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 | |
|---|---|---|---|---|---|---|
2901
JPMorgan BetaBuilders Europe ETF
BBEU
$9.52B
| $7.93M | ﹤0.01% |
146,481
+28,738
| +24% | +$1.57M |
|
|
AAC
2902
DELISTED
Ares Acquisition Corporation
AAC
| $7.93M | ﹤0.01% |
750,000
-250,000
| -25% | -$2.61M |
|
2903
Renasant Corp
RNST
$3.98B
| $7.91M | ﹤0.01% |
302,758
+4,351
| +1% | +$120K |
|
2904
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$602M
| $7.9M | ﹤0.01% |
94,247
-827
| -0.9% | -$67.9K |
|
2905
Invesco Dorsey Wright Technology Momentum ETF
PTF
$676M
| $7.9M | ﹤0.01% |
160,881
+1,518
| +1% | +$66.4K |
|
2906
Telephone and Data Systems
TDS
$4.05B
| $7.87M | ﹤0.01% |
956,326
-12,186
| -1% | -$103K |
|
2907
Hope Bancorp
HOPE
$1.85B
| $7.87M | ﹤0.01% |
934,403
-32,244
| -3% | -$282K |
|
2908
CALL
Williams Companies
WMB
$92B
| $7.87M | ﹤0.01% |
241,100
-746,700
| -76% | -$22.4M |
|
2909
MINISO
MNSO
$3.52B
| $7.86M | ﹤0.01% |
462,562
+212,048
| +85% | +$3.54M |
|
2910
Ironwood Pharmaceuticals
IRWD
$712M
| $7.84M | ﹤0.01% |
737,278
-318,831
| -30% | -$3.43M |
|
2911
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.33B
| $7.83M | ﹤0.01% |
628,767
+30,262
| +5% | +$356K |
|
2912
PUT
Sun Life Financial
SLF
$45.1B
| $7.82M | ﹤0.01% |
150,000
| – | – |
|
|
IMGN
2913
DELISTED
Immunogen Inc
IMGN
| $7.82M | ﹤0.01% |
414,178
-1,454,845
| -78% | -$17.2M |
|
|
FPF
2914
First Trust Intermediate Duration Preferred & Income Fund
FPF
$1.09B
| $7.81M | ﹤0.01% |
503,847
-715
| -0.1% | -$11K |
|
2915
TG Therapeutics
TGTX
$7.46B
| $7.81M | ﹤0.01% |
314,276
-416,250
| -57% | -$10.8M |
|
2916
CALL
Prologis
PLD
$134B
| $7.8M | ﹤0.01% |
+63,600
| New | +$7.82M |
|
2917
Ameris Bancorp
ABCB
$6.02B
| $7.8M | ﹤0.01% |
227,970
-3,298
| -1% | -$109K |
|
2918
iShares iBonds Dec 2028 Term Muni Bond ETF
IBMQ
$662M
| $7.78M | ﹤0.01% |
309,029
+19,730
| +7% | +$499K |
|
2919
Gentherm
THRM
$1.35B
| $7.76M | ﹤0.01% |
137,352
+9,549
| +7% | +$550K |
|
2920
VanEck Durable High Dividend ETF
DURA
$39.5M
| $7.76M | ﹤0.01% |
243,459
-25,455
| -9% | -$793K |
|
|
GAM
2921
General American Investors Company
GAM
$1.62B
| $7.75M | ﹤0.01% |
185,866
+4,049
| +2% | +$161K |
|
2922
CALL
Rockwell Automation
ROK
$49.9B
| $7.74M | ﹤0.01% |
23,500
+10,500
| +81% | +$3.03M |
|
2923
Genesis Energy
GEL
$1.93B
| $7.74M | ﹤0.01% |
810,429
-81,944
| -9% | -$845K |
|
|
INN
2924
Summit Hotel Properties
INN
$651M
| $7.71M | ﹤0.01% |
1,184,880
+87,511
| +8% | +$579K |
|
|
BWIN
2925
Baldwin Insurance Group
BWIN
$3.05B
| $7.71M | ﹤0.01% |
311,219
-279,781
| -47% | -$6.62M |
|
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.