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 | |
|---|---|---|---|---|---|---|
4301
VanEck Morningstar Global Wide Moat ETF
MOTG
$18.6M
| $1.6M | ﹤0.01% |
46,138
+36,338
| +371% | +$1.23M |
|
4302
CALL
Elastic
ESTC
$9.01B
| $1.6M | ﹤0.01% |
+25,000
| New | +$1.57M |
|
4303
8x8 Inc
EGHT
$300M
| $1.6M | ﹤0.01% |
378,850
-161,604
| -30% | -$582K |
|
4304
Purple Innovation
PRPL
$29.7M
| $1.6M | ﹤0.01% |
23,028
-35,357
| -61% | -$2.55M |
|
4305
CALL
Hecla Mining
HL
$12.3B
| $1.6M | ﹤0.01% |
310,000
| – | – |
|
|
ARDC
4306
Are Dynamic Credit Allocation Fund
ARDC
$299M
| $1.59M | ﹤0.01% |
129,261
+10,803
| +9% | +$130K |
|
4307
Hyster-Yale Materials Handling
HY
$618M
| $1.59M | ﹤0.01% |
28,519
-5,522
| -16% | -$282K |
|
|
STXF
4308
Strive 500 ETF
STXF
$1.17B
| $1.59M | ﹤0.01% |
56,140
+56,075
| +86,269% | +$1.5M |
|
4309
iShares JPMorgan EM Corporate Bond ETF
CEMB
$412M
| $1.58M | ﹤0.01% |
36,466
+3,619
| +11% | +$157K |
|
4310
Groupon
GRPN
$875M
| $1.58M | ﹤0.01% |
267,423
-32,140
| -11% | -$142K |
|
|
LEO
4311
BNY Mellon Strategic Municipals
LEO
$390M
| $1.58M | ﹤0.01% |
254,004
+26,474
| +12% | +$163K |
|
4312
Alkami Technology
ALKT
$2.21B
| $1.58M | ﹤0.01% |
96,181
+64,112
| +200% | +$885K |
|
4313
CALL
NXP Semiconductors
NXPI
$59.2B
| $1.58M | ﹤0.01% |
7,700
-59,200
| -88% | -$10.5M |
|
|
TGH
4314
CALL
DELISTED
Textainer Group Holdings limited
TGH
| $1.58M | ﹤0.01% |
40,000
| – | – |
|
4315
Davis Select Worldwide ETF
DWLD
$610M
| $1.58M | ﹤0.01% |
54,694
-29,920
| -35% | -$816K |
|
4316
Universal Corp
UVV
$1.11B
| $1.57M | ﹤0.01% |
31,511
-8,892
| -22% | -$467K |
|
4317
Invesco Trust for Investment Grade New York Municipals
VTN
$165M
| $1.57M | ﹤0.01% |
153,276
-7,184
| -4% | -$73K |
|
|
GHY
4318
PGIM Global High Yield Fund
GHY
$478M
| $1.57M | ﹤0.01% |
142,758
-6,990
| -5% | -$76.9K |
|
4319
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$94.9M
| $1.57M | ﹤0.01% |
39,594
-1,765
| -4% | -$70.1K |
|
4320
CALL
Humana
HUM
$46.7B
| $1.56M | ﹤0.01% |
3,500
-37,300
| -91% | -$18.8M |
|
4321
Sprinklr
CXM
$1.61B
| $1.56M | ﹤0.01% |
113,034
+9,763
| +9% | +$126K |
|
4322
Frontier Group Holdings
ULCC
$1.54B
| $1.56M | ﹤0.01% |
161,382
+93,574
| +138% | +$840K |
|
4323
PureCycle Technologies
PCT
$1.4B
| $1.56M | ﹤0.01% |
145,908
-79,924
| -35% | -$579K |
|
4324
Lyell Immunopharma
LYEL
$342M
| $1.56M | ﹤0.01% |
24,511
-12,429
| -34% | -$688K |
|
4325
Fidelity MSCI Communication Services Index ETF
FCOM
$1.8B
| $1.55M | ﹤0.01% |
38,531
+129
| +0.3% | +$4.9K |
|
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.