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 | |
|---|---|---|---|---|---|---|
4901
Rani Therapeutics
RANI
$89.5M
| $710K | ﹤0.01% |
172,290
+158,839
| +1,181% | +$737K |
|
4902
Gevo
GEVO
$418M
| $710K | ﹤0.01% |
466,850
-34,693
| -7% | -$44.8K |
|
|
HKD
4903
AMTD Digital
HKD
$556M
| $709K | ﹤0.01% |
109,891
+80,016
| +268% | +$538K |
|
4904
Braze
BRZE
$3.26B
| $708K | ﹤0.01% |
16,178
-63,701
| -80% | -$2.16M |
|
4905
Greenlight Captial
GLRE
$514M
| $708K | ﹤0.01% |
67,203
-12,320
| -15% | -$122K |
|
4906
SmartRent
SMRT
$286M
| $706K | ﹤0.01% |
184,295
+74,890
| +68% | +$229K |
|
4907
The RMR Group
RMR
$346M
| $705K | ﹤0.01% |
30,438
+2,435
| +9% | +$56.9K |
|
4908
PUT
Wheaton Precious Metals
WPM
$61B
| $704K | ﹤0.01% |
+16,300
| New | +$775K |
|
4909
Liberty Latin America Class A
LILA
$1.69B
| $704K | ﹤0.01% |
118,437
-44,263
| -27% | -$248K |
|
|
AVDL
4910
DELISTED
Avadel Pharmaceuticals
AVDL
| $703K | ﹤0.01% |
42,681
-649,545
| -94% | -$8.44M |
|
4911
OraSure Technologies
OSUR
$265M
| $702K | ﹤0.01% |
140,095
-21,872
| -14% | -$131K |
|
4912
Cardlytics
CDLX
$24.9M
| $701K | ﹤0.01% |
11,087
+1,536
| +16% | +$93K |
|
4913
First Trust Exchange-Traded Fund VI First Trust Dorsey Wright Momentum & Dividend ETF
DDIV
$81.2M
| $700K | ﹤0.01% |
24,709
-6,590
| -21% | -$181K |
|
4914
AvePoint
AVPT
$2.85B
| $700K | ﹤0.01% |
121,470
-7,219
| -6% | -$38K |
|
|
DSEY
4915
DELISTED
Diversey Holdings, Ltd. Ordinary Shares
DSEY
| $699K | ﹤0.01% |
83,318
-219,793
| -73% | -$1.82M |
|
4916
Codexis
CDXS
$171M
| $699K | ﹤0.01% |
249,482
-133,166
| -35% | -$431K |
|
4917
CNB Financial Corp
CCNE
$1.03B
| $697K | ﹤0.01% |
39,498
+176
| +0.4% | +$3.15K |
|
4918
Vitamin Cottage Natural Grocers
NGVC
$648M
| $696K | ﹤0.01% |
56,766
+3,746
| +7% | +$42.2K |
|
4919
Orthofix Medical
OFIX
$421M
| $694K | ﹤0.01% |
38,432
-6,779
| -15% | -$127K |
|
4920
Conduent
CNDT
$236M
| $693K | ﹤0.01% |
203,740
-79,924
| -28% | -$262K |
|
4921
First Trust S&P REIT Index Fund
FRI
$204M
| $692K | ﹤0.01% |
28,113
-2,140
| -7% | -$51.7K |
|
4922
Methanex
MEOH
$4.34B
| $691K | ﹤0.01% |
16,692
-21,890
| -57% | -$946K |
|
4923
Collegium Pharmaceutical
COLL
$875M
| $690K | ﹤0.01% |
32,090
+5,353
| +20% | +$122K |
|
|
CIM
4924
Chimera Investment
CIM
$988M
| $687K | ﹤0.01% |
39,717
-670,965
| -94% | -$10.7M |
|
|
PPT
4925
Franklin Premier Income Trust
PPT
$331M
| $687K | ﹤0.01% |
195,291
-41,579
| -18% | -$148K |
|
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.