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 | |
|---|---|---|---|---|---|---|
351
TotalEnergies
TTE
$194B
| $435M | 0.05% |
7,551,266
-305,249
| -4% | -$18.5M |
|
352
iShares MSCI EAFE Growth ETF
EFG
$17.4B
| $434M | 0.05% |
4,549,413
+1,353
| +0% | +$129K |
|
353
iShares Core MSCI Total International Stock ETF
IXUS
$60.7B
| $431M | 0.05% |
6,884,495
-515,684
| -7% | -$32.3M |
|
354
Sherwin-Williams
SHW
$87.4B
| $428M | 0.04% |
1,611,675
-541,974
| -25% | -$128M |
|
355
McCormick & Company Non-Voting
MKC
$14.2B
| $428M | 0.04% |
4,904,258
+3,781,000
| +337% | +$334M |
|
356
PGIM Ultra Short Bond ETF
PULS
$18.4B
| $424M | 0.04% |
8,588,284
+868,294
| +11% | +$42.8M |
|
357
iShares Russell Mid-Cap Value ETF
IWS
$16B
| $423M | 0.04% |
3,847,867
-150,112
| -4% | -$15.8M |
|
358
GE Aerospace
GE
$379B
| $419M | 0.04% |
4,779,782
-427,408
| -8% | -$34.6M |
|
359
Ford
F
$55.1B
| $419M | 0.04% |
27,680,480
-2,978,880
| -10% | -$37.7M |
|
360
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.8B
| $417M | 0.04% |
8,725,092
+887,219
| +11% | +$43.4M |
|
361
DuPont de Nemours
DD
$19.5B
| $417M | 0.04% |
4,649,253
-45,113
| -1% | -$3.88M |
|
362
KKR & Co
KKR
$99.5B
| $417M | 0.04% |
7,443,357
-832,275
| -10% | -$43.6M |
|
363
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20B
| $416M | 0.04% |
2,019,974
+234,739
| +13% | +$45.5M |
|
364
iShares Treasury Floating Rate Bond ETF
TFLO
$6.72B
| $415M | 0.04% |
8,198,121
-350,612
| -4% | -$17.7M |
|
365
Gilead Sciences
GILD
$168B
| $415M | 0.04% |
5,379,332
-2,319,931
| -30% | -$185M |
|
366
Motorola Solutions
MSI
$77.7B
| $412M | 0.04% |
1,404,668
-227,884
| -14% | -$65.3M |
|
367
Schwab U.S Small- Cap ETF
SCHA
$23.3B
| $410M | 0.04% |
18,719,330
+261,166
| +1% | +$5.44M |
|
368
Devon Energy
DVN
$49.3B
| $409M | 0.04% |
8,466,535
-902,375
| -10% | -$45.4M |
|
369
CALL
iShares TIPS Bond ETF
TIP
$14.7B
| $408M | 0.04% |
3,789,000
+3,467,000
| +1,077% | +$378M |
|
370
Sysco
SYY
$40.5B
| $408M | 0.04% |
5,493,795
-624,367
| -10% | -$46.2M |
|
371
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $402M | 0.04% |
9,909,000
+2,099,200
| +27% | +$85.5M |
|
372
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $397M | 0.04% |
8,418,224
-1,250,502
| -13% | -$57.2M |
|
373
Sony
SONY
$138B
| $397M | 0.04% |
22,034,980
-171,225
| -0.8% | -$3.21M |
|
374
FedEx
FDX
$77.3B
| $394M | 0.04% |
1,587,721
-151,039
| -9% | -$34.6M |
|
375
Alcon
ALC
$35.6B
| $394M | 0.04% |
4,792,402
+33,418
| +0.7% | +$2.55M |
|
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.