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 | |
|---|---|---|---|---|---|---|
3951
Driven Brands
DRVN
$2.13B
| $2.47M | ﹤0.01% |
91,186
-130,912
| -59% | -$3.65M |
|
3952
InMode
INMD
$872M
| $2.47M | ﹤0.01% |
65,999
-102,544
| -61% | -$3.58M |
|
|
GGN
3953
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$831M
| $2.46M | ﹤0.01% |
658,951
+2,770
| +0.4% | +$10.4K |
|
|
SWN
3954
PUT
DELISTED
Southwestern Energy Company
SWN
| $2.46M | ﹤0.01% |
+410,000
| New | +$2.11M |
|
3955
Nordic American Tanker
NAT
$1.42B
| $2.46M | ﹤0.01% |
671,220
-129,976
| -16% | -$470K |
|
3956
Invesco California Value Municipal Income Trust
VCV
$528M
| $2.46M | ﹤0.01% |
256,445
+6,064
| +2% | +$58.8K |
|
3957
KraneShares Public-Private Emerging Markets Internet and Technology ETF
KEMQ
$26.2M
| $2.46M | ﹤0.01% |
169,588
-943,648
| -85% | -$13.8M |
|
3958
Star Bulk Carriers
SBLK
$3.24B
| $2.46M | ﹤0.01% |
138,772
-36,604
| -21% | -$704K |
|
|
TSE
3959
DELISTED
Trinseo
TSE
| $2.45M | ﹤0.01% |
193,451
-1,300
| -0.7% | -$21K |
|
3960
Tredegar Corp
TG
$276M
| $2.45M | ﹤0.01% |
366,927
+33,881
| +10% | +$269K |
|
3961
AnaptysBio
ANAB
$1.73B
| $2.45M | ﹤0.01% |
120,315
+5,554
| +5% | +$113K |
|
3962
Standard Motor Products
SMP
$870M
| $2.45M | ﹤0.01% |
65,179
+12,171
| +23% | +$444K |
|
|
IGI
3963
Western Asset Investment Grade Defined Opportunity Trust
IGI
$95.4M
| $2.44M | ﹤0.01% |
149,764
+25,586
| +21% | +$424K |
|
|
CBH
3964
DELISTED
Virtus Convertible & Income 2024 Target Term Fund
CBH
| $2.44M | ﹤0.01% |
283,543
+16,804
| +6% | +$144K |
|
3965
PUT
Array Technologies
ARRY
$778M
| $2.44M | ﹤0.01% |
108,000
-182,200
| -63% | -$3.9M |
|
3966
Lindsay Corp
LNN
$1.17B
| $2.44M | ﹤0.01% |
20,448
-5,373
| -21% | -$667K |
|
3967
Benchmark Electronics
BHE
$2.94B
| $2.43M | ﹤0.01% |
94,146
+36,023
| +62% | +$833K |
|
3968
iShares MSCI Japan Small-Cap ETF
SCJ
$265M
| $2.43M | ﹤0.01% |
35,543
+35,019
| +6,683% | +$2.41M |
|
3969
Radiant Logistics
RLGT
$408M
| $2.43M | ﹤0.01% |
361,570
+12,111
| +3% | +$78.2K |
|
3970
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.19B
| $2.43M | ﹤0.01% |
92,949
+4,053
| +5% | +$102K |
|
3971
CALL
Restaurant Brands International
QSR
$27.1B
| $2.42M | ﹤0.01% |
31,200
-93,800
| -75% | -$6.77M |
|
3972
Piper Sandler
PIPR
$5.41B
| $2.42M | ﹤0.01% |
74,760
-45,792
| -38% | -$1.51M |
|
3973
CALL
Southwest Airlines
LUV
$21.7B
| $2.42M | ﹤0.01% |
66,700
+65,900
| +8,238% | +$2.07M |
|
3974
G-III Apparel Group
GIII
$1.43B
| $2.41M | ﹤0.01% |
125,290
-71,485
| -36% | -$1.23M |
|
3975
Invesco New York AMT-Free Municipal Bond ETF
PZT
$139M
| $2.41M | ﹤0.01% |
106,059
-5,069
| -5% | -$115K |
|
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.