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 | |
|---|---|---|---|---|---|---|
2601
Edgewell Personal Care
EPC
$1.31B
| $10.7M | ﹤0.01% |
258,561
+16,806
| +7% | +$718K |
|
2602
Phreesia
PHR
$759M
| $10.7M | ﹤0.01% |
344,147
-45,964
| -12% | -$1.44M |
|
2603
T. Rowe Price Blue Chip Growth ETF
TCHP
$2.21B
| $10.7M | ﹤0.01% |
382,418
+286,085
| +297% | +$7.3M |
|
2604
Acadia Healthcare
ACHC
$2.87B
| $10.7M | ﹤0.01% |
133,857
-65,030
| -33% | -$4.7M |
|
2605
Invesco Value Municipal Income Trust
IIM
$602M
| $10.7M | ﹤0.01% |
901,275
+33,058
| +4% | +$390K |
|
2606
Columbia Diversified Fixed Income Allocation ETF
DIAL
$388M
| $10.6M | ﹤0.01% |
604,624
+2,098
| +0.3% | +$37.1K |
|
2607
B2Gold
BTG
$6.79B
| $10.6M | ﹤0.01% |
2,980,946
+1,769,325
| +146% | +$6.93M |
|
2608
Evolent Health
EVH
$529M
| $10.6M | ﹤0.01% |
350,966
-137,762
| -28% | -$4.45M |
|
|
VRNT
2609
DELISTED
Verint Systems
VRNT
| $10.6M | ﹤0.01% |
303,121
+1,377
| +0.5% | +$49.6K |
|
2610
PUT
DuPont de Nemours
DD
$19.8B
| $10.6M | ﹤0.01% |
118,464
-16,969
| -13% | -$1.46M |
|
2611
National Vision
EYE
$1.53B
| $10.6M | ﹤0.01% |
436,491
-323,346
| -43% | -$7.52M |
|
2612
Invesco S&P MidCap Low Volatility ETF
XMLV
$749M
| $10.6M | ﹤0.01% |
204,732
-33,164
| -14% | -$1.7M |
|
2613
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.69B
| $10.6M | ﹤0.01% |
904,934
-117,824
| -12% | -$1.37M |
|
|
FLG.PRU
2614
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
$119M
| $10.6M | ﹤0.01% |
261,293
-3,458
| -1% | -$138K |
|
2615
Capital Group Growth ETF
CGGR
$25.1B
| $10.6M | ﹤0.01% |
+418,438
| New | +$9.75M |
|
2616
Occidental Petroleum Corp Warrants
OXY.WS
$34.3B
| $10.6M | ﹤0.01% |
282,875
+19,543
| +7% | +$747K |
|
2617
Element Solutions
ESI
$9.46B
| $10.6M | ﹤0.01% |
549,525
+12,124
| +2% | +$223K |
|
|
FYBR
2618
DELISTED
Frontier Communications
FYBR
| $10.5M | ﹤0.01% |
565,196
+356,768
| +171% | +$6.7M |
|
2619
State Street SPDR S&P North American Natural Resources ETF
NANR
$814M
| $10.5M | ﹤0.01% |
204,349
+22,447
| +12% | +$1.18M |
|
2620
CALL
Texas Instruments
TXN
$255B
| $10.5M | ﹤0.01% |
58,300
-401,300
| -87% | -$69.1M |
|
|
SCPL
2621
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $10.5M | ﹤0.01% |
532,365
-72,342
| -12% | -$1.31M |
|
2622
CALL
Walt Disney
DIS
$184B
| $10.5M | ﹤0.01% |
117,100
-38,200
| -25% | -$3.62M |
|
2623
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.42B
| $10.4M | ﹤0.01% |
108,333
-21,879
| -17% | -$1.97M |
|
|
EA
2624
PUT
DELISTED
Electronic Arts
EA
| $10.4M | ﹤0.01% |
80,400
| – | – |
|
2625
Stewart Information Services
STC
$2.08B
| $10.4M | ﹤0.01% |
253,373
+1,009
| +0.4% | +$42.7K |
|
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.