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 | |
|---|---|---|---|---|---|---|
3576
iShares Investment Grade Systematic Bond ETF
IGEB
$1.51B
| $3.84M | ﹤0.01% |
86,794
+561
| +0.7% | +$24.8K |
|
|
ZLS
3577
DELISTED
Zalatoris II Acquisition Corp Class A Ordinary Shares
ZLS
| $3.83M | ﹤0.01% |
370,000
| – | – |
|
3578
Invesco Pharmaceuticals ETF
PJP
$500M
| $3.82M | ﹤0.01% |
50,567
-1,841
| -4% | -$141K |
|
3579
Arcus Biosciences
RCUS
$3.75B
| $3.82M | ﹤0.01% |
188,021
-961,197
| -84% | -$18.3M |
|
3580
Fidelity Limited Term Bond ETF
FLTB
$436M
| $3.82M | ﹤0.01% |
79,527
-83,690
| -51% | -$4.06M |
|
3581
InterDigital
IDCC
$8.87B
| $3.81M | ﹤0.01% |
39,491
-30,201
| -43% | -$2.45M |
|
|
FAX
3582
abrdn Asia-Pacific Income Fund
FAX
$599M
| $3.81M | ﹤0.01% |
235,121
+4,854
| +2% | +$78.8K |
|
3583
Douglas Emmett
DEI
$1.96B
| $3.8M | ﹤0.01% |
302,604
-338,942
| -53% | -$4.1M |
|
3584
PUT
Ally Financial
ALLY
$13.7B
| $3.8M | ﹤0.01% |
140,800
+43,000
| +44% | +$1.14M |
|
3585
Oaktree Specialty Lending
OCSL
$1.14B
| $3.8M | ﹤0.01% |
195,574
-14,239
| -7% | -$268K |
|
3586
CareDx
CDNA
$2.34B
| $3.8M | ﹤0.01% |
446,994
-63,609
| -12% | -$530K |
|
3587
Kinross Gold
KGC
$32.4B
| $3.8M | ﹤0.01% |
796,306
-3,545,633
| -82% | -$17.7M |
|
|
OLPX
3588
DELISTED
Olaplex Holdings
OLPX
| $3.79M | ﹤0.01% |
1,018,988
-524,097
| -34% | -$1.92M |
|
3589
Enova International
ENVA
$6.61B
| $3.79M | ﹤0.01% |
71,348
-28,883
| -29% | -$1.36M |
|
3590
Invesco DB Base Metals Fund
DBB
$315M
| $3.78M | ﹤0.01% |
210,862
+6,701
| +3% | +$125K |
|
3591
Under Armour
UAA
$2.3B
| $3.78M | ﹤0.01% |
523,418
-440,089
| -46% | -$3.54M |
|
3592
IAMGOLD
IAG
$10.4B
| $3.78M | ﹤0.01% |
1,436,279
-569,459
| -28% | -$1.65M |
|
|
VGR
3593
DELISTED
Vector Group Ltd.
VGR
| $3.78M | ﹤0.01% |
294,761
+8,920
| +3% | +$110K |
|
|
RMT
3594
Royce Micro-Cap Trust
RMT
$781M
| $3.77M | ﹤0.01% |
430,369
+3,097
| +0.7% | +$26K |
|
3595
Bumble
BMBL
$358M
| $3.76M | ﹤0.01% |
224,064
-209,597
| -48% | -$3.62M |
|
3596
Janus International
JBI
$697M
| $3.76M | ﹤0.01% |
352,473
-4,016
| -1% | -$37.6K |
|
3597
Myers Industries
MYE
$1.24B
| $3.74M | ﹤0.01% |
192,349
-12,610
| -6% | -$248K |
|
3598
PUT
TG Therapeutics
TGTX
$7.46B
| $3.73M | ﹤0.01% |
+150,000
| New | +$3.87M |
|
|
RADI
3599
CALL
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $3.72M | ﹤0.01% |
249,700
| – | – |
|
|
ASGI
3600
abrdn Global Infrastructure Income Fund
ASGI
$790M
| $3.72M | ﹤0.01% |
209,001
-45,576
| -18% | -$805K |
|
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.