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 | |
|---|---|---|---|---|---|---|
4101
Tandem Diabetes Care
TNDM
$1.58B
| $2.09M | ﹤0.01% |
85,135
-170,300
| -67% | -$5.48M |
|
4102
Xencor
XNCR
$1.74B
| $2.09M | ﹤0.01% |
83,636
-130,424
| -61% | -$3.55M |
|
4103
Axsome Therapeutics
AXSM
$11.2B
| $2.09M | ﹤0.01% |
29,020
-3,517
| -11% | -$259K |
|
4104
Fidelity Quality Factor ETF
FQAL
$1.46B
| $2.08M | ﹤0.01% |
41,169
+1,501
| +4% | +$72.3K |
|
|
FORG
4105
DELISTED
ForgeRock, Inc.
FORG
| $2.08M | ﹤0.01% |
101,155
-73,927
| -42% | -$1.48M |
|
4106
Vicor
VICR
$10.8B
| $2.08M | ﹤0.01% |
38,427
-39,441
| -51% | -$1.95M |
|
|
DHF
4107
BNY Mellon High Yield Strategies Fund
DHF
$174M
| $2.07M | ﹤0.01% |
934,128
+27,978
| +3% | +$61.2K |
|
4108
OneSpaWorld
OSW
$2.73B
| $2.07M | ﹤0.01% |
171,316
+45,587
| +36% | +$527K |
|
|
QVCGA
4109
DELISTED
QVC Group Inc Series A
QVCGA
| $2.07M | ﹤0.01% |
41,871
+3,832
| +10% | +$172K |
|
4110
CALL
BioMarin Pharmaceuticals
BMRN
$13B
| $2.07M | ﹤0.01% |
23,900
-86,900
| -78% | -$8.18M |
|
4111
TPG
TPG
$8.51B
| $2.07M | ﹤0.01% |
70,774
+14,106
| +25% | +$396K |
|
4112
Broadway Financial
BYFC
$111M
| $2.07M | ﹤0.01% |
266,493
| – | – |
|
4113
PUT
Parker-Hannifin
PH
$133B
| $2.07M | ﹤0.01% |
5,300
+5,000
| +1,667% | +$1.69M |
|
|
GLO
4114
Clough Global Opportunities Fund
GLO
$257M
| $2.06M | ﹤0.01% |
411,692
-49,015
| -11% | -$235K |
|
4115
Compass Minerals
CMP
$1.11B
| $2.06M | ﹤0.01% |
60,664
-99,749
| -62% | -$3.31M |
|
4116
Fidelity Corporate Bond ETF
FCOR
$352M
| $2.06M | ﹤0.01% |
45,074
-1,893
| -4% | -$86.7K |
|
4117
Invesco S&P SmallCap Momentum ETF
XSMO
$3.14B
| $2.06M | ﹤0.01% |
42,477
+1,543
| +4% | +$70.6K |
|
4118
CALL
Dynatrace
DT
$14.2B
| $2.06M | ﹤0.01% |
+40,000
| New | +$1.87M |
|
4119
HNI Corp
HNI
$3.53B
| $2.06M | ﹤0.01% |
72,974
+11,307
| +18% | +$301K |
|
4120
Expro Ltd
XPRO
$2.1B
| $2.05M | ﹤0.01% |
115,862
+36,163
| +45% | +$652K |
|
4121
Daily Journal
DJCO
$831M
| $2.05M | ﹤0.01% |
7,097
-159
| -2% | -$44.9K |
|
4122
CALL
Prothena Corp
PRTA
$455M
| $2.05M | ﹤0.01% |
+30,000
| New | +$1.93M |
|
4123
Traeger
COOK
$164M
| $2.04M | ﹤0.01% |
9,621
+2,043
| +27% | +$369K |
|
4124
CALL
Public Storage
PSA
$60.9B
| $2.04M | ﹤0.01% |
+7,000
| New | +$2.04M |
|
4125
CALL
AGCO
AGCO
$7.1B
| $2.04M | ﹤0.01% |
+15,500
| New | +$1.92M |
|
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.