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 | |
|---|---|---|---|---|---|---|
2551
Vermilion Energy
VET
$1.73B
| $11.3M | ﹤0.01% |
909,243
+476,784
| +110% | +$5.88M |
|
2552
CALL
Rapid7
RPD
$876M
| $11.3M | ﹤0.01% |
250,000
| – | – |
|
|
MZTI
2553
The Marzetti Company
MZTI
$3.18B
| $11.3M | ﹤0.01% |
56,284
-5,400
| -9% | -$1.1M |
|
2554
Nuveen Municipal Value Fund
NUV
$1.9B
| $11.3M | ﹤0.01% |
1,300,370
+23,727
| +2% | +$209K |
|
2555
BlackRock Taxable Municipal Bond Trust
BBN
$979M
| $11.3M | ﹤0.01% |
681,567
-11,390
| -2% | -$196K |
|
2556
CTS Corp
CTS
$1.81B
| $11.3M | ﹤0.01% |
264,653
-21,425
| -7% | -$942K |
|
2557
Adams Diversified Equity Fund
ADX
$3.28B
| $11.3M | ﹤0.01% |
670,838
+60,375
| +10% | +$960K |
|
2558
CALL
American Tower
AMT
$81.8B
| $11.3M | ﹤0.01% |
58,100
-2,600
| -4% | -$508K |
|
2559
iShares Morningstar Value ETF
ILCV
$1.36B
| $11.3M | ﹤0.01% |
169,266
-10,090
| -6% | -$650K |
|
2560
Invesco S&P 500 Equal Weight Materials ETF
RSPM
$184M
| $11.2M | ﹤0.01% |
346,365
-137,945
| -28% | -$4.35M |
|
2561
Pacer Industrial Real Estate ETF
INDS
$116M
| $11.2M | ﹤0.01% |
286,455
-7,832
| -3% | -$312K |
|
2562
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.21B
| $11.2M | ﹤0.01% |
237,423
-4,574
| -2% | -$216K |
|
2563
Federal Realty Investment Trust
FRT
$10.3B
| $11.2M | ﹤0.01% |
115,678
-223,685
| -66% | -$21M |
|
2564
iShares CMBS ETF
CMBS
$474M
| $11.2M | ﹤0.01% |
244,039
-61,457
| -20% | -$2.85M |
|
2565
Carvana
CVNA
$83.1B
| $11.2M | ﹤0.01% |
2,154,690
-4,970,460
| -70% | -$13.8M |
|
2566
Scholastic
SCHL
$781M
| $11.1M | ﹤0.01% |
286,318
-2,230
| -0.8% | -$86.6K |
|
2567
First Trust Nasdaq Artificial Intelligence and Robotics ETF
ROBT
$789M
| $11.1M | ﹤0.01% |
243,163
+99,119
| +69% | +$4.24M |
|
2568
DaVita
DVA
$11.5B
| $11.1M | ﹤0.01% |
110,452
-103,272
| -48% | -$9.58M |
|
2569
Malibu Boats
MBUU
$576M
| $11.1M | ﹤0.01% |
189,140
-4,323
| -2% | -$243K |
|
2570
PUT
Biogen
BIIB
$31B
| $11.1M | ﹤0.01% |
38,900
-44,100
| -53% | -$13.1M |
|
2571
SPX Corp
SPXC
$10.9B
| $11.1M | ﹤0.01% |
130,371
-38,398
| -23% | -$2.86M |
|
2572
Copa Holdings
CPA
$6.14B
| $11.1M | ﹤0.01% |
100,048
+2,685
| +3% | +$269K |
|
|
PPBI
2573
DELISTED
Pacific Premier Bancorp
PPBI
| $11M | ﹤0.01% |
534,269
-43,326
| -8% | -$903K |
|
|
CHI
2574
Calamos Convertible Opportunities and Income Fund
CHI
$1.07B
| $11M | ﹤0.01% |
986,430
+4,070
| +0.4% | +$43.1K |
|
2575
PUT
Intuit
INTU
$94.6B
| $11M | ﹤0.01% |
24,100
+21,000
| +677% | +$9.2M |
|
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.