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 | |
|---|---|---|---|---|---|---|
4326
AZZ Inc
AZZ
$4.55B
| $1.55M | ﹤0.01% |
35,671
-9,288
| -21% | -$357K |
|
4327
Gulfport Energy Corp
GPOR
$3.01B
| $1.55M | ﹤0.01% |
14,753
-69,471
| -82% | -$6.44M |
|
4328
PUT
Allstate
ALL
$66.1B
| $1.55M | ﹤0.01% |
14,200
+500
| +4% | +$56.7K |
|
4329
Acadia Realty Trust
AKR
$2.86B
| $1.55M | ﹤0.01% |
107,490
-26,756
| -20% | -$361K |
|
4330
Schwab US REIT ETF
SCHH
$11.4B
| $1.55M | ﹤0.01% |
79,154
-10,265
| -11% | -$197K |
|
4331
PUT
Southern Company
SO
$107B
| $1.55M | ﹤0.01% |
22,000
+2,000
| +10% | +$143K |
|
|
FMN
4332
Federated Hermes Premier Municipal Income Fund
FMN
$87.5M
| $1.55M | ﹤0.01% |
145,344
+1,807
| +1% | +$19.2K |
|
4333
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3.05B
| $1.54M | ﹤0.01% |
29,481
+2,055
| +7% | +$107K |
|
4334
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.58B
| $1.54M | ﹤0.01% |
34,382
+18,660
| +119% | +$807K |
|
4335
DNOW Inc
DNOW
$2.97B
| $1.54M | ﹤0.01% |
148,989
-16,008
| -10% | -$161K |
|
4336
Safety Insurance
SAFT
$1.52B
| $1.54M | ﹤0.01% |
21,521
+3,167
| +17% | +$232K |
|
|
ACH
4337
Accendra Health
ACH
$73.1M
| $1.54M | ﹤0.01% |
80,955
-221,892
| -73% | -$3.96M |
|
4338
CALL
Colgate-Palmolive
CL
$73.3B
| $1.54M | ﹤0.01% |
20,000
| – | – |
|
|
4339
PUT
Colgate-Palmolive
CL
$73.3B
| $1.54M | ﹤0.01% |
20,000
| – | – |
|
4340
Invesco BulletShares 2026 Municipal Bond ETF
BSMQ
$271M
| $1.54M | ﹤0.01% |
65,383
-326
| -0.5% | -$7.69K |
|
|
UCTT
4341
Ultra Clean Holdings
UCTT
$3.85B
| $1.54M | ﹤0.01% |
39,965
-6,882
| -15% | -$221K |
|
|
ITOS
4342
DELISTED
iTeos Therapeutics
ITOS
| $1.53M | ﹤0.01% |
115,864
-41,766
| -26% | -$596K |
|
4343
Heartland Express
HTLD
$989M
| $1.53M | ﹤0.01% |
93,374
-17,261
| -16% | -$269K |
|
|
AMPS
4344
DELISTED
Altus Power
AMPS
| $1.53M | ﹤0.01% |
283,468
-184,168
| -39% | -$909K |
|
4345
National Healthcare
NHC
$3.5B
| $1.53M | ﹤0.01% |
24,736
-4,606
| -16% | -$273K |
|
4346
CALL
Texas Roadhouse
TXRH
$13.6B
| $1.53M | ﹤0.01% |
+13,600
| New | +$1.5M |
|
|
TEI
4347
Templeton Emerging Markets Income Fund
TEI
$320M
| $1.52M | ﹤0.01% |
296,023
+39,852
| +16% | +$201K |
|
|
HES
4348
PUT
DELISTED
Hess
HES
| $1.52M | ﹤0.01% |
11,200
| – | – |
|
4349
IQ Candriam US Large Cap Equity ETF
IQSU
$342M
| $1.52M | ﹤0.01% |
39,170
-238
| -0.6% | -$8.64K |
|
|
TSVT
4350
DELISTED
2seventy bio
TSVT
| $1.52M | ﹤0.01% |
150,027
-249,909
| -62% | -$2.65M |
|
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.