STOCK TITAN

Bank of America (PK) reports 4.9% beneficial stake in Park Hotels & Resorts

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

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.

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Beneficially owned shares 9,775,762 shares Bank of America Corporation beneficial ownership in Park Hotels & Resorts Inc.
Percent of class 4.9% Bank of America’s beneficial ownership percentage of Park Hotels & Resorts common stock
Shared voting power 9,769,187 shares Shares of Park Hotels & Resorts over which Bank of America has shared voting power
Shared dispositive power 9,775,762 shares Shares of Park Hotels & Resorts over which Bank of America has shared dispositive power
Sole voting power 0 shares Park Hotels & Resorts shares over which Bank of America has sole voting power
Shares outstanding baseline 201,361,835 shares Park Hotels & Resorts shares outstanding as of April 24, 2026 used for ownership calculation
beneficial ownership financial
"The beneficial ownership calculation relies on the 201,361,835 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.
shared voting power financial
"Shared Voting Power 9,769,187.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 9,775,762.00"
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
wholly owned subsidiaries financial
"on behalf of itself and its wholly owned subsidiaries BofA Securities, Inc."
broker dealer registered under section 15 of the Act regulatory
"a broker dealer registered under section 15 of the Act"

FAQ

What percentage of Park Hotels & Resorts Inc. (PK) does Bank of America beneficially own?

Bank of America reports beneficial ownership of 4.9% of Park Hotels & Resorts Inc. common stock, representing 9,775,762 shares. This percentage is based on 201,361,835 shares outstanding as disclosed by Park Hotels & Resorts as of April 24, 2026.

How many Park Hotels & Resorts Inc. (PK) shares does Bank of America report on this Schedule 13G/A?

Bank of America reports beneficial ownership of 9,775,762 Park Hotels & Resorts Inc. common shares. Of these, 9,769,187 are subject to shared voting power, and all 9,775,762 are subject to shared dispositive power, with no sole voting or dispositive authority.

What is the basis for Bank of America’s 4.9% ownership calculation in Park Hotels & Resorts Inc. (PK)?

The 4.9% ownership figure is calculated using 201,361,835 Park Hotels & Resorts shares outstanding. That outstanding share count comes from the issuer’s Form 10-Q filed May 1, 2026, which reports totals as of April 24, 2026.

Does Bank of America have sole or shared voting power over Park Hotels & Resorts Inc. (PK) shares?

Bank of America reports 0 shares with sole voting power and 9,769,187 shares with shared voting power. It also reports 0 shares with sole dispositive power and 9,775,762 shares with shared dispositive power over Park Hotels & Resorts stock.

Which Bank of America subsidiaries are involved in the Park Hotels & Resorts Inc. (PK) holdings?

The holdings are reported on behalf of Bank of America Corporation and its subsidiaries: 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.

Why is Bank of America’s Schedule 13G/A for Park Hotels & Resorts Inc. (PK) marked as ownership of 5 percent or less?

Item 5 indicates ownership of 5 percent or less of the class, consistent with the reported 4.9% stake. This shows Bank of America’s beneficial ownership remains below the 5% threshold for Park Hotels & Resorts common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





700517105

(CUSIP Number)
06/30/2026

(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)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: The beneficial ownership calculation relies on the 201,361,835 outstanding shares disclosed in the Form 10-Q by the issuer on May 1, 2026, which reports share totals as of April 24, 2026.


SCHEDULE 13G



BANK OF AMERICA CORP /DE/
Signature:/s/ Monica Yako
Name/Title:Authorized Signatory
Date:08/12/2026