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 | |
|---|---|---|---|---|---|---|
4876
Sasol
SSL
$7.39B
| $727K | ﹤0.01% |
58,723
-19,949
| -25% | -$257K |
|
|
BZUN
4877
Baozun
BZUN
$165M
| $727K | ﹤0.01% |
182,089
-57,334
| -24% | -$257K |
|
4878
JPMorgan US Momentum Factor ETF
JMOM
$2.64B
| $726K | ﹤0.01% |
17,131
-909
| -5% | -$36.4K |
|
4879
NewtekOne
NEWT
$376M
| $724K | ﹤0.01% |
45,559
+9,585
| +27% | +$126K |
|
|
NBH
4880
Neuberger Municipal Fund Inc
NBH
$306M
| $724K | ﹤0.01% |
70,400
-2,105
| -3% | -$21.8K |
|
4881
Navitas Semiconductor
NVTS
$3.77B
| $723K | ﹤0.01% |
68,643
-166,563
| -71% | -$1.29M |
|
4882
Armata Pharmaceuticals
ARMP
$170M
| $723K | ﹤0.01% |
634,444
| – | – |
|
4883
Old Second Bancorp
OSBC
$1.32B
| $722K | ﹤0.01% |
55,315
+6,852
| +14% | +$87.2K |
|
4884
Coherus Oncology
CHRS
$185M
| $722K | ﹤0.01% |
169,175
-398,199
| -70% | -$2.35M |
|
4885
Tiptree Inc
TIPT
$672M
| $722K | ﹤0.01% |
48,069
+26,374
| +122% | +$367K |
|
4886
Fidelity MSCI Materials Index ETF
FMAT
$614M
| $721K | ﹤0.01% |
15,455
+308
| +2% | +$13.8K |
|
|
CD
4887
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $721K | ﹤0.01% |
100,647
-173,840
| -63% | -$1.11M |
|
4888
FlexShares Quality Dividend Defensive Index Fund
QDEF
$562M
| $721K | ﹤0.01% |
12,891
-14,702
| -53% | -$793K |
|
|
VTRU
4889
DELISTED
Vitru Limited Common Shares
VTRU
| $721K | ﹤0.01% |
44,950
-21,794
| -33% | -$348K |
|
|
EVM
4890
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $720K | ﹤0.01% |
80,931
+5,312
| +7% | +$47.1K |
|
|
STER
4891
DELISTED
Sterling Check Corp. Common Stock
STER
| $719K | ﹤0.01% |
58,660
+1,625
| +3% | +$19.5K |
|
4892
PUT
CRISPR Therapeutics
CRSP
$5.18B
| $719K | ﹤0.01% |
+12,800
| New | +$726K |
|
4893
V2X
VVX
$2.6B
| $718K | ﹤0.01% |
14,496
+1,543
| +12% | +$67.3K |
|
4894
LG Display
LPL
$3.5B
| $717K | ﹤0.01% |
118,393
-3,233
| -3% | -$19.7K |
|
4895
Westwood Holdings Group
WHG
$186M
| $715K | ﹤0.01% |
57,669
-344
| -0.6% | -$4.21K |
|
4896
Monarch Casino & Resort
MCRI
$2.22B
| $715K | ﹤0.01% |
10,149
-10,811
| -52% | -$754K |
|
|
AVTA
4897
DELISTED
Avantax, Inc. Common Stock
AVTA
| $713K | ﹤0.01% |
31,875
-21,334
| -40% | -$502K |
|
4898
Global X MSCI Argentina ETF
ARGT
$808M
| $713K | ﹤0.01% |
15,581
+3,345
| +27% | +$138K |
|
4899
Financial Institutions
FISI
$823M
| $712K | ﹤0.01% |
45,255
+5,592
| +14% | +$94.6K |
|
4900
EverCommerce
EVCM
$1.8B
| $710K | ﹤0.01% |
60,001
-27,749
| -32% | -$324K |
|
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.