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 | |
|---|---|---|---|---|---|---|
5101
Artesian Resources
ARTNA
$370M
| $552K | ﹤0.01% |
11,697
-2,170
| -16% | -$114K |
|
5102
RGC Resources
RGCO
$224M
| $552K | ﹤0.01% |
27,567
-4,490
| -14% | -$92.5K |
|
5103
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
| $551K | ﹤0.01% |
29,268
-16,267
| -36% | -$306K |
|
5104
iHeartMedia
IHRT
$457M
| $550K | ﹤0.01% |
151,127
-55,075
| -27% | -$183K |
|
5105
Invesco Mortgage Capital
IVR
$805M
| $549K | ﹤0.01% |
47,844
+4,769
| +11% | +$51K |
|
5106
Equity Bancshares
EQBK
$1.06B
| $548K | ﹤0.01% |
24,066
+3,335
| +16% | +$78K |
|
|
NSL
5107
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $547K | ﹤0.01% |
119,479
+3,028
| +3% | +$13.8K |
|
|
MCW
5108
DELISTED
Mister Car Wash
MCW
| $546K | ﹤0.01% |
56,597
-912,991
| -94% | -$7.92M |
|
5109
LivePerson
LPSN
$35.2M
| $544K | ﹤0.01% |
8,026
-2,308
| -22% | -$150K |
|
|
ALX
5110
Alexander's
ALX
$1.38B
| $544K | ﹤0.01% |
2,958
+888
| +43% | +$160K |
|
|
AMWD
5111
DELISTED
American Woodmark
AMWD
| $543K | ﹤0.01% |
7,113
-23,414
| -77% | -$1.36M |
|
5112
FRP Holdings
FRPH
$425M
| $543K | ﹤0.01% |
18,856
+1,898
| +11% | +$54.4K |
|
5113
BNY Mellon International Equity ETF
BKIE
$1.35B
| $542K | ﹤0.01% |
23,499
+16,755
| +248% | +$380K |
|
5114
State Street SPDR FactSet Innovative Technology ETF
XITK
$73.4M
| $542K | ﹤0.01% |
4,102
-326
| -7% | -$38.7K |
|
5115
Aura Biosciences
AURA
$797M
| $541K | ﹤0.01% |
43,805
+2,712
| +7% | +$29K |
|
5116
Bank of Marin Bancorp
BMRC
$458M
| $541K | ﹤0.01% |
30,611
-50,073
| -62% | -$909K |
|
5117
VanEck Brazil Small-Cap ETF
BRF
$20.1M
| $540K | ﹤0.01% |
29,882
+29,722
| +18,576% | +$462K |
|
5118
Nuveen Global High Income Fund
JGH
$352M
| $538K | ﹤0.01% |
48,150
-1,577
| -3% | -$17.4K |
|
5119
PUT
RUM Group Inc
RUM
$3.7B
| $537K | ﹤0.01% |
+60,200
| New | +$567K |
|
5120
iShares 1-3 Year International Treasury Bond ETF
ISHG
$828M
| $537K | ﹤0.01% |
7,751
+847
| +12% | +$59.3K |
|
5121
Invesco BulletShares 2026 High Yield Corporate Bond ETF
BSJQ
$867M
| $537K | ﹤0.01% |
23,531
-1,067
| -4% | -$24.2K |
|
|
BKSC
5122
DELISTED
Bank of South Carolina
BKSC
| $536K | ﹤0.01% |
38,357
| – | – |
|
|
FARO
5123
DELISTED
Faro Technologies
FARO
| $534K | ﹤0.01% |
32,965
+6,774
| +26% | +$120K |
|
5124
Nano X Imaging
NNOX
$74.1M
| $534K | ﹤0.01% |
34,455
-174,939
| -84% | -$2.43M |
|
5125
Nuveen ESG Large-Cap ETF
NULC
$73.8M
| $534K | ﹤0.01% |
14,711
-5,698
| -28% | -$196K |
|
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.