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 | |
|---|---|---|---|---|---|---|
2951
Zentalis Pharmaceuticals
ZNTL
$255M
| $7.49M | ﹤0.01% |
265,484
-34,806
| -12% | -$835K |
|
|
AGD
2952
abrdn Global Dynamic Dividend Fund
AGD
$326M
| $7.48M | ﹤0.01% |
783,808
+150,315
| +24% | +$1.41M |
|
|
NEE.PRR
2953
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $7.48M | ﹤0.01% |
165,056
+25,980
| +19% | +$1.21M |
|
2954
PJT Partners
PJT
$4.46B
| $7.47M | ﹤0.01% |
107,271
-13,176
| -11% | -$910K |
|
2955
Essential Properties Realty Trust
EPRT
$6.72B
| $7.47M | ﹤0.01% |
317,329
-103,174
| -25% | -$2.51M |
|
2956
Victory Portfolios II VictoryShares Core Intermediate Bond ETF
UITB
$2.65B
| $7.46M | ﹤0.01% |
161,999
+62,689
| +63% | +$2.91M |
|
2957
Home BancShares
HOMB
$6.28B
| $7.46M | ﹤0.01% |
327,044
-149,220
| -31% | -$3.25M |
|
2958
monday.com
MNDY
$3.7B
| $7.46M | ﹤0.01% |
43,549
-52,144
| -54% | -$7.79M |
|
2959
Griffon
GFF
$4.72B
| $7.45M | ﹤0.01% |
184,960
-168,558
| -48% | -$5.53M |
|
2960
WisdomTree Global High Dividend Fund
DEW
$157M
| $7.45M | ﹤0.01% |
160,075
-6,433
| -4% | -$300K |
|
2961
McGrath RentCorp
MGRC
$2.99B
| $7.44M | ﹤0.01% |
80,461
-39,232
| -33% | -$3.58M |
|
2962
PUT
Moderna
MRNA
$25.3B
| $7.44M | ﹤0.01% |
61,200
-146,500
| -71% | -$19.5M |
|
|
NML
2963
Neuberger Energy Infrastructure and Income Fund Inc
NML
$610M
| $7.43M | ﹤0.01% |
1,079,424
+225,891
| +26% | +$1.47M |
|
2964
Franklin Investment Grade Corporate ETF
FLCO
$556M
| $7.41M | ﹤0.01% |
349,312
+23,008
| +7% | +$489K |
|
|
PDX
2965
PIMCO Dynamic Income Strategy Fund
PDX
$979M
| $7.39M | ﹤0.01% |
468,897
+19,952
| +4% | +$296K |
|
2966
Pacira BioSciences
PCRX
$917M
| $7.39M | ﹤0.01% |
184,401
-41,641
| -18% | -$1.72M |
|
|
WDI
2967
Western Asset Diversified Income Fund
WDI
$687M
| $7.39M | ﹤0.01% |
548,430
+149,172
| +37% | +$1.99M |
|
2968
Nuveen Floating Rate Income Fund
JFR
$1.23B
| $7.39M | ﹤0.01% |
936,291
-10,339
| -1% | -$83.1K |
|
2969
State Street SPDR S&P Health Care Services ETF
XHS
$209M
| $7.38M | ﹤0.01% |
78,707
+1,643
| +2% | +$147K |
|
2970
Burford Capital
BUR
$960M
| $7.38M | ﹤0.01% |
605,649
+21,110
| +4% | +$273K |
|
2971
Amphastar Pharmaceuticals
AMPH
$889M
| $7.37M | ﹤0.01% |
128,314
-162,423
| -56% | -$7.2M |
|
2972
Invesco MSCI Sustainable Future ETF
ERTH
$138M
| $7.36M | ﹤0.01% |
150,069
-15,931
| -10% | -$757K |
|
2973
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$541M
| $7.35M | ﹤0.01% |
132,882
-17,776
| -12% | -$1M |
|
2974
iShares Morningstar Mid-Cap ETF
IMCB
$1.73B
| $7.34M | ﹤0.01% |
116,012
-4,467
| -4% | -$269K |
|
2975
Hims & Hers Health
HIMS
$6.57B
| $7.33M | ﹤0.01% |
779,451
+366,908
| +89% | +$3.64M |
|
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.