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 | |
|---|---|---|---|---|---|---|
|
LBAI
4726
DELISTED
Lakeland Bancorp Inc
LBAI
| $921K | ﹤0.01% |
68,774
-33,296
| -33% | -$465K |
|
4727
Red Robin
RRGB
$192M
| $919K | ﹤0.01% |
66,476
+5,184
| +8% | +$69.6K |
|
|
BRW
4728
Saba Capital Income & Opportunities Fund
BRW
$334M
| $919K | ﹤0.01% |
119,342
-11,536
| -9% | -$91.6K |
|
4729
CALL
LyondellBasell Industries
LYB
$20.6B
| $918K | ﹤0.01% |
10,000
| – | – |
|
|
4730
PUT
LyondellBasell Industries
LYB
$20.6B
| $918K | ﹤0.01% |
10,000
| – | – |
|
|
PCN
4731
PIMCO Corporate & Income Strategy Fund
PCN
$879M
| $918K | ﹤0.01% |
70,035
+2,777
| +4% | +$35.4K |
|
|
HAPN
4732
Happen Inc
HAPN
$2.26B
| $915K | ﹤0.01% |
93,886
-10,817
| -10% | -$86.9K |
|
4733
Interface
TILE
$2.19B
| $915K | ﹤0.01% |
104,120
-1,829
| -2% | -$14K |
|
4734
CALL
DuPont de Nemours
DD
$19.8B
| $914K | ﹤0.01% |
10,197
-118,704
| -92% | -$10.2M |
|
|
AVNS
4735
DELISTED
Avanos Medical
AVNS
| $914K | ﹤0.01% |
35,765
-48,979
| -58% | -$1.29M |
|
4736
Shenandoah Telecom
SHEN
$735M
| $914K | ﹤0.01% |
47,017
-13,636
| -22% | -$267K |
|
4737
Stabilis Solutions
SLNG
$121M
| $913K | ﹤0.01% |
181,466
| – | – |
|
|
DMF
4738
DELISTED
BNY Mellon Municipal Income
DMF
| $912K | ﹤0.01% |
145,053
+22,108
| +18% | +$139K |
|
4739
SiriusPoint
SPNT
$2.76B
| $912K | ﹤0.01% |
100,985
-101,279
| -50% | -$926K |
|
4740
Lindblad Expeditions
LIND
$2.2B
| $911K | ﹤0.01% |
83,743
-7,494
| -8% | -$77K |
|
4741
Employers Holdings
EIG
$875M
| $910K | ﹤0.01% |
24,332
-6,304
| -21% | -$247K |
|
4742
USA Compression Partners
USAC
$3.86B
| $907K | ﹤0.01% |
45,968
-24,235
| -35% | -$487K |
|
4743
iShares ESG Advanced MSCI EAFE ETF
DMXF
$972M
| $907K | ﹤0.01% |
14,885
-1,641
| -10% | -$99.4K |
|
4744
PUT
Mastercard
MA
$499B
| $905K | ﹤0.01% |
2,300
+700
| +44% | +$263K |
|
4745
Calumet Specialty Products
CLMT
$4.19B
| $902K | ﹤0.01% |
56,866
+28,953
| +104% | +$477K |
|
4746
Franklin FTSE Germany ETF
FLGR
$39.5M
| $901K | ﹤0.01% |
40,606
| – | – |
|
4747
Repay Holdings
RPAY
$329M
| $900K | ﹤0.01% |
114,894
-31,028
| -21% | -$209K |
|
|
FEN
4748
DELISTED
First Trust Energy Income and Growth Fund
FEN
| $899K | ﹤0.01% |
64,567
-6,519
| -9% | -$84.3K |
|
4749
iShares Global Utilities ETF
JXI
$308M
| $899K | ﹤0.01% |
15,042
-3,655
| -20% | -$223K |
|
4750
Gerdau
GGB
$9.3B
| $897K | ﹤0.01% |
206,246
-5,903,027
| -97% | -$24.7M |
|
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.