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 | |
|---|---|---|---|---|---|---|
5251
Nuveen Core Equity Alpha Fund
JCE
$294M
| $430K | ﹤0.01% |
33,700
-796
| -2% | -$9.77K |
|
5252
Enel Chile
ENIC
$6.27B
| $430K | ﹤0.01% |
129,048
+95,452
| +284% | +$281K |
|
5253
Excelerate Energy
EE
$1.15B
| $430K | ﹤0.01% |
21,131
-11,606
| -35% | -$242K |
|
5254
Modine Manufacturing
MOD
$11.1B
| $429K | ﹤0.01% |
12,994
-88,679
| -87% | -$2.21M |
|
|
FIF
5255
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $429K | ﹤0.01% |
29,157
-2,169
| -7% | -$31.4K |
|
5256
Peoples Financial Services
PFIS
$714M
| $427K | ﹤0.01% |
9,754
-554
| -5% | -$22.6K |
|
5257
CALL
Fidelity National Information Services
FIS
$22.1B
| $427K | ﹤0.01% |
7,800
+5,500
| +239% | +$303K |
|
5258
First Community Bankshares
FCBC
$936M
| $427K | ﹤0.01% |
14,350
-3,883
| -21% | -$102K |
|
5259
Invesco Municipal Opportunity Trust
VMO
$664M
| $426K | ﹤0.01% |
45,046
-7,390
| -14% | -$69.9K |
|
5260
Ooma
OOMA
$572M
| $426K | ﹤0.01% |
28,436
+638
| +2% | +$8.4K |
|
|
EBIX
5261
DELISTED
Ebix Inc
EBIX
| $423K | ﹤0.01% |
16,790
-30,784
| -65% | -$577K |
|
5262
Alico
ALCO
$297M
| $422K | ﹤0.01% |
16,593
-6,070
| -27% | -$148K |
|
5263
iShares S&P India Nifty 50 Index Fund
INDY
$561M
| $422K | ﹤0.01% |
9,368
+996
| +12% | +$42.7K |
|
|
BCIC
5264
BCP Investment Corp
BCIC
$94.7M
| $422K | ﹤0.01% |
21,102
| – | – |
|
5265
Denison Mines
DNN
$2.92B
| $421K | ﹤0.01% |
336,921
-108,807
| -24% | -$121K |
|
5266
National Bankshares
NKSH
$270M
| $421K | ﹤0.01% |
14,416
-4,093
| -22% | -$122K |
|
5267
SandRidge Energy
SD
$520M
| $421K | ﹤0.01% |
27,581
+6,059
| +28% | +$89K |
|
5268
Mistras Group
MG
$576M
| $421K | ﹤0.01% |
54,481
-10,862
| -17% | -$80.8K |
|
|
IQDE
5269
DELISTED
FlexShares International Quality Dividend Defensive Index Fund
IQDE
| $420K | ﹤0.01% |
20,928
-110
| -0.5% | -$2.23K |
|
5270
HealthStream
HSTM
$846M
| $420K | ﹤0.01% |
17,083
-18,190
| -52% | -$451K |
|
5271
Community Trust Bancorp
CTBI
$1.43B
| $419K | ﹤0.01% |
11,789
-10,257
| -47% | -$369K |
|
5272
WhiteHorse Finance
WHF
$152M
| $419K | ﹤0.01% |
32,650
| – | – |
|
5273
Intrepid Potash
IPI
$493M
| $418K | ﹤0.01% |
18,432
-41,424
| -69% | -$937K |
|
5274
Intercorp Financial Services
IFS
$6.04B
| $418K | ﹤0.01% |
16,833
+15,541
| +1,203% | +$357K |
|
|
TAST
5275
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $418K | ﹤0.01% |
+82,918
| New | +$376K |
|
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.