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 | |
|---|---|---|---|---|---|---|
|
HPI
5326
John Hancock Preferred Income Fund
HPI
$431M
| $383K | ﹤0.01% |
25,154
+223
| +0.9% | +$3.33K |
|
5327
CareTrust REIT
CTRE
$9.16B
| $383K | ﹤0.01% |
19,274
-77,221
| -80% | -$1.51M |
|
5328
Weave Communications
WEAV
$437M
| $382K | ﹤0.01% |
34,416
+8,524
| +33% | +$56.9K |
|
|
TERN
5329
DELISTED
Terns Pharmaceuticals
TERN
| $382K | ﹤0.01% |
43,666
-4,285
| -9% | -$49.9K |
|
5330
FTAI Infrastructure
FIP
$533M
| $382K | ﹤0.01% |
103,484
-974,478
| -90% | -$3.16M |
|
|
AQNU
5331
DELISTED
Algonquin Power & Utilities Corp Units
AQNU
| $382K | ﹤0.01% |
12,942
-148,536
| -92% | -$4.46M |
|
|
CARM
5332
DELISTED
Carisma Therapeutics
CARM
| $381K | ﹤0.01% |
43,490
+43,109
| +11,315% | +$235K |
|
5333
VSE Corp
VSEC
$6.79B
| $380K | ﹤0.01% |
6,943
-3,074
| -31% | -$149K |
|
5334
Regional Management Corp
RM
$309M
| $379K | ﹤0.01% |
12,432
-3,800
| -23% | -$104K |
|
5335
Tilray
TLRY
$643M
| $379K | ﹤0.01% |
24,302
-25,594
| -51% | -$549K |
|
|
HTZWW
5336
Hertz Global Holdings Warrants
HTZWW
$97.3M
| $377K | ﹤0.01% |
37,331
+1,356
| +4% | +$12.3K |
|
5337
Vishay Precision Group
VPG
$969M
| $376K | ﹤0.01% |
10,129
-3,103
| -23% | -$116K |
|
5338
Unity Bancorp
UNTY
$621M
| $376K | ﹤0.01% |
15,945
+3,767
| +31% | +$85.5K |
|
5339
State Street SPDR S&P Kensho Intelligent Structures ETF
SIMS
$8.75M
| $372K | ﹤0.01% |
10,337
-154
| -1% | -$5.19K |
|
5340
F&G Annuities & Life
FG
$3.59B
| $371K | ﹤0.01% |
14,989
-24,809
| -62% | -$486K |
|
|
FRGE
5341
DELISTED
Forge Global Holdings
FRGE
| $369K | ﹤0.01% |
10,122
+3,562
| +54% | +$87.3K |
|
5342
Manchester United
MANU
$4.17B
| $369K | ﹤0.01% |
15,128
-248,741
| -94% | -$5.15M |
|
|
EVG
5343
Eaton Vance Short Duration Diversified Income Fund
EVG
$144M
| $369K | ﹤0.01% |
37,594
-1,629
| -4% | -$16K |
|
5344
Lifestance Health
LFST
$4.75B
| $367K | ﹤0.01% |
40,219
-142,938
| -78% | -$1.19M |
|
5345
ACNB Corp
ACNB
$660M
| $366K | ﹤0.01% |
11,029
-4,520
| -29% | -$140K |
|
5346
ProShares UltraShort S&P500
SDS
$366M
| $366K | ﹤0.01% |
2,133
-47
| -2% | -$9.03K |
|
5347
South Plains Financial
SPFI
$858M
| $366K | ﹤0.01% |
16,243
+4,422
| +37% | +$95.9K |
|
5348
MVB Financial
MVBF
$398M
| $365K | ﹤0.01% |
17,313
+5,618
| +48% | +$106K |
|
|
SBDS
5349
DELISTED
Solo Brands Inc
SBDS
| $365K | ﹤0.01% |
1,612
+293
| +22% | +$72.8K |
|
5350
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
XHLF
$1.99B
| $365K | ﹤0.01% |
+7,264
| New | +$365K |
|
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.