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 | |
|---|---|---|---|---|---|---|
2501
CALL
Coca-Cola
KO
$377B
| $11.9M | ﹤0.01% |
198,400
-363,000
| -65% | -$22.6M |
|
2502
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.41B
| $11.9M | ﹤0.01% |
477,113
+42,144
| +10% | +$1.1M |
|
2503
VanEck Short High Yield Muni ETF
SHYD
$456M
| $11.9M | ﹤0.01% |
534,845
+9,511
| +2% | +$212K |
|
2504
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.98B
| $11.9M | ﹤0.01% |
166,394
-2,814
| -2% | -$192K |
|
2505
MDU Resources
MDU
$4.34B
| $11.9M | ﹤0.01% |
1,024,365
-369,897
| -27% | -$4.16M |
|
2506
CALL
Logitech
LOGI
$14.8B
| $11.9M | ﹤0.01% |
200,000
+100,000
| +100% | +$6.05M |
|
|
MDC
2507
DELISTED
M.D.C. Holdings, Inc.
MDC
| $11.9M | ﹤0.01% |
253,853
-363,485
| -59% | -$15.1M |
|
2508
Lazard
LAZ
$4.35B
| $11.9M | ﹤0.01% |
370,677
+161,383
| +77% | +$4.99M |
|
2509
CALL
Thermo Fisher Scientific
TMO
$218B
| $11.8M | ﹤0.01% |
22,700
-20,200
| -47% | -$10.9M |
|
|
MRTX
2510
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $11.8M | ﹤0.01% |
327,756
-58,494
| -15% | -$2.41M |
|
|
KDNY
2511
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $11.8M | ﹤0.01% |
308,007
-6,668
| -2% | -$171K |
|
2512
Fluence Energy
FLNC
$2.43B
| $11.8M | ﹤0.01% |
444,038
+102,887
| +30% | +$2.3M |
|
2513
Greif
GEF
$4.97B
| $11.8M | ﹤0.01% |
171,607
-34,845
| -17% | -$2.24M |
|
|
NBXG
2514
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.25B
| $11.8M | ﹤0.01% |
1,078,373
+55,957
| +5% | +$566K |
|
2515
Affirm
AFRM
$26.2B
| $11.7M | ﹤0.01% |
766,248
-1,975,394
| -72% | -$26.2M |
|
2516
Ollie's Bargain Outlet
OLLI
$4.62B
| $11.7M | ﹤0.01% |
202,477
-59,767
| -23% | -$3.68M |
|
2517
State Street SPDR MSCI USA StrategicFactors ETF
QUS
$1.59B
| $11.7M | ﹤0.01% |
95,331
+2,161
| +2% | +$255K |
|
2518
UGI
UGI
$7.59B
| $11.7M | ﹤0.01% |
434,077
-16,840
| -4% | -$511K |
|
2519
Caribou Biosciences
CRBU
$169M
| $11.7M | ﹤0.01% |
2,751,490
+119,105
| +5% | +$535K |
|
|
WBA
2520
CALL
DELISTED
Walgreens Boots Alliance
WBA
| $11.7M | ﹤0.01% |
410,000
+100,000
| +32% | +$3.26M |
|
2521
Carter's
CRI
$1.42B
| $11.7M | ﹤0.01% |
160,736
-37,055
| -19% | -$2.5M |
|
2522
Gentex
GNTX
$5.03B
| $11.7M | ﹤0.01% |
398,802
-63,003
| -14% | -$1.74M |
|
2523
BlackRock MuniHoldings Fund
MHD
$607M
| $11.7M | ﹤0.01% |
1,003,294
-84,554
| -8% | -$984K |
|
|
ACCD
2524
DELISTED
Accolade Inc
ACCD
| $11.7M | ﹤0.01% |
865,753
-4,335
| -0.5% | -$56.3K |
|
2525
iShares Gold Trust Micro
IAUM
$6.93B
| $11.6M | ﹤0.01% |
606,969
+594,075
| +4,607% | +$11.7M |
|
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.