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 | |
|---|---|---|---|---|---|---|
3801
PUT
Hasbro
HAS
$13.6B
| $2.91M | ﹤0.01% |
+45,000
| New | +$2.63M |
|
3802
PUT
Riot Platforms
RIOT
$7.14B
| $2.91M | ﹤0.01% |
246,400
-444,700
| -64% | -$4.98M |
|
|
JPXN
3803
iShares JPX-Nikkei 400 ETF
JPXN
$142M
| $2.91M | ﹤0.01% |
44,113
+36,600
| +487% | +$2.36M |
|
|
PPLT
3804
abrdn Physical Platinum Shares ETF
PPLT
$2.04B
| $2.91M | ﹤0.01% |
347,730
+9,860
| +3% | +$93.6K |
|
3805
MidCap Financial Investment
MFIC
$803M
| $2.91M | ﹤0.01% |
231,438
-120,175
| -34% | -$1.4M |
|
3806
nLIGHT
LASR
$3.03B
| $2.9M | ﹤0.01% |
188,375
+5,239
| +3% | +$64K |
|
3807
Endava
DAVA
$164M
| $2.9M | ﹤0.01% |
56,064
+19,314
| +53% | +$1.04M |
|
|
EOCW
3808
DELISTED
Elliott Opportunity II Corp.
EOCW
| $2.9M | ﹤0.01% |
280,000
| – | – |
|
3809
PUT
Lockheed Martin
LMT
$140B
| $2.9M | ﹤0.01% |
6,300
-100
| -2% | -$46.4K |
|
3810
Vericel Corp
VCEL
$2.26B
| $2.9M | ﹤0.01% |
77,187
-118,133
| -60% | -$3.88M |
|
3811
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$481M
| $2.9M | ﹤0.01% |
32,816
-10,548
| -24% | -$897K |
|
3812
Stratasys
SSYS
$781M
| $2.89M | ﹤0.01% |
162,594
+37,688
| +30% | +$590K |
|
|
ORLA
3813
DELISTED
Orla Mining
ORLA
| $2.89M | ﹤0.01% |
687,389
-62,437
| -8% | -$278K |
|
3814
GoodRx Holdings
GDRX
$1.27B
| $2.89M | ﹤0.01% |
522,782
-190,845
| -27% | -$1.03M |
|
3815
IHS Holding
IHS
$2.82B
| $2.88M | ﹤0.01% |
294,400
+107,100
| +57% | +$942K |
|
3816
CALL
Pinterest
PINS
$13.6B
| $2.88M | ﹤0.01% |
+105,300
| New | +$2.62M |
|
|
PENG
3817
Penguin Solutions Inc
PENG
$3.27B
| $2.87M | ﹤0.01% |
98,939
-41,062
| -29% | -$823K |
|
3818
Comstock Resources
CRK
$4.13B
| $2.87M | ﹤0.01% |
247,391
-51,701
| -17% | -$538K |
|
|
ACLX
3819
DELISTED
Arcellx
ACLX
| $2.87M | ﹤0.01% |
90,705
-97,550
| -52% | -$3.73M |
|
|
EFC
3820
Ellington Financial
EFC
$1.76B
| $2.87M | ﹤0.01% |
207,825
-13,597
| -6% | -$173K |
|
3821
John Hancock Preferred Income ETF
JHPI
$216M
| $2.86M | ﹤0.01% |
136,441
+17,339
| +15% | +$364K |
|
3822
Red Rock Resorts
RRR
$3.76B
| $2.86M | ﹤0.01% |
61,117
-11,708
| -16% | -$544K |
|
3823
Upbound Group
UPBD
$1.14B
| $2.86M | ﹤0.01% |
91,737
-24,625
| -21% | -$720K |
|
3824
CALL
Transocean
RIG
$6.43B
| $2.85M | ﹤0.01% |
407,200
-1,978,800
| -83% | -$12.2M |
|
3825
PUT
Digital Realty Trust
DLR
$74.1B
| $2.85M | ﹤0.01% |
+25,000
| New | +$2.47M |
|
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.