Li Lu's position in Bank Of America is currently worth $619 Million. It makes up 28.54% of their stock portfolio and is their biggest 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 4.23 Million shares. The stake costed the investor $450 Million, netting the investor a gain of 38% so far.
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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.
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