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 | |
|---|---|---|---|---|---|---|
3326
CALL
CSX Corp
CSX
$92.9B
| $5.1M | ﹤0.01% |
149,600
-5,200
| -3% | -$164K |
|
3327
PUT
Starwood Property Trust
STWD
$6.03B
| $5.09M | ﹤0.01% |
262,300
| – | – |
|
|
3328
CALL
Synchrony
SYF
$26.4B
| $5.09M | ﹤0.01% |
+150,000
| New | +$4.58M |
|
3329
Gates Industrial Corp
GTES
$7.03B
| $5.08M | ﹤0.01% |
376,615
-89,274
| -19% | -$1.16M |
|
|
AFTR
3330
DELISTED
AfterNext HealthTech Acquisition Corp
AFTR
| $5.08M | ﹤0.01% |
490,000
| – | – |
|
3331
POSCO
PKX
$17.7B
| $5.07M | ﹤0.01% |
68,586
-210,810
| -75% | -$15.3M |
|
3332
BlackRock MuniYield New York Quality Fund
MYN
$377M
| $5.07M | ﹤0.01% |
500,455
-47,215
| -9% | -$472K |
|
3333
The Bancorp
TBBK
$2.84B
| $5.07M | ﹤0.01% |
155,253
-149,208
| -49% | -$4.59M |
|
3334
American Century US Quality Growth ETF
QGRO
$2.05B
| $5.05M | ﹤0.01% |
73,112
-99,597
| -58% | -$6.47M |
|
3335
Antero Midstream
AM
$10.7B
| $5.05M | ﹤0.01% |
435,168
-181,160
| -29% | -$1.93M |
|
3336
BlackRock Floating Rate Income Strategies Fund
FRA
$388M
| $5.04M | ﹤0.01% |
412,450
+102,273
| +33% | +$1.21M |
|
3337
QuidelOrtho
QDEL
$981M
| $5.03M | ﹤0.01% |
60,765
-7,911
| -12% | -$693K |
|
3338
Banco Santander Chile
BSAC
$16.3B
| $5.03M | ﹤0.01% |
266,793
-80,730
| -23% | -$1.5M |
|
3339
Dream Finders Homes
DFH
$1.42B
| $5.03M | ﹤0.01% |
204,387
-6,211
| -3% | -$112K |
|
3340
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$580M
| $5.02M | ﹤0.01% |
79,545
-124
| -0.2% | -$7.45K |
|
3341
Theravance Biopharma
TBPH
$881M
| $5.02M | ﹤0.01% |
485,415
-1,290,551
| -73% | -$14.3M |
|
3342
Krystal Biotech
KRYS
$9.83B
| $5.02M | ﹤0.01% |
42,770
-50,117
| -54% | -$5.12M |
|
|
GMUN
3343
DELISTED
Goldman Sachs Access Municipal Bond ETF
GMUN
| $5.01M | ﹤0.01% |
100,000
| – | – |
|
3344
iShares Core US REIT ETF
USRT
$4.64B
| $5.01M | ﹤0.01% |
97,392
-89,790
| -48% | -$4.49M |
|
3345
iShares iBonds Dec 2031 Term Treasury ETF
IBTL
$656M
| $5M | ﹤0.01% |
242,824
+32,249
| +15% | +$676K |
|
3346
Liberty Media Series A
FWONA
$23.9B
| $5M | ﹤0.01% |
77,223
-11,226
| -13% | -$710K |
|
3347
PUT
AutoZone
AZO
$49.4B
| $4.99M | ﹤0.01% |
2,000
+1,900
| +1,900% | +$4.85M |
|
|
ARI
3348
Apollo Commercial Real Estate
ARI
$876M
| $4.99M | ﹤0.01% |
440,406
-67,061
| -13% | -$677K |
|
3349
Graham Holdings Company
GHC
$5.04B
| $4.98M | ﹤0.01% |
8,714
-1,028
| -11% | -$596K |
|
3350
iShares JPMorgan EM High Yield Bond ETF
EMHY
$638M
| $4.98M | ﹤0.01% |
141,713
-32,329
| -19% | -$1.12M |
|
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.