Bank of America (GPI stakeholder) discloses 0.8% Group 1 Automotive position
Rhea-AI Filing Summary
Bank of America Corporation, through certain wholly owned subsidiaries, reports beneficial ownership of 93,121 shares of Group 1 Automotive, Inc. common stock. This represents 0.8% of the outstanding class, based on 11,925,913 shares outstanding as of June 30, 2026.
All reported shares are held with shared rather than sole authority: 55,619 shares with shared voting power and 81,184 shares with shared dispositive power, and no sole voting or dispositive power. The filer affirms ownership of 5 percent or less of the class, and identifies multiple subsidiaries, including BofA Securities, Inc. and Bank of America, N.A., as the entities through which the holdings are maintained.
Positive
- None.
Negative
- None.
Key Figures
Beneficially owned shares: 93,121 shares
Percent of class: 0.8%
Shares outstanding: 11,925,913 shares
+3 more
6 metrics
Beneficially owned shares
93,121 shares
Common stock of Group 1 Automotive beneficially owned by Bank of America
Percent of class
0.8%
Portion of Group 1 Automotive common stock represented by Bank of America’s holdings
Shares outstanding
11,925,913 shares
Group 1 Automotive shares outstanding as of June 30, 2026
Shared voting power
55,619 shares
Shares over which Bank of America has shared power to vote or direct the vote
Shared dispositive power
81,184 shares
Shares over which Bank of America has shared power to dispose or direct disposition
Ownership threshold status
5 percent or less
Bank of America confirms ownership of 5 percent or less of the class
Key Terms
beneficial ownership, shared voting power, shared dispositive power, Schedule 13G, +1 more
5 terms
beneficial ownership financial
"The beneficial ownership calculation relies on the 11,925,913 outstanding shares disclosed"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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 financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of GROUP 1 AUTOMOTIVE INC (GPI) does Bank of America own?
Bank of America reports beneficial ownership of 0.8% of Group 1 Automotive’s common stock, representing 93,121 shares. This percentage is based on 11,925,913 outstanding shares as of June 30, 2026, as disclosed by the issuer.
What dispositive power does Bank of America have over its GPI holdings?
Bank of America reports 0 shares with sole dispositive power and 81,184 shares with shared dispositive power in Group 1 Automotive. Dispositive power reflects the authority to dispose of or direct the disposition of these shares.
Does Bank of America still qualify as a holder of 5% or more of GPI?
No. Bank of America states that it has ownership of 5 percent or less of Group 1 Automotive’s common stock. The reported 0.8% stake falls well below the 5% threshold for larger beneficial owners.