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 | |
|---|---|---|---|---|---|---|
5201
Alto Ingredients
ALTO
$324M
| $472K | ﹤0.01% |
163,333
-162,278
| -50% | -$309K |
|
5202
PUT
Fastenal
FAST
$58.5B
| $472K | ﹤0.01% |
16,000
+9,800
| +158% | +$268K |
|
5203
CALL
T. Rowe Price
TROW
$23.6B
| $470K | ﹤0.01% |
4,200
| – | – |
|
|
JEQ
5204
DELISTED
abrdn Japan Equity Fund
JEQ
| $470K | ﹤0.01% |
77,441
+75,024
| +3,104% | +$427K |
|
5205
Aviat Networks
AVNW
$287M
| $469K | ﹤0.01% |
14,041
-4,263
| -23% | -$136K |
|
5206
Oil-Dri
ODC
$1.31B
| $468K | ﹤0.01% |
15,864
+10,764
| +211% | +$238K |
|
|
GOOD
5207
Gladstone Commercial Corp
GOOD
$626M
| $468K | ﹤0.01% |
37,806
+1,679
| +5% | +$20.1K |
|
5208
Mid Penn Bancorp
MPB
$974M
| $468K | ﹤0.01% |
21,174
+4,455
| +27% | +$102K |
|
|
GHL
5209
DELISTED
Greenhill & Co., Inc.
GHL
| $465K | ﹤0.01% |
31,758
+9,542
| +43% | +$101K |
|
5210
Invesco BulletShares 2029 Municipal Bond ETF
BSMT
$284M
| $464K | ﹤0.01% |
20,200
+1,722
| +9% | +$39.8K |
|
5211
PUT
Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
$140M
| $464K | ﹤0.01% |
+6,000
| New | +$358K |
|
|
LYRA
5212
DELISTED
LYRA THERAPEUTICS INC
LYRA
| $464K | ﹤0.01% |
2,256
+161
| +8% | +$22.4K |
|
5213
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$55.6M
| $464K | ﹤0.01% |
14,299
-4,129
| -22% | -$136K |
|
5214
Invesco S&P SmallCap Consumer Staples ETF
PSCC
$42M
| $462K | ﹤0.01% |
12,750
+4,224
| +50% | +$154K |
|
5215
OneWater Marine
ONEW
$198M
| $462K | ﹤0.01% |
12,736
-3,574
| -22% | -$106K |
|
5216
NextNav
NN
$3.36B
| $462K | ﹤0.01% |
156,984
-19,530
| -11% | -$47.1K |
|
|
CMRX
5217
DELISTED
Chimerix, Inc.
CMRX
| $460K | ﹤0.01% |
380,403
-177,312
| -32% | -$225K |
|
5218
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.72B
| $460K | ﹤0.01% |
16,563
+5,085
| +44% | +$133K |
|
5219
Nuveen Real Asset Income & Growth Fund
JRI
$346M
| $459K | ﹤0.01% |
40,231
-8,762
| -18% | -$100K |
|
5220
Simulations Plus
SLP
$371M
| $459K | ﹤0.01% |
10,598
-2,492
| -19% | -$109K |
|
|
LOVE
5221
LoveSac
LOVE
$253M
| $457K | ﹤0.01% |
16,957
-90,935
| -84% | -$2.32M |
|
5222
Ramaco Resources Class A
METC
$777M
| $456K | ﹤0.01% |
55,876
-56,262
| -50% | -$469K |
|
|
NOTV
5223
DELISTED
Inotiv
NOTV
| $454K | ﹤0.01% |
95,282
-44,758
| -32% | -$247K |
|
5224
NuScale Power
SMR
$3.85B
| $454K | ﹤0.01% |
66,817
-28,281
| -30% | -$229K |
|
5225
Clover Health Investments
CLOV
$2.44B
| $454K | ﹤0.01% |
506,295
-75,186
| -13% | -$66.7K |
|
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.