Bank of America (NYSE: BAC) reports 5.2% holding in Franklin Street Properties
Rhea-AI Filing Summary
Bank of America Corporation reported beneficial ownership of 5,433,645 shares of Franklin Street Properties Corp. common stock on a Schedule 13G. This represents 5.2% of the class, based on 104,011,708 shares outstanding as of June 30, 2026.
Bank of America has shared voting and dispositive power over all 5,433,645 shares and no sole voting or dispositive power. The position is held through wholly owned subsidiaries, including BofA Securities, Inc., Bank of America N.A., and Merrill Lynch International.
Positive
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Negative
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Key Figures
Shares beneficially owned: 5,433,645 shares
Percent of class: 5.2%
Shares outstanding: 104,011,708 shares
+4 more
7 metrics
Shares beneficially owned
5,433,645 shares
Bank of America’s reported beneficial ownership in Franklin Street Properties common stock
Percent of class
5.2%
Ownership percentage of Franklin Street Properties common stock attributed to Bank of America
Shares outstanding
104,011,708 shares
Franklin Street Properties shares outstanding as of June 30, 2026, used for the ownership calculation
Shared voting power
5,433,645 shares
Number of shares over which Bank of America has shared power to vote or direct the vote
Shared dispositive power
5,433,645 shares
Number of shares over which Bank of America has shared power to dispose or direct the disposition
Sole voting power
0 shares
Franklin Street Properties shares over which Bank of America has sole power to vote
Sole dispositive power
0 shares
Franklin Street Properties shares over which Bank of America has sole dispositive power
Key Terms
beneficially owned, shared dispositive power, shared voting power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: 5,433,645.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Schedule 13G regulatory
"This statement on is being filed by Bank of America Corporation"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding company regulatory
"If a parent holding company has filed this schedule, pursuant to"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Franklin Street Properties (FSP) does Bank of America own?
Bank of America reports beneficial ownership of 5.2% of Franklin Street Properties common stock, representing 5,433,645 shares based on 104,011,708 shares outstanding as of June 30, 2026.