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Arrowstreet Capital Limited Partnership Sells 5,044,178 Shares of Bank of America Corporation $BAC
Arrowstreet Capital Limited Partnership significantly reduced its stake in Bank of America Corporation (NYSE:BAC) by selling over 5 million shares, bringing its total holdings to 12.58 million shares valued at $648.78 million. Other hedge funds made various adjustments to their BAC holdings. The article also provides details on recent analyst ratings, insider trading activity, and various market data points for Bank of America.