BofA and Subsidiaries Hold 712,825 Shares of Group 1 Automotive

Rhea-AI Filing Summary

Bank of America Corporation and certain wholly owned subsidiaries report an aggregate beneficial ownership of 712,825 shares of Group 1 Automotive common stock, representing 5.5% of the class. The statement shows no sole voting or dispositive power (sole power 0), with 618,997 shares subject to shared voting power and 709,526 shares subject to shared dispositive power, indicating the position is held collectively across Bank of America entities rather than under unilateral control.

The filing identifies the reporting person as a holding company and lists broker-dealer, bank and non-U.S. affiliates that hold the securities on its behalf. The filing includes a certification that the securities are held in the ordinary course of business and not to influence control of the issuer.

Insights

Financial Analyst

TL;DR: A reportable 5.5% stake is material for disclosure but appears structured as a passive, shared holding rather than a control position.

The filing crosses the standard 5% disclosure threshold, making this an investor-owned, reportable position of 712,825 shares. Key metrics show 0 sole voting power and shared voting/dispositive power, which typically signals limited ability to unilaterally influence corporate decisions. For market participants, the disclosure is material from a transparency perspective but does not, on its face, indicate an activist or control intent.

Corporate Governance Expert

TL;DR: Ownership is above the reporting threshold but governance impact appears limited due to lack of sole voting or dispositive authority.

The filing classifies the reporting person as a holding company and lists multiple regulated subsidiaries that hold the securities, which explains why voting and dispositive powers are shown as shared. The certification that holdings are in the ordinary course of business further supports the interpretation that this is a passive stake rather than an attempt to alter control. Investors should note the distinction between reportable size and governance control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

GROUP 1 AUTOMOTIVE INC

(Name of Issuer)

Common stock

(Title of Class of Securities)

398905109

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

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

CUSIP No. 398905109

1

Names of Reporting Persons

BANK OF AMERICA CORP /DE/

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 618,997.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 709,526.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

712,825.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: GROUP 1 AUTOMOTIVE INC
(b)	Address of issuer's principal executive offices: 730 TOWN & COUNTRY BOULEVARD, SUITE 500, HOUSTON, TEXAS, 77024.
Item 2.
(a)	Name of person filing: BANK OF AMERICA CORP /DE/
(b)	Address or principal business office or, if none, residence: 100 N TRYON ST CHARLOTTE, NC 28255
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common stock
(e)	CUSIP No.: 398905109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 712,825.00
(b)	Percent of class: 5.5%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 618,997.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 709,526.00
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. This statement on Schedule 13G is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries BofA Securities, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); Bank of America N.A., a bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); Merrill Lynch Pierce Fenner & Smith, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); U.S. Trust Co of Delaware, a corporation which holding does not exceed one percent of the reported securities; and Merrill Lynch International, a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J).
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF AMERICA CORP /DE/

Signature:	Andres Ortiz
Name/Title:	Authorized Signatory
Date:	08/12/2025

FAQ

How many shares of GPI does Bank of America report owning?

Bank of America and its subsidiaries report beneficial ownership of 712,825 shares, representing 5.5% of Group 1 Automotive's common stock.

Does Bank of America have sole voting control over GPI shares?

No. The filing reports 0 shares with sole voting power and 618,997 shares with shared voting power.

Which Bank of America entities are identified as holding the securities?

The filing lists several affiliates, including BofA Securities, Inc., Bank of America N.A., Merrill Lynch Pierce Fenner & Smith, Inc., U.S. Trust Co of Delaware, and Merrill Lynch International as holders on behalf of the parent.

Is this stake reported as intended to influence control of GPI?

No. The filing contains a certification that the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

How is Bank of America classified in the Schedule 13G filing?

Bank of America is classified as a holding company (HC) for purposes of this Schedule 13G.