Bank of America 13F: Cuts AIG Stake by $114M
Bank of America has cut its position in American International Group, Inc. by 25.6%, now holding approximately 4.4 million shares.
Reviewed by automated data checks against the source filing. How we make and check alerts
Bank of America sold 1,530,395 shares from its stake in American International Group, Inc. ($AIG), a 25.65% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 4,436,611 shares worth $331.15 million at the end of the quarter.
Since the filing, $AIG is down 1.5% after 1 week, down 3.9% after 1 month and up 4.4% to date (from the $77.33 close on May 18, 2026).
AIG
American International Group, Inc.
Key Points
- Bank of America cut its stake in American International Group, Inc. (NYSE: AIG) by 1,530,395 shares, a 25.6% decrease, bringing its total to 4,436,611 shares valued at about $331.1 million as of May 18, 2026.
- AIG's shares closed at $74.64 on the last trading day, slightly below its 52-week high of $87.29, indicating some market fluctuation.
- Analysts remain positive on AIG, with a consensus rating of 'buy' and a mean price target of $88.45, reflecting continued confidence in its financial performance.
Get $AIG trade alerts by text
We text you when insiders, Congress or big funds trade $AIG. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated American International Group, Inc. alert may contain errors. Disclosures
Bank of America Cuts Stake in AIG
Bank of America has reduced its position in American International Group, Inc. (NYSE: AIG) by 1,530,395 shares, a decrease of 25.6%. This brings its total holdings to 4,436,611 shares, valued at approximately $331.1 million as of May 18, 2026. The filing reflects the fund's holdings as of the reporting period and may not represent its current position.
Details of the Position Change
The cut in Bank of America's stake follows a previous holding of 5,967,006 shares. This reduction may indicate a strategic shift in the bank's investment approach toward AIG, which provides a variety of insurance products across different sectors.
Institutional Activity in AIG
No other funds reported changes in their positions in American International Group, Inc. during this filing period. However, the recent activity from Bank of America adds to the narrative of institutional investors reassessing their stakes in AIG. Earlier this month, both Vanguard Fiduciary Trust and Osaic Holdings made headlines for their own adjustments in AIG holdings, with Vanguard opening a new position and Osaic cutting its stake significantly.
How American International Group, Inc. Stock Has Traded
AIG's stock traded at $74.64 on the last published weekday, which is slightly below its 50-day moving average of $77.34. The stock has seen a range between $71.25 and $87.29 over the past year, indicating some volatility. The recent cut by Bank of America comes amid these fluctuations, and investors will be watching closely to see how the stock performs in the coming weeks.
Analysts Set New Price Targets
On October 12, 2026, Wells Fargo maintained an 'Equal-Weight' rating on AIG with a price target of $83.00, down from $85.00. Keefe, Bruyette & Woods also kept its 'Outperform' rating with a target of $90.00, down from $96.00. Overall, analysts have a consensus 'buy' rating on AIG, with a mean price target of $88.45, reflecting optimism about the company's future performance.
What American International Group, Inc. Does
American International Group, Inc. is a global insurance company based in New York, offering a broad range of insurance products for individuals and businesses. The recent reduction in Bank of America's stake highlights ongoing adjustments among institutional investors as they respond to market conditions and AIG's performance.
What's Next for AIG
Investors will be looking forward to AIG's next earnings report scheduled for November 4, 2026. With analysts maintaining a positive outlook, it will be crucial to see if the company meets or exceeds expectations. As always, the recent 13F filing provides a snapshot of institutional holdings that may shift in response to market dynamics.
Related Filing Alerts
Source: Bank of America's 13F filing on $AIG (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Bank of America 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts