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 | |
|---|---|---|---|---|---|---|
|
BNT
5301
Brookfield Wealth Solutions
BNT
$13B
| $402K | ﹤0.01% |
17,817
-10,413
| -37% | -$223K |
|
5302
Perella Weinberg Partners
PWP
$1.29B
| $402K | ﹤0.01% |
48,265
-21,500
| -31% | -$177K |
|
5303
Garrett Motion
GTX
$5.41B
| $399K | ﹤0.01% |
52,678
-12,286
| -19% | -$98.6K |
|
|
PVBC
5304
DELISTED
Provident Bancorp
PVBC
| $399K | ﹤0.01% |
48,144
+18,903
| +65% | +$143K |
|
5305
McCormick & Company Voting
MKC.V
$14.6B
| $398K | ﹤0.01% |
4,600
| – | – |
|
5306
Rush Enterprises Class B
RUSHB
$9.37B
| $398K | ﹤0.01% |
8,780
-9,709
| -53% | -$393K |
|
5307
Northrim BanCorp
NRIM
$606M
| $397K | ﹤0.01% |
40,360
+14,596
| +57% | +$147K |
|
|
CANO
5308
DELISTED
Cano Health, Inc.
CANO
| $397K | ﹤0.01% |
2,854
+325
| +13% | +$41.7K |
|
5309
IES Holdings
IESC
$15.1B
| $395K | ﹤0.01% |
6,953
+174
| +3% | +$8.31K |
|
|
PTRA
5310
DELISTED
Proterra Inc. Common Stock
PTRA
| $395K | ﹤0.01% |
328,926
+78,468
| +31% | +$96.4K |
|
|
CARV
5311
DELISTED
Carver Bancorp
CARV
| $393K | ﹤0.01% |
147,227
| – | – |
|
5312
AerSale
ASLE
$280M
| $393K | ﹤0.01% |
26,741
-27,191
| -50% | -$437K |
|
|
SNCR
5313
DELISTED
Synchronoss Technologies
SNCR
| $392K | ﹤0.01% |
46,927
-252
| -0.5% | -$2.12K |
|
5314
FlexShares Developed Markets ex-US Quality Low Volatility Index Fund
QLVD
$55.4M
| $392K | ﹤0.01% |
15,382
+12,824
| +501% | +$332K |
|
5315
Burke & Herbert Financial Services Corp
BHRB
$1.48B
| $392K | ﹤0.01% |
+6,101
| New | +$479K |
|
5316
Granite Ridge Resources
GRNT
$674M
| $389K | ﹤0.01% |
58,686
+55,414
| +1,694% | +$333K |
|
|
SRTA
5317
Strata Critical Medical Inc
SRTA
$522M
| $388K | ﹤0.01% |
98,586
-17,820
| -15% | -$56.5K |
|
5318
Citizens Financial Services
CZFS
$397M
| $388K | ﹤0.01% |
5,319
-1,916
| -26% | -$156K |
|
5319
PUT
PureCycle Technologies
PCT
$1.4B
| $388K | ﹤0.01% |
36,300
| – | – |
|
5320
iShares Asia/Pacific Dividend ETF
DVYA
$71.5M
| $387K | ﹤0.01% |
11,776
+234
| +2% | +$7.82K |
|
5321
Immunic
IMUX
$219M
| $386K | ﹤0.01% |
15,365
+6,312
| +70% | +$106K |
|
5322
Tucows
TCX
$126M
| $383K | ﹤0.01% |
13,824
-30,046
| -68% | -$775K |
|
5323
Q32 Bio
QTTB
$451M
| $383K | ﹤0.01% |
24,072
+539
| +2% | +$9.68K |
|
5324
Atea Pharmaceuticals
AVIR
$411M
| $383K | ﹤0.01% |
102,510
-34,013
| -25% | -$127K |
|
5325
CKX Lands
CKX
$22M
| $383K | ﹤0.01% |
38,357
| – | – |
|
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.