Li Lu's position in Bank Of America is currently worth $162M. That's 4.53% of their equity portfolio (6th largest holding). Li Lu started to build up the position in Bank Of America in Q1 2020 and continued to invest until Q1 2023. Since then they sold 15.1M shares. The stake costed the investor $97.4M, netting the investor a gain of 67% so far.
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Brian Moynihan, Bank of America CEO, joins 'Power Lunch' to discuss the company's quarterly earnings results, the broader issues impacting bank stocks and mu...
Banks like Goldman Sachs, Bank of America, and Citigroup are thriving amid market volatility, with strong trading and equity sales driving impressive earning...
CNBC's Sara Eisen sits down with Bank of America CEO Brian Moynihan on 'Power Lunch' to discuss the state of financials, interest rates, and inflation.