Bank of America holds 7.8% of Group 1 Automotive (GPI)
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
Bank of America Corporation has filed an amended Schedule 13G reporting beneficial ownership of 939,280 shares of Group 1 Automotive, Inc. common stock, representing 7.8% of the outstanding shares as of December 31, 2025.
The filing shows Bank of America has shared voting power over 891,937 shares and shared dispositive power over 931,522 shares, with no sole voting or dispositive power. The securities are reported as being held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
Positive
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Negative
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FAQ
Does Bank of America seek control of Group 1 Automotive (GPI) with this stake?
Bank of America states the shares were acquired and are held in the ordinary course of business. The filing certifies they were not acquired and are not held for the purpose or effect of changing or influencing control of Group 1 Automotive.
What type of filing did Bank of America submit for its GPI ownership?
Bank of America submitted an amended Schedule 13G, a beneficial ownership report for large shareholders. The amendment reflects its 7.8% stake in Group 1 Automotive common stock as of December 31, 2025, and details its voting and dispositive powers over the shares.
Which Bank of America entities are associated with the Group 1 Automotive (GPI) holdings?
The statement is filed by Bank of America Corporation on behalf of itself and subsidiaries including BofA Securities, Inc., Bank of America N.A., Merrill Lynch Pierce Fenner & Smith, Inc., Merrill Lynch International, and U.S. Trust Co of Delaware, with U.S. Trust’s holdings not exceeding one percent.