Li Lu's position in Bank Of America is currently worth $522M. That's 17.22% of their entire equity portfolio (4th 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 7.65M shares. The stake costed the investor $339M, netting the investor a gain of 54% so far.
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Everyone¡¯s definition of blue-chip stocks is different. ¡°Blue-chip stocks are the shares of well-established, financially stable and profitable companies tha...