Net Change
-$38.6B
-1.3% QoQ
Period
2025 Q4: Securities declined $38.6B across 7 holdcos
Combined AFS + HTM · QoQ (2025 Q3 → 2025 Q4)
Total Securities
$3,029.9B
AFS $1,668.8B · HTM $1,361.1B
AFS / HTM
55% / 45%
of total portfolio
Unrealized G/L
-$155.8B
+$15.2B QoQ
Largest Increase
BNY +$0.3B
biggest positive QoQ move
Largest Decrease
BAC -$13.2B
biggest negative QoQ move
Key Observations
GSSecurities declined 5.3% QoQ — significant move.
BACUnrealized losses at -9.0% of portfolio — largest relative drag.
Holdings by BankClick headers to sort
| Holdco▼ | Total▼ | QoQ | AFS/HTM | Trend | Composition |
|---|---|---|---|---|---|
| BACBank of America Corporation | $911.3B | -$13.2B -1.4% | 57%H | ||
| JPMJPMorgan Chase & Co. | $777.5B | -$8.4B -1.1% | 35%H | ||
| CCitigroup Inc. | $433.6B | -$7.2B -1.6% | 44%H | ||
| WFCWells Fargo & Company | $423.9B | -$0.5B -0.1% | 49%H | ||
| GSThe Goldman Sachs Group, Inc. | $167.4B | -$9.4B -5.3% | 41%H | ||
| MSMorgan Stanley | $165.7B | -$0.3B -0.2% | 32%H | ||
| BNYThe Bank of New York Mellon Corporation | $150.5B | +$0.3B +0.2% | 32%H |
Split:AFSHTM
Comp:USTMBSCMBSCMOABSMuniForeignOther
Changes by Security Type
TypeTotalShareQoQYoY
U.S. Treasuries
$1,257.1B41.2%-$29.3B+$105.4B
Pass-throughs / MBS
$1,087.1B35.6%-$18.7B-$62.1B
CMBS
$96.9B3.2%+$5.6B+$12.0B
CMO
$78.7B2.6%-$2.8B+$9.3B
ABS / Structured
$159.4B5.2%+$8.6B-$8.2B
Municipals
$70.6B2.3%-$1.2B-$1.4B
Foreign Debt
$283.2B9.3%+$3.1B+$48.6B
Other
$20.6B0.7%-$0.5B-$2.6B
Unrealized G/L
BankTotalQoQΔ %Port
BAC-$82.1B+$5.6B
+0.6%
WFC-$34.5B+$2.6B
+0.6%
MS-$9.5B+$0.7B
+0.4%
C-$10.4B+$1.8B
+0.4%
JPM-$16.9B+$3.5B
+0.5%
BNY-$3.0B+$0.7B
+0.4%
GS$0.7B+$0.4B
+0.2%
Explore the Data
Drill into individual holding companies and bank subsidiaries, compare across firms, and view historical composition data.
Methodology
This view summarizes 7 holdcos for 2025 Q4, comparing each with its prior reported quarter. Sector views combine AFS plus HTM balances. Source data is from FR Y-9C filings (Federal Reserve) and FDIC Call Reports.