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 | |
|---|---|---|---|---|---|---|
2576
Liberty Global Class C
LBTYK
$3.49B
| $11M | ﹤0.01% |
621,221
-168,411
| -21% | -$3.14M |
|
2577
Plug Power
PLUG
$3.24B
| $11M | ﹤0.01% |
1,060,344
-32,714
| -3% | -$298K |
|
2578
NMI Holdings
NMIH
$3.44B
| $11M | ﹤0.01% |
426,378
-16,656
| -4% | -$404K |
|
2579
BlackRock Enhanced International Dividend Trust
BGY
$533M
| $11M | ﹤0.01% |
2,017,062
+66,939
| +3% | +$367K |
|
2580
iShares Morningstar Small-Cap Growth ETF
ISCG
$1.03B
| $11M | ﹤0.01% |
264,895
-1,196,647
| -82% | -$46.9M |
|
2581
CALL
Concentrix
CNXC
$1.49B
| $11M | ﹤0.01% |
+135,700
| New | +$12.7M |
|
2582
United Fire Group
UFCS
$1.4B
| $11M | ﹤0.01% |
483,449
-6,838
| -1% | -$169K |
|
2583
CALL
First Solar
FSLR
$24.2B
| $10.9M | ﹤0.01% |
+57,600
| New | +$11.4M |
|
2584
Clean Harbors
CLH
$17B
| $10.9M | ﹤0.01% |
66,509
+28,140
| +73% | +$4.11M |
|
2585
AeroVironment
AVAV
$9.76B
| $10.9M | ﹤0.01% |
106,896
+37,654
| +54% | +$3.79M |
|
2586
TriMas Corp
TRS
$1.4B
| $10.9M | ﹤0.01% |
396,628
-23,351
| -6% | -$617K |
|
2587
State Street SPDR Portfolio Europe ETF
SPEU
$743M
| $10.9M | ﹤0.01% |
282,963
+4,515
| +2% | +$175K |
|
2588
iShares Global Timber & Forestry ETF
WOOD
$269M
| $10.9M | ﹤0.01% |
151,980
-9,195
| -6% | -$658K |
|
2589
Columbia Multi-Sector Municipal Income ETF
MUST
$597M
| $10.9M | ﹤0.01% |
531,089
+142,584
| +37% | +$2.93M |
|
|
FCT
2590
DELISTED
First Trust Senior Floating Rate Income Fund II
FCT
| $10.9M | ﹤0.01% |
1,098,930
-18,335
| -2% | -$178K |
|
|
NEX
2591
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $10.9M | ﹤0.01% |
1,214,501
-163,211
| -12% | -$1.35M |
|
2592
CALL
MetLife
MET
$62.1B
| $10.9M | ﹤0.01% |
192,000
-250,000
| -57% | -$13.9M |
|
2593
Prothena Corp
PRTA
$455M
| $10.8M | ﹤0.01% |
158,862
-405,579
| -72% | -$26.2M |
|
2594
iRhythm Holdings
IRTC
$4.17B
| $10.8M | ﹤0.01% |
103,874
-444,154
| -81% | -$53.3M |
|
2595
New Jersey Resources
NJR
$5.64B
| $10.8M | ﹤0.01% |
228,320
-70,847
| -24% | -$3.57M |
|
2596
PUT
Hershey
HSY
$37B
| $10.7M | ﹤0.01% |
43,000
-12,500
| -23% | -$3.28M |
|
2597
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.5B
| $10.7M | ﹤0.01% |
429,941
+25,203
| +6% | +$612K |
|
|
NUVA
2598
DELISTED
NuVasive, Inc.
NUVA
| $10.7M | ﹤0.01% |
257,371
+26,084
| +11% | +$1.07M |
|
2599
First Trust Global Wind Energy ETF
FAN
$285M
| $10.7M | ﹤0.01% |
611,648
-7,386
| -1% | -$131K |
|
2600
Columbia Emerging Markets Consumer ETF
ECON
$312M
| $10.7M | ﹤0.01% |
516,909
-457,020
| -47% | -$9.24M |
|
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.