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 | |
|---|---|---|---|---|---|---|
4201
CALL
Alkermes
ALKS
$8.23B
| $1.84M | ﹤0.01% |
+58,700
| New | +$1.78M |
|
4202
Main Street Capital
MAIN
$5.5B
| $1.84M | ﹤0.01% |
45,874
-55,093
| -55% | -$2.19M |
|
4203
Ardagh Metal Packaging
AMBP
$3.13B
| $1.84M | ﹤0.01% |
488,075
+207,327
| +74% | +$766K |
|
4204
Ero Copper
ERO
$3.53B
| $1.82M | ﹤0.01% |
90,154
+87,554
| +3,367% | +$1.66M |
|
4205
Fidelity Small-Mid Multifactor ETF
FSMD
$2.64B
| $1.82M | ﹤0.01% |
54,486
-6,729
| -11% | -$216K |
|
4206
Pliant Therapeutics
PLRX
$66.3M
| $1.82M | ﹤0.01% |
100,221
+23,699
| +31% | +$561K |
|
|
SHYF
4207
DELISTED
The Shyft Group
SHYF
| $1.81M | ﹤0.01% |
82,223
-15,133
| -16% | -$355K |
|
4208
Mayville Engineering Co
MEC
$614M
| $1.81M | ﹤0.01% |
145,270
-266
| -0.2% | -$3.36K |
|
|
KLR
4209
DELISTED
Kaleyra, Inc.
KLR
| $1.81M | ﹤0.01% |
268,413
-12,346
| -4% | -$32.7K |
|
4210
PUT
Enovix
ENVX
$963M
| $1.81M | ﹤0.01% |
114,400
+114,286
| +100,251% | +$1.33M |
|
4211
BioXcel Therapeutics
BTAI
$36.7M
| $1.8M | ﹤0.01% |
16,937
-4,371
| -21% | -$1.46M |
|
4212
Liberty Latin America Class C
LILAK
$1.66B
| $1.8M | ﹤0.01% |
230,129
+4,368
| +2% | +$32.6K |
|
|
PML
4213
PIMCO Municipal Income Fund II
PML
$493M
| $1.8M | ﹤0.01% |
199,431
-63,764
| -24% | -$580K |
|
4214
Futu Holdings
FUTU
$14.8B
| $1.8M | ﹤0.01% |
45,328
-330,354
| -88% | -$14.1M |
|
4215
First Financial Corp
THFF
$976M
| $1.8M | ﹤0.01% |
55,419
-2,810
| -5% | -$95.8K |
|
|
MVT
4216
DELISTED
BlackRock MuniVest Fund II
MVT
| $1.79M | ﹤0.01% |
168,855
-34,738
| -17% | -$364K |
|
4217
Corebridge Financial
CRBG
$15.4B
| $1.79M | ﹤0.01% |
101,626
+13,147
| +15% | +$219K |
|
|
RC
4218
Ready Capital
RC
$306M
| $1.79M | ﹤0.01% |
158,764
+53,318
| +51% | +$563K |
|
4219
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$199M
| $1.79M | ﹤0.01% |
60,066
+1,388
| +2% | +$39.9K |
|
|
FAM
4220
DELISTED
First Trust/abrdn Global Opportunity Income Fund
FAM
| $1.79M | ﹤0.01% |
287,155
+77,103
| +37% | +$458K |
|
4221
LeMaitre Vascular
LMAT
$1.88B
| $1.78M | ﹤0.01% |
26,409
+1,812
| +7% | +$111K |
|
4222
United States Natural Gas Fund
UNG
$487M
| $1.78M | ﹤0.01% |
59,850
+1,177
| +2% | +$31.9K |
|
4223
Wipro
WIT
$19.2B
| $1.77M | ﹤0.01% |
749,668
-1,437,860
| -66% | -$3.34M |
|
4224
NexGen Energy
NXE
$6.97B
| $1.77M | ﹤0.01% |
375,366
-179,886
| -32% | -$730K |
|
4225
Gray Television
GTN
$538M
| $1.77M | ﹤0.01% |
224,036
+57,427
| +34% | +$442K |
|
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.