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 | |
|---|---|---|---|---|---|---|
4026
Tarsus Pharmaceuticals
TARS
$3.04B
| $2.25M | ﹤0.01% |
124,506
+101,547
| +442% | +$1.61M |
|
4027
Navios Maritime Partners
NMM
$2.33B
| $2.25M | ﹤0.01% |
102,958
+302
| +0.3% | +$6.69K |
|
4028
indie Semiconductor
INDI
$995M
| $2.24M | ﹤0.01% |
238,564
+149,062
| +167% | +$1.35M |
|
4029
CALL
McCormick & Company Non-Voting
MKC
$14.7B
| $2.24M | ﹤0.01% |
+25,700
| New | +$2.27M |
|
4030
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $2.24M | ﹤0.01% |
101,298
-2,999
| -3% | -$64.8K |
|
4031
PUT
Snap
SNAP
$9.15B
| $2.24M | ﹤0.01% |
188,800
| – | – |
|
4032
Vanda Pharmaceuticals
VNDA
$316M
| $2.23M | ﹤0.01% |
338,925
-1,292,215
| -79% | -$8.28M |
|
4033
Mercury Insurance
MCY
$5.84B
| $2.23M | ﹤0.01% |
73,703
-25,577
| -26% | -$780K |
|
|
SHOE
4034
Shoe Station Group
SHOE
$414M
| $2.23M | ﹤0.01% |
94,980
-35,282
| -27% | -$810K |
|
4035
FerroAtlántica
GSM
$820M
| $2.23M | ﹤0.01% |
466,900
-89,219
| -16% | -$410K |
|
|
BNY
4036
CALL
Bank of New York Mellon
BNY
$111B
| $2.23M | ﹤0.01% |
50,000
| – | – |
|
|
BNY
4037
PUT
Bank of New York Mellon
BNY
$111B
| $2.23M | ﹤0.01% |
50,000
| – | – |
|
4038
Atmus Filtration Technologies
ATMU
$4.16B
| $2.22M | ﹤0.01% |
+101,268
| New | +$2.12M |
|
4039
KRONOS Worldwide
KRO
$975M
| $2.22M | ﹤0.01% |
254,696
+9,712
| +4% | +$85.6K |
|
|
HTO
4040
H2O America
HTO
$2.67B
| $2.22M | ﹤0.01% |
31,684
-5,451
| -15% | -$412K |
|
4041
Peoples Bancorp
PEBO
$1.49B
| $2.22M | ﹤0.01% |
83,568
-3,020
| -3% | -$78.7K |
|
|
ENLC
4042
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $2.22M | ﹤0.01% |
209,307
-209,662
| -50% | -$2.09M |
|
4043
Matthews International
MATW
$725M
| $2.22M | ﹤0.01% |
52,054
-2,858
| -5% | -$111K |
|
4044
ProShares S&P 500 ex-Financials ETF
SPXN
$80.7M
| $2.22M | ﹤0.01% |
46,202
+43,994
| +1,992% | +$1.99M |
|
4045
CALL
PNC Financial Services
PNC
$103B
| $2.22M | ﹤0.01% |
17,600
+300
| +2% | +$36.7K |
|
4046
Stem
STEM
$61M
| $2.22M | ﹤0.01% |
19,373
-13,954
| -42% | -$1.39M |
|
|
CSF
4047
DELISTED
VictoryShares US Discovery Enhanced Volatility Wtd ETF
CSF
| $2.21M | ﹤0.01% |
42,532
+2,793
| +7% | +$144K |
|
4048
First Merchants
FRME
$2.74B
| $2.21M | ﹤0.01% |
78,255
-19,123
| -20% | -$543K |
|
4049
Northwest Natural Holdings
NWN
$2.14B
| $2.21M | ﹤0.01% |
51,265
-15,515
| -23% | -$701K |
|
4050
International Bancshares
IBOC
$4.56B
| $2.21M | ﹤0.01% |
49,896
-40,331
| -45% | -$1.75M |
|
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.