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 | |
|---|---|---|---|---|---|---|
3626
PUT
ZIM Integrated Shipping Services
ZIM
$3.39B
| $3.6M | ﹤0.01% |
+290,600
| New | +$4.67M |
|
3627
ADC Therapeutics
ADCT
$129M
| $3.58M | ﹤0.01% |
1,666,712
+21,904
| +1% | +$49.2K |
|
|
DOYU
3628
DouYu International Holdings
DOYU
$142M
| $3.58M | ﹤0.01% |
340,508
-379,907
| -53% | -$4.05M |
|
3629
Criteo S.A.
CRTO
$931M
| $3.57M | ﹤0.01% |
105,731
-1,170
| -1% | -$37.7K |
|
3630
Sylvamo
SLVM
$1.53B
| $3.56M | ﹤0.01% |
88,124
-17,762
| -17% | -$767K |
|
3631
Schwab International Small-Cap Equity ETF
SCHC
$5.71B
| $3.56M | ﹤0.01% |
105,408
+7,161
| +7% | +$242K |
|
3632
Icahn Enterprises
IEP
$5.27B
| $3.56M | ﹤0.01% |
122,585
+57,287
| +88% | +$2.09M |
|
3633
California Resources
CRC
$4.73B
| $3.56M | ﹤0.01% |
78,560
-129,714
| -62% | -$5.26M |
|
3634
Allogene Therapeutics
ALLO
$708M
| $3.56M | ﹤0.01% |
715,469
-316,195
| -31% | -$1.71M |
|
|
CSR
3635
Centerspace
CSR
$938M
| $3.55M | ﹤0.01% |
57,897
-12,337
| -18% | -$723K |
|
3636
PUT
Lucid Motors
LCID
$2.45B
| $3.55M | ﹤0.01% |
+51,560
| New | +$3.68M |
|
|
NWLI
3637
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $3.54M | ﹤0.01% |
8,521
-377
| -4% | -$120K |
|
3638
PennyMac Financial
PFSI
$4.05B
| $3.54M | ﹤0.01% |
50,344
+6,721
| +15% | +$426K |
|
|
BASE
3639
DELISTED
Couchbase
BASE
| $3.54M | ﹤0.01% |
223,622
-12,732
| -5% | -$208K |
|
3640
RLJ Lodging Trust
RLJ
$1.67B
| $3.54M | ﹤0.01% |
344,354
-199,767
| -37% | -$2.07M |
|
3641
BlackRock Limited Duration Income Trust
BLW
$503M
| $3.53M | ﹤0.01% |
274,225
+38,650
| +16% | +$498K |
|
|
CDMO
3642
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $3.53M | ﹤0.01% |
252,402
-183,271
| -42% | -$3.12M |
|
3643
PUT
Alaska Air
ALK
$5.13B
| $3.53M | ﹤0.01% |
66,300
-704,300
| -91% | -$32M |
|
3644
Editas Medicine
EDIT
$433M
| $3.52M | ﹤0.01% |
428,133
-513,762
| -55% | -$4.48M |
|
3645
PUT
Wingstop
WING
$3.44B
| $3.52M | ﹤0.01% |
+17,600
| New | +$3.44M |
|
3646
CALL
International Flavors & Fragrances
IFF
$21.5B
| $3.52M | ﹤0.01% |
+44,200
| New | +$3.8M |
|
3647
Veeco
VECO
$3.2B
| $3.51M | ﹤0.01% |
136,582
-82,241
| -38% | -$1.81M |
|
3648
Invesco Bloomberg Pricing Power ETF
POWA
$183M
| $3.51M | ﹤0.01% |
50,636
-52,796
| -51% | -$3.55M |
|
3649
CALL
Linde
LIN
$223B
| $3.51M | ﹤0.01% |
9,200
+200
| +2% | +$73K |
|
3650
News Corp Class B
NWS
$17.9B
| $3.5M | ﹤0.01% |
177,477
-21,206
| -11% | -$388K |
|
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.