Bank of America Corp DE acquired 1,118,827 shares of Iron Mountain during the second quarter. The investment is valued at approximately $141.32 million. This purchase gives the bank a 0.38% stake in the real estate investment trust.
A September 18, 2026, filing revealed several major institutional moves into the company. Deutsche Bank AG established a new position valued at roughly $385.1 million. Canada Pension Plan Investment Board and Sanctuary Advisors LLC also initiated new stakes during the same period.
These large investments indicate rising institutional confidence in Iron Mountain’s growth within the data center and information management sectors.