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 | |
|---|---|---|---|---|---|---|
5051
iShares Core 10+ Year USD Bond ETF
ILTB
$592M
| $589K | ﹤0.01% |
11,199
+478
| +4% | +$25.1K |
|
5052
Vaalco Energy
EGY
$608M
| $587K | ﹤0.01% |
156,033
+49,346
| +46% | +$201K |
|
|
PSTX
5053
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $584K | ﹤0.01% |
332,026
+79,878
| +32% | +$204K |
|
|
HSII
5054
DELISTED
Heidrick & Struggles
HSII
| $584K | ﹤0.01% |
22,065
-12,215
| -36% | -$322K |
|
5055
Capital City Bank Group
CCBG
$898M
| $584K | ﹤0.01% |
19,056
-4,728
| -20% | -$143K |
|
5056
Relmada Therapeutics
RLMD
$512M
| $583K | ﹤0.01% |
236,901
+199,567
| +535% | +$552K |
|
5057
Cytek Biosciences
CTKB
$610M
| $582K | ﹤0.01% |
68,175
-114,684
| -63% | -$1.03M |
|
5058
Expensify
EXFY
$210M
| $582K | ﹤0.01% |
72,946
-55,191
| -43% | -$405K |
|
5059
Energy Fuels
UUUU
$3.77B
| $580K | ﹤0.01% |
92,985
-69,204
| -43% | -$406K |
|
5060
National Presto Industries
NPK
$1B
| $579K | ﹤0.01% |
7,911
-252
| -3% | -$18.5K |
|
5061
Nabors Industries
NBR
$1.39B
| $578K | ﹤0.01% |
6,218
-47,438
| -88% | -$4.82M |
|
5062
Monte Rosa Therapeutics
GLUE
$1.32B
| $576K | ﹤0.01% |
84,062
+34,140
| +68% | +$221K |
|
|
GLDD
5063
DELISTED
Great Lakes Dredge & Dock
GLDD
| $576K | ﹤0.01% |
70,559
-10,425
| -13% | -$67.7K |
|
5064
iShares MSCI Spain ETF
EWP
$2.22B
| $575K | ﹤0.01% |
19,909
+1,882
| +10% | +$53K |
|
|
SRDX
5065
DELISTED
Surmodics
SRDX
| $575K | ﹤0.01% |
18,362
-6,523
| -26% | -$149K |
|
5066
Smith & Wesson
SWBI
$643M
| $575K | ﹤0.01% |
44,059
-12,738
| -22% | -$155K |
|
|
CMAX
5067
DELISTED
CareMax, Inc. Class A Common Stock
CMAX
| $574K | ﹤0.01% |
6,154
+336
| +6% | +$29.6K |
|
5068
Amplify Cybersecurity ETF
HACK
$2.98B
| $573K | ﹤0.01% |
11,330
-2,115
| -16% | -$101K |
|
5069
Claros Mortgage Trust
CMTG
$257M
| $573K | ﹤0.01% |
50,522
-60,131
| -54% | -$675K |
|
5070
ARK Israel Innovative Technology ETF
IZRL
$141M
| $572K | ﹤0.01% |
30,240
-895
| -3% | -$16K |
|
5071
Atlanta Braves Holdings Series A
BATRA
$3.68B
| $572K | ﹤0.01% |
13,982
-12,082
| -46% | -$467K |
|
5072
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $572K | ﹤0.01% |
24,186
+14,140
| +141% | +$355K |
|
5073
First Trust Dow 30 Equal Weight ETF
EDOW
$322M
| $572K | ﹤0.01% |
18,977
+1,288
| +7% | +$38.2K |
|
|
HTBK
5074
DELISTED
Heritage Commerce
HTBK
| $571K | ﹤0.01% |
68,928
-9,615
| -12% | -$76.3K |
|
5075
Greystone Housing Impact Investors LP
GHI
$141M
| $570K | ﹤0.01% |
35,037
-1,251
| -3% | -$20.1K |
|
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.