BAC · News · 20260907N
Institutional Portfolio Reshaping
BANK OF AMERICA CORP /DE/ · 2026-09-07 · 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 significantly increased its stake in Paysign, Inc. by 345.9% in Q1, now holding 130,930 shares valued at $772,000. source
- HighTower Advisors LLC increased its Bank of America stake by 5.5% in Q2 to 6,935,356 shares worth approximately $395.18 million. source
- The Virginia Retirement Systems purchased 880,569 shares of Bank of America during Q2 valued at approximately $50.175 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Bank of America Corp DE significantly increased its stake in Paysign, Inc. by 345.9% in Q1, now holding 130,930 shares valued at $772,000. |