Institutional investors hold a majority ownership of BAC through the 71.33% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Major Banks industry. Last, during the quarter ended December 2017, these large investors purchased a net $59.2 million shares.
Other institutional | 36.89% |
Mutual fund holders | 34.44% |
Individual stakeholders | 0.54% |