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 | |
|---|---|---|---|---|---|---|
4501
Invesco International BuyBack Achievers ETF
IPKW
$554M
| $1.24M | ﹤0.01% |
35,972
-2,397
| -6% | -$82.1K |
|
|
FBRT
4502
Franklin BSP Realty Trust
FBRT
$670M
| $1.24M | ﹤0.01% |
87,754
-44,365
| -34% | -$585K |
|
4503
ProShares Pet Care ETF
PAWZ
$33.8M
| $1.24M | ﹤0.01% |
24,457
-646
| -3% | -$32.7K |
|
4504
VanEck Low Carbon Energy ETF
SMOG
$135M
| $1.24M | ﹤0.01% |
10,158
-170
| -2% | -$20.1K |
|
|
JPT
4505
DELISTED
Nuveen Preferred and Income Fund
JPT
| $1.24M | ﹤0.01% |
76,708
+4,107
| +6% | +$65.4K |
|
|
SP
4506
DELISTED
SP Plus Corporation
SP
| $1.23M | ﹤0.01% |
31,489
-6,368
| -17% | -$229K |
|
4507
DHT Holdings
DHT
$3.15B
| $1.23M | ﹤0.01% |
144,225
-28,749
| -17% | -$252K |
|
4508
CoreCivic
CXW
$3.25B
| $1.23M | ﹤0.01% |
130,686
-41,085
| -24% | -$373K |
|
4509
Vitesse Energy
VTS
$683M
| $1.23M | ﹤0.01% |
54,782
+11,918
| +28% | +$249K |
|
4510
PMV Pharmaceuticals
PMVP
$67.2M
| $1.23M | ﹤0.01% |
195,917
-735,781
| -79% | -$3.86M |
|
4511
PUT
International Flavors & Fragrances
IFF
$21.5B
| $1.23M | ﹤0.01% |
15,400
-159,600
| -91% | -$13.7M |
|
|
CVGW
4512
DELISTED
Calavo Growers
CVGW
| $1.23M | ﹤0.01% |
42,225
-10,413
| -20% | -$323K |
|
4513
PUT
Vanguard S&P 500 ETF
VOO
$1.04T
| $1.22M | ﹤0.01% |
3,000
| – | – |
|
4514
Avita Medical
RCEL
$243M
| $1.22M | ﹤0.01% |
71,822
+34,736
| +94% | +$510K |
|
|
OLK
4515
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $1.22M | ﹤0.01% |
65,047
-942
| -1% | -$19.5K |
|
|
KMF
4516
DELISTED
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
| $1.22M | ﹤0.01% |
171,698
-52,235
| -23% | -$377K |
|
4517
Televisa
TV
$1.53B
| $1.22M | ﹤0.01% |
237,106
-107,415
| -31% | -$540K |
|
4518
Sinclair Inc
SBGI
$1.07B
| $1.21M | ﹤0.01% |
87,848
+38,247
| +77% | +$632K |
|
4519
Invesco 0-5 Yr US TIPS ETF
PBTP
$116M
| $1.21M | ﹤0.01% |
49,476
-2,993
| -6% | -$74.4K |
|
4520
iShares US Small Cap Value Factor ETF
SVAL
$212M
| $1.21M | ﹤0.01% |
45,242
-365,858
| -89% | -$9.4M |
|
4521
ALPS O'Shares Global Internet Giants ETF
OGIG
$113M
| $1.21M | ﹤0.01% |
37,711
-5,867
| -13% | -$173K |
|
4522
First Trust DorseyWright DALI 1 ETF
DALI
$102M
| $1.21M | ﹤0.01% |
46,614
-7,149
| -13% | -$183K |
|
4523
iShares MSCI Israel ETF
EIS
$910M
| $1.2M | ﹤0.01% |
22,478
-41,479
| -65% | -$2.24M |
|
4524
Horizon Bancorp
HBNC
$1.06B
| $1.2M | ﹤0.01% |
115,638
-90,420
| -44% | -$898K |
|
4525
PUT
iShares Core S&P 500 ETF
IVV
$908B
| $1.2M | ﹤0.01% |
+2,700
| New | +$1.14M |
|
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.