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 | |
|---|---|---|---|---|---|---|
2826
PUT
Union Pacific
UNP
$174B
| $8.49M | ﹤0.01% |
41,500
-13,500
| -25% | -$2.68M |
|
2827
BlackRock TCP Capital
TCPC
$342M
| $8.49M | ﹤0.01% |
778,147
+159,107
| +26% | +$1.67M |
|
2828
Sonos
SONO
$1.93B
| $8.49M | ﹤0.01% |
519,645
-338,171
| -39% | -$6M |
|
2829
Goodyear
GT
$1.76B
| $8.48M | ﹤0.01% |
620,067
-2,617,642
| -81% | -$32.7M |
|
|
SWN
2830
CALL
DELISTED
Southwestern Energy Company
SWN
| $8.47M | ﹤0.01% |
1,410,000
+1,041,200
| +282% | +$5.37M |
|
|
MAXN
2831
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $8.45M | ﹤0.01% |
+3,000
| New | +$8.58M |
|
2832
BlackRock Enhanced Captial and Income Fund
CII
$1.01B
| $8.39M | ﹤0.01% |
453,424
+31,659
| +8% | +$568K |
|
2833
PUT
EOG Resources
EOG
$74.8B
| $8.39M | ﹤0.01% |
73,300
-65,500
| -47% | -$7.48M |
|
2834
PUT
RTX Corp
RTX
$301B
| $8.39M | ﹤0.01% |
85,600
-137,700
| -62% | -$13.5M |
|
|
DCH
2835
CALL
Dauch Corp
DCH
$1.6B
| $8.38M | ﹤0.01% |
1,012,900
-43,400
| -4% | -$322K |
|
2836
Q2 Holdings
QTWO
$4.04B
| $8.37M | ﹤0.01% |
270,906
-65,653
| -20% | -$1.72M |
|
2837
Vir Biotechnology
VIR
$1.56B
| $8.36M | ﹤0.01% |
340,902
-268,813
| -44% | -$6.75M |
|
|
FSP
2838
Franklin Street Properties
FSP
$50.8M
| $8.35M | ﹤0.01% |
5,757,838
+3,175,115
| +123% | +$4.39M |
|
2839
FLEX LNG
FLNG
$1.67B
| $8.35M | ﹤0.01% |
273,432
-20,973
| -7% | -$671K |
|
2840
Douglas Dynamics
PLOW
$976M
| $8.35M | ﹤0.01% |
279,360
-59,402
| -18% | -$1.74M |
|
2841
Super Micro Computer
SMCI
$25.8B
| $8.35M | ﹤0.01% |
334,880
-406,720
| -55% | -$6.81M |
|
|
AJRD
2842
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $8.35M | ﹤0.01% |
152,106
-55,939
| -27% | -$3.11M |
|
2843
PUT
Madrigal Pharmaceuticals
MDGL
$11.7B
| $8.34M | ﹤0.01% |
+36,100
| New | +$9.78M |
|
2844
IPG Photonics
IPGP
$3.65B
| $8.34M | ﹤0.01% |
61,392
-39,053
| -39% | -$4.6M |
|
2845
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$590M
| $8.34M | ﹤0.01% |
254,825
-7,559
| -3% | -$242K |
|
|
BSJN
2846
DELISTED
Invesco BulletShares 2023 High Yield Corporate Bond ETF
BSJN
| $8.33M | ﹤0.01% |
354,313
-81,875
| -19% | -$1.93M |
|
2847
First Trust Small Cap Growth AlphaDEX Fund
FYC
$1.42B
| $8.31M | ﹤0.01% |
138,062
-1,335
| -1% | -$76.8K |
|
2848
Oceaneering
OII
$5.2B
| $8.31M | ﹤0.01% |
444,267
-111,137
| -20% | -$1.92M |
|
|
KCGI
2849
DELISTED
Kensington Capital Acquisition Corp. V
KCGI
| $8.31M | ﹤0.01% |
786,600
| – | – |
|
2850
Cinemark Holdings
CNK
$4.33B
| $8.3M | ﹤0.01% |
502,762
+242,551
| +93% | +$4.03M |
|
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.