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 | |
|---|---|---|---|---|---|---|
4651
SFL Corp
SFL
$1.64B
| $1.03M | ﹤0.01% |
109,928
-27,113
| -20% | -$245K |
|
4652
Dimensional National Municipal Bond ETF
DFNM
$2.26B
| $1.02M | ﹤0.01% |
21,509
+8,647
| +67% | +$414K |
|
4653
Rackspace Technology
RXT
$1.07B
| $1.02M | ﹤0.01% |
375,317
-82,095
| -18% | -$135K |
|
|
AMLI
4654
DELISTED
American Lithium Corp. Common Stock
AMLI
| $1.02M | ﹤0.01% |
507,465
-106,711
| -17% | -$224K |
|
4655
Astrana Health
ASTH
$2.02B
| $1.02M | ﹤0.01% |
32,213
+8,392
| +35% | +$288K |
|
4656
CALL
Royal Caribbean
RCL
$81.6B
| $1.02M | ﹤0.01% |
9,800
+9,200
| +1,533% | +$721K |
|
4657
PUT
Dine Brands
DIN
$447M
| $1.02M | ﹤0.01% |
+17,500
| New | +$1.12M |
|
4658
Gran Tierra Energy
GTE
$325M
| $1.01M | ﹤0.01% |
206,358
-4,313
| -2% | -$28.5K |
|
4659
Cars.com
CARS
$663M
| $1.01M | ﹤0.01% |
51,089
-46,098
| -47% | -$867K |
|
4660
Pearson
PSO
$9.72B
| $1.01M | ﹤0.01% |
96,376
-148,218
| -61% | -$1.53M |
|
|
EVBG
4661
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $1.01M | ﹤0.01% |
37,523
-62,713
| -63% | -$1.69M |
|
4662
MacroGenics
MGNX
$269M
| $1.01M | ﹤0.01% |
188,075
+8,203
| +5% | +$50.6K |
|
4663
AngioDynamics
ANGO
$655M
| $1.01M | ﹤0.01% |
96,376
+9,997
| +12% | +$96.2K |
|
|
MUE
4664
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $1M | ﹤0.01% |
103,212
-765
| -0.7% | -$7.46K |
|
|
OSG
4665
Octave Specialty Group
OSG
$221M
| $1M | ﹤0.01% |
70,340
-20,019
| -22% | -$293K |
|
4666
SelectQuote
SLQT
$129M
| $1,000K | ﹤0.01% |
512,658
-19,444
| -4% | -$32.7K |
|
4667
Xperi
XPER
$329M
| $999K | ﹤0.01% |
75,942
+5,542
| +8% | +$60.1K |
|
4668
Madison Square Garden
MSGE
$4.04B
| $994K | ﹤0.01% |
+29,574
| New | +$1.01M |
|
4669
Invesco BulletShares 2031 Municipal Bond ETF
BSMV
$188M
| $993K | ﹤0.01% |
46,955
+8,799
| +23% | +$187K |
|
|
MRSN
4670
DELISTED
Mersana Therapeutics
MRSN
| $992K | ﹤0.01% |
12,060
-28,575
| -70% | -$4.18M |
|
4671
First Trust Dow Jones Select MicroCap Index Fund
FDM
$273M
| $989K | ﹤0.01% |
17,580
+1,500
| +9% | +$79.8K |
|
|
TPC
4672
Tutor Perini Cor
TPC
$5.09B
| $988K | ﹤0.01% |
138,245
-23,844
| -15% | -$142K |
|
4673
Invesco S&P MidCap 400 GARP ETF
GRPM
$509M
| $987K | ﹤0.01% |
10,847
-1,441
| -12% | -$125K |
|
4674
Invesco Zacks Mid-Cap ETF
CZA
$193M
| $983K | ﹤0.01% |
11,020
-3,971
| -26% | -$342K |
|
4675
Aspen Aerogels
ASPN
$485M
| $983K | ﹤0.01% |
124,617
+15,373
| +14% | +$107K |
|
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.