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 |
iShares Core S&P 500 ETF
IVV
|
+$3.98B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$2.47B |
| 3 |
Apple
AAPL
|
+$1.66B |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$1.34B |
| 5 |
Tesla
TSLA
|
+$1.21B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$1.37B |
| 2 |
iShares Russell 1000 Value ETF
IWD
|
+$994M |
| 3 |
Vanguard Dividend Appreciation ETF
VIG
|
+$879M |
| 4 |
UnitedHealth
UNH
|
+$844M |
| 5 |
iShares Russell 1000 Growth ETF
IWF
|
+$632M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.75% |
| 2 | Financials | 7.48% |
| 3 | Healthcare | 6.56% |
| 4 | Consumer Discretionary | 5.76% |
| 5 | Industrials | 5.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Shell
SHEL
$249B
| $645M | 0.06% |
9,627,411
+540,667
| +6% | +$34.6M |
|
327
Fastenal
FAST
$59.9B
| $643M | 0.06% |
16,665,218
+13,290
| +0.1% | +$470K |
|
328
Marathon Petroleum
MPC
$97.8B
| $619M | 0.06% |
3,070,613
+446,696
| +17% | +$76.4M |
|
329
Aon
AON
$74.7B
| $618M | 0.06% |
1,852,049
+244,662
| +15% | +$75.9M |
|
330
State Street Materials Select Sector SPDR ETF
XLB
$8.61B
| $606M | 0.06% |
13,054,826
+248,420
| +2% | +$10.7M |
|
331
Invesco Preferred ETF
PGX
$3.76B
| $605M | 0.05% |
50,903,342
-6,001,864
| -11% | -$70.7M |
|
332
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $598M | 0.05% |
5,163,759
+169,007
| +3% | +$19.6M |
|
333
NewMarket
NEU
$8.59B
| $596M | 0.05% |
938,882
-6,034
| -0.6% | -$3.62M |
|
334
Canadian Natural Resources
CNQ
$98.1B
| $595M | 0.05% |
15,598,782
-11,630,674
| -43% | -$389M |
|
335
Cadence Design Systems
CDNS
$89B
| $594M | 0.05% |
1,908,371
+759,145
| +66% | +$225M |
|
336
iShares US Technology ETF
IYW
$25.4B
| $585M | 0.05% |
4,328,472
-9,234
| -0.2% | -$1.2M |
|
337
Workday
WDAY
$43.3B
| $583M | 0.05% |
2,137,657
-123,296
| -5% | -$35.1M |
|
338
Schwab US Dividend Equity ETF
SCHD
$107B
| $581M | 0.05% |
21,614,613
-19,287,762
| -47% | -$498M |
|
339
CME Group
CME
$94.3B
| $576M | 0.05% |
2,675,430
+629,648
| +31% | +$132M |
|
340
PayPal
PYPL
$50.6B
| $575M | 0.05% |
8,577,557
+479,081
| +6% | +$29.4M |
|
341
VanEck Gold Miners ETF
GDX
$27.8B
| $571M | 0.05% |
18,070,602
+849,075
| +5% | +$24.1M |
|
342
Altria Group
MO
$107B
| $571M | 0.05% |
13,087,057
+728,446
| +6% | +$30.2M |
|
343
Dominion Energy
D
$59.8B
| $570M | 0.05% |
11,595,931
+1,786,888
| +18% | +$83.5M |
|
344
Vanguard Short-Term Bond ETF
BSV
$45.6B
| $570M | 0.05% |
7,438,639
-746,261
| -9% | -$57.2M |
|
345
PUT
Microsoft
MSFT
$3.66T
| $570M | 0.05% |
1,353,800
-2,445,300
| -64% | -$990M |
|
346
Colgate-Palmolive
CL
$73.6B
| $568M | 0.05% |
6,312,255
+1,736,224
| +38% | +$147M |
|
347
iShares US Home Construction ETF
ITB
$2.34B
| $568M | 0.05% |
4,907,801
+1,259,725
| +35% | +$132M |
|
348
Dover
DOV
$28B
| $568M | 0.05% |
3,202,965
+279,753
| +10% | +$45M |
|
349
Southern Company
SO
$106B
| $563M | 0.05% |
7,853,407
+469,038
| +6% | +$32.4M |
|
350
Rockwell Automation
ROK
$50.1B
| $561M | 0.05% |
1,924,388
-112,024
| -6% | -$32.3M |
|
Similar funds
Bank of America's Q1 2024 Portfolio in Review
As of Q1 2024, Bank of America held 8,436 positions worth $1.1T, up 11% from $993B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Bank of America's Q1 2024 filing shows 465 new, 3,581 increased, 2,992 reduced and 715 closed positions. Its largest new stake was Flutter Entertainment: 3,715,108 shares worth $734M. The largest sale was iShares MSCI USA Min Vol Factor ETF, an estimated $1.37B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 13% a quarter earlier, followed by Financials and Healthcare.
- Bank of America's largest Q1 2024 buy was Flutter Entertainment: 3,715,108 shares worth $734M.
- Bank of America added most to iShares Core S&P 500 ETF in Q1 2024, an estimated $3.98B increase.
- Bank of America's biggest Q1 2024 reduction was iShares MSCI USA Min Vol Factor ETF, cutting an estimated $1.37B.
- Bank of America fully exited Splunk Inc in Q1 2024, selling an estimated $205M.
- Bank of America's ten largest holdings make up 15% of its $1.1T portfolio in Q1 2024.
- Bank of America opened 465 new positions and closed 715 in Q1 2024.
- Bank of America's portfolio value rose 11% quarter-over-quarter to $1.1T.
Based on Bank of America's 13F filing for Q1 2024, filed 15 May 2024.