BAC - Bank of America

Leelu sold 72% of his Bank of America stake, a huge reduction.

Li Lu has been consistently reducing his position - down 24% in Q2 2025, 23% in Q1 2025, from 16% to 5% of portfolio. He sees more opportunities elsewhere.

Cited as a crash recovery example — returned 6x after the 2008 financial crisis. Also mentioned as a 'too big to fail' candidate that received government bailout money and subsequently rallied strongly. Felix notes it as a model for finding financial institutions that benefit from government support during crises.

Buffett has been selling Bank of America, which the host cites as evidence of Buffett's bearish positioning and preparation for a crash.

Buffett sold billions of Bank of America stock. Prehn interprets this as Buffett seeing a fundamental change in the long-term prospects for banking.

Referenced alongside JPMorgan as a G-SIB bank that could benefit from regulatory reform and freed-up capital

Bank of America is mentioned as one of the banks that got hit hard recently. No specific recommendation is given.

Mentioned as an example of a reasonably priced, mature company where covered calls make sense. Paul previously bought at $25-26 and used covered calls to manage the position as it rose to $50+. No current recommendation.

Mentioned only in passing as one of the stocks Buffett has been selling. No opinion expressed on Bank of America itself.

Forecasting small cap outperformance and benefiting from rate cuts and increased borrowing activity.