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 |
Vanguard Intermediate-Term Treasury ETF
VGIT
|
+$1.64B |
| 2 |
Meta Platforms (Facebook)
META
|
+$1.57B |
| 3 |
UnitedHealth
UNH
|
+$1.19B |
| 4 |
Invesco QQQ Trust
QQQ
|
+$1.13B |
| 5 |
Kenvue
KVUE
|
+$1.06B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.23B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$1.83B |
| 3 |
Amazon
AMZN
|
+$1.14B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$1.03B |
| 5 |
Microsoft
MSFT
|
+$976M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.06% |
| 2 | Financials | 6.77% |
| 3 | Healthcare | 6.72% |
| 4 | Industrials | 5.26% |
| 5 | Consumer Discretionary | 5.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
McCormick & Company Non-Voting
MKC
$14.2B
| $552M | 0.06% |
7,301,688
+2,397,430
| +49% | +$200M |
|
302
VanEck High Yield Muni ETF
HYD
$4.4B
| $551M | 0.06% |
11,236,992
+573,625
| +5% | +$29M |
|
303
Waste Management
WM
$90.5B
| $550M | 0.06% |
3,610,296
-457,898
| -11% | -$74.1M |
|
304
Equinix
EQIX
$105B
| $548M | 0.06% |
754,581
-1,048
| -0.1% | -$812K |
|
305
VanEck Morningstar Wide Moat ETF
MOAT
$12.3B
| $540M | 0.06% |
7,122,336
+997,618
| +16% | +$79.4M |
|
306
State Street Materials Select Sector SPDR ETF
XLB
$8.61B
| $532M | 0.06% |
13,554,516
+142,394
| +1% | +$5.85M |
|
307
iShares Core S&P Total US Stock Market ETF
ITOT
$97.8B
| $531M | 0.06% |
5,640,650
-28,514
| -0.5% | -$2.8M |
|
308
Novartis
NVS
$290B
| $529M | 0.06% |
5,197,729
+202,744
| +4% | +$20.6M |
|
309
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $525M | 0.06% |
5,731,468
-3,439,540
| -38% | -$324M |
|
|
HDV
310
iShares Core High Dividend ETF
HDV
$15B
| $519M | 0.06% |
26,247,380
-1,626,170
| -6% | -$33.3M |
|
311
Shopify
SHOP
$194B
| $517M | 0.06% |
9,477,462
+1,249,651
| +15% | +$75.7M |
|
312
Lam Research
LRCX
$408B
| $512M | 0.06% |
8,172,050
-1,583,380
| -16% | -$104M |
|
313
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $511M | 0.06% |
6,938,225
-856,525
| -11% | -$64M |
|
314
W.W. Grainger
GWW
$61.5B
| $510M | 0.06% |
737,480
-14,832
| -2% | -$10.7M |
|
315
iShares Treasury Floating Rate Bond ETF
TFLO
$6.72B
| $510M | 0.06% |
10,046,614
+1,848,493
| +23% | +$93.6M |
|
316
TotalEnergies
TTE
$194B
| $510M | 0.06% |
7,749,108
+197,842
| +3% | +$12.2M |
|
|
317
CALL
Alphabet (Google) Class A
GOOGL
$4.2T
| $506M | 0.06% |
3,867,900
-2,720,300
| -41% | -$352M |
|
318
iShares China Large-Cap ETF
FXI
$4.2B
| $503M | 0.06% |
18,963,180
+6,885,857
| +57% | +$190M |
|
319
American Electric Power
AEP
$67.9B
| $503M | 0.06% |
6,684,513
+293,760
| +5% | +$23.9M |
|
320
Janus Henderson AAA CLO ETF
JAAA
$29.8B
| $502M | 0.06% |
9,966,795
+2,291,142
| +30% | +$115M |
|
321
CALL
NVIDIA
NVDA
$5.43T
| $502M | 0.06% |
11,531,000
-15,584,000
| -57% | -$698M |
|
322
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $501M | 0.06% |
11,090,200
+1,181,200
| +12% | +$51.7M |
|
323
Vulcan Materials
VMC
$36.3B
| $499M | 0.06% |
2,471,353
+68,773
| +3% | +$15M |
|
324
General Mills
GIS
$20.4B
| $499M | 0.05% |
7,799,157
-359,667
| -4% | -$25.4M |
|
325
Genuine Parts
GPC
$18.5B
| $497M | 0.05% |
3,442,804
-105,271
| -3% | -$16.4M |
|
Similar funds
Bank of America's Q3 2023 Portfolio in Review
As of Q3 2023, Bank of America held 8,192 positions worth $908B, down 4.8% from $954B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Bank of America's Q3 2023 filing shows 481 new, 3,533 increased, 2,807 reduced and 420 closed positions. Its largest new stake was TKO Group: 743,648 shares worth $62.5M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.23B.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Financials and Healthcare.
- Bank of America's largest Q3 2023 buy was TKO Group: 743,648 shares worth $62.5M.
- Bank of America added most to Vanguard Intermediate-Term Treasury ETF in Q3 2023, an estimated $1.64B increase.
- Bank of America's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.23B.
- Bank of America fully exited Black Knight, Inc. Common Stock in Q3 2023, selling an estimated $166M.
- Bank of America's ten largest holdings make up 15% of its $908B portfolio in Q3 2023.
- Bank of America opened 481 new positions and closed 420 in Q3 2023.
- Bank of America's portfolio value fell 4.8% quarter-over-quarter to $908B.
Based on Bank of America's 13F filing for Q3 2023, filed 14 Nov 2023.