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 | |
|---|---|---|---|---|---|---|
3426
Freshworks
FRSH
$3.5B
| $4.59M | ﹤0.01% |
260,864
-233,233
| -47% | -$3.51M |
|
3427
PUT
Public Storage
PSA
$60.9B
| $4.58M | ﹤0.01% |
+15,700
| New | +$4.58M |
|
3428
Cemex
CX
$16B
| $4.57M | ﹤0.01% |
645,467
+96,413
| +18% | +$614K |
|
3429
Midland States Bancorp
MSBI
$693M
| $4.57M | ﹤0.01% |
229,492
-11,439
| -5% | -$231K |
|
3430
AdaptHealth
AHCO
$775M
| $4.57M | ﹤0.01% |
375,387
-1,329,467
| -78% | -$14.8M |
|
3431
CALL
Honeywell
HON
$74.2B
| $4.57M | ﹤0.01% |
23,342
+4,032
| +21% | +$749K |
|
|
BFK
3432
DELISTED
BlackRock Municipal Income Trust
BFK
| $4.56M | ﹤0.01% |
459,016
-56,168
| -11% | -$557K |
|
3433
Utz Brands
UTZ
$1.26B
| $4.56M | ﹤0.01% |
278,463
-57,863
| -17% | -$993K |
|
3434
Pampa Energía
PAM
$4.23B
| $4.56M | ﹤0.01% |
105,158
-43,597
| -29% | -$1.62M |
|
3435
American Public Education
APEI
$828M
| $4.55M | ﹤0.01% |
959,900
-9,271
| -1% | -$50.5K |
|
3436
Invesco Building & Construction ETF
PKB
$397M
| $4.54M | ﹤0.01% |
83,524
-52,353
| -39% | -$2.52M |
|
3437
Barings BDC
BBDC
$975M
| $4.54M | ﹤0.01% |
579,236
+216,790
| +60% | +$1.66M |
|
|
AYX
3438
CALL
DELISTED
Alteryx Inc
AYX
| $4.54M | ﹤0.01% |
+99,900
| New | +$4.38M |
|
3439
Avista
AVA
$3.28B
| $4.53M | ﹤0.01% |
115,401
-122,550
| -52% | -$5.2M |
|
|
AHRT
3440
AH Realty Trust
AHRT
$506M
| $4.52M | ﹤0.01% |
387,202
+25,591
| +7% | +$298K |
|
3441
Bally's
BALY
$685M
| $4.52M | ﹤0.01% |
290,276
-6,975
| -2% | -$112K |
|
3442
Sally Beauty Holdings
SBH
$1.54B
| $4.51M | ﹤0.01% |
365,070
-81,772
| -18% | -$1.04M |
|
3443
ManpowerGroup
MAN
$2.71B
| $4.51M | ﹤0.01% |
56,754
-38,771
| -41% | -$2.93M |
|
|
EVV
3444
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
| $4.49M | ﹤0.01% |
480,106
-82,756
| -15% | -$769K |
|
|
JWN
3445
PUT
DELISTED
Nordstrom
JWN
| $4.49M | ﹤0.01% |
219,400
-880,600
| -80% | -$14.8M |
|
|
IAS
3446
DELISTED
Integral Ad Science
IAS
| $4.49M | ﹤0.01% |
249,560
+21,107
| +9% | +$356K |
|
3447
Invesco S&P 500 Equal Weight Consumer Discretionary ETF
RSPD
$334M
| $4.48M | ﹤0.01% |
97,362
-25,317
| -21% | -$1.09M |
|
3448
Guggenheim Strategic Opportunities Fund
GOF
$2.34B
| $4.47M | ﹤0.01% |
281,348
+20,078
| +8% | +$321K |
|
3449
Brookdale Senior Living
BKD
$3.02B
| $4.47M | ﹤0.01% |
1,059,387
-520,616
| -33% | -$2.01M |
|
|
CERE
3450
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $4.47M | ﹤0.01% |
140,550
-134,826
| -49% | -$4.14M |
|
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.