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 | |
|---|---|---|---|---|---|---|
3226
PUT
CVS Health
CVS
$124B
| $5.67M | ﹤0.01% |
82,000
-77,500
| -49% | -$5.51M |
|
3227
CALL
Jack in the Box
JACK
$327M
| $5.66M | ﹤0.01% |
58,000
+39,500
| +214% | +$3.59M |
|
3228
iShares Core Conservative Allocation ETF
AOK
$794M
| $5.65M | ﹤0.01% |
160,317
-125,199
| -44% | -$4.38M |
|
3229
Nuveen Taxable Municipal Income Fund
NBB
$454M
| $5.63M | ﹤0.01% |
358,885
-82,591
| -19% | -$1.31M |
|
3230
Hilton Grand Vacations
HGV
$3.57B
| $5.63M | ﹤0.01% |
123,894
-40,860
| -25% | -$1.82M |
|
3231
Pulse Biosciences
PLSE
$3.18B
| $5.63M | ﹤0.01% |
782,507
+9,773
| +1% | +$62.4K |
|
3232
Cohen & Steers
CNS
$4.36B
| $5.62M | ﹤0.01% |
96,870
-10,651
| -10% | -$622K |
|
|
ADAM
3233
Adamas Trust
ADAM
$910M
| $5.62M | ﹤0.01% |
566,271
-26,258
| -4% | -$261K |
|
3234
Navient
NAVI
$860M
| $5.61M | ﹤0.01% |
301,887
-85,035
| -22% | -$1.4M |
|
|
UBA
3235
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.6M | ﹤0.01% |
263,210
+82,170
| +45% | +$1.53M |
|
3236
Phillips Edison & Co
PECO
$5.21B
| $5.58M | ﹤0.01% |
163,848
+87,219
| +114% | +$2.72M |
|
3237
First Trust Indxx NextG ETF
NXTG
$576M
| $5.57M | ﹤0.01% |
77,657
-11,057
| -12% | -$765K |
|
3238
CALL
United Rentals
URI
$71.8B
| $5.57M | ﹤0.01% |
12,500
| – | – |
|
3239
Madison Square Garden
MSGS
$9.8B
| $5.57M | ﹤0.01% |
29,595
-3,692
| -11% | -$698K |
|
|
INVX
3240
Innovex International
INVX
$2.18B
| $5.54M | ﹤0.01% |
238,215
+778
| +0.3% | +$19.8K |
|
3241
Stantec
STN
$8.28B
| $5.53M | ﹤0.01% |
84,818
-247,291
| -74% | -$14.9M |
|
3242
Zai Lab
ZLAB
$2.91B
| $5.53M | ﹤0.01% |
199,412
-83,214
| -29% | -$2.72M |
|
3243
BlackRock Resources & Commodities Strategy Trust
BCX
$964M
| $5.53M | ﹤0.01% |
609,252
-53,294
| -8% | -$495K |
|
3244
PUT
Scotiabank
BNS
$112B
| $5.52M | ﹤0.01% |
110,400
-100,000
| -48% | -$4.96M |
|
3245
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $5.52M | ﹤0.01% |
54,749
+5,473
| +11% | +$550K |
|
3246
Dimensional Core Fixed Income ETF
DFCF
$10.9B
| $5.51M | ﹤0.01% |
132,109
+79,577
| +151% | +$3.36M |
|
3247
AppFolio
APPF
$7.23B
| $5.5M | ﹤0.01% |
31,978
-34,113
| -52% | -$4.97M |
|
3248
Global X FinTech ETF
FINX
$170M
| $5.49M | ﹤0.01% |
248,944
-6,395
| -3% | -$134K |
|
3249
New Mountain Finance
NMFC
$730M
| $5.49M | ﹤0.01% |
441,497
+6,598
| +2% | +$79.6K |
|
3250
RadNet
RDNT
$6.01B
| $5.49M | ﹤0.01% |
168,296
+8,612
| +5% | +$250K |
|
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.