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 | |
|---|---|---|---|---|---|---|
|
BELFB
4826
Bel Fuse Inc Class B
BELFB
$4.19B
| $797K | ﹤0.01% |
13,889
+2,074
| +18% | +$94.9K |
|
4827
Consolidated Water Co
CWCO
$500M
| $791K | ﹤0.01% |
32,625
+14,621
| +81% | +$283K |
|
4828
Global X MSCI China Consumer Discretionary ETF
CHIQ
$120M
| $788K | ﹤0.01% |
43,700
-31,450
| -42% | -$578K |
|
4829
Genesco
GCO
$391M
| $788K | ﹤0.01% |
31,478
+2,783
| +10% | +$80.6K |
|
4830
Yext
YEXT
$594M
| $788K | ﹤0.01% |
69,679
-76,125
| -52% | -$724K |
|
4831
iShares Currency Hedged MSCI ACWI ex US ETF
HAWX
$357M
| $787K | ﹤0.01% |
27,656
+14,309
| +107% | +$400K |
|
4832
iShares MSCI China A ETF
CNYA
$206M
| $782K | ﹤0.01% |
26,815
-52,234
| -66% | -$1.62M |
|
|
NPKI
4833
NPK International
NPKI
$1.21B
| $781K | ﹤0.01% |
149,316
+4,029
| +3% | +$16.7K |
|
4834
ProShares UltraShort Bloomberg Natural Gas
KOLD
$105M
| $780K | ﹤0.01% |
28,140
-94,106
| -77% | -$3.4M |
|
4835
iShares MSCI South Africa ETF
EZA
$560M
| $778K | ﹤0.01% |
19,546
-5,677
| -23% | -$232K |
|
4836
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.27B
| $777K | ﹤0.01% |
4,612
+2,400
| +108% | +$382K |
|
4837
Asana
ASAN
$2.11B
| $777K | ﹤0.01% |
35,242
-172,111
| -83% | -$3.45M |
|
4838
Haverty Furniture Companies
HVT
$449M
| $776K | ﹤0.01% |
25,694
-4,885
| -16% | -$140K |
|
|
KYNB
4839
CALL
Kyntra Bio
KYNB
$28.5M
| $776K | ﹤0.01% |
+11,492
| New | +$4.75M |
|
|
SEMR
4840
DELISTED
Semrush
SEMR
| $775K | ﹤0.01% |
80,974
+47,203
| +140% | +$417K |
|
4841
Oil States International
OIS
$539M
| $773K | ﹤0.01% |
103,518
-969
| -0.9% | -$7.07K |
|
|
ZYXI
4842
DELISTED
Zynex
ZYXI
| $772K | ﹤0.01% |
80,453
+18,971
| +31% | +$197K |
|
4843
American Vanguard Corp
AVD
$62.5M
| $770K | ﹤0.01% |
43,116
+4,365
| +11% | +$80.7K |
|
4844
iShares ESG Screened S&P 500 ETF
XVV
$680M
| $770K | ﹤0.01% |
22,779
+17,682
| +347% | +$561K |
|
4845
Korea Electric Power
KEP
$15.1B
| $769K | ﹤0.01% |
99,192
-8,214
| -8% | -$59K |
|
|
AAN
4846
DELISTED
The Aaron's Company Inc
AAN
| $764K | ﹤0.01% |
54,023
-7,730
| -13% | -$95.6K |
|
4847
Fidelity MSCI Real Estate Index ETF
FREL
$1.49B
| $762K | ﹤0.01% |
30,376
-9,952
| -25% | -$244K |
|
4848
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$60.9M
| $761K | ﹤0.01% |
13,729
+252
| +2% | +$14K |
|
4849
Celestica
CLS
$42.3B
| $761K | ﹤0.01% |
52,464
-105,769
| -67% | -$1.31M |
|
4850
Davis Select US Equity ETF
DUSA
$1.28B
| $760K | ﹤0.01% |
23,704
+2,307
| +11% | +$68.8K |
|
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.