Jeremy Grantham's position in Bank Of America is currently worth $59.7M. That's 0.17% of their equity portfolio (59th largest holding). The first Bank Of America trade was made in Q1 2013. Since then Jeremy Grantham bought shares fourteen more times and sold shares on eighteen occasions. The stake costed the investor $41.8M, netting the investor a gain of 43% so far.
Another terrific note from Nomura today sticking its thumb in the eye of the Goldman, BofA and Jeremy Grantham EM bulls. 100% right: We disagree with those w...