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 | |
|---|---|---|---|---|---|---|
|
JKS
2851
JinkoSolar
JKS
$877M
| $8.28M | ﹤0.01% |
186,569
-12,697
| -6% | -$574K |
|
2852
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.3B
| $8.27M | ﹤0.01% |
366,890
-4,405,022
| -92% | -$100M |
|
2853
John Hancock Multifactor Developed International ETF
JHMD
$987M
| $8.26M | ﹤0.01% |
265,752
+1,987
| +0.8% | +$62K |
|
2854
ACV Auctions
ACVA
$1.4B
| $8.26M | ﹤0.01% |
478,523
+52,331
| +12% | +$800K |
|
2855
iShares Currency Hedged MSCI Emerging Markets
HEEM
$293M
| $8.26M | ﹤0.01% |
336,466
+2,571
| +0.8% | +$61.9K |
|
2856
iShares MSCI Emerging Markets Small-Cap ETF
EEMS
$377M
| $8.26M | ﹤0.01% |
154,090
-647
| -0.4% | -$33.5K |
|
2857
Glacier Bancorp
GBCI
$6.5B
| $8.24M | ﹤0.01% |
264,323
-8,434
| -3% | -$278K |
|
2858
Central Garden & Pet Co Class A
CENTA
$2.37B
| $8.23M | ﹤0.01% |
282,199
-13,754
| -5% | -$397K |
|
2859
CALL
Ormat Technologies
ORA
$7.06B
| $8.23M | ﹤0.01% |
102,300
-1,700
| -2% | -$144K |
|
2860
iShares iBonds Dec 2027 Term Treasury ETF
IBTH
$2.28B
| $8.23M | ﹤0.01% |
371,398
-12,026
| -3% | -$271K |
|
2861
Ardelyx
ARDX
$1.05B
| $8.21M | ﹤0.01% |
2,422,110
+343,611
| +17% | +$1.41M |
|
2862
Five Point Holdings
FPH
$371M
| $8.21M | ﹤0.01% |
2,841,106
| – | – |
|
2863
Old Republic International
ORI
$10.3B
| $8.2M | ﹤0.01% |
325,967
+15,853
| +5% | +$397K |
|
2864
PUT
Suncor Energy
SU
$77B
| $8.2M | ﹤0.01% |
279,600
+229,600
| +459% | +$6.87M |
|
2865
Protagonist Therapeutics
PTGX
$10B
| $8.18M | ﹤0.01% |
296,240
-470,750
| -61% | -$11.8M |
|
2866
Duolingo
DUOL
$6.21B
| $8.17M | ﹤0.01% |
57,145
-47,489
| -45% | -$6.81M |
|
2867
PUT
Honeywell
HON
$74.2B
| $8.15M | ﹤0.01% |
41,697
+13,262
| +47% | +$2.46M |
|
|
GAQ
2868
DELISTED
Generation Asia I Acquisition Limited Class A Ordinary Shares
GAQ
| $8.15M | ﹤0.01% |
775,026
| – | – |
|
2869
Hillman Solutions
HLMN
$1.69B
| $8.15M | ﹤0.01% |
904,477
+39,498
| +5% | +$329K |
|
2870
Concentrix
CNXC
$1.49B
| $8.15M | ﹤0.01% |
100,877
+15,010
| +17% | +$1.4M |
|
2871
Shoals Technologies Group
SHLS
$1.42B
| $8.13M | ﹤0.01% |
318,116
-461,881
| -59% | -$10.7M |
|
2872
DoubleVerify
DV
$2.04B
| $8.13M | ﹤0.01% |
208,841
-34,260
| -14% | -$1.11M |
|
2873
iShares Currency Hedged MSCI Japan ETF
HEWJ
$766M
| $8.13M | ﹤0.01% |
241,500
-21,103
| -8% | -$654K |
|
2874
BlackRock ESG Capital Allocation Term Trust
ECAT
$1.54B
| $8.11M | ﹤0.01% |
518,063
+15,840
| +3% | +$245K |
|
|
EOI
2875
Eaton Vance Enhanced Equity Income Fund
EOI
$824M
| $8.11M | ﹤0.01% |
491,792
+9,827
| +2% | +$154K |
|
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.