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 | |
|---|---|---|---|---|---|---|
5226
CALL
Array Technologies
ARRY
$778M
| $452K | ﹤0.01% |
20,000
-202,100
| -91% | -$4.33M |
|
5227
SCYNEXIS
SCYX
$51.5M
| $451K | ﹤0.01% |
19,098
+18,910
| +10,059% | +$442K |
|
|
NVTA
5228
DELISTED
Invitae Corporation
NVTA
| $450K | ﹤0.01% |
398,326
-156,697
| -28% | -$198K |
|
5229
iShares 25+ Year Treasury STRIPS Bond ETF
GOVZ
$257M
| $450K | ﹤0.01% |
8,483
-36,769
| -81% | -$1.95M |
|
5230
iShares MSCI Philippines ETF
EPHE
$146M
| $449K | ﹤0.01% |
17,237
-40,839
| -70% | -$1.07M |
|
5231
Superior Group of Companies
SGC
$208M
| $448K | ﹤0.01% |
47,987
-9,997
| -17% | -$83.9K |
|
5232
Paymentus
PAY
$5.27B
| $448K | ﹤0.01% |
42,431
+40,262
| +1,856% | +$376K |
|
5233
Magnachip Semiconductor
MX
$139M
| $448K | ﹤0.01% |
40,029
-4,522
| -10% | -$44.2K |
|
|
IAUX
5234
i-80 Gold Corp
IAUX
$1.45B
| $445K | ﹤0.01% |
197,983
+137,564
| +228% | +$324K |
|
|
ORC
5235
Orchid Island Capital
ORC
$1.32B
| $445K | ﹤0.01% |
42,986
-26,532
| -38% | -$274K |
|
5236
PUT
Elevance Health
ELV
$86.8B
| $444K | ﹤0.01% |
1,000
-24,700
| -96% | -$11.4M |
|
|
DXGE
5237
DELISTED
WisdomTree Germany Hedged Equity Fund
DXGE
| $444K | ﹤0.01% |
12,206
-1,917
| -14% | -$70.8K |
|
5238
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$24.7B
| $444K | ﹤0.01% |
17,866
| – | – |
|
5239
Aclaris Therapeutics
ACRS
$851M
| $444K | ﹤0.01% |
42,768
-27,095
| -39% | -$245K |
|
|
MBCN
5240
DELISTED
Middlefield Banc Corp
MBCN
| $443K | ﹤0.01% |
16,536
+10,205
| +161% | +$267K |
|
5241
Crescent Energy
CRGY
$4.03B
| $441K | ﹤0.01% |
42,359
-22,078
| -34% | -$236K |
|
5242
Solid Power
SLDP
$552M
| $441K | ﹤0.01% |
173,524
-22,194
| -11% | -$51.2K |
|
5243
Gorman-Rupp
GRC
$2.13B
| $437K | ﹤0.01% |
15,142
-7,367
| -33% | -$188K |
|
5244
Fulcrum Therapeutics
FULC
$285M
| $436K | ﹤0.01% |
132,238
+89,868
| +212% | +$264K |
|
5245
Davis Select International ETF
DINT
$292M
| $435K | ﹤0.01% |
23,073
-159,605
| -87% | -$2.91M |
|
|
QIPT
5246
DELISTED
Quipt Home Medical
QIPT
| $435K | ﹤0.01% |
81,427
+53,888
| +196% | +$318K |
|
|
SJT
5247
San Juan Basin Royalty Trust
SJT
$131M
| $433K | ﹤0.01% |
58,262
-669
| -1% | -$5.67K |
|
5248
Franklin US Small Cap Multifactor Index ETF
FLQS
$53.2M
| $433K | ﹤0.01% |
12,204
-10
| -0.1% | -$340 |
|
|
NDP
5249
DELISTED
TORTOISE ENERGY INDEPENDENCE FUND, INC.
NDP
| $433K | ﹤0.01% |
15,049
-162
| -1% | -$4.6K |
|
5250
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$665M
| $430K | ﹤0.01% |
37,299
-1,629
| -4% | -$18.5K |
|
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.