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 | |
|---|---|---|---|---|---|---|
3451
Palomar
PLMR
$3.37B
| $4.47M | ﹤0.01% |
76,981
-7,109
| -8% | -$380K |
|
3452
RxSight
RXST
$287M
| $4.45M | ﹤0.01% |
154,667
+120,020
| +346% | +$2.67M |
|
3453
ADT
ADT
$5.47B
| $4.45M | ﹤0.01% |
737,895
-192,566
| -21% | -$1.21M |
|
|
DFSD
3454
Dimensional Short-Duration Fixed Income ETF
DFSD
$7.17B
| $4.44M | ﹤0.01% |
95,801
+56,495
| +144% | +$2.63M |
|
3455
Carlyle Secured Lending
CGBD
$781M
| $4.44M | ﹤0.01% |
304,925
+10,577
| +4% | +$147K |
|
3456
ZIM Integrated Shipping Services
ZIM
$3.39B
| $4.44M | ﹤0.01% |
358,304
+261,004
| +268% | +$4.2M |
|
|
BRKL
3457
DELISTED
Brookline Bancorp
BRKL
| $4.43M | ﹤0.01% |
507,262
+6,811
| +1% | +$62.1K |
|
3458
Primerica
PRI
$9.65B
| $4.43M | ﹤0.01% |
22,415
-32,860
| -59% | -$6.03M |
|
|
AGR
3459
DELISTED
Avangrid, Inc.
AGR
| $4.42M | ﹤0.01% |
117,412
-45,920
| -28% | -$1.8M |
|
3460
Goosehead Insurance
GSHD
$2.35B
| $4.42M | ﹤0.01% |
70,271
-20,564
| -23% | -$1.18M |
|
3461
PUT
ARK Innovation ETF
ARKK
$6.42B
| $4.41M | ﹤0.01% |
100,000
-295,000
| -75% | -$11.7M |
|
3462
Ponce Financial Group
PDLB
$502M
| $4.41M | ﹤0.01% |
507,104
-1,845
| -0.4% | -$14.4K |
|
3463
PUT
Zscaler
ZS
$29.7B
| $4.4M | ﹤0.01% |
+30,100
| New | +$3.68M |
|
|
NXJ
3464
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $4.39M | ﹤0.01% |
383,119
-68,268
| -15% | -$785K |
|
3465
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $4.39M | ﹤0.01% |
154,286
+4,086
| +3% | +$112K |
|
3466
CALL
Warner Bros
WBD
$70.2B
| $4.39M | ﹤0.01% |
350,000
-795,400
| -69% | -$10.3M |
|
3467
FS KKR Capital
FSK
$3.42B
| $4.38M | ﹤0.01% |
228,270
-27,896
| -11% | -$528K |
|
3468
PUT
Newmont
NEM
$124B
| $4.37M | ﹤0.01% |
102,500
-50,000
| -33% | -$2.27M |
|
3469
BlueLinx
BXC
$680M
| $4.37M | ﹤0.01% |
46,601
+20,094
| +76% | +$1.61M |
|
3470
World Kinect Corp
WKC
$1.85B
| $4.36M | ﹤0.01% |
210,807
-46,409
| -18% | -$1.11M |
|
3471
Lightspeed Commerce
LSPD
$1.38B
| $4.36M | ﹤0.01% |
257,468
+31,723
| +14% | +$456K |
|
3472
iShares MSCI France ETF
EWQ
$332M
| $4.36M | ﹤0.01% |
113,031
+45,831
| +68% | +$1.76M |
|
3473
Talos Energy
TALO
$2.63B
| $4.35M | ﹤0.01% |
313,533
-200,083
| -39% | -$2.69M |
|
3474
Custom Truck One Source
CTOS
$2.4B
| $4.35M | ﹤0.01% |
644,950
+9,401
| +1% | +$61.9K |
|
|
ADAP
3475
DELISTED
Adaptimmune Therapeutics
ADAP
| $4.35M | ﹤0.01% |
4,698,419
-703,291
| -13% | -$839K |
|
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.