Bank of America Shares Sold by Inceptionr LLC

Hedge fund decreased stake in financial services provider by nearly 50% in Q3

Published on Mar. 9, 2026

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Inceptionr LLC, a hedge fund, decreased its stake in shares of Bank of America Corporation (NYSE:BAC) by 49.1% during the 3rd quarter, according to the company's recent 13F filing with the Securities and Exchange Commission. The firm owned 24,829 shares of the financial services provider's stock after selling 23,919 shares during the period.

Why it matters

This filing provides insight into the investment strategy and portfolio changes of Inceptionr LLC, a hedge fund that manages assets on behalf of its clients. The significant reduction in Bank of America shares suggests the fund may have shifted its focus or outlook on the financial services sector.

The details

According to the 13F filing, Inceptionr LLC's holdings in Bank of America were valued at $1,281,000 as of the end of the 3rd quarter. The firm sold 23,919 shares during the period, reducing its overall stake in the company by 49.1%.

  • Inceptionr LLC filed the 13F report for the 3rd quarter of the year.

The players

Inceptionr LLC

A hedge fund that manages investments on behalf of its clients.

Bank of America Corporation

A multinational financial services company headquartered in Charlotte, North Carolina that provides a range of banking, investment, and asset management products and services.

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The takeaway

The reduction in Inceptionr LLC's Bank of America holdings suggests the fund may be reevaluating its exposure to the financial services sector, though the specific reasons behind the portfolio changes are not clear from the limited information provided in the 13F filing.