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 |
Vanguard Morningstar Value ETF
VTV
|
+$3.48B |
| 2 |
Schwab Short-Term US Treasury ETF
SCHO
|
+$2.49B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$2.36B |
| 4 |
Apple
AAPL
|
+$2.28B |
| 5 |
Amazon
AMZN
|
+$1.74B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$3.15B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$2.87B |
| 3 |
iShares MBS ETF
MBB
|
+$990M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$897M |
| 5 |
Chevron
CVX
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.41% |
| 2 | Healthcare | 6.97% |
| 3 | Financials | 6.77% |
| 4 | Consumer Discretionary | 5.53% |
| 5 | Industrials | 5.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Global Payments
GPN
$23.9B
| $370M | 0.04% |
3,518,268
+700,613
| +25% | +$75.9M |
|
427
Lennar Class A
LEN
$21B
| $367M | 0.04% |
3,608,932
+427,521
| +13% | +$41.3M |
|
428
United Rentals
URI
$69.5B
| $366M | 0.04% |
924,312
+13,212
| +1% | +$5.55M |
|
429
Yum China
YUMC
$16.3B
| $365M | 0.04% |
5,759,174
+1,008,866
| +21% | +$60.9M |
|
430
Canadian Pacific Kansas City
CP
$82.1B
| $365M | 0.04% |
4,740,627
+588,324
| +14% | +$45.4M |
|
431
Monolithic Power Systems
MPWR
$69.5B
| $361M | 0.04% |
721,842
+62,933
| +10% | +$28.9M |
|
432
Idexx Laboratories
IDXX
$44.4B
| $361M | 0.04% |
721,379
-19,438
| -3% | -$9.3M |
|
433
DexCom
DXCM
$34.4B
| $360M | 0.04% |
3,101,153
+116,233
| +4% | +$13M |
|
434
Vale
VALE
$58.9B
| $359M | 0.04% |
22,763,893
+8,334,786
| +58% | +$141M |
|
435
NewMarket
NEU
$8.64B
| $355M | 0.04% |
973,133
-3,860
| -0.4% | -$1.34M |
|
436
PUT
Deere & Co
DE
$165B
| $352M | 0.04% |
853,500
-52,100
| -6% | -$21.6M |
|
437
Labcorp
LH
$26.1B
| $348M | 0.04% |
1,767,591
-41,827
| -2% | -$8.61M |
|
438
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.2B
| $348M | 0.04% |
1,785,235
-29,394
| -2% | -$5.63M |
|
439
Digital Realty Trust
DLR
$73B
| $344M | 0.04% |
3,494,980
+15,485
| +0.4% | +$1.63M |
|
440
iShares S&P Small-Cap 600 Value ETF
IJS
$8.4B
| $344M | 0.04% |
3,670,491
-104,580
| -3% | -$10.2M |
|
441
HubSpot
HUBS
$10.6B
| $343M | 0.04% |
799,943
+526,370
| +192% | +$192M |
|
442
BioMarin Pharmaceuticals
BMRN
$13.4B
| $342M | 0.04% |
3,515,830
+2,370,416
| +207% | +$246M |
|
443
Cincinnati Financial
CINF
$26.4B
| $340M | 0.04% |
3,037,811
+42,128
| +1% | +$4.79M |
|
444
BCE
BCE
$21.5B
| $337M | 0.03% |
7,530,238
-98,966
| -1% | -$4.47M |
|
445
State Street SPDR S&P Regional Banking ETF
KRE
$4.65B
| $337M | 0.03% |
7,678,415
+2,972,988
| +63% | +$169M |
|
446
Alcon
ALC
$35.3B
| $336M | 0.03% |
4,758,984
+568,654
| +14% | +$40.5M |
|
447
CALL
VanEck Gold Miners ETF
GDX
$26.9B
| $336M | 0.03% |
10,374,500
+2,299,800
| +28% | +$69.6M |
|
448
Vanguard FTSE Pacific ETF
VPL
$8.67B
| $335M | 0.03% |
4,941,617
-202,662
| -4% | -$13.6M |
|
449
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.9B
| $335M | 0.03% |
10,405,200
+593,800
| +6% | +$20.6M |
|
450
iShares MSCI EAFE Value ETF
EFV
$30.1B
| $333M | 0.03% |
6,852,435
-1,644,041
| -19% | -$79.6M |
|
Similar funds
Bank of America's Q1 2023 Portfolio in Review
As of Q1 2023, Bank of America held 8,720 positions worth $974B, up 11% from $878B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Bank of America deployed $44.8B of net new capital in Q1 2023, opening 508 new positions and adding to 4,009 existing holdings. Its largest new stake was GE HealthCare: 1,546,972 shares worth $127M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 10% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $3.15B trimmed.
- Bank of America's largest Q1 2023 buy was GE HealthCare: 1,546,972 shares worth $127M.
- Bank of America added most to Vanguard Morningstar Value ETF in Q1 2023, an estimated $3.48B increase.
- Bank of America's biggest Q1 2023 reduction was iShares Core S&P 500 ETF, cutting an estimated $3.15B.
- Bank of America fully exited SVB Financial Group in Q1 2023, selling an estimated $121M.
- Bank of America's ten largest holdings make up 16% of its $974B portfolio in Q1 2023.
- Bank of America opened 508 new positions and closed 926 in Q1 2023.
- Bank of America's portfolio value rose 11% quarter-over-quarter to $974B.
Based on Bank of America's 13F filing for Q1 2023, filed 12 May 2023.