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 | |
|---|---|---|---|---|---|---|
5401
U-Haul Holding Co
UHAL
$14.4B
| $331K | ﹤0.01% |
5,975
+279
| +5% | +$16.4K |
|
5402
Entrada Therapeutics
TRDA
$290M
| $330K | ﹤0.01% |
21,818
-11,953
| -35% | -$165K |
|
5403
Leonardo DRS
DRS
$12.2B
| $330K | ﹤0.01% |
19,026
-56,158
| -75% | -$869K |
|
5404
Franklin FTSE India ETF
FLIN
$2.66B
| $329K | ﹤0.01% |
10,665
+1,555
| +17% | +$45.3K |
|
5405
Cabaletta Bio
CABA
$466M
| $329K | ﹤0.01% |
25,498
+16,647
| +188% | +$181K |
|
5406
Franklin FTSE Australia ETF
FLAU
$180M
| $329K | ﹤0.01% |
12,409
-4,019
| -24% | -$108K |
|
5407
Eastern Company
EML
$153M
| $329K | ﹤0.01% |
18,178
+1,010
| +6% | +$17.8K |
|
5408
Duluth Holdings
DLTH
$153M
| $328K | ﹤0.01% |
52,303
+26,939
| +106% | +$161K |
|
5409
Commercial Vehicle Group
CVGI
$132M
| $328K | ﹤0.01% |
29,549
-10,300
| -26% | -$93.5K |
|
|
DHC
5410
Diversified Healthcare Trust
DHC
$2.03B
| $327K | ﹤0.01% |
145,479
-426,621
| -75% | -$613K |
|
5411
Southside Bancshares
SBSI
$986M
| $327K | ﹤0.01% |
12,497
-43,099
| -78% | -$1.25M |
|
5412
UroGen Pharma
URGN
$2.36B
| $327K | ﹤0.01% |
31,579
-99,036
| -76% | -$1.09M |
|
5413
Smartbird Inc
BIRD
$30.1M
| $327K | ﹤0.01% |
12,967
-2,293
| -15% | -$57.2K |
|
|
BRT
5414
BRT Apartments
BRT
$270M
| $326K | ﹤0.01% |
16,455
-10,782
| -40% | -$200K |
|
|
OXLC
5415
Oxford Lane Capital
OXLC
$938M
| $325K | ﹤0.01% |
13,437
+2,115
| +19% | +$54K |
|
|
GDEN
5416
DELISTED
Golden Entertainment
GDEN
| $325K | ﹤0.01% |
7,767
-20,854
| -73% | -$873K |
|
5417
MaxCyte
MXCT
$136M
| $323K | ﹤0.01% |
70,369
-16,608
| -19% | -$76.3K |
|
5418
Ribbon Communications
RBBN
$377M
| $321K | ﹤0.01% |
115,196
+17,764
| +18% | +$49.3K |
|
5419
Coursera
COUR
$1.53B
| $321K | ﹤0.01% |
24,667
-123,631
| -83% | -$1.48M |
|
5420
UFP Technologies
UFPT
$2.49B
| $321K | ﹤0.01% |
1,654
-1,611
| -49% | -$249K |
|
|
PZC
5421
DELISTED
PIMCO California Municipal Income Fund III
PZC
| $321K | ﹤0.01% |
41,635
+19
| +0% | +$147 |
|
5422
CALL
Nasdaq
NDAQ
$54.2B
| $319K | ﹤0.01% |
6,400
+6,300
| +6,300% | +$341K |
|
|
BVH
5423
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $319K | ﹤0.01% |
8,945
-7,411
| -45% | -$223K |
|
5424
BlackSky Technology
BKSY
$1.27B
| $319K | ﹤0.01% |
17,953
+14,969
| +502% | +$179K |
|
5425
iShares iBonds Dec 2029 Term Treasury ETF
IBTJ
$1.35B
| $318K | ﹤0.01% |
14,689
+6,220
| +73% | +$137K |
|
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.