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 | |
|---|---|---|---|---|---|---|
2676
Global X SuperDividend ETF
SDIV
$1.21B
| $9.89M | ﹤0.01% |
438,133
-312,280
| -42% | -$6.94M |
|
2677
Brighthouse Financial
BHF
$3.37B
| $9.88M | ﹤0.01% |
208,738
+40,083
| +24% | +$1.73M |
|
2678
Yelp
YELP
$1.34B
| $9.87M | ﹤0.01% |
271,120
-2,320
| -0.8% | -$74.8K |
|
2679
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
TDTT
$2.53B
| $9.86M | ﹤0.01% |
419,187
-86,353
| -17% | -$2.06M |
|
2680
Hertz
HTZ
$798M
| $9.86M | ﹤0.01% |
536,340
+37,714
| +8% | +$618K |
|
2681
Toast
TOST
$20.1B
| $9.86M | ﹤0.01% |
436,919
-193,229
| -31% | -$3.86M |
|
2682
State Street SPDR ICE Preferred Securities ETF
PSK
$683M
| $9.85M | ﹤0.01% |
294,350
-18,796
| -6% | -$630K |
|
2683
Grid Dynamics Holdings
GDYN
$629M
| $9.85M | ﹤0.01% |
1,064,838
+389,912
| +58% | +$3.91M |
|
|
ARTY
2684
iShares Future AI & Tech ETF
ARTY
$4.04B
| $9.85M | ﹤0.01% |
298,009
+71,537
| +32% | +$2.2M |
|
2685
iShares Global Industrials ETF
EXI
$1.49B
| $9.85M | ﹤0.01% |
81,877
-676
| -0.8% | -$77.8K |
|
2686
Rayonier
RYN
$6.49B
| $9.83M | ﹤0.01% |
345,216
-71,325
| -17% | -$1.99M |
|
|
NTST
2687
NETSTREIT Corp
NTST
$2.1B
| $9.83M | ﹤0.01% |
550,135
-88,227
| -14% | -$1.58M |
|
2688
Brinker International
EAT
$10.2B
| $9.83M | ﹤0.01% |
268,594
+24,079
| +10% | +$908K |
|
2689
CALL
Analog Devices
ADI
$190B
| $9.82M | ﹤0.01% |
50,400
-14,500
| -22% | -$2.69M |
|
2690
Comfort Systems
FIX
$62.4B
| $9.82M | ﹤0.01% |
59,793
-413
| -0.7% | -$61.4K |
|
2691
Nuveen Dynamic Municipal Opportunities Fund
NDMO
$608M
| $9.8M | ﹤0.01% |
963,136
-84,285
| -8% | -$885K |
|
2692
PUT
PennyMac Financial
PFSI
$4.05B
| $9.79M | ﹤0.01% |
+139,300
| New | +$8.82M |
|
|
MEGI
2693
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$795M
| $9.79M | ﹤0.01% |
714,870
+40,398
| +6% | +$571K |
|
2694
Tenaris
TS
$27B
| $9.79M | ﹤0.01% |
326,715
-812,626
| -71% | -$22.6M |
|
2695
Chunghwa Telecom
CHT
$33B
| $9.76M | ﹤0.01% |
261,849
+1,823
| +0.7% | +$74K |
|
2696
System1
SST
$24.6M
| $9.76M | ﹤0.01% |
216,816
-3,560
| -2% | -$135K |
|
2697
DNP Select Income Fund
DNP
$4.14B
| $9.75M | ﹤0.01% |
930,331
-92,280
| -9% | -$964K |
|
2698
GFL Environmental
GFL
$15.1B
| $9.73M | ﹤0.01% |
250,794
-155,157
| -38% | -$5.64M |
|
2699
CALL
Telus
TU
$15.4B
| $9.73M | ﹤0.01% |
500,000
+100,000
| +25% | +$2.01M |
|
2700
Invesco BulletShares 2030 Corporate Bond ETF
BSCU
$2.69B
| $9.71M | ﹤0.01% |
599,645
+77,594
| +15% | +$1.27M |
|
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.