Bank of America Reports Wall Street’s Semiconductor Investment Trends
Bank of America's October 2025 data reveals shifting institutional positions in semiconductor stocks. Nvidia maintains dominance with 76% ownership among fund managers—a 219 basis-point quarterly increase—though its portfolio weighting remains only marginally above peers at 1.11x. Advanced Micro Devices shows contrasting dynamics: while ownership rose to 24% from July's 20%, it remains sharply below October 2024's 38%. AMD's weighting edged up to 0.19x, yet trails last year's 0.59x significantly. Despite this, BofA reaffirms its $300 price target and Buy rating for AMD.
The analysis underscores semiconductor stocks' divergent institutional appeal, with Nvidia consolidating its position as the sector's consensus holding while AMD struggles to regain prior traction. Such positioning metrics often precede price momentum shifts in tech equities.
