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 | |
|---|---|---|---|---|---|---|
|
EMO
4226
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.07B
| $1.75M | ﹤0.01% |
58,772
-3,745
| -6% | -$106K |
|
4227
OR Royalties Inc
OR
$6.25B
| $1.75M | ﹤0.01% |
113,777
-28,564
| -20% | -$462K |
|
4228
Nu Skin
NUS
$234M
| $1.75M | ﹤0.01% |
52,664
-21,643
| -29% | -$797K |
|
4229
CALL
NovoCure
NVCR
$1.97B
| $1.75M | ﹤0.01% |
42,100
-57,900
| -58% | -$3.6M |
|
4230
DXP Enterprises
DXPE
$3.12B
| $1.75M | ﹤0.01% |
47,957
+25,183
| +111% | +$760K |
|
|
BKN
4231
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $1.74M | ﹤0.01% |
149,988
-4,143
| -3% | -$47.7K |
|
4232
Barron's 400 ETF
BFOR
$239M
| $1.74M | ﹤0.01% |
121,720
-4,432
| -4% | -$59.8K |
|
|
ACRE
4233
Ares Commercial Real Estate
ACRE
$262M
| $1.74M | ﹤0.01% |
171,394
-72,538
| -30% | -$662K |
|
4234
Turning Point Brands
TPB
$1.75B
| $1.74M | ﹤0.01% |
72,359
+24,432
| +51% | +$549K |
|
4235
PUT
BridgeBio Pharma
BBIO
$15.6B
| $1.74M | ﹤0.01% |
+101,000
| New | +$1.52M |
|
|
ETRN
4236
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $1.74M | ﹤0.01% |
181,595
-2,211,322
| -92% | -$14.8M |
|
|
UNIT
4237
Uniti Group
UNIT
$2.43B
| $1.74M | ﹤0.01% |
375,715
-4,545
| -1% | -$17.1K |
|
4238
iShares MSCI India Small-Cap ETF
SMIN
$771M
| $1.74M | ﹤0.01% |
29,864
+2,579
| +9% | +$139K |
|
4239
Fresenius Medical Care
FMS
$12.7B
| $1.73M | ﹤0.01% |
72,463
+3,538
| +5% | +$81.1K |
|
4240
Cogent Biosciences
COGT
$6.58B
| $1.73M | ﹤0.01% |
146,158
-227,747
| -61% | -$2.61M |
|
|
PLL
4241
DELISTED
Piedmont Lithium
PLL
| $1.73M | ﹤0.01% |
29,955
-42,698
| -59% | -$2.44M |
|
4242
OFG Bancorp
OFG
$2.28B
| $1.73M | ﹤0.01% |
66,214
-10,217
| -13% | -$256K |
|
4243
CALL
Marriott International
MAR
$93B
| $1.73M | ﹤0.01% |
9,400
-122,500
| -93% | -$21.3M |
|
4244
Cognyte Software
CGNT
$674M
| $1.73M | ﹤0.01% |
283,503
+48,403
| +21% | +$225K |
|
4245
Recursion Pharmaceuticals
RXRX
$1.69B
| $1.72M | ﹤0.01% |
230,718
-326,292
| -59% | -$2.28M |
|
4246
State Street SPDR US Small Cap Low Volatility Index ETF
SMLV
$263M
| $1.72M | ﹤0.01% |
16,633
-1,726
| -9% | -$176K |
|
4247
Organogenesis Holdings
ORGO
$230M
| $1.72M | ﹤0.01% |
517,371
+451,990
| +691% | +$1.34M |
|
4248
Erasca
ERAS
$6.43B
| $1.71M | ﹤0.01% |
620,132
-2,356,385
| -79% | -$6.71M |
|
4249
CALL
Digital Realty Trust
DLR
$74.1B
| $1.71M | ﹤0.01% |
+15,000
| New | +$1.48M |
|
4250
PUT
MarineMax
HZO
$1.15B
| $1.71M | ﹤0.01% |
+50,000
| New | +$1.47M |
|
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.