Letters by company
Bank Of America CORP
11 letters discussing BAC. Everything written about it on this site is on its ticker page.
- Latitude Investment Management Latitude Q3 2024 Investor Letter The Global Equity portfolio added Ryanair and UnitedHealth, shifted drug-distribution exposure from McKesson toward Cencora, and cut Alphabet and Goldman Sachs to fund stronger opportunities. It argues that volatility enables disciplined rotation among long-term holdings, while Dollar Tree faces a delayed trade-down benefit and a maturing store base. Q3 2024 RYAAY $31BBAC $350BCOR $67B
- GoodHaven Capital Management 2024 Semi-Annual Letter to Shareholders GoodHaven Fund increased Berkshire Hathaway, Exor, Vitesse Energy and initiated Arrow Electronics while exiting Arhaus, Ligado debt and Peapack-Gladstone Financial. The portfolio remains concentrated in undervalued financial businesses, while TerraVest, Alphabet and Bank of America were supported by operating progress and valuation discipline. 2024 Semi-Annual BAC $350BGOOGL $3.6TTRRVF $1.7B
- GoodHaven Capital Management 2023 Annual Letter to Shareholders GoodHaven added materially to Bank of America, Devon, Berkshire Hathaway, Goldman Sachs and Occidental Petroleum warrants, while opening a position in Camden Property Trust after weakness in financials, energy and real estate. It sold Alibaba after concluding its thesis was flawed, and argues that Builders FirstSource, Lennar, KKR and TerraVest retain durable earnings and capital-allocation advantages. fiscal year 2023 BAC $350BBLDR $6.7BBRK.A $1.3T
- Aristotle Funds Aristotle Ultra Short Income Fund Commentary Aristotle Ultra Short Income Fund emphasized investment-grade corporates, AAA CLO debt and senior ABS while keeping a credit bias and longer-than-benchmark duration. The portfolio favored global systemically important banks, utilities, selective office REITs and data-center technology issuers, while remaining cautious on consumer cyclicals, healthcare names facing M&A pressure and retail. second quarter of 2026 —
- ProChain Capital May 2026 Investor Update ProChain warns that recent crypto-market leaders Zcash, NEAR and Hyperliquid could fall out of favour rapidly and says it is reviewing holdings for better-priced risk-reward. It argues that banks, payment networks and crypto firms are competing intensely for stablecoin and tokenized-transfer infrastructure, while regulatory support should withstand recent personnel departures. May 2026 —
- Latitude Investment Management Latitude Annual Report 2025 Latitude Investment Management argues that disciplined trading in Dollar Tree improved the portfolio while preserving exposure to its core discount-retail thesis. It replaced Heineken with Royalty Pharma, Interactive Brokers with Intercontinental Exchange and BP with Assa Abloy, seeking stronger growth with less cyclicality. The portfolio also emphasizes defensive healthcare, infrastructure and selected AI exposure through Alphabet. 2025 DLTR $27BAIQUY $136BASAZY $44B
- Regency Wealth Management Eyes Wide Open Regency Wealth Management argues that consumer-sentiment surveys overstate economic weakness relative to inflation, credit and corporate data. It remains cautiously optimistic, favors diversification including overseas markets, watches long Treasury yields and expects fewer Federal Reserve rate cuts as trade-policy uncertainty persists. second quarter 2025 —
- Latitude Investment Management Annual Report 2023 Latitude's portfolio retained its consumer-staples exposure, arguing that Tesco's strengthening market position and Diageo's inventory reset are mispriced. It added WEC Energy Group for regulated utility growth and switched Equinor into Shell on European gas concerns. The manager argues that durable earnings growth and discounted valuations should ultimately overcome the market's preference for popular technology stocks. 2023 AIQUY $136BAZO $52BDEO $56B
- Andrew Hill Investment Advisors Investment Wrap Up of 2022 & Outlook for 2023 Andrew Hill Investment Advisors reduced technology and long-duration bond exposure during the selloff, then began selectively adding stocks and longer-term high-grade bonds. The firm favors Treasury bills for near-term cash needs and municipal bonds for taxable accounts, while arguing that Federal Reserve tightening risks an unnecessary recession. It sold Tesla over governance concerns and added Merck for its defensive balance sheet and Keytruda-led growth. 2022 TSLA $1.5T
- Sound Shore Management December 31, 2021 Sound Shore Management maintained full exposure to Pfizer, added to Perrigo after supply-chain pressure weakened the shares, and argued that both companies retain earnings-improvement catalysts. The portfolio favored inexpensive businesses with company-specific growth drivers, including financials, Lennar, EOG Resources and Vistra’s transition toward lower-carbon power generation. 2021 PFE $168BPRGO $2.3B
- GoodHaven Capital Management The Best Hedge Is Being Right GoodHaven concentrated the portfolio in Berkshire Hathaway, Alphabet, Barrick Gold, Jefferies Financial and Builders FirstSource after deploying liquidity during the spring selloff. The fund added PG&E and Chubb, maintained energy exposure through WPX Energy and Birchcliff Energy, and sold Stolt-Nielsen to fund newer ideas. fiscal year ended November 30, 2020 BIREY $1.9BBLDR $6.7BBRK.A $1.3T
