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 | |
|---|---|---|---|---|---|---|
3401
Atlantic Union Bankshares
AUB
$6.12B
| $4.72M | ﹤0.01% |
181,767
-20,392
| -10% | -$575K |
|
3402
Dorchester Minerals
DMLP
$1.36B
| $4.71M | ﹤0.01% |
157,172
+1,483
| +1% | +$43.5K |
|
3403
PUT
Bausch + Lomb
BLCO
$6.09B
| $4.71M | ﹤0.01% |
+234,500
| New | +$4.25M |
|
3404
CALL
Mondelez International
MDLZ
$81.2B
| $4.7M | ﹤0.01% |
64,500
+57,100
| +772% | +$4.22M |
|
3405
Rogers Corp
ROG
$2.55B
| $4.7M | ﹤0.01% |
29,039
-6,690
| -19% | -$1.06M |
|
3406
NRC Health Common Stock
NRC
$469M
| $4.7M | ﹤0.01% |
107,983
-2,092
| -2% | -$92K |
|
3407
Wabash National
WNC
$512M
| $4.69M | ﹤0.01% |
182,860
+53,231
| +41% | +$1.31M |
|
3408
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $4.69M | ﹤0.01% |
159,400
-327,000
| -67% | -$9.55M |
|
3409
CALL
Philip Morris
PM
$297B
| $4.69M | ﹤0.01% |
48,000
-45,500
| -49% | -$4.35M |
|
3410
PUT
Dynatrace
DT
$14.2B
| $4.68M | ﹤0.01% |
+91,000
| New | +$4.26M |
|
3411
Associated Banc-Corp
ASB
$6.11B
| $4.67M | ﹤0.01% |
287,832
-409,928
| -59% | -$6.76M |
|
3412
Werewolf Therapeutics
HOWL
$19.7M
| $4.67M | ﹤0.01% |
1,529,855
-1,608
| -0.1% | -$4.53K |
|
3413
The Greenbrier Companies
GBX
$1.41B
| $4.67M | ﹤0.01% |
108,246
-70,448
| -39% | -$2.08M |
|
|
TEAF
3414
DELISTED
Ecofin Sustainable & Social Impact Term Fund
TEAF
| $4.65M | ﹤0.01% |
372,921
+65,135
| +21% | +$832K |
|
3415
Biohaven
BHVN
$2.21B
| $4.65M | ﹤0.01% |
194,564
-576,015
| -75% | -$9.92M |
|
3416
State Street SPDR MSCI USA Gender Diversity ETF
SHE
$339M
| $4.65M | ﹤0.01% |
52,809
-560
| -1% | -$47.2K |
|
3417
CALL
Monster Beverage
MNST
$91.7B
| $4.65M | ﹤0.01% |
161,800
| – | – |
|
3418
JPMorgan US Quality Factor ETF
JQUA
$8.63B
| $4.64M | ﹤0.01% |
104,805
+42,182
| +67% | +$1.77M |
|
3419
CarGurus
CARG
$3.33B
| $4.64M | ﹤0.01% |
205,023
-524,140
| -72% | -$9.92M |
|
|
MRC
3420
DELISTED
MRC Global
MRC
| $4.64M | ﹤0.01% |
460,563
+9,866
| +2% | +$93.3K |
|
3421
Encore Capital Group
ECPG
$2.2B
| $4.63M | ﹤0.01% |
95,176
-48,895
| -34% | -$2.38M |
|
3422
Sabre
SABR
$900M
| $4.62M | ﹤0.01% |
1,447,496
-1,005,110
| -41% | -$3.63M |
|
3423
Park Hotels & Resorts
PK
$3.05B
| $4.61M | ﹤0.01% |
359,367
-96,322
| -21% | -$1.23M |
|
3424
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$244M
| $4.61M | ﹤0.01% |
113,466
-5,868
| -5% | -$234K |
|
3425
ProKidney
PROK
$278M
| $4.59M | ﹤0.01% |
410,406
+145,449
| +55% | +$1.55M |
|
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.