Li Lu's Himalaya Capital Management exited Bank of America Corp (BAC) during 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026, selling all 3M shares. The position had been worth about $146.2M at the prior quarter-end and carried 4.57% of the book. BAC had been in the portfolio for about 6 years, since the quarter ended March 31, 2020.
What did the 2026 Q2 filing report for BAC?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Before | After | |
|---|---|---|
| Shares | 3M | 0 |
| Reported value | $146.2M | $0 |
| Portfolio weight | 4.57% | 0% |
| Held since | 2020 Q1 | sold out in 2026 Q2 |
| Quarters held | 25 |
What did Li Lu sell?
Li Lu sold 3M shares of BAC between the quarter ended March 31, 2026 and June 30, 2026. The BAC exit was the 2nd largest of the quarter's 8 position changes by percent change to portfolio.
Where does BAC sit in the Li Lu portfolio?
Before the sale, BAC carried 4.57% of the Li Lu portfolio, below the fund's average stock position of 12%. The largest stock position is GOOGL at 24.55%. Next come GOOG at 23.39% and PDD at 22.17%. The three largest stocks together are 70.1% of the book. Across the 2026 Q2 portfolio, Li Lu reported 8 stock positions, with none opened and 6 closed. The total portfolio value is about $3.7B, up 16% from the prior quarter.
How long has Li Lu held BAC?
Li Lu held BAC for about 6 years, from the quarter ended March 31, 2020 to March 31, 2026. The weight peaked at 36.79% in 2020 Q1. Last quarter the fund had already cut the position by 71%, so the exit finishes a two-quarter unwind. Every reported trade is on the Li Lu BAC trade history page.
Did other funds buy or sell BAC in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 12 still hold BAC. The largest buyers of BAC this quarter were Lewis Sanders and Charles Bobrinskoy. The largest sellers were Warren Buffett, Richard Pzena and Parnassus Endeavor Fund. Every tracked holder of BAC is on the BAC ownership page.
FAQ
How many BAC shares did Li Lu sell?
Li Lu sold all 3M shares of BAC it reported a quarter earlier, worth about $146.2M.
When did Li Lu first buy BAC?
Li Lu first reported BAC in the quarter ended March 31, 2020.
How much of the Li Lu portfolio was BAC?
BAC was 4.57% of the Li Lu portfolio at the prior quarter-end, and 0% after the sale.
Did other funds sell BAC in 2026 Q2?
No other tracked fund sold out of BAC in 2026 Q2, but 5 trimmed it; 12 still hold it.