's stake, which could impact DigitalBridge's stock price.
• Regulatory scrutiny on large institutional holdings, although this filing appears to be compliant.

Future Outlook

The filing itself does not contain forward-looking statements or guidance from DigitalBridge Group, Inc. It is a disclosure of current ownership by Bank of America.

Management Comments

• "The beneficial ownership calculation relies on the 182,392,592 outstanding shares disclosed in the Proxy Statement of the Form DEFM14A by the issuer on March 24, 2026, which reports share totals as of March 23, 2026."
• "This statement on Schedule 13G is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries BofA Securities, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); Bank of America N.A., a bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); Merrill Lynch Pierce Fenner & Smith, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); and Merrill Lynch International, a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J)."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that the filing of a Schedule 13G by a major financial institution like Bank of America is a standard disclosure mechanism for significant institutional holdings. It reflects the active role of large banks and brokerages in the capital markets, often acting as custodians, asset managers, or market makers for various securities.

Stakeholder Impact

• Shareholders: The disclosure confirms a significant institutional investor, which can be viewed positively for stability, but also implies potential for future trading activity by BofA that could influence share price.
• Creditors: No direct impact as this is an equity ownership disclosure.
• Employees: No direct impact.
• Suppliers/Customers: No direct impact.

Next Steps

• Continued monitoring of Bank of America's holdings in DigitalBridge Group, Inc. for any future changes.
• Review of DigitalBridge Group, Inc.'s subsequent financial reports and disclosures for operational performance.

Key Dates

Keywords

DigitalBridge Group, Inc., Bank of America Corp, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, SEC Filing, Securities Exchange Act