Richard Pzena's BAC Position Overview
Richard Pzena (via Pzena Investment Management LLC) currently holds 6.48 M shares of Bank of America Corporation (BAC) worth $356.41 M, representing 1.07% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Richard Pzena has maintained a long-term strategic position in BAC, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2014, adding 6.14 M shares. Largest reduction occurred in Q1 2025, reducing 10.26 M shares.
Analysis based on 13F filings available since 2013 Q2
Richard Pzena's Bank of America Corporation (BAC) Holding Value Over Time
Track share changes against reported price movement
Quarterly Bank of America Corporation (BAC) Trades by Richard Pzena
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -23,676 | Reduce 0.36% | 6.48 M | $55.00 |
| Q3 2025 | -72,972 | Reduce 1.11% | 6.5 M | $51.59 |
| Q2 2025 | +223,798 | Add 3.52% | 6.58 M | $47.32 |
| Q1 2025 | -10.26 M | Reduce 61.76% | 6.35 M | $41.73 |
| Q4 2024 | -2.87 M | Reduce 14.73% | 16.61 M | $43.95 |
| Q3 2024 | -350,396 | Reduce 1.77% | 19.48 M | $39.68 |
| Q2 2024 | -1.63 M | Reduce 7.61% | 19.83 M | $39.77 |
| Q1 2024 | +954,885 | Add 4.66% | 21.47 M | $37.92 |
| Q4 2023 | +1.08 M | Add 5.56% | 20.51 M | $33.67 |
| Q3 2023 | +4.34 M | Add 28.73% | 19.43 M | $27.38 |
| Q2 2023 | +5.53 M | Add 57.81% | 15.09 M | $28.69 |
| Q1 2023 | +493,439 | Add 5.44% | 9.57 M | $28.60 |
| Q4 2022 | +6,024 | Add 0.07% | 9.07 M | $33.12 |
| Q3 2022 | -128,602 | Reduce 1.40% | 9.07 M | $30.20 |
| Q2 2022 | +1.2 M | Add 15.07% | 9.19 M | $31.13 |
| Q1 2022 | -1.16 M | Reduce 12.64% | 7.99 M | $41.22 |
| Q4 2021 | -535,408 | Reduce 5.53% | 9.15 M | $44.49 |
| Q3 2021 | -471,738 | Reduce 4.65% | 9.68 M | $42.45 |
| Q2 2021 | -481,379 | Reduce 4.53% | 10.15 M | $41.23 |
| Q1 2021 | -371,498 | Reduce 3.38% | 10.63 M | $38.69 |
| Q4 2020 | +187,372 | Add 1.73% | 11.01 M | $30.31 |
| Q3 2020 | -1.28 M | Reduce 10.58% | 10.82 M | $24.09 |
| Q2 2020 | -522,190 | Reduce 4.14% | 12.1 M | $23.75 |
| Q1 2020 | -621,993 | Reduce 4.70% | 12.62 M | $21.23 |
| Q4 2019 | -1.17 M | Reduce 8.12% | 13.24 M | $35.22 |
| Q3 2019 | -291,480 | Reduce 1.98% | 14.41 M | $29.17 |
| Q2 2019 | -137,639 | Reduce 0.93% | 14.7 M | $29.00 |
| Q1 2019 | -1.09 M | Reduce 6.85% | 14.84 M | $27.59 |
| Q4 2018 | -231,653 | Reduce 1.43% | 15.93 M | $24.64 |
| Q3 2018 | -237,817 | Reduce 1.45% | 16.17 M | $29.46 |
| Q2 2018 | -563,211 | Reduce 3.32% | 16.4 M | $28.19 |
| Q1 2018 | -2.63 M | Reduce 13.42% | 16.97 M | $29.99 |
| Q4 2017 | -33,073 | Reduce 0.17% | 19.6 M | $29.52 |
| Q3 2017 | -862,168 | Reduce 4.21% | 19.63 M | $25.34 |
| Q2 2017 | -902,720 | Reduce 4.22% | 20.49 M | $24.26 |
| Q1 2017 | -2.09 M | Reduce 8.89% | 21.39 M | $23.59 |
| Q4 2016 | -4.63 M | Reduce 16.48% | 23.48 M | $22.10 |
| Q3 2016 | -1.84 M | Reduce 6.13% | 28.11 M | $15.65 |
| Q2 2016 | -330,048 | Reduce 1.09% | 29.95 M | $13.27 |
| Q1 2016 | +1.61 M | Add 5.61% | 30.28 M | $13.52 |
| Q4 2015 | -1.2 M | Reduce 4.03% | 28.67 M | $16.83 |
| Q3 2015 | -547,306 | Reduce 1.80% | 29.87 M | $15.58 |
| Q2 2015 | -493,154 | Reduce 1.60% | 30.42 M | $17.02 |
| Q1 2015 | -311,010 | Reduce 1.00% | 30.91 M | $15.39 |
| Q4 2014 | -427,058 | Reduce 1.35% | 31.22 M | $17.89 |
| Q3 2014 | +214,092 | Add 0.68% | 31.65 M | $17.05 |
| Q2 2014 | +6.14 M | Add 24.27% | 31.44 M | $15.37 |
| Q1 2014 | -939,145 | Reduce 3.58% | 25.3 M | $17.20 |
| Q4 2013 | +1.03 M | Add 4.09% | 26.24 M | $15.57 |
| Q3 2013 | +297,761 | Add 1.20% | 25.2 M | $13.80 |
| Q2 2013 | +24.91 M | Add 0.00% | 24.91 M | $12.86 |
Richard Pzena's Bank of America Corporation Investment FAQs
Richard Pzena first purchased Bank of America Corporation (BAC) in Q2 2013, acquiring 24,906,945 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Richard Pzena has held Bank of America Corporation (BAC) for 51 quarters since Q2 2013.
Richard Pzena's largest addition to Bank of America Corporation (BAC) was in Q2 2013, adding 24,906,945 shares worth $320.3 M.
According to the latest 13F filing for Q4 2025, Richard Pzena's firm, Pzena Investment Management LLC, owns 6,480,095 shares of Bank of America Corporation (BAC), valued at approximately $356.41 M.
As of the Q4 2025 filing, Bank of America Corporation (BAC) represents approximately 1.07% of Richard Pzena's publicly disclosed stock portfolio, making it one of their key holdings.
Richard Pzena's peak holding in Bank of America Corporation (BAC) was 31,650,403 shares, as reported at the end of Q3 2014.