SCHEDULE: Bank of America Discloses 2.9% Stake in Fluence Energy

Bank of America Corporation has reported a 2.9% beneficial ownership stake in Fluence Energy, Inc. Class A common stock as of September 30, 2025.

Summary

• Bank of America Corporation, through its various subsidiaries, beneficially owns 3,750,709 shares of Fluence Energy, Inc. Class A common stock.
• This ownership represents 2.9% of the Class A common stock outstanding.
• Bank of America holds shared voting power over 3,544,600 shares and shared dispositive power over all 3,750,709 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Fluence Energy, Inc.
• The filing was made by Bank of America as a parent holding company, with subsidiaries including BofA Securities, Inc., Bank of America N.A., Merrill Lynch Pierce Fenner & Smith, Inc., Merrill Lynch International, and BofA Securities Europe SA.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it indicates a significant institutional holding by Bank of America, suggesting a degree of confidence or interest in Fluence Energy, Inc. However, as a passive 13G filing below the 5% threshold, it does not imply active engagement or a strong bullish signal.

Positives

• The disclosure of a significant beneficial ownership by a major financial institution like Bank of America can signal institutional interest and confidence in Fluence Energy, Inc.

Negatives

• NA

Risks

• The filing certifies that the securities were not acquired for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating risks associated with activist investor intentions from this specific holding.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Fluence Energy, Inc.'s future performance or outlook.

Industry Context

This filing is a routine disclosure of beneficial ownership by a large institutional investor, Bank of America, in a publicly traded company, Fluence Energy, Inc. Such filings provide transparency into significant passive holdings by financial institutions, which can be a factor in assessing institutional interest in the energy storage sector.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders of Fluence Energy, Inc. may view Bank of America's beneficial ownership as a positive indicator of institutional interest in the company.
• The company's management gains insight into its institutional shareholder base.

Key Dates

Keywords

Fluence Energy, Bank of America, Beneficial Ownership, SEC Filing, Schedule 13G, Class A common stock, Institutional Investment, Energy Storage