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BOA and Subsidiaries Report 7.34M Fluence Shares as Passive Holding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Fluence Energy Class A filing shows Bank of America Corporation beneficially owns 7,341,149 shares, representing 5.6% of the outstanding class. The filing reports shared voting power of 7,300,070 shares and shared dispositive power of 7,341,149 shares, with no sole voting or dispositive power disclosed.

Bank of America filed on behalf of itself and its wholly owned subsidiaries, including BofA Securities, Bank of America N.A., Merrill Lynch Pierce Fenner & Smith and Merrill Lynch International. The statement certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

  • Material disclosure of beneficial ownership: Bank of America reports 7,341,149 shares (5.6%), meeting SEC reporting thresholds
  • Consolidated filing identifies Bank of America and specific wholly owned subsidiaries, providing clarity on which entities hold the position

Negative

  • No sole voting or dispositive power reported, indicating the filer does not exercise exclusive control over the shares
  • Shared voting power suggests influence is distributed across multiple entities rather than centralized in a single decision-maker

Insights

TL;DR: A material >5% institutional stake is disclosed; holdings are shared across Bank of America entities and reported as passive.

The filing documents a beneficial ownership of 7,341,149 Class A shares, equal to 5.6% of the class, with no sole voting or dispositive power. Bank of America reports shared voting power of 7,300,070 and shared dispositive power of 7,341,149. This is a formal disclosure of material ownership by a large financial institution and is filed on behalf of both the parent and specified wholly owned subsidiaries.

TL;DR: Parent holding company filing lists multiple subsidiaries; control remains distributed with shared powers and a certification of passive intent.

The schedule is submitted by Bank of America Corporation and names its subsidiaries that hold or acquired the securities, including broker-dealers and a bank entity. The filing explicitly states the shares are held in the ordinary course of business and not to influence control of the issuer, and it shows no sole voting or dispositive authority by the filer.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



BANK OF AMERICA CORP /DE/
Signature:Andres Ortiz
Name/Title:Authorized Signatory
Date:08/12/2025

FAQ

How many Fluence Energy (FLNC) shares does Bank of America report owning?

The filing reports Bank of America beneficially owns 7,341,149 Class A shares of Fluence Energy.

What percentage of FLNC does the reported stake represent?

The reported position represents 5.6% of Fluence Energy's Class A common stock.

Does Bank of America have sole voting control over the FLNC shares?

No. The filing shows 0 shares with sole voting power and 7,300,070 shares with shared voting power.

Was the ownership reported as held to influence control of Fluence Energy (FLNC)?

No. The filer certified the securities are held in the ordinary course of business and not to change or influence control of the issuer.

Which Bank of America entities are named in the Schedule 13G filing for FLNC?

The filing lists Bank of America Corporation and wholly owned subsidiaries including BofA Securities, Bank of America N.A., Merrill Lynch Pierce Fenner & Smith and Merrill Lynch International.
Fluence Energy, Inc.

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