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 | |
|---|---|---|---|---|---|---|
|
HES
326
DELISTED
Hess
HES
| $487M | 0.05% |
3,584,071
-284,006
| -7% | -$38.9M |
|
327
VanEck Gold Miners ETF
GDX
$27.8B
| $487M | 0.05% |
16,175,235
-350,433
| -2% | -$11.4M |
|
328
Southern Company
SO
$106B
| $483M | 0.05% |
6,880,849
-1,915,499
| -22% | -$137M |
|
329
Nuveen ESG Large-Cap Value ETF
NULV
$2.28B
| $474M | 0.05% |
13,689,727
+208,028
| +2% | +$7.04M |
|
330
Fidelity National Information Services
FIS
$21.6B
| $471M | 0.05% |
8,616,126
-1,563,399
| -15% | -$86M |
|
331
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.17B
| $470M | 0.05% |
10,173,522
+7,348
| +0.1% | +$340K |
|
332
Energy Transfer Partners
ET
$72.1B
| $466M | 0.05% |
36,704,178
+4,911,340
| +15% | +$62.2M |
|
333
iShares MSCI Intl Quality Factor ETF
IQLT
$14.3B
| $463M | 0.05% |
13,017,503
+616,437
| +5% | +$22M |
|
334
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.84B
| $463M | 0.05% |
11,381,982
+1,221,582
| +12% | +$46.4M |
|
335
Ecolab
ECL
$78.1B
| $463M | 0.05% |
2,478,650
-292,934
| -11% | -$50.4M |
|
336
iShare MSCI Eurozone ETF
EZU
$9.93B
| $461M | 0.05% |
10,060,958
+3,816,293
| +61% | +$174M |
|
337
iShares ESG Aware MSCI EM ETF
ESGE
$6.81B
| $461M | 0.05% |
14,564,200
+148,251
| +1% | +$4.65M |
|
338
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.4B
| $458M | 0.05% |
3,309,429
-99,214
| -3% | -$13.2M |
|
339
Dover
DOV
$28B
| $457M | 0.05% |
3,097,066
-353,849
| -10% | -$50.6M |
|
340
Enbridge
ENB
$112B
| $457M | 0.05% |
12,304,608
-798,007
| -6% | -$30.4M |
|
341
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $457M | 0.05% |
8,988,741
-1,617,102
| -15% | -$81.7M |
|
342
Yum! Brands
YUM
$41B
| $456M | 0.05% |
3,290,129
-376,364
| -10% | -$51M |
|
343
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $454M | 0.05% |
7,860,740
-516,267
| -6% | -$30.1M |
|
344
Berkshire Hathaway Class A
BRK.A
$1.09T
| $453M | 0.05% |
874
+54
| +7% | +$26.9M |
|
345
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $451M | 0.05% |
4,348,501
-5,409
| -0.1% | -$550K |
|
346
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.7B
| $444M | 0.05% |
9,426,790
-47,480
| -0.5% | -$2.05M |
|
347
Constellation Brands
STZ
$22.9B
| $443M | 0.05% |
1,800,619
-407,188
| -18% | -$95.3M |
|
348
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $443M | 0.05% |
5,888,857
+286,000
| +5% | +$21.8M |
|
349
Shell
SHEL
$249B
| $441M | 0.05% |
7,298,592
+149,024
| +2% | +$8.94M |
|
350
Charter Communications
CHTR
$17.9B
| $440M | 0.05% |
1,199,057
-149,439
| -11% | -$51M |
|
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.