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 | |
|---|---|---|---|---|---|---|
4551
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$309M
| $1.17M | ﹤0.01% |
65,059
-650,302
| -91% | -$11.3M |
|
|
MAG
4552
DELISTED
MAG Silver
MAG
| $1.17M | ﹤0.01% |
104,861
-129,707
| -55% | -$1.61M |
|
4553
United Natural Foods
UNFI
$2.93B
| $1.17M | ﹤0.01% |
59,734
-17,943
| -23% | -$451K |
|
4554
FlexShares International Quality Dividend Index Fund
IQDF
$1.17B
| $1.17M | ﹤0.01% |
52,672
-7,948
| -13% | -$178K |
|
4555
Adeia
ADEA
$3.29B
| $1.16M | ﹤0.01% |
105,716
-56,174
| -35% | -$513K |
|
4556
REX American Resources
REX
$1.47B
| $1.16M | ﹤0.01% |
66,864
+1,908
| +3% | +$29.5K |
|
|
ASET
4557
DELISTED
FlexShares Real Assets Allocation Index Fund
ASET
| $1.16M | ﹤0.01% |
38,939
-3,608
| -8% | -$109K |
|
|
UHT
4558
Universal Health Realty Income Trust
UHT
$574M
| $1.16M | ﹤0.01% |
24,409
-9,557
| -28% | -$439K |
|
4559
S&T Bancorp
STBA
$1.8B
| $1.16M | ﹤0.01% |
42,693
-13,018
| -23% | -$366K |
|
4560
Powell Industries
POWL
$7.78B
| $1.16M | ﹤0.01% |
57,405
+17,901
| +45% | +$310K |
|
4561
Preferred Bank
PFBC
$1.28B
| $1.15M | ﹤0.01% |
20,997
-3,242
| -13% | -$163K |
|
4562
National Beverage
FIZZ
$2.93B
| $1.15M | ﹤0.01% |
23,796
-36,131
| -60% | -$1.81M |
|
4563
Invesco S&P SmallCap High Dividend Low Volatility ETF
XSHD
$73.3M
| $1.15M | ﹤0.01% |
71,124
+9,057
| +15% | +$144K |
|
|
RERE
4564
ATRenew
RERE
$1.01B
| $1.15M | ﹤0.01% |
393,283
+121,844
| +45% | +$336K |
|
4565
Usana Health Sciences
USNA
$247M
| $1.15M | ﹤0.01% |
18,199
-5,026
| -22% | -$320K |
|
|
NEXN
4566
Nexxen International
NEXN
$583M
| $1.14M | ﹤0.01% |
158,654
+8,499
| +6% | +$52.2K |
|
|
OLO
4567
DELISTED
Olo Inc
OLO
| $1.14M | ﹤0.01% |
176,815
-31,855
| -15% | -$229K |
|
|
PLMJ
4568
DELISTED
Plum Acquisition Corp. III Class A Ordinary Shares
PLMJ
| $1.14M | ﹤0.01% |
110,000
| – | – |
|
4569
Titan Machinery
TITN
$429M
| $1.14M | ﹤0.01% |
38,676
-4,150
| -10% | -$125K |
|
|
OPPJ
4570
WisdomTree Trust WisdomTree Japan Opportunities Fund
OPPJ
$287M
| $1.14M | ﹤0.01% |
42,732
+7,312
| +21% | +$184K |
|
|
CHS
4571
DELISTED
Chicos FAS, Inc.
CHS
| $1.14M | ﹤0.01% |
212,868
+21,581
| +11% | +$113K |
|
4572
ATS Corp
ATS
$1.99B
| $1.14M | ﹤0.01% |
+24,707
| New | +$1.11M |
|
4573
Prospect Capital
PSEC
$1.15B
| $1.14M | ﹤0.01% |
183,366
+84,676
| +86% | +$545K |
|
|
EOD
4574
Allspring Global Dividend Opportunity Fund
EOD
$289M
| $1.13M | ﹤0.01% |
260,338
+63,773
| +32% | +$272K |
|
4575
Natural Resource Partners
NRP
$1.39B
| $1.13M | ﹤0.01% |
21,427
+2,154
| +11% | +$108K |
|
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.