Crazy! Soaring 50%! Bank of America keeps buying Apple! What signal does the wealthy Bank of America send by crazily increasing its holdings in tech giants such as Apple? On August 15th, the latest disclosed position report showed that Bank of America increased its holdings of over 41 million shares of Apple Inc. in the second quarter, with a total holdings of 122.65 million shares as of the end of the second quarter, a 50% increase compared to 81.59 million shares at the end of the first quarter.