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 | |
|---|---|---|---|---|---|---|
2701
Kontoor Brands
KTB
$4.64B
| $9.7M | ﹤0.01% |
230,364
-18,581
| -7% | -$798K |
|
|
ROVR
2702
DELISTED
Rover Group, Inc. Class A Common Stock
ROVR
| $9.63M | ﹤0.01% |
1,960,890
+1,886,120
| +2,523% | +$8.63M |
|
|
BSJO
2703
DELISTED
Invesco BulletShares 2024 High Yield Corporate Bond ETF
BSJO
| $9.63M | ﹤0.01% |
428,191
-16,051
| -4% | -$359K |
|
|
WNS
2704
DELISTED
WNS Holdings
WNS
| $9.61M | ﹤0.01% |
130,380
+2,050
| +2% | +$164K |
|
2705
Dana Inc
DAN
$3.26B
| $9.58M | ﹤0.01% |
563,680
-57,956
| -9% | -$846K |
|
2706
ONE Gas
OGS
$5.09B
| $9.57M | ﹤0.01% |
124,650
-51,880
| -29% | -$4.15M |
|
2707
CALL
Oneok
OKE
$59.9B
| $9.57M | ﹤0.01% |
+155,100
| New | +$9.59M |
|
2708
Gabelli Equity Trust
GAB
$1.8B
| $9.56M | ﹤0.01% |
1,648,996
-215,542
| -12% | -$1.21M |
|
2709
BioCryst Pharmaceuticals
BCRX
$2.49B
| $9.56M | ﹤0.01% |
1,358,158
-2,256,175
| -62% | -$18.1M |
|
2710
Coherent
COHR
$63.7B
| $9.55M | ﹤0.01% |
187,341
-244,148
| -57% | -$9.06M |
|
2711
RLI Corp
RLI
$5.85B
| $9.55M | ﹤0.01% |
139,892
-36,312
| -21% | -$2.41M |
|
2712
iShares US Telecommunications ETF
IYZ
$1.23B
| $9.54M | ﹤0.01% |
431,663
-16,235
| -4% | -$355K |
|
2713
Kura Oncology
KURA
$966M
| $9.54M | ﹤0.01% |
901,248
+395,044
| +78% | +$4.67M |
|
2714
Dine Brands
DIN
$447M
| $9.54M | ﹤0.01% |
164,313
-12,177
| -7% | -$776K |
|
2715
PUT
Prudential Financial
PRU
$43.2B
| $9.53M | ﹤0.01% |
108,000
-35,700
| -25% | -$2.99M |
|
|
JAMF
2716
DELISTED
Jamf
JAMF
| $9.53M | ﹤0.01% |
488,028
-169,602
| -26% | -$3.14M |
|
2717
CNA Financial
CNA
$13.8B
| $9.52M | ﹤0.01% |
246,491
+93,781
| +61% | +$3.65M |
|
2718
PUT
Logitech
LOGI
$14.8B
| $9.5M | ﹤0.01% |
+160,000
| New | +$9.68M |
|
2719
Sigma Lithium
SGML
$1.34B
| $9.5M | ﹤0.01% |
235,691
+82,675
| +54% | +$3.15M |
|
2720
Shinhan Financial Group
SHG
$35.4B
| $9.5M | ﹤0.01% |
364,403
-15,590
| -4% | -$415K |
|
2721
WD-40
WDFC
$3.08B
| $9.46M | ﹤0.01% |
50,129
-22,421
| -31% | -$4.24M |
|
2722
Global E Online
GLBE
$7.12B
| $9.45M | ﹤0.01% |
230,932
+14,806
| +7% | +$487K |
|
2723
Hartford Multifactor US Equity ETF
ROUS
$735M
| $9.45M | ﹤0.01% |
227,979
-13,840
| -6% | -$554K |
|
|
HTLF
2724
DELISTED
Heartland Financial USA, Inc.
HTLF
| $9.44M | ﹤0.01% |
338,710
-401,766
| -54% | -$12.5M |
|
2725
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.23B
| $9.42M | ﹤0.01% |
66,989
-1,525
| -2% | -$210K |
|
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.