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 | |
|---|---|---|---|---|---|---|
4701
CALL
SonicShares Global Shipping ETF
BOAT
$87M
| $950K | ﹤0.01% |
+36,400
| New | +$1.05M |
|
|
AIV
4702
Aimco
AIV
$383M
| $950K | ﹤0.01% |
111,447
-34,944
| -24% | -$284K |
|
4703
American Century Focused Dynamic Growth ETF
FDG
$429M
| $947K | ﹤0.01% |
14,418
+8,185
| +131% | +$495K |
|
4704
VanEck International High Yield Bond ETF
IHY
$43.4M
| $946K | ﹤0.01% |
47,255
-301,514
| -86% | -$6.01M |
|
4705
Metropolitan Bank Holding Corp
MCB
$1.17B
| $943K | ﹤0.01% |
27,145
+14,216
| +110% | +$428K |
|
4706
Rocket Companies
RKT
$41.8B
| $942K | ﹤0.01% |
105,090
-65,497
| -38% | -$570K |
|
4707
PUT
BigBear.ai
BBAI
$1.57B
| $940K | ﹤0.01% |
+400,000
| New | +$1.01M |
|
4708
El Pollo Loco
LOCO
$473M
| $939K | ﹤0.01% |
107,102
+43,002
| +67% | +$403K |
|
4709
Forum Energy Technologies
FET
$960M
| $939K | ﹤0.01% |
36,699
+12,502
| +52% | +$296K |
|
|
CHCT
4710
Community Healthcare Trust
CHCT
$432M
| $937K | ﹤0.01% |
28,390
-58,614
| -67% | -$2.04M |
|
|
MMU
4711
Western Asset Managed Municipals Fund
MMU
$558M
| $937K | ﹤0.01% |
94,392
-11,084
| -11% | -$111K |
|
|
TTSH
4712
DELISTED
Tile Shop Holdings
TTSH
| $937K | ﹤0.01% |
169,123
-3,879
| -2% | -$19K |
|
4713
Beyond Air
XAIR
$5.61M
| $937K | ﹤0.01% |
550
+63
| +13% | +$144K |
|
|
TRHC
4714
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $936K | ﹤0.01% |
113,492
-601
| -0.5% | -$3.6K |
|
|
QDYN
4715
DELISTED
FlexShares Quality Dividend Dynamic Index Fund
QDYN
| $935K | ﹤0.01% |
15,308
+17
| +0.1% | +$996 |
|
|
JHI
4716
John Hancock Investors Trust
JHI
$118M
| $932K | ﹤0.01% |
73,755
+4,070
| +6% | +$51.4K |
|
4717
Third Coast Bancshares
TCBX
$768M
| $931K | ﹤0.01% |
58,695
+29,602
| +102% | +$459K |
|
|
TBRG
4718
DELISTED
TruBridge
TBRG
| $931K | ﹤0.01% |
37,710
+4,568
| +14% | +$119K |
|
4719
Forrester Research
FORR
$217M
| $930K | ﹤0.01% |
31,975
+5,931
| +23% | +$176K |
|
4720
Trustmark
TRMK
$2.8B
| $929K | ﹤0.01% |
43,999
-18,063
| -29% | -$407K |
|
4721
Designer Brands
DBI
$299M
| $929K | ﹤0.01% |
91,945
-299,422
| -77% | -$2.47M |
|
|
OPTU
4722
Optimum Communications Inc
OPTU
$251M
| $926K | ﹤0.01% |
306,696
-9,758,048
| -97% | -$27.7M |
|
|
MPT
4723
CALL
Medical Properties Trust
MPT
$2.5B
| $926K | ﹤0.01% |
+100,000
| New | +$846K |
|
4724
Domo
DOMO
$184M
| $924K | ﹤0.01% |
63,034
-78,400
| -55% | -$1.16M |
|
|
SNBR
4725
DELISTED
Sleep Number
SNBR
| $921K | ﹤0.01% |
33,766
-18,606
| -36% | -$425K |
|
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.