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 | |
|---|---|---|---|---|---|---|
4926
Energy Vault
NRGV
$687M
| $686K | ﹤0.01% |
251,305
-118,955
| -32% | -$251K |
|
4927
Green Dot
GDOT
$771M
| $686K | ﹤0.01% |
36,580
-20,951
| -36% | -$371K |
|
4928
iShares MSCI Italy ETF
EWI
$1.08B
| $683K | ﹤0.01% |
21,473
+2,155
| +11% | +$67K |
|
4929
Invesco S&P SmallCap Quality ETF
XSHQ
$325M
| $682K | ﹤0.01% |
18,926
+6,381
| +51% | +$214K |
|
|
ERC
4930
Allspring Multi-Sector Income Fund
ERC
$260M
| $682K | ﹤0.01% |
73,642
-1,483
| -2% | -$13.3K |
|
|
BSAQ
4931
DELISTED
Black Spade Acquisition Co
BSAQ
| $682K | ﹤0.01% |
65,942
| – | – |
|
|
BGFV
4932
DELISTED
Big 5 Sporting Goods
BGFV
| $681K | ﹤0.01% |
74,388
-4,637
| -6% | -$37K |
|
4933
Costamare
CMRE
$1.77B
| $681K | ﹤0.01% |
70,375
-28,677
| -29% | -$257K |
|
4934
Vanguard ESG US Corporate Bond ETF
VCEB
$1.15B
| $680K | ﹤0.01% |
10,966
+109
| +1% | +$6.76K |
|
4935
Star Holdings Shares of Beneficial Interest
STHO
$118M
| $678K | ﹤0.01% |
46,246
+9,958
| +27% | +$158K |
|
|
NETI
4936
DELISTED
Eneti Inc.
NETI
| $678K | ﹤0.01% |
55,982
+33,228
| +146% | +$324K |
|
|
SHCR
4937
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $678K | ﹤0.01% |
387,211
-153,289
| -28% | -$240K |
|
4938
PUT
Stem
STEM
$61M
| $677K | ﹤0.01% |
+5,920
| New | +$588K |
|
4939
HUTCHMED
HCM
$2.12B
| $674K | ﹤0.01% |
56,198
-37,395
| -40% | -$510K |
|
4940
MBIA
MBI
$264M
| $674K | ﹤0.01% |
77,977
-16,585
| -18% | -$149K |
|
4941
PUT
Crown Castle
CCI
$32.3B
| $672K | ﹤0.01% |
+5,900
| New | +$702K |
|
|
ASA
4942
ASA Gold and Precious Metals
ASA
$1.1B
| $672K | ﹤0.01% |
45,177
-1,572
| -3% | -$25.4K |
|
|
WTPI
4943
WisdomTree Equity Premium Income Fund
WTPI
$506M
| $671K | ﹤0.01% |
20,719
| – | – |
|
4944
Comtech Telecommunications
CMTL
$52.7M
| $670K | ﹤0.01% |
73,304
-1,245
| -2% | -$13.4K |
|
4945
Cohu
COHU
$2.81B
| $669K | ﹤0.01% |
16,104
-40,298
| -71% | -$1.49M |
|
4946
Hovnanian Enterprises
HOV
$785M
| $667K | ﹤0.01% |
6,728
+4,014
| +148% | +$331K |
|
|
AAMC
4947
DELISTED
Altisource Asset Management Corp
AAMC
| $667K | ﹤0.01% |
+20,194
| New | +$934K |
|
4948
Sight Sciences
SGHT
$448M
| $667K | ﹤0.01% |
80,572
-23,472
| -23% | -$211K |
|
4949
PC Connection
CNXN
$2.05B
| $665K | ﹤0.01% |
14,754
-6,190
| -30% | -$270K |
|
|
WOW
4950
DELISTED
WideOpenWest
WOW
| $665K | ﹤0.01% |
78,770
-18,679
| -19% | -$169K |
|
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.