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 | |
|---|---|---|---|---|---|---|
3051
Levi Strauss
LEVI
$8.68B
| $6.73M | ﹤0.01% |
466,089
-52,022
| -10% | -$751K |
|
|
MORF
3052
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $6.71M | ﹤0.01% |
116,967
+26,186
| +29% | +$1.37M |
|
3053
First Bancorp
FBP
$4.53B
| $6.7M | ﹤0.01% |
548,653
-114,529
| -17% | -$1.33M |
|
3054
CALL
Lowe's Companies
LOW
$122B
| $6.7M | ﹤0.01% |
29,700
-12,700
| -30% | -$2.64M |
|
3055
MillerKnoll
MLKN
$1.62B
| $6.7M | ﹤0.01% |
453,503
+11,785
| +3% | +$188K |
|
3056
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $6.7M | ﹤0.01% |
73,809
-86,694
| -54% | -$7.77M |
|
3057
First Watch Restaurant Group
FWRG
$785M
| $6.67M | ﹤0.01% |
394,606
+103,189
| +35% | +$1.71M |
|
|
MODN
3058
DELISTED
MODEL N, INC.
MODN
| $6.67M | ﹤0.01% |
188,547
-14,124
| -7% | -$454K |
|
3059
Urban Edge Properties
UE
$2.76B
| $6.66M | ﹤0.01% |
431,567
+49,820
| +13% | +$718K |
|
|
NARI
3060
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $6.66M | ﹤0.01% |
114,482
-101,673
| -47% | -$6.41M |
|
3061
St. Joe Company
JOE
$3.89B
| $6.66M | ﹤0.01% |
137,678
-14,887
| -10% | -$649K |
|
3062
Zillow
ZG
$7.91B
| $6.65M | ﹤0.01% |
135,117
-12,638
| -9% | -$570K |
|
3063
Bausch Health
BHC
$2.43B
| $6.63M | ﹤0.01% |
829,129
-165,834
| -17% | -$1.22M |
|
|
HTD
3064
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$904M
| $6.63M | ﹤0.01% |
324,791
+33,512
| +12% | +$687K |
|
3065
Kinetik
KNTK
$4.3B
| $6.62M | ﹤0.01% |
188,424
-42,642
| -18% | -$1.35M |
|
3066
Core & Main
CNM
$8.61B
| $6.62M | ﹤0.01% |
211,256
-29,523
| -12% | -$791K |
|
|
SNCY
3067
DELISTED
Sun Country Airlines
SNCY
| $6.61M | ﹤0.01% |
293,822
+78,808
| +37% | +$1.51M |
|
3068
Koppers
KOP
$891M
| $6.6M | ﹤0.01% |
193,656
-9,726
| -5% | -$317K |
|
3069
John Hancock Multifactor Emerging Markets ETF
JHEM
$1.03B
| $6.6M | ﹤0.01% |
266,861
+21,441
| +9% | +$524K |
|
|
ABCM
3070
DELISTED
Abcam PLC
ABCM
| $6.6M | ﹤0.01% |
269,682
+259,963
| +2,675% | +$4.49M |
|
3071
State Street SPDR S&P Global Dividend ETF
WDIV
$284M
| $6.6M | ﹤0.01% |
114,944
+508
| +0.4% | +$29.9K |
|
3072
Sunoco
SUN
$14.2B
| $6.59M | ﹤0.01% |
151,388
-62,673
| -29% | -$2.77M |
|
3073
StepStone Group
STEP
$4.15B
| $6.59M | ﹤0.01% |
265,769
-32,862
| -11% | -$755K |
|
|
NEE.PRQ
3074
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $6.59M | ﹤0.01% |
134,376
-5,339
| -4% | -$260K |
|
3075
PUT
Hertz
HTZ
$798M
| $6.58M | ﹤0.01% |
357,700
| – | – |
|
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.