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 | |
|---|---|---|---|---|---|---|
|
PYCR
2526
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $11.6M | ﹤0.01% |
491,758
-49,387
| -9% | -$1.15M |
|
2527
Empire State Realty Trust
ESRT
$822M
| $11.6M | ﹤0.01% |
1,552,052
-554,826
| -26% | -$3.5M |
|
|
UCB
2528
United Community Banks
UCB
$4.43B
| $11.6M | ﹤0.01% |
465,138
-93,390
| -17% | -$2.32M |
|
|
EFR
2529
Eaton Vance Senior Floating-Rate Fund
EFR
$317M
| $11.6M | ﹤0.01% |
988,899
+4,868
| +0.5% | +$55.4K |
|
2530
PUT
Metropolitan Bank Holding Corp
MCB
$1.17B
| $11.6M | ﹤0.01% |
+333,900
| New | +$10M |
|
|
COOP
2531
DELISTED
Mr. Cooper
COOP
| $11.6M | ﹤0.01% |
228,862
+112,831
| +97% | +$5.17M |
|
2532
Antero Resources
AR
$11.5B
| $11.6M | ﹤0.01% |
502,488
-181,194
| -27% | -$4.02M |
|
2533
Lincoln Electric
LECO
$15.6B
| $11.6M | ﹤0.01% |
58,230
-67,120
| -54% | -$11.7M |
|
2534
American Airlines Group
AAL
$9.82B
| $11.5M | ﹤0.01% |
643,627
-699,198
| -52% | -$10.3M |
|
2535
CALL
Estee Lauder
EL
$31.2B
| $11.5M | ﹤0.01% |
+58,600
| New | +$12.4M |
|
2536
PUT
XPO
XPO
$24.7B
| $11.5M | ﹤0.01% |
+195,000
| New | +$8.83M |
|
2537
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$140M
| $11.5M | ﹤0.01% |
115,000
-102,500
| -47% | -$14.5M |
|
2538
CALL
ConocoPhillips
COP
$152B
| $11.5M | ﹤0.01% |
110,900
-179,700
| -62% | -$18.5M |
|
2539
Donaldson
DCI
$11.1B
| $11.5M | ﹤0.01% |
183,535
-40,308
| -18% | -$2.52M |
|
2540
Alamo Group
ALG
$2.01B
| $11.5M | ﹤0.01% |
62,320
-5,296
| -8% | -$945K |
|
2541
Invesco Global Listed Private Equity ETF
PSP
$250M
| $11.4M | ﹤0.01% |
217,656
+729
| +0.3% | +$37.7K |
|
2542
iShares Global Financials ETF
IXG
$702M
| $11.4M | ﹤0.01% |
160,012
+5,736
| +4% | +$403K |
|
2543
Universal Display
OLED
$4.09B
| $11.4M | ﹤0.01% |
79,387
-20,857
| -21% | -$2.99M |
|
|
EA
2544
CALL
DELISTED
Electronic Arts
EA
| $11.4M | ﹤0.01% |
87,900
+7,100
| +9% | +$899K |
|
|
CSGS
2545
DELISTED
CSG Systems International
CSGS
| $11.4M | ﹤0.01% |
216,041
-14,122
| -6% | -$721K |
|
2546
iShares Global Materials ETF
MXI
$356M
| $11.4M | ﹤0.01% |
138,924
-2,022
| -1% | -$165K |
|
2547
Encompass Health
EHC
$12.2B
| $11.4M | ﹤0.01% |
167,835
-77,181
| -32% | -$4.84M |
|
2548
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.61B
| $11.4M | ﹤0.01% |
529,791
+38,986
| +8% | +$863K |
|
|
BGB
2549
Blackstone Strategic Credit 2027 Term Fund
BGB
$504M
| $11.3M | ﹤0.01% |
1,038,260
-43,270
| -4% | -$462K |
|
2550
CAE Inc
CAE
$8.43B
| $11.3M | ﹤0.01% |
505,993
+365,912
| +261% | +$8.1M |
|
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.