Bank of America (SUNC) lists 1.76M units; 3.4% disclosed
Rhea-AI Filing Summary
Bank of America Corporation filed an amendment on Schedule 13G/A reporting beneficial ownership of 1,755,045 common units of SunocoCorp LLC. The filing states this represents 3.4% of the class, based on 51,517,198 outstanding shares as of February 13, 2026.
The filing attributes shared voting and dispositive power for the 1,755,045 units to Bank of America and lists several wholly owned subsidiaries and affiliates (including BofA Securities, Inc., Bank of America, N.A., Merrill Lynch International, Merrill Lynch Canada, and BofA Securities Europe SA) as parties on whose behalf the statement is filed.
Positive
- None.
Negative
- None.
Insights
Neutral compliance filing: passive ownership disclosed at 3.4% using issuer's outstanding share base.
The amendment clarifies beneficial ownership and voting/dispositive allocations: 1,755,045 shares are shown with shared voting and dispositive power. The filing follows Schedule 13G/A disclosure conventions and cites the issuer's 10-K share total as of February 13, 2026.
Watch for future amendments if holdings or voting arrangements change; the filing names multiple subsidiaries acting on Bank of America Corporation's behalf, which is typical for large custodial/agency arrangements.