Bank of America Portfolio holdings
Bank of America, founded in 1904 as the Bank of Italy by Amadeo Giannini to serve immigrants in San Francisco, is now one of the largest financial institutions in the world, headquartered in Charlotte, North Carolina, following its 1998 merger with NationsBank. It provides a broad spectrum of services, including consumer banking, wealth management (through its Merrill division), commercial banking, and investment banking, managing trillions in assets and serving millions of customers globally.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IPG
Interpublic Group of Companies
IPG
|
+$801M |
| 2 |
Albemarle
ALB
|
+$629M |
| 3 |
Becton Dickinson
BDX
|
+$626M |
| 4 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$526M |
| 5 |
Synchrony
SYF
|
+$400M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$4.76B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$3.1B |
| 3 |
Microsoft
MSFT
|
+$2.93B |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$2.64B |
| 5 |
NVIDIA
NVDA
|
+$1.88B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.24% |
| 2 | Financials | 6.59% |
| 3 | Healthcare | 6.56% |
| 4 | Consumer Discretionary | 5.38% |
| 5 | Industrials | 5.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
PUT
American Tower
AMT
$81.8B
| $12.2M | ﹤0.01% |
63,100
+7,100
| +13% | +$1.39M |
|
2477
Invesco S&P SmallCap Industrials ETF
PSCI
$195M
| $12.2M | ﹤0.01% |
117,250
+14,917
| +15% | +$1.43M |
|
2478
Dimensional US Targeted Value ETF
DFAT
$14.9B
| $12.2M | ﹤0.01% |
262,808
-217,796
| -45% | -$9.56M |
|
2479
ProShares UltraPro QQQ
TQQQ
$38.5B
| $12.2M | ﹤0.01% |
594,568
-913,098
| -61% | -$14.6M |
|
2480
Boot Barn
BOOT
$4.95B
| $12.2M | ﹤0.01% |
143,906
-3,747
| -3% | -$275K |
|
|
LAC
2481
PUT
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $12.2M | ﹤0.01% |
603,000
-229,400
| -28% | -$4.73M |
|
2482
PUT
APA Corp
APA
$14.2B
| $12.2M | ﹤0.01% |
356,200
-68,800
| -16% | -$2.4M |
|
|
AGNT
2483
AGNT Inc
AGNT
$727M
| $12.2M | ﹤0.01% |
599,279
-730,316
| -55% | -$10.9M |
|
|
FMIV
2484
DELISTED
Forum Merger IV Corporation Class A Common stock
FMIV
| $12.1M | ﹤0.01% |
1,182,332
| – | – |
|
2485
PUT
KraneShares CSI China Internet ETF
KWEB
$5.35B
| $12.1M | ﹤0.01% |
450,000
| – | – |
|
2486
iShares Russell Top 200 Value ETF
IWX
$4.04B
| $12.1M | ﹤0.01% |
179,328
+2,636
| +1% | +$173K |
|
2487
ArcelorMittal
MT
$55.7B
| $12.1M | ﹤0.01% |
442,305
+4,331
| +1% | +$119K |
|
2488
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $12.1M | ﹤0.01% |
201,170
+62,529
| +45% | +$3.78M |
|
2489
PUT
GE Aerospace
GE
$382B
| $12.1M | ﹤0.01% |
137,705
-36,838
| -21% | -$2.98M |
|
2490
Western Alliance Bancorporation
WAL
$8.98B
| $12.1M | ﹤0.01% |
330,948
+112,919
| +52% | +$3.92M |
|
2491
Vita Coco
COCO
$3.77B
| $12.1M | ﹤0.01% |
448,458
+340,603
| +316% | +$8.29M |
|
2492
Celldex Therapeutics
CLDX
$3.29B
| $12M | ﹤0.01% |
354,921
-6,596
| -2% | -$222K |
|
2493
Vaxcyte
PCVX
$8.64B
| $12M | ﹤0.01% |
241,103
-43,006
| -15% | -$2.04M |
|
2494
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.98B
| $12M | ﹤0.01% |
338,173
-121,618
| -26% | -$4.12M |
|
2495
Westlake Corp
WLK
$10.2B
| $12M | ﹤0.01% |
100,417
-42,571
| -30% | -$4.87M |
|
2496
Elanco Animal Health
ELAN
$11.8B
| $12M | ﹤0.01% |
1,192,045
-1,367,059
| -53% | -$12.7M |
|
2497
Kaiser Aluminum
KALU
$2.97B
| $12M | ﹤0.01% |
167,348
+25,754
| +18% | +$1.7M |
|
2498
MYR Group
MYRG
$5.21B
| $12M | ﹤0.01% |
86,590
-5,384
| -6% | -$703K |
|
2499
MGIC Investment
MTG
$6.39B
| $12M | ﹤0.01% |
758,471
-336,401
| -31% | -$4.99M |
|
|
CMA
2500
DELISTED
Comerica
CMA
| $12M | ﹤0.01% |
282,404
-516,727
| -65% | -$20.9M |
|
Similar funds
Bank of America's Q2 2023 Portfolio in Review
As of Q2 2023, Bank of America held 8,229 positions worth $954B, down 2% from $974B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Bank of America withdrew a net $74.4B in Q2 2023, closing 523 positions and reducing 4,111 holdings. Its most notable exit was Shaw Communications Inc., an estimated $512M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Bank of America opened a new position in Indivior Pharmaceuticals worth $56.8M.
- Bank of America's largest Q2 2023 buy was Indivior Pharmaceuticals: 2,386,915 shares worth $56.8M.
- Bank of America added most to Interpublic Group of Companies in Q2 2023, an estimated $801M increase.
- Bank of America's biggest Q2 2023 reduction was Apple, cutting an estimated $4.76B.
- Bank of America fully exited Shaw Communications Inc. in Q2 2023, selling an estimated $512M.
- Bank of America's ten largest holdings make up 17% of its $954B portfolio in Q2 2023.
- Bank of America opened 475 new positions and closed 523 in Q2 2023.
- Bank of America's portfolio value fell 2% quarter-over-quarter to $954B.
Based on Bank of America's 13F filing for Q2 2023, filed 14 Aug 2023.