Bank of America stake in Park Hotels at 4.9%
Bank of America Corporation filed an amended Schedule 13G reporting its beneficial ownership in Park Hotels & Resorts Inc. common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Bank of America Corporation filed an amended Schedule 13G reporting its beneficial ownership in Park Hotels & Resorts Inc. common stock. The filing states beneficial ownership of 9,775,762 shares, representing 4.9% of the outstanding common stock, based on 201,361,835 shares outstanding as reported by Park Hotels & Resorts as of April 24, 2026.
Bank of America reports no sole voting or dispositive power over the shares, with 9,769,187 shares subject to shared voting power and 9,775,762 shares subject to shared dispositive power. The position is reported on behalf of Bank of America Corporation and several wholly owned subsidiaries, including BofA Securities, Inc., Bank of America, N.A., Merrill Lynch International, Merrill Lynch Pierce Fenner & Smith, Inc., U.S. Trust Co of Delaware, and BofA Securities Europe SA.
Key Figures
Key Terms
beneficial ownership financial
parent holding company financial
wholly owned subsidiaries financial
broker dealer registered under section 15 of the Act regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Park Hotels & Resorts Inc. (PK) does Bank of America beneficially own?
What is the basis for Bank of America’s 4.9% ownership calculation in Park Hotels & Resorts Inc. (PK)?
Which Bank of America subsidiaries are involved in the Park Hotels & Resorts Inc. (PK) holdings?
Why is Bank of America’s Schedule 13G/A for Park Hotels & Resorts Inc. (PK) marked as ownership of 5 percent or less?
AI-generated analysis. How Rhea-AI works. Not financial advice.