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 | |
|---|---|---|---|---|---|---|
5001
Timberland Bancorp
TSBK
$358M
| $620K | ﹤0.01% |
24,242
+20,029
| +475% | +$500K |
|
5002
OptimizeRx
OPRX
$164M
| $618K | ﹤0.01% |
43,270
-6,194
| -13% | -$88.2K |
|
5003
Nicolet Bankshares
NIC
$3.75B
| $617K | ﹤0.01% |
9,088
-3,944
| -30% | -$250K |
|
5004
ROBO Global Robotics & Automation Index ETF
ROBO
$2.12B
| $617K | ﹤0.01% |
10,539
+150
| +1% | +$8.24K |
|
5005
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.48B
| $617K | ﹤0.01% |
32,601
+2,187
| +7% | +$39.8K |
|
5006
Nuveen Multi-Asset Income Fund
NMAI
$494M
| $615K | ﹤0.01% |
52,748
+1,733
| +3% | +$20.1K |
|
5007
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $615K | ﹤0.01% |
20,906
-478,091
| -96% | -$14M |
|
5008
PUT
Prothena Corp
PRTA
$455M
| $615K | ﹤0.01% |
+9,000
| New | +$580K |
|
5009
Aurinia Pharmaceuticals
AUPH
$2.06B
| $613K | ﹤0.01% |
63,350
-39,955
| -39% | -$415K |
|
5010
Global X MSCI SuperDividend Emerging Markets ETF
SDEM
$43.8M
| $613K | ﹤0.01% |
26,450
-1,993
| -7% | -$46.8K |
|
5011
Castle Biosciences
CSTL
$905M
| $612K | ﹤0.01% |
44,641
-12,521
| -22% | -$254K |
|
5012
Stock Yards Bancorp
SYBT
$2.64B
| $612K | ﹤0.01% |
13,479
-17,513
| -57% | -$820K |
|
5013
Vivid Seats
SEAT
$80.7M
| $611K | ﹤0.01% |
3,859
-3,780
| -49% | -$589K |
|
5014
CALL
B&G Foods
BGS
$294M
| $611K | ﹤0.01% |
+43,900
| New | +$632K |
|
5015
PDF Solutions
PDFS
$2.15B
| $609K | ﹤0.01% |
13,512
-7,880
| -37% | -$322K |
|
5016
Fortuna Silver Mines
FSM
$3.16B
| $608K | ﹤0.01% |
187,772
+108,517
| +137% | +$387K |
|
5017
Arbor Realty Trust
ABR
$950M
| $608K | ﹤0.01% |
41,033
-445,447
| -92% | -$5.51M |
|
|
HIMX
5018
Himax Technologies
HIMX
$2.66B
| $608K | ﹤0.01% |
90,043
-11,513
| -11% | -$80.8K |
|
|
CSA
5019
DELISTED
VictoryShares US Small Cap Volatility Wtd ETF
CSA
| $608K | ﹤0.01% |
10,045
+2
| +0% | +$117 |
|
5020
QCR Holdings
QCRH
$1.74B
| $607K | ﹤0.01% |
14,805
-6,357
| -30% | -$260K |
|
5021
Hyliion Holdings
HYLN
$725M
| $607K | ﹤0.01% |
363,421
+53,024
| +17% | +$89.4K |
|
5022
MasterCraft Boat Holdings
MCFT
$605M
| $607K | ﹤0.01% |
19,794
-5,104
| -20% | -$147K |
|
5023
Peapack-Gladstone Financial
PGC
$828M
| $607K | ﹤0.01% |
22,399
-5,148
| -19% | -$141K |
|
5024
BlackRock Income Trust
BKT
$337M
| $606K | ﹤0.01% |
49,831
-95,650
| -66% | -$1.19M |
|
5025
FlexShares Morningstar Emerging Markets Factor Tilt Index Fund
TLTE
$352M
| $604K | ﹤0.01% |
12,405
+127
| +1% | +$6.18K |
|
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.