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 | |
|---|---|---|---|---|---|---|
|
ICPT
3701
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $3.27M | ﹤0.01% |
295,936
-74,882
| -20% | -$1.04M |
|
3702
RLX Technology
RLX
$2.37B
| $3.27M | ﹤0.01% |
1,845,261
-1,229,770
| -40% | -$2.75M |
|
3703
PIMCO Corporate & Income Opportunity Fund
PTY
$2.49B
| $3.27M | ﹤0.01% |
233,280
+68,241
| +41% | +$885K |
|
|
PACW
3704
PUT
DELISTED
PacWest Bancorp
PACW
| $3.26M | ﹤0.01% |
+400,300
| New | +$3.23M |
|
|
NQP
3705
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $3.26M | ﹤0.01% |
290,089
-14,593
| -5% | -$164K |
|
|
MVF
3706
DELISTED
BlackRock MuniVest Fund
MVF
| $3.25M | ﹤0.01% |
483,445
+57,031
| +13% | +$385K |
|
3707
Alpha Metallurgical Resources
AMR
$2.11B
| $3.25M | ﹤0.01% |
19,783
-22,664
| -53% | -$3.47M |
|
3708
Energy Recovery
ERII
$426M
| $3.25M | ﹤0.01% |
116,124
-59,874
| -34% | -$1.49M |
|
|
VERV
3709
DELISTED
Verve Therapeutics
VERV
| $3.24M | ﹤0.01% |
172,867
-211,839
| -55% | -$3.53M |
|
|
EQRX
3710
DELISTED
EQRx, Inc. Common Stock
EQRX
| $3.24M | ﹤0.01% |
1,742,133
-1,969,335
| -53% | -$3.52M |
|
3711
Tootsie Roll Industries
TR
$3.08B
| $3.24M | ﹤0.01% |
99,918
+15,178
| +18% | +$554K |
|
3712
Bank of Hawaii
BOH
$3.17B
| $3.23M | ﹤0.01% |
78,240
+16,554
| +27% | +$732K |
|
3713
Triple Flag Precious Metals
TFPM
$6.48B
| $3.23M | ﹤0.01% |
234,090
+188,039
| +408% | +$2.83M |
|
|
LSST
3714
DELISTED
Natixis Loomis Sayles Short Duration Income ETF
LSST
| $3.23M | ﹤0.01% |
137,140
-11,051
| -7% | -$262K |
|
|
AFT
3715
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $3.22M | ﹤0.01% |
249,795
+5,341
| +2% | +$67.1K |
|
|
GGZ
3716
Gabelli Global Small and Mid-Cap Value Trust
GGZ
$128M
| $3.22M | ﹤0.01% |
268,793
+1,210
| +0.5% | +$13.9K |
|
3717
Kymera Therapeutics
KYMR
$9.76B
| $3.22M | ﹤0.01% |
140,024
-136,764
| -49% | -$3.92M |
|
3718
First Trust STOXX European Select Dividend Income Fund
FDD
$916M
| $3.21M | ﹤0.01% |
282,707
+13,197
| +5% | +$156K |
|
3719
Colliers International
CIGI
$5.39B
| $3.2M | ﹤0.01% |
32,633
+9,007
| +38% | +$876K |
|
|
CLDT
3720
Chatham Lodging
CLDT
$605M
| $3.2M | ﹤0.01% |
342,304
-159,374
| -32% | -$1.58M |
|
3721
CALL
Bausch Health
BHC
$2.43B
| $3.2M | ﹤0.01% |
400,000
+300,000
| +300% | +$2.21M |
|
|
FTCH
3722
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $3.2M | ﹤0.01% |
529,697
-423,557
| -44% | -$2.04M |
|
3723
Emergent Biosolutions
EBS
$235M
| $3.2M | ﹤0.01% |
434,765
-162,916
| -27% | -$1.51M |
|
3724
CALL
Bio-Techne
TECH
$11.3B
| $3.19M | ﹤0.01% |
39,100
-37,200
| -49% | -$2.99M |
|
3725
M/I Homes
MHO
$3.85B
| $3.19M | ﹤0.01% |
36,548
-52,130
| -59% | -$3.69M |
|
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.