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 | |
|---|---|---|---|---|---|---|
|
VMEO
4476
DELISTED
Vimeo
VMEO
| $1.29M | ﹤0.01% |
313,968
-42,723
| -12% | -$162K |
|
4477
First Busey Corp
BUSE
$2.58B
| $1.29M | ﹤0.01% |
64,229
-12,404
| -16% | -$238K |
|
|
WCLD
4478
WisdomTree Cloud Computing Fund
WCLD
$311M
| $1.29M | ﹤0.01% |
40,641
-6,839
| -14% | -$199K |
|
|
PCF
4479
High Income Securities Fund
PCF
$102M
| $1.29M | ﹤0.01% |
198,762
+5,702
| +3% | +$36K |
|
4480
CI&T Inc
CINT
$469M
| $1.29M | ﹤0.01% |
205,166
-107,194
| -34% | -$518K |
|
|
IRBT
4481
DELISTED
iRobot
IRBT
| $1.28M | ﹤0.01% |
28,380
-49,787
| -64% | -$1.99M |
|
4482
Middlesex Water
MSEX
$1.11B
| $1.28M | ﹤0.01% |
15,920
-7,722
| -33% | -$604K |
|
|
BLDP
4483
Ballard Power Systems
BLDP
$814M
| $1.28M | ﹤0.01% |
294,196
-249,495
| -46% | -$1.14M |
|
4484
Ubiquiti
UI
$34.7B
| $1.28M | ﹤0.01% |
7,258
-8,751
| -55% | -$1.77M |
|
4485
Covenant Logistics
CVLG
$886M
| $1.27M | ﹤0.01% |
58,178
+10,368
| +22% | +$200K |
|
4486
NerdWallet
NRDS
$629M
| $1.27M | ﹤0.01% |
135,365
-20,712
| -13% | -$234K |
|
4487
VanEck Natural Resources ETF
HAP
$309M
| $1.27M | ﹤0.01% |
26,376
+23,315
| +762% | +$1.13M |
|
4488
Byline Bancorp
BY
$1.78B
| $1.27M | ﹤0.01% |
70,237
+8,169
| +13% | +$154K |
|
4489
Avantis US Large Cap Value ETF
AVLV
$18.5B
| $1.27M | ﹤0.01% |
23,814
-5,424
| -19% | -$277K |
|
|
HQL
4490
abrdn Life Sciences Investors
HQL
$642M
| $1.27M | ﹤0.01% |
93,702
+189
| +0.2% | +$2.61K |
|
4491
Astec Industries
ASTE
$997M
| $1.27M | ﹤0.01% |
27,857
-3,206
| -10% | -$132K |
|
|
DX
4492
Dynex Capital
DX
$3.24B
| $1.26M | ﹤0.01% |
100,078
-10,996
| -10% | -$129K |
|
4493
Methode Electronics
MEI
$608M
| $1.25M | ﹤0.01% |
37,438
-6,150
| -14% | -$251K |
|
4494
Teekay Tankers
TNK
$2.95B
| $1.25M | ﹤0.01% |
32,793
+6,167
| +23% | +$240K |
|
|
LGF.B
4495
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $1.25M | ﹤0.01% |
150,117
-69,192
| -32% | -$681K |
|
|
AVID
4496
DELISTED
Avid Technology Inc
AVID
| $1.25M | ﹤0.01% |
49,131
-44,720
| -48% | -$1.16M |
|
4497
Remitly
RELY
$5.54B
| $1.25M | ﹤0.01% |
66,437
-60,771
| -48% | -$1.1M |
|
4498
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
PDN
$369M
| $1.25M | ﹤0.01% |
40,566
-534
| -1% | -$16.7K |
|
4499
PUT
Sarepta Therapeutics
SRPT
$1.91B
| $1.25M | ﹤0.01% |
10,900
-71,300
| -87% | -$9.19M |
|
4500
Ducommun
DCO
$3.13B
| $1.24M | ﹤0.01% |
28,570
-7,256
| -20% | -$342K |
|
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.