BAC · News · 20260905N
Institutional Portfolio Reshaping
BANK OF AMERICA CORP /DE/ · 2026-09-05 · Importance 40 · Surprise 56 · In source text
Bank of America reduced several reported first-quarter equity positions, including Nomura Holdings by 52.2% after selling 146,395 shares, Cracker Barrel by 82.6% after selling 158,090 shares, InMode after selling 236,577 shares, and Suzano by 82.2% after selling 1.13 million shares. The bank also cut Granite Ridge Resources by 87.6% after selling more than one million shares and Nano Nuclear Energy after selling 826,600 shares. Offsetting purchases included a 896.4% increase in Hyperliquid Strategies to 238,080 shares valued at $1.21 million, a 349.6% increase in Energy Vault Holdings to 665,546 shares valued at $2.2 million, and a 345.9% increase in Paysign to 130,930 shares valued at $772,000. Other reported increases included a 235.3% increase in Natural Grocers to 64,605 shares valued at $1.67 million, an 83.8% increase in Horizon Bancorp to 141,340 shares valued at $2.34 million, and a 55.2% increase in Absci to 487,193 shares valued at $1.46 million.
Key facts
- Bank of America Corp DE increased its stake in Flexsteel Industries by 22,639 shares (a 462.3% increase), now holding 27,536 shares valued at $1.24 million. source
- Bank of America Corp DE significantly increased its stake in Hyperliquid Strategies Inc (NASDAQ:PURR) by 896.4% in the first quarter, purchasing an additional 214,187 shares to own a total of 238,080 shares valued at $1.21 million. source
- Bank of America Corp DE significantly reduced its stake in Bowhead Specialty Holdings Inc. (NYSE:BOW) by 56.6% in the first quarter, selling 74,322 shares and retaining 56,893 shares valued at $1,276,000. source
- Bank of America Corp DE sold 106,081 shares of North American Construction Group Ltd., a 52.8% decrease, and now holds 94,921 shares valued at $1.28 million. source
- Bank of America Corp DE significantly reduced its stake in Nano Nuclear Energy Inc. (NNE) by selling 826,600 shares in the first quarter. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Bank of America Corp DE increased its stake in Flexsteel Industries by 22,639 shares (a 462.3% increase), now holding 27,536 shares valued… |
| assets | positive | realized | — | Bank of America Corp DE significantly increased its stake in Hyperliquid Strategies Inc (NASDAQ:PURR) by 896.4% in the first quarter,… |
| assets | negative | realized | — | Bank of America Corp DE significantly reduced its stake in Bowhead Specialty Holdings Inc. (NYSE:BOW) by 56.6% in the first quarter,… |