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 | |
|---|---|---|---|---|---|---|
|
ZH
2876
Zhihu
ZH
$272M
| $8.1M | ﹤0.01% |
1,194,240
| – | – |
|
|
VRN
2877
DELISTED
Veren
VRN
| $8.09M | ﹤0.01% |
1,201,752
+523,292
| +77% | +$3.65M |
|
2878
Enpro
NPO
$7.27B
| $8.08M | ﹤0.01% |
60,535
-5,334
| -8% | -$566K |
|
2879
Enlight Renewable Energy
ENLT
$11.9B
| $8.08M | ﹤0.01% |
455,387
+221,993
| +95% | +$3.93M |
|
2880
iShares Core MSCI Pacific ETF
IPAC
$2.78B
| $8.08M | ﹤0.01% |
140,639
-10,485
| -7% | -$600K |
|
2881
JPMorgan Municipal ETF
JMUB
$8.51B
| $8.07M | ﹤0.01% |
+160,737
| New | +$8.09M |
|
2882
Itron
ITRI
$4.45B
| $8.07M | ﹤0.01% |
111,959
-44,039
| -28% | -$2.78M |
|
2883
CALL
PepsiCo
PEP
$192B
| $8.06M | ﹤0.01% |
43,500
+8,900
| +26% | +$1.66M |
|
|
PFSW
2884
DELISTED
PFSweb, Inc.
PFSW
| $8.06M | ﹤0.01% |
1,782,279
-4,986
| -0.3% | -$20.8K |
|
2885
Onto Innovation
ONTO
$20.3B
| $8.06M | ﹤0.01% |
69,161
-21,552
| -24% | -$2.06M |
|
2886
Flowserve
FLS
$10.3B
| $8.05M | ﹤0.01% |
216,734
-57,962
| -21% | -$2.01M |
|
2887
abrdn Physical Palladium Shares ETF
PALL
$651M
| $8.05M | ﹤0.01% |
353,745
-64,515
| -15% | -$1.72M |
|
2888
Schwab Fundamental US Small Company Index ETF
FNDA
$9.45B
| $8.03M | ﹤0.01% |
318,530
+29,828
| +10% | +$716K |
|
2889
PUT
Palo Alto Networks
PANW
$313B
| $8.02M | ﹤0.01% |
+62,800
| New | +$6.53M |
|
2890
Global Partners
GLP
$1.72B
| $8.02M | ﹤0.01% |
260,875
+24,685
| +10% | +$752K |
|
2891
Constellium
CSTM
$4.01B
| $8.01M | ﹤0.01% |
465,938
+119,939
| +35% | +$1.84M |
|
2892
Arcosa
ACA
$7.14B
| $7.98M | ﹤0.01% |
105,366
-62,704
| -37% | -$4.22M |
|
2893
Denali Therapeutics
DNLI
$3.9B
| $7.97M | ﹤0.01% |
270,245
-149,591
| -36% | -$4.21M |
|
2894
PagSeguro Digital
PAGS
$2.4B
| $7.97M | ﹤0.01% |
843,930
+288,107
| +52% | +$2.92M |
|
|
DCH
2895
Dauch Corp
DCH
$1.6B
| $7.96M | ﹤0.01% |
963,028
+140,225
| +17% | +$1.04M |
|
|
ETV
2896
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
$1.76B
| $7.95M | ﹤0.01% |
622,118
+44,727
| +8% | +$555K |
|
2897
Pacific Biosciences
PACB
$357M
| $7.95M | ﹤0.01% |
597,720
-242,167
| -29% | -$2.94M |
|
2898
Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
$971M
| $7.94M | ﹤0.01% |
175,516
-38,056
| -18% | -$1.72M |
|
2899
Center Bancorp
CNOB
$1.79B
| $7.94M | ﹤0.01% |
478,478
-172,945
| -27% | -$2.7M |
|
2900
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$726M
| $7.93M | ﹤0.01% |
359,994
+27,826
| +8% | +$634K |
|
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.