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 | |
|---|---|---|---|---|---|---|
|
NEWR
3126
DELISTED
New Relic, Inc.
NEWR
| $6.31M | ﹤0.01% |
96,456
-48,367
| -33% | -$3.49M |
|
3127
CALL
Sysco
SYY
$39.7B
| $6.31M | ﹤0.01% |
85,000
| – | – |
|
3128
CALL
Teck Resources
TECK
$31.2B
| $6.3M | ﹤0.01% |
149,700
+49,700
| +50% | +$2.14M |
|
3129
CALL
CME Group
CME
$97B
| $6.3M | ﹤0.01% |
34,000
+4,000
| +13% | +$739K |
|
3130
City Holding Co
CHCO
$2.07B
| $6.3M | ﹤0.01% |
69,964
-3,519
| -5% | -$319K |
|
3131
CALL
Constellation Energy
CEG
$100B
| $6.29M | ﹤0.01% |
+68,700
| New | +$5.7M |
|
3132
BigBear.ai
BBAI
$1.57B
| $6.29M | ﹤0.01% |
2,676,285
+467,434
| +21% | +$1.18M |
|
3133
BlackRock MuniYield Quality Fund III
MYI
$720M
| $6.28M | ﹤0.01% |
573,616
-15,997
| -3% | -$175K |
|
3134
PUT
Fidus Investment
FDUS
$744M
| $6.27M | ﹤0.01% |
+320,000
| New | +$6.07M |
|
3135
La-Z-Boy
LZB
$1.67B
| $6.27M | ﹤0.01% |
218,860
-6,879
| -3% | -$192K |
|
3136
Avantis US Equity ETF
AVUS
$14.5B
| $6.24M | ﹤0.01% |
83,000
-150,845
| -65% | -$10.8M |
|
3137
CALL
3M
MMM
$94.2B
| $6.24M | ﹤0.01% |
74,511
-19,375
| -21% | -$1.65M |
|
3138
Jackson Financial
JXN
$9.17B
| $6.23M | ﹤0.01% |
203,512
-40,525
| -17% | -$1.31M |
|
3139
State Street SPDR NYSE Technology ETF
XNTK
$2.26B
| $6.19M | ﹤0.01% |
44,375
+24,293
| +121% | +$3.05M |
|
|
CPE
3140
DELISTED
Callon Petroleum Company
CPE
| $6.19M | ﹤0.01% |
176,446
-43,988
| -20% | -$1.47M |
|
3141
Artivion
AORT
$1.42B
| $6.17M | ﹤0.01% |
358,714
+49,045
| +16% | +$722K |
|
|
NIE
3142
Virtus Equity & Convertible Income Fund
NIE
$743M
| $6.16M | ﹤0.01% |
291,390
+39,541
| +16% | +$793K |
|
3143
Gotham 1000 Value ETF
GVLU
$297M
| $6.16M | ﹤0.01% |
310,465
-205,000
| -40% | -$3.87M |
|
3144
Payoneer
PAYO
$2.42B
| $6.16M | ﹤0.01% |
1,279,853
-66,039
| -5% | -$330K |
|
3145
Intapp
INTA
$3.07B
| $6.15M | ﹤0.01% |
146,831
+54,436
| +59% | +$2.35M |
|
3146
PUT
United Rentals
URI
$71.8B
| $6.15M | ﹤0.01% |
13,800
-19,600
| -59% | -$7.26M |
|
|
NS
3147
DELISTED
NuStar Energy L.P.
NS
| $6.14M | ﹤0.01% |
358,463
-169,054
| -32% | -$2.76M |
|
3148
Beazer Homes USA
BZH
$872M
| $6.14M | ﹤0.01% |
216,940
-12,151
| -5% | -$248K |
|
3149
Xenon Pharmaceuticals
XENE
$6.03B
| $6.14M | ﹤0.01% |
159,376
+25,265
| +19% | +$1M |
|
|
GLDD
3150
PUT
DELISTED
Great Lakes Dredge & Dock
GLDD
| $6.12M | ﹤0.01% |
750,000
| – | – |
|
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.