This is a routine threshold-crossing notification with no trading signal. Monitor for any subsequent 13D filing by Bank of America if the position is active, but the current filing indicates a passive holding. No immediate action warranted.
Price Chart
Executive Summary
Bank of America Corporation disclosed a 3.17% aggregate stake in Smith & Nephew plc as of July 20, 2026, crossing the UK notification threshold. The position comprises 2.40% in voting shares and 0.77% via financial instruments, including a large swap book with various maturities. This is a routine regulatory filing of a passive crossing of a disclosure threshold, not an activist or strategic move, and has no material operational or financial implications for SNN.
Key Facts
- Bank of America Corporation reported a 3.17% total stake in Smith & Nephew as of July 20, 2026.
- The stake consists of 2.40% voting rights (20,216,881 shares) and 0.77% through financial instruments (6,484,406 voting rights via swaps and recall rights).
- The filing is a routine UK TR-1 notification triggered by crossing a regulatory threshold, not an activist campaign or strategic investment.
- No previous notification position was provided, so the direction of change (increase or decrease) is unknown.
Financial Impact
No material financial impact. The filing is a passive disclosure of a crossing of a regulatory threshold by a large financial institution.
Risk Factors
- No material risks identified from this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001654954-26-006784 |
| Document: 0001654954-26-006784-index-headers.html | 0001654954-26-006784 |
| Document: 0001654954-26-006784-index.html | 0001654954-26-006784 |
| Document: 0001654954-26-006784.txt | 0001654954-26-006784 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 16, 2026 16d ago | 6-K | $27.80 $26.82 | ▼ −3.53% | ▼ −6.09% | $26.42 (−4.96%) |
Sep 16, 2026 16d ago | 6-K | $27.80 $26.82 | ▼ −3.53% | ▼ −6.09% | $26.42 (−4.96%) |
Sep 11, 2026 21d ago | 6-K | $27.50 $27.56 | ▲ +0.22% | ▲ +0.44% | $26.42 (−3.93%) |
Sep 10, 2026 22d ago | 6-K | $27.62 $27.78 | ▲ +0.58% | ▲ +1.08% | $26.42 (−4.34%) |
Sep 10, 2026 22d ago | 6-K | $27.62 $27.78 | ▲ +0.58% | ▲ +1.08% | $26.42 (−4.34%) |
Sep 9, 2026 23d ago | 6-K | $27.80 $28.06 | ▲ +0.94% | ▲ +1.27% | $26.42 (−4.96%) |
Sep 8, 2026 24d ago | 424B5 | $27.87 $28.01 | ▲ +0.50% | ▲ +1.62% | $26.42 (−5.20%) |
Sep 2, 2026 4w ago | 6-K | $28.66 $27.62 | ▼ −3.63% | ▼ −2.67% | $26.42 (−7.82%) |
Sep 2, 2026 4w ago | 6-K | $28.66 $27.62 | ▼ −3.63% | ▼ −2.67% | $26.42 (−7.82%) |
Sep 1, 2026 4w ago | 6-K | $28.97 $27.80 | ▼ −4.04% | ▼ −4.12% | $26.42 (−8.80%) |
US Market Status
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