BAC · News · 20260906N

Institutional Portfolio Reshaping

BANK OF AMERICA CORP /DE/ · 2026-09-06 · 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 reduced its stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 82.6% in the first quarter, selling 158,090 shares and now owning 33,375 shares valued at $938,000. source
• Bank of America Corp DE significantly reduced its stake in Granite Ridge Resources, Inc. (NYSE:GRNT) by 87.6% in the first quarter, selling over a million shares. source

Impact estimates