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 | |
|---|---|---|---|---|---|---|
|
GBAB
3551
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
$390M
| $3.93M | ﹤0.01% |
241,003
+6,185
| +3% | +$102K |
|
3552
BlackBerry
BB
$5.22B
| $3.92M | ﹤0.01% |
709,397
+171,145
| +32% | +$829K |
|
3553
CALL
Baker Hughes
BKR
$64.3B
| $3.92M | ﹤0.01% |
+124,000
| New | +$3.62M |
|
|
GMS
3554
DELISTED
GMS Inc
GMS
| $3.92M | ﹤0.01% |
56,632
-4,052
| -7% | -$250K |
|
3555
Shake Shack
SHAK
$3.02B
| $3.92M | ﹤0.01% |
50,399
-16,558
| -25% | -$1.06M |
|
3556
VanEck Video Gaming and eSports ETF
ESPO
$259M
| $3.92M | ﹤0.01% |
70,225
-36,192
| -34% | -$1.92M |
|
3557
PUT
HCA Healthcare
HCA
$87.6B
| $3.91M | ﹤0.01% |
12,900
+2,500
| +24% | +$695K |
|
3558
iShares MSCI Emerging Markets Asia ETF
EEMA
$870M
| $3.9M | ﹤0.01% |
59,421
-750,079
| -93% | -$49.2M |
|
3559
nCino
NCNO
$2.28B
| $3.9M | ﹤0.01% |
129,524
-108,192
| -46% | -$2.75M |
|
|
LADR
3560
Ladder Capital
LADR
$1.27B
| $3.9M | ﹤0.01% |
359,105
-7,425
| -2% | -$71.9K |
|
3561
Donnelley Financial Solutions
DFIN
$1.2B
| $3.9M | ﹤0.01% |
85,571
+3,126
| +4% | +$138K |
|
|
CWEN.A
3562
DELISTED
Clearway Energy Class A
CWEN.A
| $3.89M | ﹤0.01% |
144,208
-20,077
| -12% | -$582K |
|
3563
iShares MSCI Intl Momentum Factor ETF
IMTM
$4.33B
| $3.88M | ﹤0.01% |
116,764
-7,009
| -6% | -$231K |
|
3564
Arcutis Biotherapeutics
ARQT
$3.29B
| $3.87M | ﹤0.01% |
406,555
-1,215,219
| -75% | -$13.5M |
|
3565
CALL
United Parcel Service
UPS
$88.9B
| $3.87M | ﹤0.01% |
21,600
+2,200
| +11% | +$391K |
|
3566
CALL
FedEx
FDX
$79.2B
| $3.87M | ﹤0.01% |
15,600
| – | – |
|
3567
Acco Brands
ACCO
$401M
| $3.87M | ﹤0.01% |
741,897
-32,561
| -4% | -$164K |
|
|
INST
3568
DELISTED
Instructure Holdings, Inc.
INST
| $3.86M | ﹤0.01% |
153,249
-15,079
| -9% | -$378K |
|
3569
Bank of America Series L
BAC.PRL
$4.02B
| $3.85M | ﹤0.01% |
3,286
+76
| +2% | +$89.1K |
|
|
DNAB
3570
DELISTED
Social Capital Suvretta Holdings Corp. II Class A Ordinary Shares
DNAB
| $3.85M | ﹤0.01% |
371,500
| – | – |
|
|
EMCS
3571
Xtrackers MSCI Emerging Markets Select ETF
EMCS
$1.01B
| $3.84M | ﹤0.01% |
159,060
+7,788
| +5% | +$188K |
|
3572
Grupo Cibest SA
CIB
$22.8B
| $3.84M | ﹤0.01% |
143,994
+40,370
| +39% | +$1.05M |
|
3573
CALL
Aflac
AFL
$60.9B
| $3.84M | ﹤0.01% |
55,000
| – | – |
|
|
3574
PUT
Aflac
AFL
$60.9B
| $3.84M | ﹤0.01% |
55,000
| – | – |
|
|
FYBR
3575
PUT
DELISTED
Frontier Communications
FYBR
| $3.84M | ﹤0.01% |
205,800
+202,700
| +6,539% | +$3.8M |
|
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.