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 | |
|---|---|---|---|---|---|---|
3976
Ecopetrol
EC
$35.3B
| $2.41M | ﹤0.01% |
234,694
-798,513
| -77% | -$8.06M |
|
3977
Eastern Bankshares
EBC
$5.4B
| $2.41M | ﹤0.01% |
196,016
-14,746
| -7% | -$175K |
|
3978
Nuveen California Quality Municipal Income Fund
NAC
$1.86B
| $2.4M | ﹤0.01% |
220,117
+14,624
| +7% | +$158K |
|
3979
ZipRecruiter
ZIP
$386M
| $2.4M | ﹤0.01% |
135,126
+26,619
| +25% | +$438K |
|
3980
Replimune Group
REPL
$1.4B
| $2.4M | ﹤0.01% |
103,313
-180,005
| -64% | -$3.52M |
|
|
ODP
3981
DELISTED
ODP
ODP
| $2.4M | ﹤0.01% |
51,237
-24,974
| -33% | -$1.07M |
|
|
HIO
3982
Western Asset High Income Opportunity Fund
HIO
$339M
| $2.39M | ﹤0.01% |
632,139
-23,385
| -4% | -$88.6K |
|
3983
Chefs' Warehouse
CHEF
$4.45B
| $2.38M | ﹤0.01% |
66,583
-14,297
| -18% | -$474K |
|
3984
ProShares Russell US Dividend Growers ETF
TMDV
$4.86M
| $2.38M | ﹤0.01% |
50,752
+2,474
| +5% | +$114K |
|
3985
CryoPort
CYRX
$772M
| $2.38M | ﹤0.01% |
137,738
-18,587
| -12% | -$380K |
|
3986
CALL
Ventas
VTR
$46.9B
| $2.37M | ﹤0.01% |
+50,100
| New | +$2.27M |
|
|
PMO
3987
Franklin Municipal Opportunities Trust
PMO
$290M
| $2.37M | ﹤0.01% |
231,921
+20,921
| +10% | +$212K |
|
3988
CALL
Roku
ROKU
$23.4B
| $2.37M | ﹤0.01% |
+37,000
| New | +$2.25M |
|
3989
CALL
Dollar General
DG
$27.2B
| $2.36M | ﹤0.01% |
13,900
-31,000
| -69% | -$6.13M |
|
3990
QuantumScape Corp
QS
$3.81B
| $2.36M | ﹤0.01% |
295,061
-259,287
| -47% | -$1.8M |
|
|
RIV
3991
RiverNorth Opportunities Fund
RIV
$304M
| $2.36M | ﹤0.01% |
205,947
+3,138
| +2% | +$35K |
|
3992
Petco
WOOF
$805M
| $2.35M | ﹤0.01% |
264,422
-174,994
| -40% | -$1.61M |
|
3993
CALL
Equifax
EFX
$21.2B
| $2.35M | ﹤0.01% |
+10,000
| New | +$2.1M |
|
|
3994
PUT
Equifax
EFX
$21.2B
| $2.35M | ﹤0.01% |
+10,000
| New | +$2.1M |
|
3995
Chegg
CHGG
$87.5M
| $2.35M | ﹤0.01% |
264,506
-1,112,186
| -81% | -$13.5M |
|
|
NXRT
3996
NexPoint Residential Trust
NXRT
$626M
| $2.35M | ﹤0.01% |
51,612
-2,416
| -4% | -$104K |
|
3997
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$968M
| $2.34M | ﹤0.01% |
242,069
+8,653
| +4% | +$93.4K |
|
3998
United States Oil Fund
USO
$1.79B
| $2.34M | ﹤0.01% |
36,760
-1,172,751
| -97% | -$76.5M |
|
3999
PUT
Consolidated Edison
ED
$40.2B
| $2.33M | ﹤0.01% |
25,800
+15,000
| +139% | +$1.43M |
|
|
FDEU
4000
DELISTED
First Trust Dynamic Europe Equity Income Fund
FDEU
| $2.33M | ﹤0.01% |
177,846
+99,568
| +127% | +$1.29M |
|
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.